Wednesday, 22 May 2013

Free commodity tips, intraday trading mcx calls today 22 May 2013

At multi commodity exchange the products are changing their position very smoothly. Most of the items are going up while two or three of them are going down. 

The precious metals are showing both the trend, the yellow metal drop by 0.08 percent and the white metal surge 0.11 percent for the delivery of June and July. 

The same behavior as of precious metals has been followed by the crude oil and mentha oil. The crude is trading in a negative side while the mentha is in positive side. 

All the base metals are looking bullish from the morning trade. It is expected that the whole day they may trade in the same position. The main source of cloths that is cotton is trading down by 90 points at 17870. It takes a high of 17890 and low of 17760. 

The total production of world crude steel of 63 countries was estimated 132 mn tons in April 2013, an increase of 1.2 percent as compared to the last year. China’s crude steel production is increase by 6.8% in 2013. 

BUY 

Mentha oil tg 1028.5 | 1034.5 | 1039.5 sl 1002.5 
Nickel tg 834.1 | 834.6 | 835.1 sl 830.6 

SELL 

Cotton tg 17860 | 17845 | 17835 sl 17930 
Crude oil tg 5316 | 5311 | 5305 sl 5302 

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4 comments:

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  2. Today’s most accurate tip for commodity
    ZINC (31 DEC) TREND: CONSOLIDATE
    RES 1: 117.50
    RES 2: 118.70
    SUPP 1: 115.50
    SUPP 2: 114.50
    STRATEGY: SELL ON HIGH
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