Thursday, 23 May 2013

Gold Silver level | mcx ncdex tips and today 23 may commodity buy sell call

At multi commodity exchange the products are changing their position very fast. As compared to yesterday most of the products are looking bearish today. 

If we talk about the precious metals then the gold up by 162 points and silver down by 111 points. The support and the resistance of the metals are : 

gold S1 25272 R1 26393 
silver S1 40586 R1 43835 

All the base metal and the energy product such as zinc, copper, lead, aluminium, crude oil and mentha oil working in a negative side. They all are seems to be in Red flag and traded in the same position. 

The natural gas and the cotton are the only one which shows perfectly uptrend from the morning session as the trading has been started. 

Buy Red Chilli 

Target 5760, 5780, 5810 stop loss 5660 

Sell Nickel 

Target 828.6, 826.6, 824.6 stop loss 839 

Sell Crude Oil 

Target 5239, 5233, 5228 stop loss 5265 

Buy Chana 

Target 5996, 5706, 5716 stop loss 5646


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