The evening commodity market trend is totally opposite to the morning trend. The precious metals who looks positive in early trade is looking bearish at noon time while all the base metals are showing bullish trends.
Gold decreases around 213 points to Rs. 26953 and Silver decreases about 257 points to Rs. 44908. Both are traded for the delivery of June and July month.
Natural gas slipped by 0.51 percent with a high of 216.50 and low of 215.10. Cotton seems to do trading in a positive direction with the rate of change in price by 170 points.
Currently at national commodity and derivative exchange barley is trading at higher level with an open interest 2080 rose by 11 points.
Gainers : Aluminum (0.10%), Copper (0.99%), Nickel (0.44%), Lead (0.46%), Zinc (0.59%), Menthe Oil (0.46%), Cotton (1.11%),
Losers : Gold (0.79%), Silver (0.56%), Natural Gas (0.37%), Chana (0.11%), Chilli (1.17%), Gur (0.74%)
Status sell
Gold below 26933
TG 26898/26873/26858 SL 27033
Status buy
Nickel above 837.80
TG 838.3/838.8/839.3 SL 834.8
Friday 10 May 2013
Mcx ncdex tips / buy nickel / commodity market news for today 10/5/13
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