Saturday, 18 May 2013

Saturday morning precious metal tips, intraday future trading calls for today 18 may

On the last trading day of the week Saturday the mcx products are looking bearish whether it’s a base metal or precious metal or energy products. Cotton is also trading in a down side. 

This whole week the gold and silver mostly worked in a negative direction. From the last three days they worked in the same trend the down trend. Today also gold and silver slipped by 72 points and 184 points.

Crude and mentha oil are traded in a opposite direction. Crude oil drop by 0.04% and mentha oil gain 0.58% for the delivery of May month. 

Natural gas for may contract up by 2.50 points at 226.00. It takes a high of 226.50 and low of 221.00. The support for product is 220.4 and resistance is 226.6 

Ncdex call 

Buy rubber tg 17020 | 17030 | 17040 sl 16700 
Sell cardamom tg 705 | 700 | 790 sl 750 

Mcx call 

Sell silver tg 42600 | 42575 | 42560 sl 42715 
Sell nickel tg 814.6 | 814.1 | 813.6 sl 818.1 



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