Thursday 27 June 2013

Copper update, free mcx tips calls, precious metals are looking bullish today 27/6/13

After a long time today from the early morning trade at mcx all the metals precious as well as base metals are working in a positive side, the energy products are also rising with a great changes. 

The cotton is looking bearish with a loss of 80 points to Rs. 19500 for the delivery of June month takes a high of 19570.0 and low of 19490.00. Wednesday cotton was closed at 19580.00 and today opened at 19550.00 with a loss of 30 points. 

The precious metals gold and silver are looking bullish. At 11:00 am the yellow metal is up by 0.48 percent at 26262.00 and the white metal up by 0.65 percent for the future contract. 

Buy nickel target 829.5/830/830.5 stop loss 826 

Sell copper target 408.1/407.6/407.1 stop loss 411.6 

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