Friday, 7 June 2013

Friday evening mcx ncdex tips || precious metal trend || intraday trading calls

As compared to the morning trading time, in the evening session all the mcx commodities are showing buy trend and continuously working in a positive side after a long time. All the metals base and precious as well as the energy sources are looking in a green shade. 

The products have changed their position marginally, not a lot of difference has been seen in the price of the products. They used remain as it is, a small gap appear in their status. 

At national commodity and derivative exchange the commodities seems to in same phase as they were look today in morning time. Weak in Indian currency makes a lot of trouble for the future deliveries. 

COTTON BUY TARGET 19040 | 19050 | 19060 STOP LOSS 18980

CRUDE OIL BUY TARGET 5440 | 5445 | 5450 STOP LOSS 5415 

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  1. Oil prices fall on higher OPEC output, rise in U.S. crude stocks.
    Gold prices up in early Asia despite rising chances of Fed hike.
    LME Copper to Face Downward Pressure.

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