Wednesday, 31 July 2013

Evening commodity market news | mcx ncdex trends | free copper tips and level today

MCX : It seems to be a quite better day in trading sense as the products are reaching towards the positive note. After a long time all the metals are strongly showing buy trend. Their is a spontaneous reaction has been occur in the price of the commodities. Among all the metals silver and cotton gains a lots and lots of points for the future delivery. Their is no change seen in the price of zinc. 

NCDEX : At national commodity and derivative exchange most of the food grains working in a green shade. Turmeric, Maize, Chana, Chilli and Barley are used to do trading in a downward direction. For September caster seed looks range bound between 3250-3350, it was trading up 2.19% at Rs. 3307 per 100 kg. Indian caster oil touches 39422 tons and 59900 tons in April and May 2013. It is expected that the heavy rainfall pressured the commodity price in domestic market. 

Barley (Oct) status buy Above 1259 
TG 1262 | 1268 | 1273 SL 1239 

Chilli (Aug) status sell Below 5340 
TG 5320 | 5300 | 5290 SL 5400 

Nickel (Aug) status buy Above 834.70 
TG 835.2 | 835.7 | 836.2 SL 832.70 

Silver (Sep) status buy Above 41875 
TG 41905 | 41925 | 41935 SL 41795


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