Tuesday 6 August 2013

Morning commodity prediction || gold silver bearish today || intraday trading calls for mcx

In morning trade hot gold and silver for future fall today instead if we move towards the base metals then they seems to be strong and going high. MCX nickel opened at 857.30 against its previous close which was 850.00 up 7.30 points. It is expected that they may be try to maintained the same position till the end of the day. Cotton is moving incredibly as its price is rising. 

MCX energies commodities following both the paths positive and negative. Crude oil is trading in a green shade with a morning high 6572.00, internationally its goes on decreasing and decreasing got a change of 0.13 percent down and the mentha oil opens with a gain of 15 points but after sometime changes the path and working in a depriciating level. 

BUY COTTON OCTOBER ABOVE 20360 TGT 20370, 20375, 20385 STPLS 20300 

BUY CRUDE OIL AUGUST ABOVE 6556 TGT 6562, 6568, 6574 STPLS 6536

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