Thursday, 22 August 2013

Todays evening mcx ncdex market outlook, gold silver prices up, crude oil trend

At multi commodity exchange suddenly a quick change ocure in the commodities as they started to work in a positive side from the negative side, a hugh correction seen in the prices of the products. As we know in morning session the gold and silver traded in downward direction but know they used to trade in a upward direction. An ultimate change has been seen in the base metals also as they walk in a same path as of the precious metal, the energies shows a bullish trend for the future deliveries, crude oil , mentha oil and natural gas all three are keep on rising and rising. 

If we talk about the NCDEX market then here both the trend follows by the commodity, some are trying to do trade in green mode while some in a red mode. The chilli shows both the trend for the different months delivery as it looks red for september but green for october. It rises around 22 points at 5528 with a high 5580 and low 5470. 

Copper buy tg 481, 482, 483 sl 478 

Mentha oil buy tg 870, 877, 882 sl 850


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