Monday gold silver price, commodity level and call, mcx ncdex tips today 20 May

There is highly downfall has been occure in the price of the white precious metal silver. It drop by 1788 points to Rs. 40841 for the delivery of July month. Gold is also working in a down side. 

Cotton rose near about 30 points in the early trade. The base metal aluminum only showing the uptrend otherwise all the other base metal are looking bearish today. 

The energy products are trading in both direction positive and negative. The crude oil slipped by 29 points while the mentha oil gain 9.80 points and the natural gas drop around 0.49% for the future contract. 

In the international market the price of sugar rise by 0.33% for August at 477.60 but at national commodity and derivative exchange it lost by 0.38% at 3144. 

Today the overall trend of Barley is looking bearish for all contracts. The same trend has been followed by caster seed, chilli and coriander for the future. 

SILVER SELL TARGET 40816 | 40781 | 40746 STOP LOSS 40941 

RUBBER BUY TARGET 17200 | 17250 | 17300 STOP LOSS 17000 

GOLD SELL TARGET 25399 | 25384 | 25369 STOP LOSS 25495 

COTTON BUY TARGET 17890 | 17900 | 17910 STOP LOSS 17840 

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Thursday Mcx Ncdex live price and commodities trading calls today 25/4/2013

The industrial demand of silver coin is increasing in China as well as in India. Investors are also showing their interest in coins and medals of silver. A 4% gain in silver industrial demand has been recorded in India (2011). 

Oil price rose in Asian market today more than expectations. In morning trade the Brent North Seed crude increased by 32 cents to USD 102.05. MCX crude oil surge 23 points at 4985 for May delivery. 

The yellow metal gold starts recovering its condition. It takes a high of $144671 in earlier session. More upward movement will see if it breaks the price $1447-$1450 level. 

Ncdex Jeera and turmeric are looking bearish. The support and resistance for jeera nad turmeric are : 

Jeera R1 : 13362 S1 : 12838 
Turmeric R1 : 6592.3 S1 : 6453.8

Pepper is looking sideway for May contract. It ranges between 35440 to 35135. The 35053 and 35358 are its levels. Traders are advice to sell it with the target 34700 and stop loss 35800. 

Silver buy above 43283 
Trgt : 43313/43338/43358 
Stp ls : 43133 

Gold buy above 26607 
Trgt : 26637/26657/26672 
Stp ls 26507

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Today's 22/4/13 evening session news || mcx Copper update || ncdex Wheat level

As the earth quake was occurred in China on Saturday evening the demand for copper is temporarily going down. In global market it was trading at $3.086 per pound down by 1.97 percent. 

At National Commodity and Derivative Exchange both the Chana and Turmeric is negative. Support for Turmeric seen at 6250 and resistance at 6880 and for Chana is 3500 and 3670. 

Wheat is looking positive for future contract today. For year 2012/13 supply of Wheat globally raised 2.9 million tons. Buy wheat around 1460 with target 1510 and stop loss 1430. In global cues the silver price rose by 0.48% to Rs. 43630 per kg. 

At Multi Commodity Exchange it traded higher by 207 point total turnover of 1072 lots. Today Oil price rose in Asian trade. Last week as the Brent price drop the economic growth of China decreased to 7.7 percent. 

SELL CHANA TARGET 3550/ 3530 STOP LOSS 3650 

BUY BARLEY TARGET 1365/ 1375 STOP LOSS 1325 

SELL ALUMINUM TARGET 100.1/99.6 STOP LOSS 102.6 

BUY CARDAMOM TARGET 786/800 STOP LOSS 762

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