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Showing posts with label base metal trend.. Show all posts
Showing posts with label base metal trend.. Show all posts

Monday, 5 August 2013

Today Monday 5 august commodity trend, accurate mcx trading calls, ncdex jeera updates

In evening session time at national commodity and derivative exchange a drastically change occure in the price of products. Coriander used to work in a green gloom with a high rise in points, in morning it was opened at 5175, turmeric is showing seeling trend as it is going down and down with a hugh decrement. If we talking about the ncdex jeera then it try to trade in a downward side with a little amount of changes. 

Here in multi commodity exchange gold and silver changes their phase from positive to negative and are trading in a red flag. With the precious metals other metals are also chnages their position, most of them are showing decrement levels. From the last session or from a last couple of days main source of cloths that is cotton is strongly rising up for future contract. The base metals are showing mixed nature. 

Ultimately we can say that a mixed reaction is coming from the mcx and ncdex commodities. Some are violently going upward while some are love to work in a negative side. As far as trading concern so its an average day. 

Cotton buy target 20215 | 20230 | 20245 stop loss 20160 

Crude oil sell target 6481 | 6475 | 6469 stop loss 6510

Tuesday, 30 July 2013

Intraday trading calls for today 30/7/13, mcx ncdex market trend

Tuesday the mcx market is looking bullish as compared to these the ncdex market is looking bearish. The metals at multi commodity exchange working in a high note with a high rise in points while the products at national commodity and derivative exchange highly depriciating today. 

Buy nickel tgt 817.20/818.20/819.20 sl 812.20 

Sell cotton tgt 19300/ 19285/19270 sl 19355 

Buy copper tgt 411.95/412.45/412.95 sl 408.95 

Sell chilli tgt 5463/5453/5438 sl 5533 

Buy soyabean tgt 2909/2917/2927 sl 2849 

Sell turmeric tgt 5074/5064/5054 sl 5124

Friday, 12 April 2013

12 April’13 Precious Metal | Cotton update | Today’s Mcx calls

Today on Friday market seems very fluctuating. The base metals are working in a positive zone having uptrend. The yellow metal gold is also looking bullish today where the other precious metal silver is bearish. 

In the global market the price of the metals for future delivery is going down. Jeera is showing highly uptrend considered a good volume with a support of 13664 and resistance of 14021. 

MCX Cotton (April) slipped by 90 points to Rs. 18880.00 takes a high of 19500 and low of 16700 with an open interest of decrease by 0.61%. 

BUY GOLD ABOVE 29200
TARGET 29210/ 29220/ 29230 STOP LOSS 29160 

SELL SILVER BELOW 51566 
TARGET 51556/ 51546/ 51536 STOP LOSS 51646 

BUY COPPER ABOVE 412.25 
TARGET 412.75/ 413.25/ 413.75 STOP LOSS 4098.25 



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