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Showing posts with label crude oil up. Show all posts
Showing posts with label crude oil up. Show all posts

Tuesday, 28 May 2013

Mcx and Ncdex latest update, today Gold Silver price, commodities trading call

In the commodity market yesterday the gold was closed at 26446 and silver closed at 43610 but today both are open with decrease in points against the previous close. Both works down. If we talk about cotton then today it looks green till trading started, changes with the percentage of 0.33. 

As we all know about the nature of the base metals they change themselves very quickly, when it work in positive side then suddenly they will change their position and start working in negative side. As usual the same trend has been followed by them now. 

Nickel is only one which is trading up and looks green while the others are in red sign. Crude and mentha seems to be in same condition as of nickel. They opened with the increment in the open interest by 7.72%. 

The products like wheat, turmeric, chana and sugar looking bearish at national commodity and derivative exchange. Coriander takes a high of 6980 and low of 6955 currently working at 6977 with the rise of 48 points. 

Sell silver below 43373 
TGT 43343/43323/43313 SL 43463 

Buy cotton above 18150 
TGT 18165/18180/18195 SL 18090 

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Monday, 6 May 2013

Monday 6 May’13 mcx ncdex tips | Gold Silver price up | buy sell call

On 6th of May market is showing uptrend. Most of the products are looking bullish today whether it is a precious metal or base metal. The energy products are showing mixed nature. 

The precious metals gold and silver for June delivery surges 98 points at 27060 and 128 points at 45305. It expected that in whole day they may work in a same position. 

The base metals also get a good position in trading in morning session. The overall status of commodities is admirable. The products are looking good for trading. 

The crude oil and mentha oil both are working in opposite direction. The crude oil is going up while the mentha oil down. Both are traded for the future contract. Crude oil gain 1.03% and mentha oil loss 1.63% against their previous close. 

At national commodity and derivative exchange many of the products are in RED sign such as Barley, Caster seed, Chana, Chilli, Coriander, Pepper, Potato and soon. 

TODAY’S CALLS 


PRODUCT
STATUS
TARGET1
TARGET2
STOP LOSS
Gold
Buy
27111
27146
27002
Silver
Buy
45370
45400
45245
Mentha oil
Sell
886.9
879.9
902.1
Zinc
Buy
101.8
102.3
99.3


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