6th august evening mcx ncdex updates, copper nickel price level, sell gold

On tuesday evening the mcx commodities are extremely expanding themselves with a high rise in points. All the metals serves greenish level with a positive trend. The gold was looking bearish till morning session where the another one silver maintained its position. Their is a volatile changes has been seen in natural gas, today it opened at 204.20 up 1.60 points. 

For future delivery the base metals are going towards the upside, they are trading well in an optimistic way. Copper and nickel gains more points as compared to others. In intraday trading copper touches a high of 437.90 and a low of 429.00 similarly nickel touch a high of 864.80 and a low of 850.00. 

If we talk about the ncdex market then their is a mixed reactions occured by the products. Chana, chilli, guar gum, turmeric, kapas and mustard seed used to do trade in a negative side while the wheat, barley follows the positive path. 

Nickel buy target 857.70,858.70,859.70 stoploss 853.70 

Gold sell target 27700,27685,27660 stoploss 27795

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Today 16 May 2013 Crude oil price and level || mcx best commodity trading calls

Today mcx commodity market is fluctuating a lot, some of the metal are showing uptrend while some downtrend. The energy product seems to be in both side positive and negative. 

The precious metals gold and silver are working in the same trend as they were in yesterday. Both are going down in a red flag for the future. It is expected that the whole day they may be trade in same position. 

The crude oil drop down at 5134.00 by 26 points while the mentha oil gain 8.80 points at 918.10 for the delivery of may. the support and resistance for the products are : 
Crude oil R1 : 5227.9 S1 : 5092.1 
Mentha oil R1 : 919.4 S1 : 899.2 

The cotton is looking bullish today and it changes its position simultaneously within a second. In the base metals lead slipped by 0.23 percent against its previous close. 

Most of the products at national commodity and derivative exchange showing buy trend. Barley open at 1328 and takes a high of 1329.5 and low of 1328. Coriander price rise by 0.1 percent to Rs. 6842.00 

Caster seed of September contract drop by 0.11 percent at 3739 with an open interest of 350 and for August it takes a jump 0.14 percent at 3648. 

Crude oil sell 
Tgt 5126 | 5116 | 5106 Sl 5186 

Silver sell 
Tgt 43126 | 43101 | 43086 Sl 43251 

Nickel buy 
Tg 818 | 818.5 | 819 Sl 813.7 

Zinc buy 
Tg 100.2 | 100.7 | 101.2 Sl 96.65

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