Wednesday 5/6/13 evening commodity updates, buy mentha oil, mcx ncdex tips

In the evening time a totally different look has been seen in the price of commodity products. In morning trade most of the metal seems negative but currently all the mcx products whether base metal, precious metal or energy products all are looking bullish. 

For June crude oil gain 17 points or 0.32 percent to Rs. 5317 with a high of 5325 and a low of 5280. Similarly, mentha oil gain 13.90 points or 1.48 percent at 955.20 with a high and low of 961.10 and 941.50

A drastically changes has been occurred in base metals. Cotton surge 40 points at 18920.00 for June. Today caster seed is ranges bound between 3280-3400. At 11:39 am it was trading up by 0.33% at Rs. 3347. 

Mentha oil buy above 955.90 
Target 960.9 | 965.9 | 969.9 Stop loss 940.9 

Cotton buy above 920.00 
Target 930 | 940 | 950 Stop loss 870

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Today 17/5/13 Friday evening calls and news, crude oil update, mcx live price

Friday, the whole day gold and silver are trading in a negative side. At 3:34 the yellow metal gold drop by 124 points at 26004 and the white metal silver drop by 285 points at 42977 for the future contract. 

The mentha oil surge 24.30 points and crude oil surge 27 points, both are working in a high note, traded in a bull side. The natural gas shows a same trend as of the crude and mentha oil. 

The future crude oil fell today, it slipped around $95 dollar per barrel. In country’s multi commodity exchange was trading up by 0.10 percent at Rs. 5114. 

The base metals zinc, copper, lead, aluminum are going up, they fluctuating in between 0.50 to 4 points in a positive side. 

Mentha Oil Buy Tgt 934/939/943 Sl 913.4 

Silver Sell Tgt 42971/42946/42931 Sl 43094 

Crude Oil Buy Tgt 5247/5253/5256 Sl 5221 

Gold Sell Tgt 25990/25970/25960 Sl 26100 

Cotton Buy Tgt 18005/18020/18035 Sl 17930 

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