Evening mcx ncdex update, intraday trading call for today 10/6/13

Monday seems a quite good day for trading. From the early morning all the products work in a positive note and still they used to work in the same side. There was a little bit changes has been occurred. 

The cotton for future looks positive on multi commodity exchange and the support and resistance level for the commodity is 18650 and 19350. At 11:24 kapas was trading down by 0.05% at Rs. 1072.5 per 20 kg. 

The base metal takes a hugh round and maintained the position, overall it’s a quite interesting day for trading. The only metal which shows down trend is lead; it drops by 0.25 points at 123.45. 

Cotton buy Tgt 19115 | 19130 | 19145 Sl 19040 

Gold buy Tgt 27735 | 27755 | 27765 Sl 27625 

Read More

Today 13/4/13 MCX Cotton updates, Gold Silver Tips and calls

Saturday morning all the products are looking bearish. Both type of metals precious and base showing red sign. 

Gold drop by more than 300 points and silver by 647 points. Globally it also changes drastically, support for yellow metal is 27988 and resistance is 29343. 

Yesterday cotton was seemed in down position but today it is in high position. 

Ncdex Kapas traded in a bullish trend. The commodity has support at 922 and resistance at 940. It traded in the same position until it breaks 910 level. 

Gainers : Kapas (1.79%), Cotton (0.41%), Mentha oil (0.32%), Natural Gas (0.26%), Cardamom (0.2%), potato (0.2%) 

Losers : Gold (1.9%), Silver (1.46%), Nickel (0.47%), Lead (0.35%), Crude Oil (0.35%), Zinc (0.3%) 

Sell gold below 27833 tgt 27808|27793|27778 sl 27913 

Sell silver below 48725 tgt 48755|48740|48725 sl 48875 

Fill Free Trial form to get more Mcx Ncdex Tips

Read More