Friday morning trade gainers and losers || free commodity tips || trading call for today 26/4/13

Friday morning the commodity product changes their status simultaneously. Some of the metals are moving upwards where some are going downward. The precious metals are looking bullish today. 

Gold surge 144 points at 27185.00 for June delivery. The white metal (May) up by 0.25% to Rs. 45288.00 and takes a high of 45447.00 and low of 455166 in early trading. 

Yesterday the menthe oil was down and crude oil was up but today totally opposite scene has been seen between these two products. For future crude oil open with no change in its price and menthe oil open with a gain of 4 points against its previous close. 

Wheat at ncdex looking negative as well as it looks same in international market. Its open interest is change with trend. The positional support for product is 1454 and resistance is 1509. 

Gainers and Losers 

Ncdex

UP : Barley, Caster seed, Chana, Chilli, Gur, Coriander, Kapas, Mustard seed, Pepper, potato, Soya bean 
DOWN : Jeera, maize, sugar, Wheat 

Mcx 

UP : Gold, Silver, Mentha oil ,Cotton 
DOWN : Natural gas, Aluminum, Copper, Nickel, Zinc, Lead, Crude oil 

BUY 
Gold above 27177 Trgt 27212/27237/27252 Stp Ls 27097 
Mentha oil above 966.20 Trgt 971.2/976.2/981.2 Stp Ls 948.2 

SELL 
Lead below 111.20 Trgt 110.7/110.2/109.7 Stp Ls 114.2 
Wheat 1451.5 Trgt 1460/1455/1450 Stp Ls 1500

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Today’s 16/4/13 commodity market news, MCX Intraday Calls and Updates

Monday was very disappointing to the consumers. Copper took a highest low after eighteen months according to China and US data record, affect the global growth as well. 

According to experts this week cotton may trade lower as the demand for the export is increased in India. For future export it fell by 2.02%. 

Monday Mcx silver closed at 44378 and today it opened at 43876 down by 502 points. Yesterday in the noon time it slipped by near about 4500 points and Gold by 2000 points. The support for gold is 25345 and resistance is 29058. 

In the International market Wheat is going higher and higher. The same situation has been seen in the trading of Soyebean Oil, Corn and Natural gas. The price of Brent oil takes a change of 0.20% at 99.56 for June contract. It drops below $100 since last July. 

NCDEX cardamom last traded at 854.40 changes by 35.60 points down with an open interest at 45 in 68 lots, takes a high of 900 and low of 854.40. 

Gold sell below 25479 tg 25464/25449 sl 25539 
Silver sell below 43239 tg 49204/49174 sl 43539 

For more details click on the above given image

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