Chana is looking bullish, mcx ncdex commodity market tips for today 2nd August 2013

Ncdex sugar is seems to work in a downward trend. As far as the trading concern the price of commodity is heavily dropped. Chana looks bullish at 5:10 pm with a high rise in points. It is strongly rising up with a gain of 64 points. 

At multi commodity exchange the base metals and the energy source products has been trade in a positive side. The main source of cloths that is cotton is showing buy trend for future and surge around 250 points at 19940.00 

GAINERS

MCX : Crude oil (0.47%), Aluminium (1.29%), Copper (1.08%), Zinc (1.65%), Lead (1.17%), Cotton (1.27%) 

NCDEX : Barley (1.58%), Chana (2.43%), Gaur Gum (4%), Jeera (0.52%), Mustard Seed (1.74%), Potato (7%) 

LOSERS 

MCX : Gold (0.64%), Silver (0.50%), Mentha oil (1.85%) 

NCDEX : Chilli (2.67%), Coriander (1.35%), Gur (1.15%), Sugar (0.07%) 

JEERA BUY ABOVE 13095
TARGET 13105 | 13115 | 13125 STOP LOSS 13050 

SILVER SELL BELOW 41225 
TARGET 41215 | 41195 | 41175 STOP LOSS 41285

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11/4/13 Evening Commodity Market News and Updates

GOLD SILVER 
From the morning time both the precious metals seems red. As the season of wedding is going on the yellow metal gold slipped by 111 points to Rs. 29119 and silver for may drop by 0.70%. 

NATURAL GAS, CRUDE AND MENTHA OIL 
The oil price is going higher. It was working in a high position. Crude oil is in bull phase with support and resisted by 5539 and 5116. For April 30 delivery Mentha oil jump by 17.90 point with 1465 high and low of 986.80.

NCDEX Sugar future price rose by 16 rupee at Rs. 2965 per quintal to trade higher with an open interest of 53160 lots.
 
From the early morning there is a lot of changes occur in the price of Turmeric as the time goes on and on it increases by 34 pt’s. 

EVENING WINNERS 
Mentha oil (+2.05%), Kapas (+0.73%), Crude oil (+0.36%), Brent Crude Oil (+0.12%) 

EVENING LOSERS 
Zinc (-0.99%), Natural gas (0.90%), Aluminium (-0.73%), Silver (-0.70%), Nickel (-0.67%) 

Nickel Status Sell 
Tgt 112.55|112.05 Sl 115 

Mentha oil Status Buy 
Tgt 1026.2|1033.2 Sl 1003 

Silver Status Sell 
Tgt 51443| 51433 Sl 51506

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