Monday, 15 April 2013

Mcx Gold Silver market position | Intraday Trading tips | Ncdex calls for today

An unexpected scene has been seen in the market. Continous free fall on both the comex and mcx market. The future of gold and silver down today. Gold for the delivery of 5 June fell by 5.64% and Silver for May 4 by 9% against their previous close. 

After three months Palladium fell by five percent at $671.97 and Platinum is weakest since last August at $1439.49. 
Nickel and Copper is for 28 June last traded at 13.05 and 18.80 points. From the morning time all the products are going down and down with respect to their last close. 

Ncdex Jeera is perfectly working. Support for the product is 13657 and Resistance is 14021. It’s good to buy it with the target of 14000 and stop loss of 13610

Mentha oil down by 39.60 (4.00%) points takes a high and low of 983 and 950.50 in a lots of 612 with an open interest of 1027. 

Gainers : potato (2.72%), Natural Gas (0.97%) 
Losers : Cardamom (3.99%), Copper (3.81%), Lead (3.19%), Nickel (3.06%) 

Soya Bean (MAY) 
Status : Buy 
Target : 3954 | 3990 
Stop Loss : 3870 

Coriander (MAY) 
Status : Buy 
Target : 7500 | 7530 
Stop Loss : 7350

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