Monday, 15 April 2013

Monday 15 Apr Commodity market outlook and today mcx ncdex call

Today on Monday morning MCX commodity market is looking bearish. Only the energy product Natural gas is going up by 0.69% to Rs. 232.70 for April delivery.
While most of the NCDEX products showing uptrend.

Chana is working in a high note supported by 3614 and resisted by 3695. The expert advice that it’s good to buy above 3675.

The base metals are totally looking opposite as they were seen in the last days. All are splashing Red signal. In the most important metals gold and silver the drastically changes have been seen today.

Gold down by 765 points to Rs. 27160.00 and silver slipped by 2640.00 points at 46261.00

Sell Crude oil tgt 4849, 4841 sl 4877

Sell Lead tgt 109.05, 108.55 sl 111.5 

Sell Red Chilli tg 6500, 6470 sl 6660

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