Tuesday, 16 April 2013

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
at

3 comments:

  1. Kiyara23 January 2014 at 00:55

    Commodity market is ever touristy market as NCDEX comprise every day battered products which grow in rural products.
    ____________________________________________
    http://www.shahpuracommodity.com/

    ReplyDelete
  2. Sonal Jain9 August 2016 at 23:08

    The derivative contract of Dish TV India, Indiabulls Real Estate, Wockhardt and Jindal Steel & Power have crossed 95 percent of the market-wide position limit and are currently in the ban period.
    CapitalStars

    ReplyDelete
  3. Unknown15 March 2018 at 05:37

    Thanks for this useful Information; it’s very useful for traders’ point of view.
    Free Stock Market Tips

    ReplyDelete