Wednesday, 8 May 2013

May 8 free commodity Trading Tips || Evening mcx ncdex calls and update

It’s quite exciting to see that the yellow metal has maintained its position from the early trade working in a positive side while the white metals running in a same down condition. 

Few hours ago the crude oil was trading in a green shade but as the time passes it drop near around 8 points to Rs. 5160 and mentha oil looking same as it was in the previous session. 

All the base metals are looking bullish in the noon time. At 3:30 pm copper gain 0.64 percent, nickel up 0.83 percent and aluminum up 0.74 percent. 

Ncdex soyabean is still trading in a positive direction today. The support and resistance level for product is seen at 3850 and 4010. Its export fell 67% in April month. 

Chana 

Satus Sell 
Target 3370 | 3360 | 3350 
Stop Loss 3430 

Nickel 

Status Buy 
Target 830.6 | 832.1 | 834.1 
Stop Loss 825.6

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