Thursday morning mcx commodity products are showing both the trend up and down. If the precious metals going up then the base metals are going down in early morning trade.
Crude oil and menthe oil seems to be trading in a positive side. Crude gain 27 points at 5235 and mentha gain 4.20 points at 888.
At national commodity and derivative exchange most of the products rising while many other slipping down. Barley for July contract got a change of 1.5 points at 1391.
At multi commodity exchange cotton for May looking bullish today, it surges 120 points or 0.67% against its previous close. It takes a high of 18060 and low of 18020.
Chana slip around 0.39 percent, it takes a high and low of 3364 and 3337. The support or chana is 3319.4 and resistance is 3400.6. Best buy is 3347 and best sell is 3352 with an open interest of 10300.
GAINERS : gold (0.30%), silver (0.92%), crude oil (0.48%), mentha oil (0.70%), cotton (0.67%)
LOSERS : natural gas (0.37%), aluminum (0.39%), copper (0.69%), nickel (0.20%), lead (0.13%), zinc (0.39%)
BUY GOLD ABOVE 27178 TARGET 27208/27228/27243 STOP LOSS 27098
BUY SILVER ABOVE 45306 TARGET 45341/45366/45396 STOP LOSS 45186
Thursday, 9 May 2013
Thursday crude oil price, chana levels, buy gold silver, today’s gainer and loser 9/5/13
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