After a very long time their is a hugh increment seen in the mcx commodity market as all the products opened in a positive note and still used to work in a same trend with a high rise in price. Their is a stability seen in the commodities.
The yellow precious metal gold surge 3.14 percent at 30180 against its previous close on the other hand the white metal is strongly achieving high points for the future, it rise by 5.69 percent or 2649 points at 49222. In the global market also they are moving towards the high level. With the precious metals the energies and the base metals trading well against their previous closing price. The mcx metals are fluctuating in a particular range steadily but in upward direction only. Cotton strongly gain 870 points at 22760. So overall its been a quite powerful and interesting trading day.
Cotton buy target 22780 | 22800 | 22820 stoploss 22700
Nickel buy target 920.30 | 921.30 | 922.30 stoploss 915.30
The yellow precious metal gold surge 3.14 percent at 30180 against its previous close on the other hand the white metal is strongly achieving high points for the future, it rise by 5.69 percent or 2649 points at 49222. In the global market also they are moving towards the high level. With the precious metals the energies and the base metals trading well against their previous closing price. The mcx metals are fluctuating in a particular range steadily but in upward direction only. Cotton strongly gain 870 points at 22760. So overall its been a quite powerful and interesting trading day.
Cotton buy target 22780 | 22800 | 22820 stoploss 22700
Nickel buy target 920.30 | 921.30 | 922.30 stoploss 915.30
Trading Calls For Today
ReplyDeleteSELL COPPER (FEB.) BELOW 457.80 TG-456.30/454.30/451.80 SL-460.30
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Stock price of commodities differ at shorter period of time. Traders have to opt changes timely to perform effective trading in stock market. MCX Tips are used to get live updates of each commodity timely.
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