Evening commodity market news | mcx ncdex trends | free copper tips and level today

MCX : It seems to be a quite better day in trading sense as the products are reaching towards the positive note. After a long time all the metals are strongly showing buy trend. Their is a spontaneous reaction has been occur in the price of the commodities. Among all the metals silver and cotton gains a lots and lots of points for the future delivery. Their is no change seen in the price of zinc. 

NCDEX : At national commodity and derivative exchange most of the food grains working in a green shade. Turmeric, Maize, Chana, Chilli and Barley are used to do trading in a downward direction. For September caster seed looks range bound between 3250-3350, it was trading up 2.19% at Rs. 3307 per 100 kg. Indian caster oil touches 39422 tons and 59900 tons in April and May 2013. It is expected that the heavy rainfall pressured the commodity price in domestic market. 

Barley (Oct) status buy Above 1259 
TG 1262 | 1268 | 1273 SL 1239 

Chilli (Aug) status sell Below 5340 
TG 5320 | 5300 | 5290 SL 5400 

Nickel (Aug) status buy Above 834.70 
TG 835.2 | 835.7 | 836.2 SL 832.70 

Silver (Sep) status buy Above 41875 
TG 41905 | 41925 | 41935 SL 41795

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Today 12/7/13 mcx ncdex commodity market update, level and trading buy sell calls

MCX : 

Friday most of the products are looking bearish for the future contract. Yesterday the silver was closed at 41697 and today opened at 41561 down by 136 points and the gold was closed at 26677 and opened at 26693 down by 16 points. 

The crude oil is trading in a negative side while the mentha oil was trading in a positive side. The support for crude is seen at 6193.5 and resistance at 6372.5 and the support level for mentha oil is seen at 918 and resistance at 934.2 

The base metals copper, zinc, aluminium, nickel, lead are working in a downward direction. The cotton is also used to follow the same trend as of the base metals decreases by 170 points at 19820.00

NCDEX : 

Barley seems to be trade in a positive side for all session while the chilli is trade in a negative side. The coriander and jeera is strongly going down for July delivery. Jeera slipped by 57.5 points at 13500 and the coriander price drop by 121 points at 5795. 

In the international market wheat, soyabean oil and corn has been traded in a negative side. The US wheat slips by 0.18% to Rs. 681.12 and the wheat price drop by 0.18% at 681.12 

SELL COTTON TARGET 19785/19770/19755 STOP LOSS 19870 

SELL ZINC TARGET 111.65/111.15/110.65 STOP LOSS 115.15

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3 July 2013 evening mcx commodity news, intraday ncdex calls, soyabean update

Wednesday the metals have maintained their position till early morning trading time and still working in a same condition, maintained their position with a high rise in the points. All the mcx commodities are looking bullish. 

The gold and silver are strongly going higher and higher with a hugh change in the price for the delivery of the future contract. Both are showing buying trend today. The base used to follow the trend of the precious metals. 

The ncdex commodities as compared to the mcx commodities are looking bearish because most of the products at national commodity and derivative exchange are working in a downward direction. 

Soyabean for october delivery was seen to be trading at 3078.00 per 100 kgs down by 1.93 percent, traders are advice to sell it around 3120 with a stop loss of 3190 having target of 2910. 

BUY 

Chana Target 3258 | 3264 | 3272 Stop Loss 3229 

Cotton Target 19675 | 19690 | 19705 Stop Loss 19600 

SELL 

Barley Target 1356 | 1349 | 1342 Stop Loss 1394 

Maize Target 1413 | 1405 | 1397 Stop Loss 1443

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