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Showing posts with label commodities call. Show all posts
Showing posts with label commodities call. Show all posts

Monday, 5 August 2013

Today Monday 5 august commodity trend, accurate mcx trading calls, ncdex jeera updates

In evening session time at national commodity and derivative exchange a drastically change occure in the price of products. Coriander used to work in a green gloom with a high rise in points, in morning it was opened at 5175, turmeric is showing seeling trend as it is going down and down with a hugh decrement. If we talking about the ncdex jeera then it try to trade in a downward side with a little amount of changes. 

Here in multi commodity exchange gold and silver changes their phase from positive to negative and are trading in a red flag. With the precious metals other metals are also chnages their position, most of them are showing decrement levels. From the last session or from a last couple of days main source of cloths that is cotton is strongly rising up for future contract. The base metals are showing mixed nature. 

Ultimately we can say that a mixed reaction is coming from the mcx and ncdex commodities. Some are violently going upward while some are love to work in a negative side. As far as trading concern so its an average day. 

Cotton buy target 20215 | 20230 | 20245 stop loss 20160 

Crude oil sell target 6481 | 6475 | 6469 stop loss 6510

Monday, 24 June 2013

Gold silver price, base metal tips, crude oil looking bearish today 24 June 2013

Monday in the morning trade the precious metals are looking bearish likewise the base metals are also going down. The energy product mentha oil and cotton are used to work in a positive side. 

For future contract the yellow metals gold decreases by 289 points to Rs. 26731.00 and the white metal silver decreases by 666 points to Rs. 40920.00. This week may be the precious metals work in bearish side. 

The energy products crude oil and natural gas are slipping down with the rate of change of 20 points and 3.20 points, mentha oil surge 18.50 points at 1051 and the cotton gain 180 points at 19610.00 
 
BUY 

Cotton above 19590 target 19605 | 19635 stop loss 19530 

Menthe oil above 1049.90 target 1054.9 | 1059.9 | 1064.9 stop loss 1029.9 

SELL 

Gold below 26747 target 26717 | 26697 | 26687 stop loss 26827 

Silver below 40956 target 40921 | 40896 | 40881 stop loss 41046