Morning commodity prediction || gold silver bearish today || intraday trading calls for mcx

In morning trade hot gold and silver for future fall today instead if we move towards the base metals then they seems to be strong and going high. MCX nickel opened at 857.30 against its previous close which was 850.00 up 7.30 points. It is expected that they may be try to maintained the same position till the end of the day. Cotton is moving incredibly as its price is rising. 

MCX energies commodities following both the paths positive and negative. Crude oil is trading in a green shade with a morning high 6572.00, internationally its goes on decreasing and decreasing got a change of 0.13 percent down and the mentha oil opens with a gain of 15 points but after sometime changes the path and working in a depriciating level. 

BUY COTTON OCTOBER ABOVE 20360 TGT 20370, 20375, 20385 STPLS 20300 

BUY CRUDE OIL AUGUST ABOVE 6556 TGT 6562, 6568, 6574 STPLS 6536

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27 May 2013 sugar price fell, copper update, buy sell intraday future tips

The copper price is traded down in both domestic and international market. At 2:34 pm it was trading down by 0.17% at Rs. 407.15 per kilogram. 

The sugar slumps today. Due to poor spot market and less demand in the import sugar price fell. The support for commodity is 2970 while resistance is 3080. 

Coriander and caster seed looks bearish. Last week coriander closed negative. Its price remains under pressure. The export of castor oil decrease to 38869 tons while export of 50355 tons. 

It may be expected that there is a more downfall can be seen in the price of gold, from the early morning trade sliver recovered its position and starts trading in a positive side. 

The oil and base metals looks in the same trend as they were in morning session time. As compared to last week, today it’s very unexpected starting of the commodities. 

SILVER BUY TG 43650, 43665, 43690 SL 43555 

CRUDE OIL SELL TG 5208, 5202, 5196 SL 5234 

FOR FREE TRIAL……@@@@@

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Today's 22/4/13 evening session news || mcx Copper update || ncdex Wheat level

As the earth quake was occurred in China on Saturday evening the demand for copper is temporarily going down. In global market it was trading at $3.086 per pound down by 1.97 percent. 

At National Commodity and Derivative Exchange both the Chana and Turmeric is negative. Support for Turmeric seen at 6250 and resistance at 6880 and for Chana is 3500 and 3670. 

Wheat is looking positive for future contract today. For year 2012/13 supply of Wheat globally raised 2.9 million tons. Buy wheat around 1460 with target 1510 and stop loss 1430. In global cues the silver price rose by 0.48% to Rs. 43630 per kg. 

At Multi Commodity Exchange it traded higher by 207 point total turnover of 1072 lots. Today Oil price rose in Asian trade. Last week as the Brent price drop the economic growth of China decreased to 7.7 percent. 

SELL CHANA TARGET 3550/ 3530 STOP LOSS 3650 

BUY BARLEY TARGET 1365/ 1375 STOP LOSS 1325 

SELL ALUMINUM TARGET 100.1/99.6 STOP LOSS 102.6 

BUY CARDAMOM TARGET 786/800 STOP LOSS 762

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Evening gold-silver trading tips and movement | Intraday calls for today

After going through a down fall finally precious metals are recovering now. Currently the yellow metal gains 290 points at 25924 and silver up by 63 points to Rs. 44441.00 

Copper recovers for April delivery supported by 7000 level and resisted by 7450 and currently got a positive change of near about 0.30 point against its previous close. The other base metal Aluminium surge 0.35 percent to Rs. 1014.45

Ncdex cardamom has fallen down to Rs. 854.40 by 4 percent in a lots of 96 for future with no change in open interest. Almond is also slow down by 13.25 points. 

Tuesday, the rupee also looking bearish against the US dollar. Mentha oil and crude oil going in opposite direction, if one is up then the other goes down. But if we seen it globally then its price is down. 

BUY GOLD (June) TARGET 25931 | 25949 STOP LOSS 25863 
SELL CRUDE OIL (May) TARGET 4779 | 4769 STOP LOSS 4811 

BUY MENTHA OIL (April) TARGET 992.3 | 997.3 STOP LOSS 980.3 
SELL SILVER (May) TARGET 44317 | 44299 STOP LOSS 44412

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Today Crude Oil Tips and Copper call

MCX 
Monday morning the yellow metal is looking bearish for the future delivery. Silver is also showing downtrend. Its immediate support level is 50221 and resistance is 53251. 
 
The Oil was up in Asia today. The Sea Crude for May delivery increased by 32 percent. Crude Oil slipped by 0.33% to 5090 against the previous close. 

Copper played a vital role for the economic growth. The Copper consumption is currently as 20.47 million tonne (2012). 

NCDEX 
The price of Natural Rubber go up in international market. Meanwhile on Friday it were at Rs. 164 in South India at Kottayam. 

Cardamom is highly going up, changes by 5.6 (0.61%) to Rs. 917.00 total volume of 28. It takes a high of 920 and low of 914. 

Coriander is in strong uptrend shows a Buy trend. The resistance for the product is 7378 and support is 6857. 

INTRADAY CALLS 

Copper Buy 
Tgt 409.85, 411.35, 413.35 Sl 402.75 

Silver Sell 
Tgt 51346, 51331, 51316 Sl 51416

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