Copper sell call active, nickel mcx tips today 20 November

Commodity Copper trend weak on comax same as mcx commodity, open at 416 and made recent low at 410.60,

due to weak trend on Europe and China market base metal look negative trend, mcx nickel made high 1015 and fail upper side now traded at 1000 level evening session .

Commodity mcx gold and silver trend:

Evening session Gold and Silver fail from upper side gold made high 26617 and low at 26366 , while silver open at 35920 made high at 36150 and low of day at 35632.

commodity mcx tips today:

sell mcx copper at 413 target 411/409/406 stoploss 417

sell mcx gold above 26 500 target 26350/26200 stoploss 26650

sell mcx silver above 35950 target 35700/35600/35500 stoploss 36100

sell nickel above 1005 target 990/985 stoploss 1017

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Jeera November Contact down, coriander positional call tips today

Ncdex market Of India Jeera november contact down 50 point at previous close 10960,open today 10900 and made high 11045 and low of day at 10890,

over all market down trend so trader can sell above 10940 to 10960 level keep target 10860 stoploss 11045

Coriander October contact : today open at 11570 and made high 11585 while low of day at 11460, day trading slip down 140 point at previous close 11608,

over all contact of coriander traded down trend , monsoon look good so most of chances increase production thats reason to keep short position.  

intraday trader can sell coriander above 11520/11500 range keep target 11430/11340 stoploss 11580

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Mcx commodity market price update, intraday trading call for today 25/6/13

Tuesday the commodities are looking in the same phase as they were look yesterday, all the precious metal, base metal as well as the energy products are looking bearish working in a red flag with a highly decrement points. 

The precious metal gold slumps by 158 points and silver by 420 points. The cotton price drop around 130 points or 0.67% to Rs. 19370 in early trade with a high of 19460.00 and low of 19320.00 

Among all the base metal nickel has drop by 10.20 points at 806.20, then copper by 6.20 points at 394.60, lead by 1.45 points at 118.30, aluminium by 0.55 points at 103.20 and zinc by 0.75 points at 106.60. 

The price of crude oil and natural gas also decreases today in early trading while the mentha oil trading in a positive side with a rise of 6.50 points at 1038.10. 

Sell silver tgt 40435 | 40410 | 40395 sl 40559 

Sell gold tgt 26557 | 26537 | 26527 sl 26662 

Sell cotton tgt 19355 | 19340 | 19325 sl 19450 

Sell crude oil tgt 5669 | 5664 | 5659 sl 5694

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Today’s 24 April’13 commodity market updates and news, Crude oil above $100 a barrel

The precious metals a very important role for the decrement of the economic rate of China. It’s import were down by 25% to 195.98 tonnes and export rose by 44% to 109.9 tonnes. Similarly the platinum import down by 6% this year and palladium import rose by 24%. 

Indian market closed today. Yesterday the metals worked in a very worst condition. Silver closed at 42814 down by 873 points and gold closed at 26164 dropped by199 points. 

The base metals for future delivery showed both the sign green and red. Some has gone higher and some lower. So, a mixed reaction occure in the commodities. 

Due to Indonesia’s export restriction a sharp fall has been seen from the mid 2012. China’s bauxite imports fell by 12 percent since March and the more volatile metal Aluminia fell by 55 percent. In the global trading the crude oil price rose above $100 per barrel today. 

Crude oil for June delivery also on NYMEX was also up 0.56% at $89.67 per barrel. The American Petroleum Institute reported that the last week US crude declined 845000 barrels. 

FUTURE TRADING TIPS

SELL : GOLD, SILVER 

BUY : CRUDE OIL, ALUMINUM

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