July 17 chana trend, mcx ncdex coriander tips, commodities support and resistance level for today

In the early morning trade the gold and silver are looking bullish for the future. The yellow metal increases by 72 points to Rs. 26541.00 and the silver increases by 70 points to Rs. 41090.00 

The energy products and the base metals followed the same rule as of the precious metals. The cotton is the only one among all mcx commodities which is working in a negative side. It slips by 50 points at 19280.00 

The ncdex products used to work in both the trends up and down. Chana is powerfully rising up for all future contracts. For July the coriander price drops by 111 points or 1.84 percent at 5912 with a high of 5912 and low of 5912.

COMMODITY	SUPPORT LEVEL	RESISTANCE LEVEL
Gold	26303	26835
Jeera	13336	13489
Silver	40712	42410
Chana	2924	3020
Copper	411	419
Sugar	2948	2993
Nickel	793	818

 

 Nickel buy tg 810.4 | 810.9 | 811.4 sl 806.9 

Cotton sell tg 19315 | 19300 | 19285 sl 19390

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Ncdex coriander down today, buy chana, gold silver and cotton updates

On ncdex future coriander looking bearish, the resistance and support level for the commodity is seen at 6730 and 6810. Currently it is trading down by 0.79 percent at 6663. 

In the morning time the mood of precious metal looked like they go further down side but they maintain the position and traded in a positive side, still gold and silver are showing uptrend. Gold gain 30 points and silver gain 43 points. 

There is a slump has been occurred in the price of cotton today, it continuously decreasing by 0.06 percent for the contract of May month. It took a high of 18210 and low of 18090. 

On national commodity and derivative exchange many of the products have been stood up. They are positively and strongly trading at higher level. Sugar looks very sweet as it goes up and up. 

Buy chana (sept) target 3387 | 3397 | 3407 stop loss 3327 

Sell barley (august) target 1363 | 1353 | 1343 stop loss 1423 

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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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Thursday MCX NCDEX live price, intraday trading calls and Today’s gainers and losers

In the National commodity and derivative exchange the price of coriander fell 1.95 percent to Rs. 6755 per quintal for future contract. The spice for May decline by 108 rupees with an open interest of 33360 lots. 

After going through a high down fall finally gold shows green sign. At 3.54 pm the precious yellow metal surge 39 points to Rs. 25718. 

In spot market today Potato price rose by 1.10 percent per quintal for future trade. It also traded higher by Rs. 10.70 with a volume of 15 lots. 

Overall Market Status 

Almond (+13.25), Crude oil (+35.00), Gold (+127), Alumini (+0.25), Potato (+0.90) 
Mentha oil (-23.10), Nickel (-12.60), Copper (-5.50), Kapas (-11.30), Lead (-1.15) 

BUY 

Crude oil above 4737 trgt 4747 | 4755 | 4760 stp ls 4717 
Gold above 25738 trgt 25747 | 25759 | 25771 stp ls 25658 

SELL 

Copper below 376.45 trgt 374.85 | 374.35 | 372.85 stp ls 381.45 
Mentha oil below 967.80 trgt 959.8 | 952.8 | 948.8 stp ls 991.8

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Gold Silver update, Crude oil looking bearish, best commodity tips for today April 18' 13

MCX NEWS 

Thursday, it is seen that the gold and silver are further going to sell. In the international market gold fell by more than 1 percent in early trade. Globally silver is also trading negative. For May at 10:00 am it was slipped by 0.91% at $23.113. 

Oil price is also in under pressure. Brent oil is further low below $97 a barrel. Crude oil lost 20 points to Rs. 4681 against its previous close. Today it opened at 4702 down by 1 point. 

NCDEX NEWS 

In current market the production of ncdex Sugar in country reached 24.1 million tonnes down 2% from 24.5 million tones. Near about 793 lakh sugarcane were crushed to produce 7.2 million tonnes of sugar. 

Coriander support for today was seen at 6700 while resistance at 7120. The product may trade negative today. A sharp fall in the price of coriander happened due to lower production. 

Jeera is moving in a side way looking bearish for short term. Expert says that it is good to buy above 13336.7 with the stop loss of 12931.5 

INTRADAY CALLS 

Sell Crude oil below 4682 tgt 4620/ 4612/ 4601 sl 4700 

Sell gold below 254201 tgt 25386/ 25361/ 25346 sl 25521 

Sell silver below 43000 tgt 42955/ 42920/ 42835 sl 43150

Fill Free Trial Form for More Commodity Call……..!!!!!!!!!!!!

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