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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Wednesday 15th May free commodity tips || intraday trading calls || gold silver price

In early morning trade, the precious metals are looking bearish. The gold drop at 26635.00 by 72 points and silver down by 259 points at 44257.00 All the base metals are also showing same trend as of precious metals. Inspite of these the cotton and natural gas are going up. 

The crude oil and mentha oil are slipped around 30 points and 8.90 points against their previous close for may delivery. In Asian market the oil price are rebounded. 

At national commodity and derivative exchange most of the products are in red sign. Chana for delivery of all months is going higher for June it surge 0.03% at 3406. It takes a high of 3416 and low of 398. 

Sell gur (July) Target 1250/1245/1240 Stop Loss 1275 

Buy potato (June) Target 950/955/960 Stop Loss 925 

Sell maize (June) Target 1125/1120/1115 Stop Loss 1165 

Sell gold (June) Target 26617/26597/26587 Stop Loss 26727 

Buy red chilli (June) Target 5770/5790/5810 Stop Loss 5700 

Sell silver (July) Target 44266/44241/44226 Stop Loss 44399 

GET MORE COMMODITIES FUTURE CALL, CLICKING ON THE GIVEN IMAGE

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Wednesday commodity Market trend || Today’s Mcx ncdex Tips || Crude oil Price

Yesterday there was a lot of increment and decrement occur in the commodity products. As the time passes all the metals start recovering. From the early trade both the gold and the silver looking bearish. 

Today, in the Asian market Brent crude oil for future rebounded near about $100 per barrel. At 10:35 AM crude oil on NYMEX was trading at $88.97 down by 0.07%. 

According to National Commodity and Derivative Exchange it is expected that Turmeric to trade negative today. Major support is 6850 and resistance is 7200. It is good to sell it with the target of 6950 and stop loss of 7300.

  
Mustard Seed for August delivery is seems to be most active on Wednesday. It was last traded at 3524.00 and change by 19 in a positive side. Soya oil is also looking active for future contract takes a change of 6.9 points. 


Gainers and Losers of the Morning trade 

UP : Kapas (1.79%), Aluminium (1.22%), Natural Gas (0.88%), Cardamom (0.33%), Potato (0.51%) 

DOWN : Crude oil (1.67%), Silver (1.08%), Copper (0.82%), Lead (0.72%), Gold (0.76%), Nickel (0.76%) 

Expert Advice 

Barley sell 
Tg 1310 : 1295 Sl 1365 

Wheat sell 
Tg 1405 : 1395 Sl 1445 

Nickel sell 
Tg 388.75 : 386.75 Sl 395.75 

Menthe oil sell 
Tg 975.5 : 971.5 Sl 994.5

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