5 June sugar price up, gold silver level, today’s gainers and losers, commodities update

Wednesday the price of commodities are fluctuating a lot. The precious metals are showing uptrend from the morning trade. The gold gain 13.8 points and silver gain 407 points. The support and resistance level of both the metals are: 
Gold S1 26787 R1 27861 
Silver S1 43559 R1 44140 

The base metals are working in both sides positive and negative. Aluminium and nickel looks positive while the other looks negative. The strongest metal among them that is copper drop by 0.90 points at 419.60. 

In the International market the sugar price rose by 0.24% and wheat by 0.32% for the future contract, corn also gain 0.23%. Us coffee was last traded at 127.42, it slip around 1.35 points or 1.05%. 

MCX 

Gainer : Gold (Aug), Silver (July), Aluminium (June), Nickel (June), Mentha oil (June), Cotton (June) 

Loser : Crude oil (June), Natural gas (June), Copper (June), Lead (June), Zinc (June) 

NCDEX 

Gainer : Caster seed (June), Chana (July), Potato (July), Sugar (Aug) 

Loser : Turmeric (July), Wheat (July), Barley (Aug), Coriander (Sept), Guar Gum (Oct) 

BUY SILVER TGT 44096/44116/44126 SL 43986 

SELL CRUDE OIL TGT 5281/5276/5271 SL 5304 

BUY GOLD TGT 27226/27246/27256 SL 27116 

SELL ZINC TGT 108.45/107.95/107.45 SL 111.45 

Fill Free Trial Form For More Commodity Calls......!!!!!!

Read More

Today 21 May crude oil price and ncdex mcx live market updates, gold silver up

Today in Multi Commodity Exchange the price of precious metals are going high, both gold and silver are looking bullish from early morning trade. 

Most of the base metals are also follow the trend of precious metals and works in a positive side. The aluminum and zinc are going down, both are drop by 0.05 points. 

The menthe oil gain 38.40 points at 1000.80 and crude oil gain 7 points at 5357.00 for the future delivery. The cotton has slipped around 0.17 percent. 

According to the Ifodriveindia.com the import of staple fibre has fallen to $50.17 million a decrease of 0.49% as compared to March 2013. 

At national commodity and derivative exchange Gur is going up and it got a change of 13.5 points in a positive direction for the November contract. Chana has following the same path as of gur. 

The overall trend of ncdex products are bullish barley, caster seed, sugar, jeera, mustard seed, turmeric and wheat are seems to be trade in a green flag. 

Mentha oil Status buy 
Target 1006.8/1011.8/1017.8 Stop loss 978 

Chana Status sell 
Target 3340/3330/3320 Stop loss 3405 

Kapas Status buy 
Target 1045/1050/1055 Stop loss 1025 

Gur Status sell 
Target 1250/1245/1240 Stop loss 1270 

Silver Status buy 
Target 43535/43555/43565 Stop loss 43416

Read More

Saturday 11 May 2013 trading calls, gold silver price, soyabean update

Saturday gold and silver both are looking bullish till early trading. Gold gain 128 points at 26971.00 and silver gain 186 points at 45248.00 for the delivery of june and july. 

Most the mcx products are working in a positive side as the market opened today. The source of energy Natural gas is fall by 1 points or 0.46 percent at 214.10. 

At 10:46 in multi commodity exchange cotton drop near around 90 points for may future contract. It takes a high of 18100 and low of 18000. 

The overall trend for the maize is up. It got a change of 0.49% at 1224 in a positive way for the july delivery and soyabean working down by 0.29 percent against its previous close. 

Cotton sell target 18040 | 18020 | 18000 stop loss 18140 

Buy silver target 45275 | 45295 | 45305 stop loss 45165

Read More

Oil price down, mussels up, crude oil price, gold silver level, mcx call today

The rubber price has fallen down in china. Tocom was trading at 270.7 yen a kilogram. Its support is seen at 16350 and resistance at 16800 level. In the month of April the total import of china increase 14.7% and import also climbed 16.8%. 

The oil price is down in global market. In Indian market both crude oil and mentha oil works in a same position after a long time both are rising up. 

The demand for the mussels has increased in country. Mussels price have shot up 20 to 25 percent. It is now retailing at 80-90 rupee a kg. Mussel is the common name used for members of several families of clams or bivalvia mollusca, from saltwater and freshwater habitats. 

Its total production in country is around 40000 tonne. Last year its production went down around 10000 tonnes as compared to three years ago. 

In morning trade gold for 5 june delivery rise at 26760 up 0.14 percent and silver at 44868 up 0.02 percent for july. The support and resistance level of precious metals are : 
Gold r1 : 26971.8 s1 : 26472.2 
Silver r1 : 453331 s1 : 44388.8 

The base metals are decreasing simultaneously. Natural gas drop around 1.50 points and most important and strong metal copper drop near 1.20 points for the contract of June. 

BUY 

Mentha oil TGT 899.5/904.5/910.5 SL 879.1 

Cotton TGT 18080/18110/18140 SL 17930 

SELL 

Lead TGT 108.8/108.3/107.8 SL 111.85 

Aluminum TGT 100.3/99.8/99.3 SL 102.8

Read More

Evening commodity news, base metal trend, gainers and losers of today 6/5/13

A great fall has been seen in the Jeera price. But the export demand limited the fall. At ncdex it fell by 0.69% in lots of 14496 and Spice for May decrease by 0.56% to Rs. 12812.50 per quintal in 2184 lots. 

The precious metals are in form today, they are positioned higher as much as they can from morning session. At 4:20 Gold gain 0.91% at 27208 and silver gain 0.72% at 45503. 

The natural gas is looking bearish today. Mentha oil drop at 887.50 by 19.30 points and Cotton at 18170 by 10 points. 

Crude oil remained in the same position green side. The same trend has been followed by the base metals like zinc, nickel, copper, lead and aluminum. 

Gainers : gold (0.87%), silver (0.68%), crude oil (1.32%), aluminum (0.70%), copper (0.80%), nickel (0.93%), lead (0.91%), zinc (0.89%) 

Losers : natural gas (0.59%), menthe oil (2.55%), barley (1.32%), chana (1.4%), chilli (3.41%), jeera (0.7%) 

Buy gold above 27187 tg 27215 | 27235 | 27245 sl 27107 

Sell menthe oil below 883 tg 877 | 871 | 866 sl 900 

Buy silver above 45489 tg 45524 | 45549 | 45534 sl 45399

Read More

Free commodity tips and gold silver trend today 23 April 2013

MCX Commodities are looking bearish today. The precious yellow metal is going higher at 26396.00 with a high of 33517 and low of 25352.00 

Silver for 4 May delivery is again working in negative mode. It drop by 0.63 percent against its previous close. The Support for silver is 42240 and resistance is 47770. 

Due to rising inventories the HSBC makes a little change in fundamental market. The Bank cut its aluminum price forecast to $2100 per tonne, nickel to $17110 per tonne, zinc to $2112 per tonne. 

In international market oil price decreases, June Brent crude dropped by 34 cents to $100.05 a barrel and US crude down by 40 cents to $88.79 a barrel. For middle east it is very tough to maintain the economy as the brent fallen below $100. 

MCX CALL 

Silver sell below 43230 
Target 43195, 43170, 43155 Stop loss 43430

Crude oil sell below 4821 
Target 4817, 4812, 4806 Stop loss 4837 

NCDEX CALL 

Maize buy above 1170
Target 1200, 1205, 1210 Stop loss 1140 

Chana sell below 3550 
Target 3500, 3490, 3480 Stop loss 3590 

Fore more click on the image

Read More

Evening commodity Mcx tips and Ncdex updates for today April 12

The future contract for Chilli trading in a positive note but in a particular range bound between 6530-3750. In the noon time it gained 0.91%. 

Turmeric also seems positive having the support and resistance level of 6570 and 7190. Its production is expected around 45 lakh. 

MCX GOLD and SILVER is working in a rough note. Both were down nearly about 150 to 392 points. In the international market the oil was showing mixed trend. 

Sugar is increasing steadly and growing well as the demand for the breverages is high. 

Sell Gold Target 29022/29012/29002 Stop Loss 29073 

Buy Mentha oil Target 1032/1033.5/1035 Stop Loss 1023.1 

Sell Silver Target 51272/51262/51272 Stop Loss 51385

Read More