29 August'13 mcx crude oil gain 55 points, ncdex jeera looking bearish, sell copper today

MCX 

Today the market open with a bullish note. All the metals are trying to do trading in a positive side. The gold surge 222 points at 10:27 am to Rs 33627 and the silver gain 274 points to Rs 56050. The energies are increasing smoothly like the crude oil price rise by 55 points and the mentha oil up 8.30 points. If we talking about the base metals then their is a marginally difference occurs in the price of the products but the nickel rises sharply around 1.82 percent or 17.10 points to 958.30. 

NCDEX 

At national commodity exchange a hugh decreasing level has been in the commodities. Chilli and Guarseed are the only products who used to work in upward side. Chilli up by 30 points at 5572 having intraday high 5624 and low 5532 for September while the Jeera is dipriciating around 2.5 points. 

GAINERS : Gold, Silver, Lead, Mentha oil, Nickel, Aluminium, Copper, Crude oil, Natural Gas, Chilli, Guarseed. 

LOSERS : Copper, Sugar, Jeera, Coriander, Barley, Chana, Caster Seed, Gur, Maize, Turmeric. 

Sell Copper Below 23020 Tg 2300/ 2290/ 2275 Sl 23050 

Buy Silver Above 56323 Tg 56353/ 56373/ 56383 Sl 56270

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Wednesday 14/8/13 evening live mcx market price || mentha oil and cotton up

The Mcx commodities are fluctuating till morning trading session, their is a bulk changes occur in the price of yellow metal. As the Indian government hiked the import duty over gold by 10% it directly affect the demand of gold. Today it was opened at 28900 up by 18 points in a positive way while the silver opened at 46247 in a negative direction. The cotton is extremely incredible, it is the only one among all the mcx products which used to maintain itself in a greenish mode since last one week, its seems quite impressive as it rising up and up. At 4:32 pm it up by 670 points or 3.16% at 21880.00 with an intraday high 21940 and low of 21270. 

BUY COTTON TARGET 21870 | 21890 | 21900

STOPLOSS 21820 

SELL CRUDE OIL TARGET 6497 | 6489 | 6483 STOPLOSS 6527 

BUY MENTHA OIL TARGET 856 | 862 | 869 STOPLOSS 838 

SELL LEAD TARGET 132.9 | 132.4 | 131.9 STOPLOSS 135.35 

 HAPPY INDEPENDENCE DAY TO ALL.......:)

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