Base metal updates, free mcx trading tips, gold silver level today 12/6/13

The trend of silver future on Multi commodity exchanges looks range bound. The support for the commodity seen at 42900 and resistance seen at 44000 and 44500 level. The Silver trading down by 0.40% to Rs. 43436 per kilogram. The yellow metal gold price may remain negative. For medium term it would continue to fall. 

The base metal lead and copper are rising up with a gain of 0.25 points and 0.20 points for the delivery of June month. The source of cloths cotton has changed its direction and start to work in a down side. In morning session it got 90 points while right now it slips by 20 points down. 

Sell gold Tgt 27615 | 27595 | 27585 Sl 27723 

Sell silver Tgt 43374 | 43354 | 43344 Sl 43465

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Saturday morning precious metal tips, intraday future trading calls for today 18 may

On the last trading day of the week Saturday the mcx products are looking bearish whether it’s a base metal or precious metal or energy products. Cotton is also trading in a down side. 

This whole week the gold and silver mostly worked in a negative direction. From the last three days they worked in the same trend the down trend. Today also gold and silver slipped by 72 points and 184 points.

Crude and mentha oil are traded in a opposite direction. Crude oil drop by 0.04% and mentha oil gain 0.58% for the delivery of May month. 

Natural gas for may contract up by 2.50 points at 226.00. It takes a high of 226.50 and low of 221.00. The support for product is 220.4 and resistance is 226.6 

Ncdex call 

Buy rubber tg 17020 | 17030 | 17040 sl 16700 
Sell cardamom tg 705 | 700 | 790 sl 750 

Mcx call 

Sell silver tg 42600 | 42575 | 42560 sl 42715 
Sell nickel tg 814.6 | 814.1 | 813.6 sl 818.1 

GET FREE TRIAL………

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May 8 free commodity Trading Tips || Evening mcx ncdex calls and update

It’s quite exciting to see that the yellow metal has maintained its position from the early trade working in a positive side while the white metals running in a same down condition. 

Few hours ago the crude oil was trading in a green shade but as the time passes it drop near around 8 points to Rs. 5160 and mentha oil looking same as it was in the previous session. 

All the base metals are looking bullish in the noon time. At 3:30 pm copper gain 0.64 percent, nickel up 0.83 percent and aluminum up 0.74 percent. 

Ncdex soyabean is still trading in a positive direction today. The support and resistance level for product is seen at 3850 and 4010. Its export fell 67% in April month. 

Chana 

Satus Sell 
Target 3370 | 3360 | 3350 
Stop Loss 3430 

Nickel 

Status Buy 
Target 830.6 | 832.1 | 834.1 
Stop Loss 825.6

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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

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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

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