Saturday 8th June gold silver level, caster seed trend, gainers losers and trading tips

This year the production of caster seed has estimated lower at 11.31 lakh tones against 15.76 tonnes. It gain 62 points for June delivery at 3553 and takes a high and low of 3555 and 3503. 

The precious metals adjust their position very nominally. The yellow metal gold up by 40 points to Rs. 27572.00 and the white metal silver drop by 92 points to Rs. 42945.00. The resistance and support level for the commodities are : 

GOLD R1 : 27795 S1 : 27011 
SILVER R1 : 43875 S1 : 42761 

There is no such high changes can be make out in the price base metals. The crude oil and mentha oil looks in the same as of base metal. As compared to yesterday today cotton seems to be trade in a negative direction. 

Gainers : gold (aug), crude oil (june), aluminium (june), nickel (june), lead (june), zinc (june), caster seed (july), chilli (aug), maize (aug), wheat (july)

Losers : silver (july), copper (june), mentha oil (june), cotton (june), chana (july), gur (july), turmeric (aug) 

BUY 

Nickel tg 864.4 | 864.9 | 865.4 sl 861.9 
Chilli tg 5830 | 5840 | 5850 sl 5760 

SELL 

Silver tg 42929 | 42919 | 42899 sl 42874 
Chana tg 3152 | 3142 | 3132 sl 3212 

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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

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