19 June 2013mcx ncdex evening news, guar gum is looking bullish today

This time the commodities are working in a higher level on national commodity and derivative exchange. The guar gum which was trading in a down side in morning session is now changes its position and looking bullish for the future deliveries. Guar seed follow the same trend as of guar gum.   

If we talk about the mcx products then except crude oil, natural gas and cotton all other metals are looking negative. The precious metals also slow down in evening session but in international market the yellow metals gold rise by 0.40% to Rs. 1367.00 

The overall trend of the market is quite interesting, sometimes it goes up and sometimes down. The food grains and goods are working in both directions positive and negative. At 4:07 pm cotton started to work in up side with a gain of 10 points. 

SELL SILVER TG 43741/43721/43711 SL 43865 

BUY CRUDE OIL TG 5840/5845/5850 SL 5818

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Commodity gainers and losers, Sugar up and Brent oil fell globally

Tuesday, mcx commodity market closed with highly down side. In the season of wedding both the precious metals gold and silver closed at 26895 and 44854 slipped by 256 and 430 points. 
As the demand of the cloths are increasing day by day the cotton also closed down by 40 points for future delivery. 

In the month of April Crude fell below 7 percent. Yesterday US oil dropped by 43 cents at $ 93.04 a barrel. PMI on Wednesday fell to 50.6 in April from an 11 months high 50.9 March. 

In the international commodity market only London sugar and natural gas rose. They were up by 0.43 percent and 0.44 percent.

Gainers : Maize, Caster seed, Soya Bean, Jeera, Chana, Pepper, Turmeric, Red Chilli, Barley, Kapas, Gur

Losers : Gold, Silver, Copper, Cotton, Nickel, Aluminum, Zinc, Lead, Natural gas, Crude oil, Menthe oil. 

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