Tuesday evening crude oil price, gold silver calls, gainers losers for today

Today the whole day commodity market remains in steady state. In the evening trading time all the products on multi commodity exchange shows uptrend as they showed in the morning time. 

This time cotton also looks positive, it gains 160 points and the precious metals and base metals are highly rising for the future contract. The energy product crude oil increases by 52 points and the natural gas by 1.78%. 

Gainers : gold (0.70%), silver (0.87%), cotton (0.74%), nickel (0.40%), copper (0.63%), kapas (0.89%), soya bean (1.75%) 

Losers : Mentha oil (0.15%), barley (1.5%), chilli (0.38%), jeera (0.88%), sugar (0.22%), turmeric (0.07%) 

Gold buy tgt 28087 | 28107 | 28117 sl 27987 

Silver buy tgt 44029 | 44054 | 44069 sl 43914 

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Today’s 16/4/13 commodity market news, MCX Intraday Calls and Updates

Monday was very disappointing to the consumers. Copper took a highest low after eighteen months according to China and US data record, affect the global growth as well. 

According to experts this week cotton may trade lower as the demand for the export is increased in India. For future export it fell by 2.02%. 

Monday Mcx silver closed at 44378 and today it opened at 43876 down by 502 points. Yesterday in the noon time it slipped by near about 4500 points and Gold by 2000 points. The support for gold is 25345 and resistance is 29058. 

In the International market Wheat is going higher and higher. The same situation has been seen in the trading of Soyebean Oil, Corn and Natural gas. The price of Brent oil takes a change of 0.20% at 99.56 for June contract. It drops below $100 since last July. 

NCDEX cardamom last traded at 854.40 changes by 35.60 points down with an open interest at 45 in 68 lots, takes a high of 900 and low of 854.40. 

Gold sell below 25479 tg 25464/25449 sl 25539 
Silver sell below 43239 tg 49204/49174 sl 43539 

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