24 July 2013 crude oil price, precious metals are going down, mcx base metal today updates

Evening session in commodity market seems to be quite disgraceful for trading. From the morning time the commodities used to work in a downside and are still maintained the position and remain as it is. 

The energy source crude oil is going down where the mentha oil is going up. The crude oil price is depreciated by 0.52 percent to Rs. 6360.00 and the menthe oil surge 11.80 points to Rs. 889.30 

If we talk about the base metals then among all base metals the copper is the only one which is looking bullish in spite of this all other metals like zinc, lead, aluminium, nickel are looking bearish. 

CRUDE OIL SELL TGT 6343/6337/6331 STOPLOSS 6370 

NICKEL SELL TGT 834.3/833.8/833.3 STOPLOSS 837.3 

CLICK HERE tO gET mORE mCX nCDEX cOMMODITY mARKET tIPS aND iNTRADAY cALLS

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6/7/13 cotton price, gold silver looking bullish today, gainer loser, today’s trading tips

Saturday the mcx as well as the ncdex products are looking bullish in nature and working in a highly uptrend. The precious metals, base metals, food grains and the energy products all seems to be in green shade. 

The mcx commodities used to change their status everyday, if one they work in negative side then in the second day they work in positive side. Like today the gold and silver both are rising up and yesterday they worked in a negative side. 

The cotton in the early morning trade gain 50 points to Rs. 19940.00 for the future contract with a high of 19970.00 and the low of 19910.00 

RESISTANCE AND SUPPORT LEVEL 

Commodity	Resistance	Support
Red Chilli	5405.2	5274.8
Gold	26093.4	25582.6
Jeera	13231	13044
Silver	40600	39514
Soyabean	3657	3602
Crude oil	6363.8	6230.2
Lead	125.7	122.2

 

GAINERS AND LOSERS

Gainers	Losers
Zinc	Sugar
Copper	Soyabean
Coriander	Chana
Guar gum	Barley
Cotton	Potato
Turmeric	-
Aluminium	-

 

TODAY INTRADAY TRADING CALLS 

Buy gold tg 26035/26055/26065 sl 25925

Buy silver tg 40300/40325/40340 sl 40175

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Evening mcx nickel zinc price, ncdex chilli level, gainer loser, buy sell call today 4 July 2013

On national commodity and derivative exchange the food grains are showing both the trend up and down where in multi commodity exchange the natural gas, mentha oil and cotton are working in a positive side and all other are looking bearish. 

The base metal aluminium drop by 0.20 points, copper by 4.40 points, nickel by 3 points, lead by 0.45 points and zinc by 0.35 points. These all the base metals are trading for the future deliveries. 

Ncdex chana and chilli are strongly going up for all session. Chilli for July increases by 18 points to Rs. 5358 with a high of 5400 and a low of 5300, today it was opened at 5312. The support level for chilli seen at 5267.9 and the resistance level seen at 5412.1 
16:40

 Gainers 

MCX : Natural Gas, Mentha Oil, Cotton 

NCDEX : Coriander, Guar Gum, Potato, Chilli, Sugar, Turmeric 

Losers 

MCX : Gold, Silver, Zinc, Lead, Copper, Aluminium, Nickel, Crude Oil 

NCDEX : Barley, Jeera, Mustard Seed, Wheat 

Buy chilli above 5630 target 56358/5648/5660 stop loss 5580 

Sell turmeric below 5906 target 5902/5895/5886 stop loss 5936 

Buy cotton above 19750 target 19765/19780/19795 stop loss 19690 

Sell nickel below 833.30 target 832.8/832.3/831.8 stop loss 836.3

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Thursday June 27 gold silver level || crude oil price and today mcx calls

In the morning trading session both the precious metals gold and silver was trading in a positive side but as time goes on and on they change their phase and started to trade in a downward directions. 

Mcx silver is looking sideway bearish its support level is seen at 39000 and the resistance is seen at 40500. Right now it is trading down by 395 points to Rs. 39194.00 similarly gold drops by 227 points to Rs. 25909.00 

The crude oil and mentha oil followed the same rule as of the precious metals. The crude price slumps around 0.19% at 5784.00 and mentha oil slumps by 1.64% at 974.50 for the future delivery. 

SELL COTTON TARGET 19425/19410/19395 STOP LOSS 19490 

SELL SILVER TARGET 39213/39193/39183 STOP LOSS 39333 

SELL MENTHA OIL TARGET 969.8/964.8/958.8 STOP LOSS 993.6 

SELL COPPER TARGET 404.8/404.3/403.8 STOP LOSS 408.35

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