26 June 2013 mcx ncdex commodity market tips and updates || gold silver down

On multi commodity exchange the mixed trend has been seen. The precious metals and energy products are going downward side where the base metals try to go up with that the cotton is also going on increasing. 

Most of the food grains are working in a red flag with a highly decrement points. Chilli, gur, sugar and turmeric are the only products who maintained their position and rising up for the deliveries. 

Oil PSUs together would make a contribution of Rs.12 crore towards Chief Minister Relief Fund for the relief of the people affected in Uttarakhand Flood. GAIL (India) Ltd (Rs. 2 crores), Indian Oil Corporation Ltd(Rs. 2 crores), Bharat Petroleum Corporation Ltd (Rs. 2 crores), Oil Industry Development Board (Rs. 2 crores), Oil & Natural Gas Corporation Ltd (Rs. 2 crores), Hindustan Petroleum Corporation Ltd (Rs. 1 crore), Engineers India Ltd (Rs. 0.60 crores) and Oil India Ltd (Rs.0.40 crores). 

Gold sell target 26118/26093/26078 stop loss 26234 

Silver sell target 39631/39606/39591 stop loss 39756

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June 20 gold silver mcx commodity market price, tips and trading calls

There is a hugh and a high changes has been occurred in the price of mcx commodities. Both the precious metals gold and silver are highly diminished today. The metals are looking incredible. 

The gold volatile drop around 920 points to Rs. 27091.00 with a high of 28000.00 and low of 26890.00 and the silver slip by 2317 points to Rs. 41636.00 with a high 43805.00 and low 41186.00 

All the base metals follow the same rule as of precious metals as well as energy sources also. The cotton is the only one among all the mcx products which looks positive, it gain 80 points for the future contract.

Silver sell TG 41600/41500/41400 SL 42050 

Gold sell TG 27054/27004/26954 SL 27300

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Friday 14/6/13 Natural gas update, crude oil level, mcx ncdex tips today

Today, mcx commodities fluctuate a lot. In the morning session all were traded in a positive side but as the time passes away the products changes their position and in the evening time most of them are trading in downward side. 

The gold and silver which was looking bullish in early trade are now looking bearish. The base metals follow the same trend as of precious metals. For the future delivery Nickel June gain 0.16 percent to Rs. 819.80. 

Thursday, the Natural gas has slightly recovered as the weekly data showed by the United State’s Energy Information Administration. At 4:36 pm natural gas price decreases by 1.20 points to Rs. 219.90. 

The crude oil up by 8 points and mentha oil slip by 12.70 points against their previous close. The support and resistance level for the products are : 
Crude oil R1: 5601.3 S1 : 5540.7 
Mentha oil R1 : 1033.6 S1 : 1006.8 

INTRADAY TRADING CALLS 

Gold Status Sell below 27617.00 TGT 27587/27567/27557 SL 27677 

Silver Status Sell below 43066.00 TGT 43031/43006/425991 SL 43146

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Mcx ncdex live market news, gold silver buy sell call today 16/5/13

It has been noted that the globally demand of jewellery up 12 percent this year. In china it rose up 19 percent. The demand of coins were up around 18%. The total demand for gold in 2013 was 963t.

The future Wheat is looking positive. It was trading at Rs. 1533 per 100 kg up by 0.39%. support for commodity seen at 1470 and resistance at 1580. A fall of 10 to 12 mn tons were compared to the last year. 

At 11:44 am ncdex potato was also up by 0.45% at Rs. 885 per 100 kg for June delivery. Its overall trend looks bearish. Traders are advised to sell around 910 with stop loss of 940.  

The yellow and white metals are still working in a negative direction from morning time. As the wedding season is running the demand for the gold and silver is increasing so it’s good to buy it. 

Sell gold below 25939 tgt 25904 || 25879 || 25864 sl 26029 

Buy chana above 3399 tgt 33409 || 3419 || 3429 sl 3359 

Sell silver below 42435 tgt 42395 || 42365 || 42345 sl 42535

Buy barley above 1337 tgt 1352 || 1364 || 1374 sl 1287 

GET DAILY COMMODITY TIPS, CRUDE OIL TIPS, MCX NCDEX MARKET UPDATES AND SOON........

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Evening mcx ncdex market updates, cotton and copper trend for today 15/5/13

A high downfall has been occurred in the price of the precious metals. Sliver drop around 1.84 percent to Rs. 43695.00 and gold drop by 0.90 percent at 26466.00 

The oil and base metals are looking bearish for the noon session. Cotton which was traded in a high note right now is working down 20 points at 17920.00, only the natural gas maintained its position and gain 1.80 points. 

In the base metals nickel has dropped 10.50 points and the strongest metal among them copper for June slipped 4.35 points. 

The rape mustard seed has range bound between 3410-3560. Support for commodity is at 1130 and resistance at 1205 level. The total production estimated around 71.5 lakh. 

PRODUCTS	GAINER/LOSER	CHANGES (%)	CONTRACT
Gold	Loss	0.69%	June
Siver	Loss	1.53%	July
Crude oil	Loss	1.00%	May
Chana	Gain	0.73%	June
Natural gas	Gain	1.09%	May
Chilli	Gain	0.2%	September
Jeera	Loss	0.17%	May
Maize	Gain	1.66%	June
Potato	Loss	0.79%	June

 

Gold Status sell target 26423/26398/26383 stop loss 26548 

Silver Status sell target 43671/43646/43631 stop loss 43806

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Ncdex mcx live price || intraday trading tips for today 30 April 2013

In NMCE the rubber price for May delivery traded in a positive note. It’s support seen at 15700 and resistance at 16250 levels. Traders can buy it with target of 16250 and 16350 and stop loss of 15700. 

In early trade, today rupee rose by 13 paise to 54.12 against the US dollar. Yesterday rupee gained 12 paise at 54.25. The mcx commodity market is looking bearish today. 

The metals are going in a depth, the yellow metal drop by 0.410 percent to its previous close and white metal drop by 0.44 percent to Rs. 45085 with a high of 45439 and low of 45055.00 

The crude oil takes a change of 15 points and mentha oil changes by 2.30 points down for future delivery. Both are working in a low note. Levels for the mentha oil are 977.3 and 965.7. 

For 28 June contract copper slipped by 0.10 points at Rs. 389.10 and cotton up by 30 points or 0.22 percent for future delivery against its previous close. 18130 is its high and its low is 18080. 

In the international market gold, brent oil, silver, natural gas, soyabean oil are looking in a red sign while US wheat, cotton, coffee, London sugar are going up. 

Gold sell tgt 27025/27010/26995 sl 27135 

Silver sell tgt 45032/45007/44992 sl 45179

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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 

For more details click on the above given image

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