Silver slips by 1146 points, crude oil trend, nickel down, base metal tips for today august 30' 2013

After a good serve from the last couple of days today at multi commodity exchange a highly decrement has been seen in the price of the products. The commodities are working in a negative side with a lost of lots of points for future. 

The precious metals silver slumps around 1146 points at 54396 against its previous close touches an intraday high 55550 and a low 54327 similarly the gold decreases by 501 points at 33149 touches an intraday high 33648 and a low 33090. 


The base and the energies are used to follow the same path as of the precious metals. Brent crude for October slid to a low of $113.63 a barrel and was down 77 cents at $114.39 by 0436 GMT, extending a 1.2 percent fall on Thursday. U.S. crude for October delivery fell $1.12 a barrel to $107.68 after hitting a low of $106.75. 

The crude oil price fall by 249 points and mentha oil by 6.70 points where the cotton has dipriciating around 240 points to Rs. 22320, the base metal Nickle is falling sharply for September month by 24 points at 933.80. 

NICKEL SELL TARGET 932, 930, 928 STOPLOSS 939 

CRUDE OIL SELL TARGET 7199, 7191, 7180 STOPLOSS 7220

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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 

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Ncdex free commodity tips, copper updates, US coffee price rises today 6/6/13

From the morning trading session the mcx commodity products looking bearish, still they follow the same trend. The precious metals gold and silver slip by 54 points and 133 points. All the base metals follow the same trend as of precious metal. 

In international market the price of wheat, soyabean oil, sugar and brent oil increases. The US coffee also rises by 0.20 percent or 0.25 points. It was last traded at 127.70. If we talk about the overall trend of the market then it is drives flat in whole day. 

The energy products crude oil and mentha oil looks green today for the delivery of June month. At afternoon oil was up 55 cents to $94.29 per barrel. Yesterday it was closed at $93.74 a barrel rose by 43 cents. 

Nickel sell Tgt 855/854/853 Sl 860 

Cotton sell Tgt 18890/18880/18870 Sl 18930 

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