Crude oil up, mcx base metal, ncdex sugar volatile, gainer and loser of today 28/5/13

A totally full opposite scene has been seen in the evening trade. The base metals which were fluctuating in morning are now stabilize and look green. The precious metal works in opposite side as of the base metals. 
 
For the delivery of may nickel surge 5.80 points at 824.40 against its previous close. Crude oil and cotton is continuously goes up, right now trading at 5311 and 18150. 

There is some volatility occurred in the sugar price. It is expected that the revenue of sugar companies may increase around four percent. For all terms and session it looks down. There is a slump in the price of the sugar for future contract. 

Gainers : Cotton (0.78%), Mentha oil (0.71%), Zinc (0.69%), lead (1.69%), Nickel (0.82%), Copper (0.92%), Aluminium (0.45%) 

Losers : Gold (0.69%), Silver (0.97%), Natural Gas (0.96%), Barley (1.61%), Chana (3.62%) 

Buy Nickel Target 826.3, 827.3, 827.8 Stop Loss 822.3 

Sell gold Target 26250, 26230, 26215 Stop Loss 26345 

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oil market trend, free mcx online tips, calls and news today 24th May

The commodity market seems to be change steadily as the time is passing. The commodities changes very speedily. Some are going up, some down and some remain in the same phase i.e. no change has been occurred in the price of the products. 

In the early morning trade the cost of gold rise by 20 points while the silver price down by 85 points against their previous close for the delivery of future. The cotton drop near 70 points at 18030.00 

The crude oil and the mentha oil looking bullish today, both of them are working in a positive side. Today Crude up by 0.48 percent and mentha up by 0.99 percent. 

The total availability of vegetable oil from Kharif and Rabi since 2012-13 up at 81.97 lakh as compared to last year 81.52 lakh tones. It’s import during 2012-13 increase by 5 to 7 lakh tones. Edible oil import rose by 11.6% to 51.38 lakh. During same period Palm oil import surge 34.5%. 

Amongst all the base metal the copper and nickel are fallen down and works in a red flag, while the rest of the metals are sharply increasing for future contract. 

Near about 6707 million pieces of circulation coin has been produced by Security Printing and Minting Corporation of India Ltd and supplied 6878 million pieces of coin in year 2012-13. 

BUY CRUDE OIL (June) TARGET 5248/5254/5260 STOP LOSS 5220 

SELL COTTON (May) TARGET 18025/18015/18000 STOP LOSS 18095 

SELL BARLEY(June) TARGET 1325/1320/1315 STOP LOSS 1365

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Wednesday 22/5/13 gold silver tips, chana level, ncdex sugar updates

From the morning time the products have maintained their position. All the metals precious as well as base are working in a positive note. Nickel gain highest point among all the base metal. 

The crude oil and mentha oil both are trading in a low note. Cotton which was traded in a down side is now changes its direction and start working in a positive side. It gains 30 point to Rs. 17990. 

Chana got a change of 5 points up to Rs. 3552, the support for the commodity is 3415.2 and resistance is 3384.7. the expert adviced buy above 3423.8. 

At national commodity and derivative exchange the sweet sugar is looking bearish for future, it loss 0.69 percent at 3176 with a high and low of 3199 and 3175. 

Silver buy above 43495.00 tg 43530/43555/43570 sl 43405 

Barley sell below 1353 tg 1343/1333/1323 sl 1393 

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