weekend gold silver down trend, crude oil positive at 5730

mcx gold and silver down again below 27000 and silver 39000 , on comax both precious metal traded flat on evening session, gold down $1220 and Silver $17.52

mcx gold made high 27135 and low of day at 26753, intraday resistance level for gold at 27150/27190/27263

support of gold today at 26840/26753/26560, sell on high 26850/90 target keep 26500/26400 stoploss 27150

crude oil traded above 5730 while oprn at 5715 and low of day at 5672 ,made high of day at 5739,

sell crude oil 5740 target 5700/5680 stoploss 5765

Read More

Comax gold down below $1208, trading tips in commodity

commodity market of India base metal and gold silver continue fail on mcx , gold contact traded below 26500 made low of day at 26380 and silver 38722, on comax both precious metal was down , gols $1206 and silver $17.381, 

 

if comax gold break $1200 then mcx goldwas down below 26000

base metal trend today :

mcx copper and nickel look in down trend ,copper 415.35 and nickel 1055.80 level, crude oil aggressive positive trebd and made high above 5712,

natural gas traded above 243.20 with increase of 2.2 point,

evening mcx tips for trading :

sell mcx gold above 26500 target 26400/26300/26250 stoploss 26600

sell mcx silver above 39300 target 39000/38400 stoploss 39700

sell mcx copper above 415.7 target 411 stoploss 418

Read More

gold silver today buy calls

today gold recover from down side at 26503 and made high at 26775 as well as in comax gold made high $1227.2 ,
same as silver taken recovery look in green sign, at 39600

today mcx tips
buy  gold up side at 26650 target of 26790/26850/26900 stoploss 26550
buy copper above 415 target 417/419/421 stoploss 413

get more trading tips and level here on mcx

Read More

crude oil huge trading call on Expiry today, free mcx tips today

crude oil Expiry of september month today huge down below 5620 while open at 5656 and made high 5665 , low of day at 5614 , October contact crude oil made low at 5591 and evening session traded at 5621.

why down fall today:

most of factor increase production in Libya and Nigeria as well demand of Chines reduce in crude oil as well Record storage capacity in US so prrices down fall continusly last one month.

Now trading tips:

sell crude oil OCTOBER 5630 target 5600/5580/5550 stoploss 5650

buy mcx copper above 420 target 423/427 stoploss 417

Read More

Crude oil and copper calls update , mcx gold resistance level on 17 September

mcx crude oil slightly down after touch 5795 upside ,

support of crude oil at 5750 ,5700 and resistance level at 5838 and 5877

as trend on crude sell below 5750 and buy above 5810

base metal copper trend and tips :

mcx copper made high 429.75 today , support level for copper at 427.50 then 424 and Resistance level at 435 then 439

sell below 427.50 and buy above 430.50 .

mcx gold level and trend :

gold silver sustain below 27000 and 41500 today, mcx gold look bearish trend if break 26850 then keep short position target will be 26500,26350 , resistance level for gold at 27050 then 27189

because FOMC meeting result will come till Nigh so that Effect seen on gold silver tomorrow.

Read More

Jeera November Contact down, coriander positional call tips today

Ncdex market Of India Jeera november contact down 50 point at previous close 10960,open today 10900 and made high 11045 and low of day at 10890,

over all market down trend so trader can sell above 10940 to 10960 level keep target 10860 stoploss 11045

Coriander October contact : today open at 11570 and made high 11585 while low of day at 11460, day trading slip down 140 point at previous close 11608,

over all contact of coriander traded down trend , monsoon look good so most of chances increase production thats reason to keep short position.  

intraday trader can sell coriander above 11520/11500 range keep target 11430/11340 stoploss 11580

Read More

commodity update: bullion gold silver huge loss today at 27000, silver 41500

mcx gold rate down at 27000 while comax gold was $1237 , that is under pressure of US unemployment data and FOMC meeting review , 

 

Mcx silver down below 41500 while open at 41941, and low of day at 41365.

commodity base metal copper fail above 5 point at 417.7 , mcx nickel was down at 1128 , crude oil record low at 5529 with loss of 65 point.

Evening trend for trading today:

sell mcx gold at 27100 target 27000/26900/26800 stoploss 27250

sell mcx silver 41700 target 41400/41200/41000 stoploss 41950

sell copper above 419 target 417/415/411 stoploss 421

sell crude oil above 5540 target 5500/5430 stoploss 5600

Read More