Saturday, 27 July 2013

Intraday Commodity tips

 
Gold imports in the first quarter of fiscal 2013 was 18.5 per cent. Minister of State for Commerce Jyotiraditya Scindia in the Rajya Sabha admitted that between April and June this year, India's gold imports fell 18.5 per cent to Rs 72,000 crore has been. 
However, despite the decline in the last 8 trading days, gold has gained 3 percent. Qi in gold has risen in expected -3. Currently, with a decline of 0.1 per cent on MCX gold is trading at Rs 30,800. 0.3 per cent, while silver is trading at Rs 56 770 with osteoporosis. 
With marginal gains of 0.1 per cent on MCX Crude oil is trading at Rs 5,280. Around 1 per cent decline in crude oil this week has seen. Hurricane Isaac lingering anxiety diminished supply from falling. In June, the U.S. oil demand has fallen by 190 million barrels per day. 
Jyotiraditya Scindia also said that imports of any commodity depends on many things - foreign demand, exchange rate and domestic prices. He made it clear that there will be no change in current gold import policy. 
International market - with the strength of crude oil in the domestic market trend is being witnessed. The MCX crude oil with a gain of 0.4 per cent is close to Rs 5,300. This week, crude oil has declined by nearly 1 per cent. Hurricane Isaac lingering anxiety diminished supply from falling. In June, the U.S. oil demand has fallen by 190 million barrels per day. 
Gold and silver continued slowdown in the domestic market. Today, the U.S. Federal Reserve's crucial meeting and analysts do not expect the meeting to announce Qi 3. The ECB buying bonds next week, the situation is clear. That is why all the pressure in gold and silver. 
However, despite the decline in the last 8 trading days, gold has gained 3 percent. Qi in gold has risen in expected -3. Currently, with a decline of 0.1 per cent on MCX gold tips is trading around Rs 30,800. 0.3 per cent, while silver is trading around Rs 56 800 with osteoporosis. 
Intraday Commodity tips for Copper is seeing a decline in the fourth day. February, 13 percent below the record level of copper has slipped. Copper stronger euro against the dollar gained slightly. China government help signal to Europe's Copper salvaged. But the U.S. Federal Reserve continuing confusion over Copper under pressure. Mcx copper tips is currently trading at Rs 427, with a slight decline. 
Ben Bernanke was being said that the gold would fall if not prompted Qi 3. But here, too, there were none. Jackson Hole meeting on Friday after gold gained strongly. 
MCX gold once again gone beyond Rs 31,000. Currently, 31 330 with a gain of 0.4 per cent on MCX gold is trading at Rs. Gold was up 2 per cent in the international market. 
Silver also rose. MCX Silver saw a 2.5 per cent to Rs 58,000 and moved across expressions. Comaks silver closed at $ 31. The MCX silver tips with 1 per cent to Rs 59,000 is reached. The first trading day of the week in the international market is seeing a surge in gold and silver. Although crude oil seems sluggish environment.

23 July Evening commodity tips today || live gold silver and intraday MCX tips and today trading level

Today commodity market showing a mixed trend from morning, gold prices continuously rise on second day of week. At MCX for future trade it open at 27601 and touch an intraday high of 27668.  After morning high swing trend gold fell to continue its show and touch a low of 27540. Meanwhile MCX silver for future trade open in downside at 42061 and touch a low of 41865 with a high of 42222.  On evening MCX trade a mixed trend is expected with a gain in opening position. Silver prices might be fall more on intraday trade however, gold for future trade expected to be low with positive trend.

Base metal shows a positive low level on intraday trading, MCX copper for future delivery open with good level at domestic market at 421. At MCX copper look positive for today trading with a small depreciation around 419. Nickel prices also following a low positive trend with a soft correction in yesterday closing price, today it open at 838 and touch a high of 842 and low of 834.80. On evening trade nickel prices expected to trade with a mixed volatile trend at Multi commodity exchange. MCX lead, zinc and aluminum also trade in positive side on evening trade above its opening position with a mild correction.

MCX crude oil is trade in positive side, today at MCX it opens at 6380 and on evening session might be seen in green side above 6400. A good support is looking from Asian markets which help to rise up but lower domestic buying bound it in the range.

BUY GOLD AUGUST ABOVE 27590 tgt 27640, 27700, 27800 STOPLOSS

BUY CRUDE OIL AUGUST ABOVE 6375 TGT 6390, 6410, 6430   STOPLOSS 6340 
BUY NICKEL JULY ABOVE 838 TGT 840, 843, 847   STOPLOSS 831

BUY ALUMINIUM JULY ABOVE 108.30 TGT 108.60, 109, 109.50   STOPLOSS 107

Friday, 26 July 2013

Commodity Calls and Trends For 26 July

  • Copper prices on Globex platform of Comex was seen trading negative on weak international cues. Positive data releases from the United States and Europe have failed to lift the commodity prices on Thursday 
  •  GOLD (5 AUG.) TREND: CONSOLIDATE
    RES 1: 27700
    RES 2: 28100
    SUPP 1: 27000
    SUPP 2: 26750
    STRATEGY: SELL ON HIGHS
    SILVER (5 SEP.) TREND: CONSOLIDATE
    RES 1: 41900
    RES 2: 42450
    SUPP 1: 41000
    SUPP 2: 40600
    STRATEGY: SELL ON HIGHS
    CRUDEOIL (19 AUG.) TREND: CONSOLIDATE
    RES 1: 6300
    RES 2: 6340
    SUPP 1: 6200
    SUPP 2: 6150
    STRATEGY: SELL ON HIGHS





    COPPER (30 AUG.) TREND: CONSOLIDATE
    RES 1: 420.00
    RES 2: 423.50
    SUPP 1: 415.00
    SUPP 2: 413.00
    STRATEGY: SELL ON HIGHS

    LEAD (31 JULY) TREND: CONSOLIDATE
    RES 1: 122.40
    RES 2: 123.00
    SUPP 1: 121.50
    SUPP 2: 120.80
    STRATEGY: SELL ON HIGHS
  • US crude oil prices in the global market declined for a second day on Thursday and were seen extending their highest drop in more than a month as a result of higher than expected crude oil production recorded in the last week.
  • ZINC (31 JULY) TREND: CONSOLIDATE
  • RES 1: 109.60
    RES 2: 110.30
    SUPP 1: 108.40
    SUPP 2: 107.30
    STRATEGY: SELL ON HIGHS
    ALUMINIUM (31 JULY) TREND: CONSOLIDATE
    RES 1: 106.10
    RES 2: 106.90
    SUPP 1: 104.80
    SUPP 2: 104.00
    STRATEGY: SELL ON HIGHS
    NICKEL (28 JUNE) TREND: CONSOLIDATE
    RES 1: 848.00
    RES 2: 860.00
    SUPP 1: 828.00
    SUPP 2: 814.00
    STRATEGY: SELL ON HIGHS
    NATURAL GAS (26 JULY) TREND: CONSOLIDATE
    RES 1: 220.00
    RES 2: 223.00
    SUPP 1: 216.50
    SUPP 215.00
    STRATEGY: SELL ON HIGHS
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Thursday, 25 July 2013

Intraday Mcx tips free trial

 
MCX base metals on the London Metal Exchange is seeing strong. mcx tips for Copper trading at Rs 429.70 with a gain of 0.6 per cent is. Aluminum and lead gained in the 0.6-0.8 per cent. The nickel and zinc has gained more than 1 per cent. 
Copper on the London Metal Exchange touched a record level of 7679 dollars per tonne, which is a record level of 1 week. The copper on the London Metal Exchange was trading near $ 7667. Metals on the London Metal Exchange stocks fall sharply due to seeing. Despite China's poor PMI figures in August Metals is looking up. 
However, with a decline of 0.5 per cent to close at MCX gold is trading at Rs 31,200. While silver dropped 0.1 per cent to Rs 59,000 is down. At the Mcx crude oil tips slipped 0.5 per cent is trading below Rs 5350. 
Meanwhile on NCDEX dropped more than 2 per cent cotton has come to Rs 1,000. Slipped 2 per cent of wheat is trading below Rs 1,550. Potatoes declined by 2.5 percent and the price is Rs 1,075. Cotton missed December, January and February futures have declined 2.5 per cent. On the NCDEX Castor Seed Coriander and gained 1.5 percent. 
International commodity market is witnessing huge shopping environment. Comaks the gold is approaching $ 1,700. Crude oil also looks good lift. 
Comaks currently at 1695.25 dollars per ounce gold, with a gain of 0.6 per cent is trading at. With 2.6 per cent the Comaks silver tips is trading around $ 32.30. Copper updates on LME is seeing a slight edge. 
Meanwhile, the crude oil Naimaks with 0.8 per cent is trading at 97.20 dollars a barrel. Brent crude on the ICE with a gain of 0.25 per cent to $ 116 a barrel reached.

Today Gold support and Resistance || intraday MCX tips, Crude oil trend for today and Lead level for 25 July

Oil prices fall on Asian trade , china slow economic down and strong US Dollar pressure result dropdown on Thursday Singapore trade. On early morning New York main contract WTI (West Texas intermediate) for September delivery fall by 57 cent at $104.82 a barrel.  On domestic commodity market crude oil open in negative side with a small loss against its previous close of 6267. On Thursday morning Crude oil for future delivery open at 6261 at MCX.
MCX Bullion is bearish after open in positive side. Today at MCX gold prices open at 27255 bit high from its last close at 27240. On morning trade gold and silver are expected to trade in down side. Today MCX silver open at 41452 on intraday trade for future delivery its previous close is Rs 41346.
Gold support and resistance
S1: 26950, S2:26850
R1: 27450, R2: 27565
MCX copper and nickel continue its worst session on Thursday morning too, today copper prices open at 419 down by 0.65 point for future delivery. Similarly nickel open in deep side at 843 its last close is 846.10.
Lead support and Resistance
S1: 120, S2: 119.50
R1: 122.50, R2: 123
Intraday MCX tips
SELL GOLD AUGUST BELOW 27180 TGT 27130, 27080, 27000 STOPLOSS 27350

SELL SILVER SEPTEMBER BELOW 41250 TGT 41170, 41100, 41000   STOPLOSS 41450

SELL MENTHA OIL JULY BELOW 893 TGT 891, 888, 885 STOPLSS 899

Wednesday, 24 July 2013

GOLD SILVER DAILY REVIEW FOR TODAY 24-JULY

Gold
Spot gold price s increased around 0.9 percent yesterday on the back of weakness in the DX. Further, upbeat global market sentiments supported an upside in prices.

However, sharp upside in gold prices was capped on account of decline in SPDR gold holdings to 929.76 tonnes which is at lowest level since February 2009. The yellow metal touched an intra-day high of $1347.69/oz and closed at $1347.50/oz in yesterday’s trading session.

In the Indian markets, prices gained around 0.1 percent and closed at Rs.27,574/10 gms after touching an intra-day high of Rs.27,668/10 gms on Tuesday.






Silver
Silver prices declined around 0.3 percent in yesterday’s trading session. However, sharp downside in the prices was cushioned on the back of rise in gold prices, upside in base metals complex along with weakness in the DX. The white metal touched an intra-day low of $20.09/oz and closed at $20.50 in yesterday’s trade.
 
On the domestic front, prices fell around 0.9 percent and closed at Rs.41,854/kg after touching an intra-day low of Rs.40,449 on Tuesday.

Outlook




Precious metal prices are expected to trade on a lower note in today’s trade, taking cues from strength in the DX. Further, weak global markets sentiments will exert downside in the prices. Additionally, decline in SPDR holdings will act as a negative factor for prices. Depreciation in the Rupee will prevent sharp downside movement in prices on the MCX. 

Evening commodity trading Level || Today gold silver latest updates and commodity MCX tips for 24 July

Movement in market is not too today, low trades are seen from morning at Multi commodity exchange. If we talk about bullion a mixed trend are seen but movement is weak and low on morning session. Currently all commodity are seen in bearish node and expected to trade in down side, if we talk about yellow metal for future delivery it open at 27600 and touch an intraday high of 27716 with a low of 27565.Long term  Investor are advice to buy gold in deep and for short term trader book profit on this rally. Gold prices expected to fall more in coming day at domestic MCX.

MCX silver prices are bearish on intraday trading for future delivery, on evening trade a high mixed trade is expected. Today it open at 41854 and touch a high of 420089 at MCX.

 Today energies support a negative trend with low movement, crude oil for future delivery break a level and touch a low of 6363. More depreciation are expecting in evening trade near 6350.similar natural gas on intraday trading fell to continue its yesterday positive trend and touch a low of 220.20. On evening trade natural gas is experienced to trade in the range of   219 to 223 at Multi commodity exchange.


MCX calls

SELL CRUDE OIL AUGUST BELOW 6360 TGT 6350, 6340, 6330 STOPLOSS 6390

BUY SILVER SEPTEMBER ABOVE 41750 TGT 41800, 41900, 42100   STOPLOSS 41500

BUY GOLD AUGUST ABOVE 27560 TGT 27620, 27700, 27770   STOPLOSS 27450

SELL LEAD JULY BELOW 121.60 TGT 121.10, 120.50, 120 STOPLOSS 122.30

SELL NICKEL JULY BELOW 835.50 TGT 834, 831, 827   STOPLOSS 842

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