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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Tuesday, 23 July 2013

Stock Tips For Tomorrow 23 JULY

The Index close flat on Monday after a whole day volatile session Sensex close up 0.05% while Nifty close up 0.04%, It was another flat closing for the market Monday amid disappointing performance from large cap companies. stocks such as HDFC on value buying, but Larsen & Toubro Ltd. slumped after posting earnings slumped 12.5 percent in the June quarter from a year earlier. HDFC rose 3.40% while ICICI Bank gains 1.58%.


STOCK FUTURE TIPS 

BUY UNITED SPIRITS FUTURES ABOVE 2703 TG-2730/2765 SL-2680
BUY IDEA FUTURES ABOVE 152 TG-153/155 SL-151.3

The Indian equity marketfalls 0.07 %.Larsen & Toubro Ltd,India’s biggest engineering and construction group, shares fall 7 percent after the company said earnings slumped 12.5 percent in the June quarter from a year earlier, RELI.NS falls 1.9 percent even after reporting market-beating earnings late on Friday.

22/07/13 Evening intraday free commodity tips || Today MCX tips and free trial offer || Live chart

After morning initial gain market is trading steadily, today at MCX bullion gain a high point for future delivery. On evening trade more increment are looking in domestic commodity market. Crude oil also trade in positive side with low movement and expected to trade near 6500 on evening session. Base metal looks to jump in evening session, a good trade are seen on aluminum for future delivery at MCX, today MCX aluminum for future delivery touch an intraday high of 107.80 after opens at 106.55. MCX copper and nickel also gain some mild correction for future delivery.

BUY CRUDE OIL AUGUST ABOVE 6465 TGT 6475, 6480, 6500   STOPLOSS 6415

BUY ALUMINUM JULY ABOVE 107.50 TGT 107.80, 108.30, 109   STOPLOSS 106.30

BUY ZINC JULY ABOVE 110.30 TGT 110.50, 111, 111.40   STOPLOSS 109
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Monday, 22 July 2013

Today Metal commodity tips || 22 July MCX gold silver tips and live trading tips

Base metal are look in good side for short time in this weak, on opening of weak positive trend are seen on early hour of Monday trade. Today on intraday trading MCX copper open at 415.50 with a good support of 411.50 at MCX for future delivery. Nickel price also rise on intraday fresh start, in previous week a low trend is seen in nickel below 840 but on opening day nickel move upside with a good gain.   Lead prices also watched in green side but movement is not so high a soft correction is seen on morning trade.

Energies commodity trade in bearish side today, natural gas and mentha oil open in negative side. MCX natural gas open for future delivery open at 224.30 and touched a low of 221.60 on intraday trading.

However, same trend are seen on Mentha oil for future delivery today it open bit high against its last close at 910.50, its previous close is 910.30. If we talk about whole day mentha oil seem to be volatile with a bearish side mostly.

MCX CALL

BUY COPPER AUGUST ABOVE 417 TGT 417.50, 418, 420 STOPLOSS 415

BUY NICKEL JULY ABOVE 845 TGT 848, 850, 853 STOPLOSS 840

BUY LEAD JULY ABOVE 121.20 TGT 121.50, 122, 123 STOPLOSS 120

BUY CRUDE OIL AUGUST ABOVE 6445 TGT 6460, 6470, 6490 STOPLOSS 6410

BUY SILVER SEPTEMBER ABOVE 41150 TGT 41220, 41300, 41500 STOPLOSS 40800

BUY GOLD AUGUST ABOVE 27100 TGT  27150, 27200, 27300  STOPLOSS 27050

GOLD AND SILVER DAILY REVIEW FOR TODAY 22-JULY

Gold
During the week, gold prices rose around 1 percent on account of upbeat global markets. Further, ease in concerns from Fed regarding cut in its bond buying program supported an upside in prices. Additionally, weakness in the US Dollar Index (DX) acted as a positive factor. However, sharp upside in prices was capped as a result of decline in SPDR gold holdings by 0.7 percent which stood at 932.46 tonnes lowest level since February 2009.

 

In the Indian markets, prices gained around 0.4 percent but appreciation in the Rupee restricted sharp positive movement in yellow metal prices.

Gold holdings in the SPDR Gold Trust fell further by 0.7 percent in the last week to 932.46 tonnes from previous 969.5 tonnes on 25th June’13. The holdings have fallen to the lowest level since February 2009.

Silver

Taking cues from fall in base metals prices, Spot silver prices fell around 2 percent in prior week. Further, weak economic data from China and expectations of slow growth exerted downside pressure on prices. However, sharp fall in prices was prevented as a result of rise in gold prices along with weakness in the DX.
Appreciation in the Indian Rupee added more downside pressure on prices and commodity slipped around 2.4 percent on the MCX.

Holdings in the iShares Silver Trust rose around 1 percent to 10,284.02 tonnes for the week ending on 19th July 2013 as compared to 10,185 tonnes as on 12th July 2013.

Outlook
Precious metal prices are expected to trade on a higher note in today’s trade, taking cues from weakness in the DX. Further, upbeat global markets sentiments will support an upside in the prices. However, decline in SPDR holdings will cap sharp gains in prices. In the Indian markets, appreciation in the Rupee will prevent upside movement in prices on the MCX.

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Saturday, 20 July 2013

16 July Tuesday evening commodity market news, gold silver price, free trading tips

In the evening trading time the two most precious metals gold and silver are looking bullish for the delivery of the future. The gold gain 111 points to Rs. 26549.00 and the silver gain 225 points to Rs. 41175.00 

The energy products crude oil and natural ags are going up while the mentha oil is strongly going down. The base metals are showing both the trends up and down. The commodities may used to change their positions frequently. 

Buy silver tg 41174/41194/41204 sl 41077 

Sell cotton tg 19235/19220/19205 sl 19310 

Buy crude oil tg 6336/6342/6350 sl 6293 

Sell mentha oil tg 902/897/832 sl 927 

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Friday, 19 July 2013

19 July MCX tips: Today commodity metal updates , Intraday MCX trading tips and active commodity calls

After morning high bullish trend sliver price slip in domestic market, silver future rose by +250 point and touches a high of 40740 at MCX for September delivery.  MCX silver is on high volatile trend on intraday trade.  In the international market silver prices climbs up 0.60 percent to $19.52 an ounce in Singapore. Today silver prices are volatile on intraday trading and movement is bearish on afternoon trade.

MCX metals are turn to negative after morning low positive trade, nickel prices are trading in bearish side today. On Friday morning MCX nickel open at 834.60 and touch a high of 835.80. Lead price fell to continue its positive movement after a morning intraday high of 122.40.  Copper prices also drop on intraday trading at Multi commodity exchange and hit a low of 413.20 more decrement is expected in today trade with a low volatile movement.

INTRADAY CALLS

Buy gold August above 26750 tgt 26800, 26850, 26900  stoposs 26600

Sell silver September below 40450 tgt 40305, 40200, 40100   stoploss  40750

Sell crude oil august below 6450 tgt 6430, 6420, 6400  stoploss 6500

buy mentha oil above 910  tgt 913,  917, 925  stoploss  897

Thursday, 18 July 2013

Today MCX Commodity trend | MCX Live intraday trading tips and gold silver chart

In this week movement in commodity market is very low on morning session.  Similar trend is also followed on Wednesday; today bullion is open on opposite site at Multi commodity exchange. MCX gold for future trade opens in down side at 26400 and touches an intraday high of 26618.

 “The trend is unclear so gold is just following the dollar said by Peter fung , head of fung precious metal at Hong Kong .

If we talk about silver a mixed trend are seen on silver, on Wednesday morning it open at 41150 for future delivery and touch an intraday high of 41171 and low of 40905.  On evening trade precious metal are advised to trade safe, movement is not very clear and volatile at MCX.  Some negative fall is looking to seen on white metal below 41000.

On evening trade base metal is suppose in bullish side with low trend, today lead for future delivery gained 0.74 percent on domestic demand.  On intraday trade at MCX lead prices touch an intraday high of 122.90. On evening trade a positive smell are comes from metal especially from lead, copper and nickel.

MCX TIPS

BUY LEAD JULY ABOVE 121.80 TGT 122.30/ 122.70/ 123. 50    STOPLOSS 121

SELL SILVER SEPTEMBER BELOW 41000 TGT 40900/40800/ 40700    STOPLOSS 41350

BUY COPPER AUGUST ABOVE 415.50 TGT 416/ 418/ 420    STOPLOSS 413

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Most Accurate Commodity Trends For 18 July

Gold traders in India moved to the sidelines as prices consolidated in the vicinity of their highest level in three weeks.

Gold imports into India, the world’s biggest buyer of the metal, fell about 81 percent in June from the previous month after the government raised import duty and stopped consignment imports.

Silver prices on MCX were trading lower on Wednesday. At 15:07 hrs MCX Silver September contract was trading at Rs 40961 down Rs 59, or 0.14 percent.

GOLD (5 AUG.) TREND: CONSOLIDATE
RES 1: 26510
RES 2: 26800
SUPP 1: 26240
SUPP 2: 26050
STRATEGY: SELL ON HIGHS

SILVER (5 SEP.) TREND: CONSOLIDATE
RES 1: 41500
RES 2: 42000
SUPP 1: 39900
SUPP 2: 39500
STRATEGY: SELL ON HIGHS

CRUDEOIL (19 JULY) TREND: CONSOLIDATE
RES 1: 6340
RES 2: 6390
SUPP 1: 6225
SUPP 2: 6160
STRATEGY: SELL ON HIGHS





COPPER (30 AUG.) TREND: CONSOLIDATE
RES 1: 414.50
RES 2: 416.90
SUPP 1: 408.50
SUPP 2: 405.00
STRATEGY: SELL ON HIGHS

LEAD (31 JULY) TREND: BEARISH
RES 1: 121.30
RES 2: 122.30
SUPP 1: 119.90
SUPP 2: 119.00
STRATEGY: SELL ON HIGHS

ZINC (31 JULY) TREND: BEARISH
RES 1: 110.00
RES 2: 110.60
SUPP 1: 108.10
SUPP 2: 107.30
STRATEGY: SELL ON HIGHS

ALUMINIUM (31 JULY) TREND: CONSOLIDATE
RES 1: 106.50
RES 2: 107.30
SUPP 1: 104.50
SUPP 2: 103.60
STRATEGY: SELL ON HIGHS

NICKEL (28 JUNE) TREND: CONSOLIDATE
RES 1: 834.00
RES 2: 845.00
SUPP 1: 795.00
SUPP 2: 790.00
STRATEGY: SELL ON HIGHS

NATURAL GAS (26 JULY) TREND: CONSOLIDATE
RES 1: 217.P
RES 2: 219.40
SUPP 1: 214.40
SUPP 2: 212.50
STRATEGY: SELL ON HIGHS

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Wednesday, 17 July 2013

GOLD SILVER DAILY REVIEW FOR TODAY 17-JULY

Gold
Spot gold prices increased around 0.8 percent in the yesterday’s trade on the back of weakness in the DX. However, sharp upside in prices was capped on account of weak global markets coupled with decline in SPDR gold holdings to 937.57 tonnes. The yellow metal touched an intra-day high of $1295.34/oz and closed at $1292/oz in yesterday’s trading session.

 

In the Indian markets, prices ended on a positive note, increasing around 0.1 percent. The commodity closed at Rs.26469/10 gms after touching a high of Rs.26620/10 gms on Tuesday. However, appreciation in the Indian Rupee capped sharp gains in prices on the MCX.

Silver
Taking cues from rise in gold prices along with upside in base metals complex, Spot silver prices gained around 0.5 percent in yesterday’s trade. Further, weakness in the DX acted as a positive factor for the prices. The white metal touched an intra-day high of $20.05/oz and closed at $20/oz in yesterday’s trade.





On the domestic front, prices rose around 0.2 percent and closed at Rs.41,020/kg after touching a high of Rs.41,289/kg on Tuesday. However, appreciation in the Indian Rupee restricted sharp positive movement in prices on the MCX.

Outlook
Precious metal prices are expected to trade on a higher note in today’s trade, taking cues from sharp rally in prices in yesterday’s trade. However, sharp upside in prices will be capped on account of stronger DX along with weak global markets. Additionally, decline in SPDR holdings will prevent upside in prices. In the Indian markets, appreciation in the Rupee will add downside pressure in prices on the MCX.

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Today MCX Commodity trend | MCX Live intraday trading tips and gold silver chart

In this week movement in commodity market is very low on morning session.  Similar trend is also followed on Wednesday; today bullion is open on opposite site at Multi commodity exchange. MCX gold for future trade opens in down side at 26400 and touches an intraday high of 26618.

 “The trend is unclear so gold is just following the dollar said by Peter fung , head of fung precious metal at Hong Kong .

If we talk about silver a mixed trend are seen on silver, on Wednesday morning it open at 41150 for future delivery and touch an intraday high of 41171 and low of 40905.  On evening trade precious metal are advised to trade safe, movement is not very clear and volatile at MCX.  Some negative fall is looking to seen on white metal below 41000.

On evening trade base metal is suppose in bullish side with low trend, today lead for future delivery gained 0.74 percent on domestic demand.  On intraday trade at MCX lead prices touch an intraday high of 122.90. On evening trade a positive smell are comes from metal especially from lead, copper and nickel.

MCX TIPS

BUY LEAD JULY ABOVE 121.80 TGT 122.30/ 122.70/ 123. 50    STOPLOSS 121

SELL SILVER SEPTEMBER BELOW 41000 TGT 40900/40800/ 40700    STOPLOSS 41350

BUY COPPER AUGUST ABOVE 415.50 TGT 416/ 418/ 420    STOPLOSS 413

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In this week movement in commodity market is very low on morning session.  Similar trend is also followed on Wednesday; today bullion is open on opposite site at Multi commodity exchange. MCX gold for future trade opens in down side at 26400 and touches an intraday high of 26618.
 “The trend is unclear so gold is just following the dollar said by Peter fung , head of fung precious metal at Hong Kong .
If we talk about silver a mixed trend are seen on silver, on Wednesday morning it open at 41150 for future delivery and touch an intraday high of 41171 and low of 40905.  On evening trade precious metal are advised to trade safe, movement is not very clear and volatile at MCX.  Some negative fall is looking to seen on white metal below 41000. 
On evening trade base metal is suppose in bullish side with low trend, today lead for future delivery gained 0.74 percent on domestic demand.  On intraday trade at MCX lead prices touch an intraday high of 122.90. On evening trade a positive smell are comes from metal especially from lead, copper and nickel.
MCX TIPS
BUY LEAD JULY ABOVE 121.80 TGT 122.30/ 122.70/ 123. 50    STOPLOSS 121
SELL SILVER SEPTEMBER BELOW 41000 TGT 40900/40800/ 40700    STOPLOSS 41350
BUY COPPER AUGUST ABOVE 415.50 TGT 416/ 418/ 420    STOPLOSS 413
GET MORE MCX TIPS HERE 
- See more at: http://mcxtipscalls.blogspot.in/2013/07/today-mcx-commodity-trend-mcx-live.html#sthash.Jxb9k0hk.dpuf
In this week movement in commodity market is very low on morning session.  Similar trend is also followed on Wednesday; today bullion is open on opposite site at Multi commodity exchange. MCX gold for future trade opens in down side at 26400 and touches an intraday high of 26618.
 “The trend is unclear so gold is just following the dollar said by Peter fung , head of fung precious metal at Hong Kong .
If we talk about silver a mixed trend are seen on silver, on Wednesday morning it open at 41150 for future delivery and touch an intraday high of 41171 and low of 40905.  On evening trade precious metal are advised to trade safe, movement is not very clear and volatile at MCX.  Some negative fall is looking to seen on white metal below 41000. 
On evening trade base metal is suppose in bullish side with low trend, today lead for future delivery gained 0.74 percent on domestic demand.  On intraday trade at MCX lead prices touch an intraday high of 122.90. On evening trade a positive smell are comes from metal especially from lead, copper and nickel.
MCX TIPS
BUY LEAD JULY ABOVE 121.80 TGT 122.30/ 122.70/ 123. 50    STOPLOSS 121
SELL SILVER SEPTEMBER BELOW 41000 TGT 40900/40800/ 40700    STOPLOSS 41350
BUY COPPER AUGUST ABOVE 415.50 TGT 416/ 418/ 420    STOPLOSS 413
GET MORE MCX TIPS HERE 
- See more at: http://mcxtipscalls.blogspot.in/2013/07/today-mcx-commodity-trend-mcx-live.html#sthash.Jxb9k0hk.dpuf

Thursday, 4 July 2013

MCX Market Trends For 05 July

Is there more weakness in store for gold? Probably yes.Lower gold prices have failed to attract buyers, which may lead to further downfall in the yellow metal. Gold has fallen as much as $140 an ounce in recent trades, due to worries over the potential winding down of the U.S.

GOLD (5 AUG.) TREND: CONSOLIDATE
RES 1: 26300
RES 2: 26500
SUPP 1: 25800
SUPP 2: 25570
STRATEGY: BUY ON DIPS

SILVER (5 SEP.) TREND: CONSOLIDATE
RES 1: 41400
RES 2: 41800
SUPP 1: 40700
SUPP 2: 40300
STRATEGY: BUY ON DIPS


Copper prices in both domestic and global market are witnessing negative trend due to concerns over global economic recovery. Copper is expected to trade less volatile as US markets are closed for the day on account of Independence Day. China being the largest consumer, has indicated sings of slowdown in industrial production. In addition, copper inventories are well over 600,000 tons, which is high on a historic basis.

COPPER (30 AUG.) TREND: CONSOLIDATE
RES 1: 422.00
RES 2: 426.20
SUPP 1: 418.00
SUPP 2: 415.00
STRATEGY: BUY ON DIPS

LEAD (31 JULY) TREND: CONSOLIDATE
RES 1: 125.00
RES 2: 126.50
SUPP 1: 122.70
SUPP 2: 121.50
STRATEGY: BUY ON DIPS

ZINC (31 JULY) TREND: CONSOLIDATE
RES 1: 112.30
RES 2: 113.50
SUPP 1: 110.50
SUPP 2: 109.20
STRATEGY: BUY ON DIPS

ALUMINIUM (31 JULY) TREND: CONSOLIDATE
RES 1: 108.30
RES 2: 109.40
SUPP 1: 106.90
SUPP 2: 105.50
STRATEGY: BUY ON DIPS

NICKEL (28 JUNE) TREND: CONSOLIDATE
RES 1: 835.00
RES 2: 855.00
SUPP 1: 825.00
SUPP 2: 815.00
STRATEGY: BUY ON DIPS

Oil prices fell on Thursday after the military coup in Egypt. The prices had surged by 3%-5% over the previous two days. The price of US crude had hit a 14-month high
on Wednesday on concerns over political turmoil in Egypt.

CRUDEOIL (19 JULY) TREND: CONSOLIDATE
RES 1: 6120
RES 2: 6175
SUPP 1: 6000
SUPP 2: 5950
STRATEGY: BUY ON DIPS

NATURAL GAS (26 JULY) TREND: CONSOLIDATE
RES 1: 222.80
RES 2: 226.00
SUPP 1: 218.70
SUPP 2: 216.20
STRATEGY: SELL ON HIGHS

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4 July Evening MCX tips || evening intraday trading tips|| Live gold silver price & tips for today

Bullion market is bearish on day trading at MCX, in today trade gold and silver fall with a sharp edge on early trade. On intraday trading gold prices touch a high of 26269 with a low of 26141. In today remaining session gold for future delivery expected to trade in bearish side with some correction in evening session.  If we move towards white metal a low bearish trend is watched on morning and noon session with a decrement of more than -400 point against its yesterday close.  More depreciation is expected due to low physical buying that were reduces due to off season. On intraday trading for July delivery it touch a high of 40700 and low of 40515.

Natural gas trying to recover on electronic buying after a morning low trading, MCX natural gas are trading with a support of 215 with a resistance of 227. Some corrections are also experience on base metal in evening trading session.

Nickel support and resistance

S1: 821, S2: 817
R1: 847, R2: 852

Lead support and Resistance

S1: 122.50, S2: 121
R1:  127.80, R: 128.30

MCX tips

SELL CRUDE OIL JULY BELOW 6080 TGT 6070, 6050, 6030   STOPLOSS 6135
SELL GOLD AUGUST BELOW 26200 TGT 26150, 26050, 25900 STOPLOSS 26520
SELL SILVER JULY BELOW 40600 TGT 40500, 40400, 40200 STOPLOSS 41000

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Wednesday, 3 July 2013

Mcx Commodity Intraday Tips

Gold edged higher on Wednesday after a near 1 percent fall in the previous session, as two Federal Reserve officials said the U.S. central bank was likely to continue supporting the economy through asset purchases for some time.

  •     Crude oil rallied above $100 a barrel
  •     Gold declined for the first time in three sessions
  •     Silver futures for September delivery fell 1.4 percent
  •     Zinc rally almost 1% on Tuesday

Crude oil rallied above $100 a barrel for the first time since September and gasoline futures rose on concern political turmoil in Egypt will threaten supplies from the region. Gold declined for the first time in three sessions as improving U.S. economic data strengthened the case for the Federal Reserve to slow the pace of stimulus and as a rising dollar cut the appeal of alternative investments.

GOLD (AUG)
Trend       • Consolidate
Strategy      • Sell on high
Resistance  • R2 - 26580 ;  R1 - 26250
support       • S1 – 25750 ; S2 – 25280

SILVER (JUL)
Trend          • Consolidate
Strategy      • Sell on highTrend     
Resistance  • R2 - 42550; R1 - 41270           
support       • S1 - 39850; S2 – 38500


CH STOCK CASH PLUS CALLS 03-07-2013

SELL UNITED BREWERIES (LCP 867.9) BELOW 863 TG-856-846
SELL MRF (LCP-12804.7) BELOW 12760 TG-12710-12640
SELL WHEELS (LCP-803.65) BELOW 800 TG-794-784
SELL ORRISA MINERAL (LCP-2369.5) BELOW 2350 TG-2320-2280

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Monday, 1 July 2013

Mcx Tips, Daily Intraday calls

  • Gold plunged to a 34-month low
  • Gold futures recovered on Friday trading above 1230$
  • Copper may advance in London
  • Crude oil rose for a fifth day, its longest increase since April
  • Natural gas slide to new multi week low
Crude oil rose for a fifth day, its longest increase since April, on that signs of economic recovery in the U.S. and Germany will support fuel consumption. WTI futures climbed as much 0.8 percent. Copper may advance in London after a report of increased retail sales in Germany, bolstering prospects for metals demand. Aluminum rose. Copper futures for September delivery fell 0.1 percent to $3.056 a pound on the Comex in New York. Aluminum gained 0.3 percent while nickel fell 0.3 percent. Copper stockpiles in warehouses monitored by the LME fell 0.3 percent, the fourth consecutive decline.
 
GOLD (AUG)
  • Trend       • Consolidate
    Strategy   • Sell on high
  • Resistance  • R2 – 26380 ;  R1 – 25950
    support       • S1 – 25150 ; S2 – 24680
SILVER (JUL)
  • Trend          • Consolidate
  • Strategy      •Sell on high
  • Resistance  • R2 – 41750; R1 – 40870
    support       • S1 – 39250; S2 – 38100
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GOLD SILVER CRUDE AND NATURAL GAS DAILY REVIEW FOR TODAY 1-JULY

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Gold
Spot gold prices fell around 5 percent in the last week and fell to 34-month low on account of decline in the SPDR gold holdings which has fallen 28 percent this year and is at the lowest level since February 2009. Further, strength in the DX along with uncertainty regarding Fed to pullback its stimulus spending exerted downside pressure on prices. The yellow metal touched a weekly low of $1180.71/oz and closed at $1233.14/oz in last trading session of the week.

In the Indian markets, prices ended on a negative note, declining 5 percent. Further, jewelers association decided to stop sales of bars and coins and support government in reducing CAD also acted as a negative factor. The commodity closed at Rs.25598/10 gms on Friday after touching a low of Rs. 24830/10 gms in the last week.

Gold holdings in the SPDR Gold Trust fell further to 969.5 tonnes on 28th June'13, falling to the lowest level since February 2009. Over the year, SPDR Gold Trust holdings have declined 29 percent, with further pullback in holdings expected as investors shun the yellow metal.


Silver

Taking cues from fall in gold prices along with mixed performance in the base metals complex, Spot silver prices fell around 2.3 percent in the last week. Additionally, strength in the DX exerted downside pressure on the prices. The white metal touched a weekly low of $18.19/oz and closed at $19.61/oz in last trade of the week.

On the domestic front, prices fell 2.5 percent and closed at Rs.40,461/kg on Friday after touching a weekly low of Rs.38,536/kg.

Holdings in the iShares Silver Trust fell 0.8 percent last week to 9906 tonnes. However, on Monday the fund witnessed a sharp decline of 2 percent in holdings that slipped to 9882 tonnes and then recovered over the week. Month-to-date, iShares Silver Trust Holdings fell around 1 percent and year-to-date are down about 2 percent




Outlook
Precious metals prices in today's trade are expected to trade higher taking cues from bounce back in Friday's trade and is expected to continue today also on account of supportive buying seen at lower levels. However, decline in SPDR holdings will cap sharp gains in the prices. In the Indian markets, depreciation in the Rupee will support an upside in prices on the MCX.

Crude Oil

Nymex crude oil prices increased around 3.1 percent in the last week; taking cues from favorable economic data from US and Euro Zone which increased the expectations of rise in demand for the fuel.

Further, statement from Fed official's that stimulus spending will not be stopped until central banks forecast for inflation and job markets are met supported an upside in prices in first half of the week. However, reemergence of concerns regarding cut in the bond buying program capped gains in prices. Crude oil prices touched a weekly high of $97.82/bbl and closed at $96.56/bbl in last trading session of the week.

On the domestic bourses, prices gained 3.4 percent as a result of depreciation in the Indian Rupee and closed at Rs.5,806/bbl on Friday after touching a high of Rs.5,867/bbl in the last week.



Natural Gas

On a weekly basis, Nymex natural gas prices declined around 6.3 percent on the back of more than expected rise in US natural gas inventories. Further, stronger DX exerted downside pressure on the prices.

However, sharp downside in prices was cushioned on account of forecast for warm weather conditions which will lead to increase in demand for air conditioners. Gas prices touched a weekly low of $3.526/mmbtu and closed at $3.566/mmbtu in last trade of the week.

In the Indian markets, prices fell around 5.2 percent and closed at Rs.215.30/mmbtu on Friday after touching a low of Rs.211.60/mmbtu in the last week.



Outlook

From the intra-day perspective, we expect crude oil prices to trade lower on the back of decline in China's manufacturing data coupled with weak global markets. Further, expectations of rise in Euro Zone unemployment rate will exert downside pressure on prices. 

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