Wednesday, May 22, 2013


Today Commodity Market looks Volatile trend, especially the precious commodity Silver & Gold is also seen in heavy pressure. MCX gold for June delivery open at 26174 (64 Rs) above against the previous close. At currently MCX Gold is trading at Rs 26107(-3) With in Red Sign.  
 Support: 25956.7, 25916.6.  
 Resistance : 26263.7, 26304.   

MCX Silver Are Green side with in positive moment, Silver for July contract opens at 43202 its last close is Rs 43170. Today it has touched the levels of 43300. But currently it is trading near to 43270 in July contract. You can buy MCX Silver Current market prices Targets 43400, 43500.  
Support: 42771, 42521.  
Resistance: 43821, 44000.  

MCX Base metals: - MCX base metals looked quickly around 0.21 per cent. Copper is trading near to half percent higher at Rs 414 Aluminum, Nickel and Lead gained 0.4 percent, while zinc is up 0.5 percent.  

@ Buy MCX Copper above 414 TGT 415, 416 Stop Loss 412.  

Trend- Consolidate.  
Strategy- Sell on High.  
Resistance- R1-767,R2-767.  
Support- 745/730.  

Jeera NCDEX:-  
Support- 13080/12815
Resistance- 13745/13480.


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