Monday, May 27, 2013

Today MCX Gold & silver are bearish| crude oil in green side | commodity updates and tips for 28/05/13

Gold for future fell by more than 0.32% per 10 gram on domestic market, currently gold comes in strong downtrend and accepted to trade towards bearish side in today trade. In overseas market gold drop by 0.50% to $1387.18 per ounce in Singapore .  At MCX gold for June delivery light ups in downside on Tuesday morning,   it open at 26426 and touch an intraday low of 26302.  Gold prices are looking to move up due to strengthen in Dollar prices.

Similarly silver support a strong down trend on first hour of trading. Today it open at 43550 and felling down from its opening position for July delivery and touched a low of 43271.
After a week crude oil comes to green side, in global market Brent crude up by 6 cent at $102.68 per barrel meanwhile US crude slipped by 36 cent to $93.79. At MCX crude oil for June delivery prompted high on early morning with little pace. On Tuesday it open at 5226 and touched an intraday high of 5240 with a low of 5223.

In base metal nickel and copper are trying to recover from its yesterday worst performance, at Multi commodity exchange today copper for June delivery open at 406.95 bit low against its last close at 407.30. In today trade copper looks much volatile with a small correction in domestic MCX market.  MCX nickel sound positive trend in today trade for future delivery, today it open at   818.80 with an intraday high of 824.10 and low of 817.90 at 12:14 pm. While Zinc and aluminum are also rising up with low bullet at MCX, it seems to make small correction in today trade with strong support which comes from global market.

Today MCX calls

Sell silver July below 43400 tgt 43350, 43300, 43200……… 43600

Buy crude oil June above 5230 tgt 5240, 5250………………sl 5210

Buy nickel above 823 tgt  825, 827, 830………….sl 816


falguni gyarsia said...

Mcx and Ncdex latest update, today Gold Silver price, commodities trading call Free trading tips and get free trial also Stock Future tips

Unknown said...

Get expert investing advice and news. Follow the stock market, get Free Commodity Tips, and learn the best investment strategies for your money. Get Commodity Tips and suggestions For Today here- MCX Commodity Tips

rishi gupta said...

Get Tomorrow Wednesday 29/05/2013 Indian Share Market Nifty SENSEX Equity Intraday Trading Tips, Today Market Closing updates, Gainers/Losers Just Click on Tomorrow Equity Tips and Free Stock Market Tips

Unknown said...

Last 3 days continuous Indian domestic share market closed at strong position. Today in stock market Sensex closed at 20167.54 with +136.77 pts., and Nifty closed at 6111.25 with +28.10 pts. more read visit here

Nifty trading tips

share market intraday tips

Post a Comment

Note: Only a member of this blog may post a comment.

Twitter Delicious Facebook Digg Stumbleupon Favorites More

Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Best Hostgator Coupon Code