Indian Crude oil fell 1% today

MCX Decline in crude oil. MCX crude oil has slipped 1 per cent. Crude oil was touched today Levels of 5200. The Nymax crude oil has come close to 93 dollar. However Crude Currently trading at Rs 5210 & down 48 Rs due to previous close.

It is estimated decrease in demand from China. The estimated reductions in the U.S. stimulus package are increasing pressure on the crude oil.  

Day trader can buy MCX Crude near to 5210 with in June contract targets 5225, 5240 Stop Loss 5180.

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NCDEX UPDATES INDIA: MCX TRADING CALLS TODAY

In the Domestic market NCDEX turmeric has fallen more than 3 percent & prices to go back 6891 with osteoporoses. Agri Coriander also declined by 2 percent. Potatoes has fall near to one percent and it is trading at Rs 1,053. Beside in Soybean nearly one percent has gone up.


Trading Calls 
 @ At currently Agri traders can buy Soya bean near to 3810 targets 3820, 3831 Stop Loss 3790.

@ NCDEX Cumin May futures Sell - 13150, stop loss - 13350 and the target 12950.

@ NCDEX chana May futures Sell - 3660, stop loss - 3690 and target – 3600.  

MCX CALLS 
~ Sell MCX Silver may below 43900 targets 43700 Stop Loss 44,100.

~ Sell Gold June below 25580 Targets 25533 and stop loss 25627.

~ BUY...COPPER...390.75...SL...389.40...TG....392....394

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