11:54 PM
mcx tips today
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………..sl
43600
Buy crude oil June above 5230 tgt 5240, 5250………………sl 5210
Buy nickel above 823 tgt
825, 827, 830………….sl 816
