Monday 5 November 2012

Gold Updates


Gold futures edged higher to recover a fraction of recently-lost ground on Monday, with a weaker dollar providing some support. Gold futures for December delivery is trading up $5.10 to $1,680.40 an ounce in electronic trading on the Comex division of the New York Mercantile Exchange. The counter traded in the range of $1684.7-1672.5 per ounce in today's electronic trading session. The Silver December contract is quoting at $30.915, up 0.058, after moving in the range of $31.190-30.655 an ounce.

The USD gained its strength further with Euro dropped below the 1.28 mark level, the currency quoting at $1.2788, down 0.37% against the greenback from last day close. Local currency was sharply weaker Monday with the currency quotes at Rs 54.63 per USD, up 1.54%. Besides firm global cues, weak local currency added further advance in the local gold prices. http://www.stocktipsexpert.com/
 most active December delivery spurted by nearly Rs 300 or 0.995 to Rs 30840 per 10 grams. The counter is likely to face stiff resistance at Rs 30850-30950 and supports at Rs 30700-30600 per 10 grams. The MCX Silver benchmark December gained by Rs 670 to the session high Rs 58,269 level and next resistance is at Rs 58,300-58,450 and supports at Rs 58,000-57,800 level.
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Wednesday 1 August 2012

Copper Updates

BUY COPPER AUG @ 418-418.50 SL 416 TGT 420-422-424.MCX

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9999321810
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Monday 4 June 2012

Intraday stock market tips for today

Rupee marked a remarkable recovery, strengthening to its highest level in more than two weeks on Tuesday, June 05, 2012 following a rebound in most Asian equities coupled with a bounce back in the euro against the US dollar overseas. The domestic currency opened higher by 29 paise at Rs. 55.35 to a dollar, dipped to a low of 55.56 before climbing back to a high of 55.28 so far during the day.

However, dollar purchases from oil importing companies are expected to limit any sharp gains in the local currency. In the spot currency market, the Indian unit was last seen trading at 55.51, up around 13 paise or 0.23% as compared to previous close at 55.64.

Investors looked to European policymakers and the wider G7 to take decisive action to address the worsening euro zone crisis. In a sign of heightened global alarm about strains in the 17-nation euro area, finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks by phone later on Tuesday.

The euro extended gains to a one-week high ahead of a conference call by the Group of Seven financial policy makers. The euro rose to as high as $1.2541, its highest in a week, extending its rebound from a two-year low of $1.2287 reached on Friday. It last stood at $1.2519 versus the greenback.

Domestic key benchmark indices also edged higher in early trade on firm Asian stocks. Asian shares advanced Tuesday to take back a portion of heavy losses made in the previous session, as investors hoped that policy makers would step in to stem growing concerns over the global economy.

Meanwhile, the barometer index, BSE Sensex, regained psychological 16,000 mark on hopes Reserve Bank of India (RBI) may cut interest rates in the monetary policy later this month to prop up slowing economy.

Foreign institutional investors (FIIs) sold Indian shares worth a net Rs 637.14 crore on Monday, 4 June 2012, as per provisional figures from the stock exchange. At the time of writing, the BSE Sensex was up 109.14 points or 0.7% to 16,097 while the S&P CNX Nifty tips was up 38.60 points or 0.8% to 4,886.75.

In the domestic currency futures market on the NSE, the front month '27 JUN 12' contract opened at 55.64 on Tuesday, June 05, 2012, higher than the spot market rupee. The contract hit an intraday high at 55.73 and registered a low at around 55.46 so far during the day. At the time of writing, the NSE June 2012 USD/INR contract was trading at around 55.66, lower by around 5 paise or 0.08% as compared to previous close at 55.71. 
 
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Monday 23 April 2012

Commodity Trading Tips Free Trial

Base metal prices were mixed in Asian trade on the London Metal Exchange Tuesday, as concern about the euro-zone debt crisis and Chinese physical demand again damped bargain buying following a recent pullback.

Benchmark three-month copper was $7,957.75 a metric ton at 0530 GMT, down 0.3% from its previous settlement and 5.8% lower since the start of April.

"Copper looks weak at this juncture" and is likely to trade around key support at $7,885/ton in the near term, Triland Metals analysts said in a note.

A firmer dollar capped the metals' upside, as dollar-denominated commodities become more expensive to investors holding other currencies when the greenback firms. The euro was trading at $1.3111 compared with $1.3142 late Monday in New York.

 The euro remained under pressure due to renewed fears about Spain's debt burden after the yield on the 10-year Spanish government bond rose above 6.0% Monday for the first time since the European Central Bank launched its first liquidity operation.

In addition to macroeconomic concerns, the fundamental picture for copper remains weak due to deteriorating market conditions in China, traders and analysts said.

High inventories and low physical demand from fabricators in China, the world's second-largest economy, indicate that copper prices could fall further over the next few weeks, a U.K.-based trader said.

"People no longer have the sense that every dip is a buying opportunity," the trader said, noting that most of the current volume on the LME is coming from commodities funds rather than industry participants.

Copper is still 4.7% higher since the start of the year due largely to speculative investment fueled by sustained accommodative monetary policy in the U.S. and Europe.

Asian traders said they expect a bearish tone from delegates at this week's major copper conference in Chile, despite supply constraints that should underpin copper prices in the long term.

Three-month aluminum rose Tuesday, gaining 0.7% to trade at $2,078/ton. A Tokyo-based trader said tighter supply is supporting aluminum prices even as demand remains soft in major consuming regions such as Japan.

Aluminum supply has fallen since the start of the year as large volumes of the metal have moved into longterm financing deals, which can keep metal off the market for years at a time. The Tokyo-based trader tipped support at $2,000/ton.

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Monday 2 April 2012

Mcx Gold Prices Updates For Today

A hushed overnight in Asia, with Chinese players out for the next three days, saw gold come under some pressure. This pressure was extended into Monday morning, as a relatively strong dollar combined with the threat of poor physical demand from India (as we enter a third week of a nationwide strike in protest against gold levies) dampened investor enthusiasm for the metal. The white metals have fared relatively better, although this is only because they are trading mostly sideways, in line with euro/dollar movements this morning.

Lattice exploratory length lost 140.8k oz-an abrupt increase in momentum of the previous four weeks of decline. The past week saw the largest drop of the year so far in long positions (105.8k oz), with a strong 35.0k oz added to shorts. The changes in the futures market over the past week warrant some attention, as participants appear to be positioning for some negative price moves. ETFs became net buyers, although only a meager 3.5k oz were added to their platinum holdings-a number hardly indicative of brimming confidence.

Behind a minor drop the previous week (7.9k oz), net speculative length fell hard this past week, surrendering a remarkable 257.0k oz (the largest loss of 2012 so far). A massive 194.7k oz in long positions was unwound, together with an equally significant 62.3k oz increase in shorts. As for platinum, this re-positioning in the futures market is hardly inspiring and signals an expectation of future price weakness. However, ETF buying of palladium continued at a respectable pace, with 21.8k oz added.

1. Gold Updates Mcx Apr Support @ 27800-27680-27510 Resistance @ 28050-28218-28385 

2. Silver Updates Mcx May Support @ 56935-56285-55884 Resistance @ 57986-58387-58788

3. Gold Prices Comex Support @ $1660-1654 Resistance @ $1672-1677

4. Silver Prices Comex Support @ $32.23-31.96 Resistance @ $32.71-32.91

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Monday 26 March 2012

Intraday Mcx Commodity Trading Tips


Nickel Tips for March :- Higher level selling to continue. Last week after making a high of 963, it made a low of 933. Sell on rise to continue as long as below 960 level... downside target 900 to watch out.

Natural Gas Tips For March :- Some support at lower level... as long as holds 110, do not panic and try to catch buying opportunity for small profit. Above 120, it will show power and buy side.

Alam on MCX gold and silver continues to slow. 0.1 per cent, with strong gold is trading at Rs 27 940. Silver has reached 0.25 per cent to Rs 56 500. MCX crude oil has nearly 0.5 per cent and is trading at Rs 5440.

Domestic market is now beginning to dull gold and silver. Lethargy on MCX gold is trading at Rs 28 108, while the dull silver with a turnover of Rs 57 123 level is seen. In the international market, gold - silver is a declining trend.

Crude oil is beginning to dull today. Slowdown in the domestic market with crude oil is trading at Rs 5488. Naimaks crude oil has seen a 0.30 per cent.

Base metals is a good start today. MCX turnover is faster in all metals. Aluminum and copper has seen nearly half a per cent, while lead, nickel and zinc have been recorded in the 0:20 to 0:35 per cent rise. 

Edge in the international market with gold, while silver is on the decline in business. Comaks half per cent of the gold is trading around $ 1665. The sharp decline in silver, the silver Comaks dropped about 1.5 per cent is trading around $ 32. Last week, gold and silver in the domestic market closed slightly lower.

Naimaks nearly 1 per cent on crude oil is traded, the price is above 106 dollars a barrel. Grel 0.25 per cent in the last week, crude oil was down to Rs 5485.

Half per cent on the London Metal Exchange copper is up with the business. Slight decline in the domestic market last week with Copper closed at Rs 432.

The experts advise investors -

Gold (April futures) MCX: Buy from -28,000 to 28,050 rupees, stoploss of Rs -27 870, -28 280 target Rs

Crude oil (April futures) MCX: Buy Rs -5440 to 5450, stoploss of Rs -5400, -5550 target of Rs
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Friday 23 March 2012

Sure Shot Commodity Tips Free Trial

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In domestic markets, gold - silver is on the decline in business. MCX gold at Rs 27 887, while silver is at Rs 56 254. While business is slow in Comaks gold, the silver is seen in the half-cent jump. Be looked at this whole week has seen the state of pressure on gold, which has failed to lead the gold.
 
Gold in the international market - it has seen a surge in silver. Comaks 0.35 per cent, with gold trading at $ 1,648, while silver above $ 31, with nearly 1 per cent level is seen. It ended on Thursday with gold in the domestic market to Rs 27 920, while silver, with nearly 1 per cent from 56 296 to Rs.
 
Naimaks crude oil with strong light is trading at 105 dollars per barrel. On Thursday, nearly half a per cent in the domestic market with crude oil closed at Rs 5419.

Copper on the London Metal Exchange is trading with a half per cent, while light copper with a decline in the domestic market on Thursday closed at Rs 430.
 
Decline in the domestic market is open on gold, while silver has started slow. Light down on MCX gold is trading at Rs 27 887, while silver is being grossly levels of Rs 56 320. While lingering in the international market in gold, while silver is trading at nearly half per cent.
 
With the introduction of crude oil has now ended, the domestic market, crude oil is trading at Rs 5429. Naimaks has seen a slowdown in crude oil, the price is above 105 dollars a barrel.

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Wednesday 21 March 2012

Sure Shot Mcx Tips Free Trial

International markets are seeing a boom in gold and silver. Comaks 0.24 per cent, with gold trading above $ 1,600, while silver, with nearly half per cent is trading above $ 29. Rs 27 541 gold on Tuesday in the domestic market, while silver was down at Rs 52 574.
International crude oil has declined by half per cent. However Naimaks crude oil is still trading above $ 101. On Tuesday, crude oil gained in the domestic market had closed at Rs 5325.
Copper on the London Metal Exchange have dropped by nearly half per cent. The domestic market on Tuesday, with copper up 1 per cent to Rs 403 was closed up.
 
Today is the beginning of gold and silver along the edge. With an edge in the domestic market gold is trading at Rs 27 608. Rs 52 718 with the silver boom in business is seen. In the international market, gold and silver prices have gone up.
In today's trend of declining crude oil. On mcx tips , crude oil, with about half per cent is trading at Rs 5292. International market has also seen a drop in crude oil. However Naimaks crude oil prices now above $ 101 remains.
Base metals see today that the situation is under pressure. MCX is trading at all the metals in the fall. Copper and zinc has seen nearly half a per cent. The declining trend in copper on the LME.
 
Rise in arrivals, coupled with demand, put pressure on jeera prices in the spot and futures markets. In the Unjha market in Gujarat, jeera arrivals rose to 40000 bags (1 bag = 55 kg) from 28000 bags on Thursday. The price of the spice fell to around Rs.12800 per 100 kg.

Meanwhile, the prices are likely to remain supportive in the near term at a prevailing lower rate, due to a strong offtake by both exporters and stockists. According to a trade source, exporters have bought almost 80 percent of the total daily supplies from local mandies as fresh supplies from Syria and Turkey are likely to delay in the current year due political unrest and weather concerns that occurred during the sowing period.
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Thursday 15 March 2012

Free Tips For Intraday Trading

Intraday Nifty :- As a event day so high volatile nature in the market... Today resistance 5404 - if cross this level with volume, And stay think to positive only... downside support 5318 - 5300 thereafter weakness persisting.

Bse Index :-Now consider support 17622-17500 , And resistance 17918-18000 , Above it will show strength.

Bank Nifty :- Classic example of hope - how despair...Yesterday once broken 10825, overall selling was seen...Now closely eye support 10500, If any thing negative in Budget Non-stop target 10200.

EDUCOM :- Strength in falling market...As long as hold 200 - short-term upside.

CROMPTION GREAVES :- Technically looks good...And any decline to buying opportunity.

HDIL :- Excellent stock...Consider major support range 95-100, If all is well play for 136 again...

SBI :- Today watch 2360 -2381, Reversal to sell side, Crossover to sharp move
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Wednesday 14 March 2012

Intraday Trading Tips For Indian Share Market

At the end of trading profit in the U.S. market closed flat. Dow Jones and S & P 500 ended off. The Nasdaq Composite declined marginally

Greece to the other stimulus news, show passion in the U.S. markets. During trading, the Dow Jones crossed 13,000 levels. The first time since May 2008 Dow Jones went up to 13000
However, the surge in crude oil showed a profit in the market. Naimaks the crude oil reached the highest level of 9 months.

Dow Jones up 16 points at the end of trading to close at 12 966. S & P 500 index gained 1 point in 1362 and the Nasdaq Composite fell 3 points to close at 2948.
Mumbai. Stock markets in the second trading day of the week bullish trend was seen in early trade on Tuesday.

Sensex gained 99.36 points to 17545.11, while the Nifty closed at 5310.50 with a gain of 29.30 points.

Around 10.00 am the Bombay Stock Exchange (BSE) sensitive index Sensex gained 172.47 points to 17618.22, while the National Stock Exchange (NSE) Nifty index gained 54.60 points to 5335.80 with doing business.

BSE Midcap and Smallcap indices were seen in the fast response. 
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Monday 5 March 2012

Stock Tips Expert


Markets coincided with the introduction of slack business. The first hour of trading on the Sensex - Nifty was seen range-bound around. 

December IIP figures worse than expected, despite the market was never worried. Light in the market decline, the market recovered quickly appeared. 

However, selling pressure in the market after 12 noon show and Sensex - Nifty fell 0.5 per cent. European markets, weak domestic market nervous from the beginning. 

Realty, IT, tech and bank stocks due to heavy selling in the market tumbling to lower levels of the day. Sensex down 200 points, while Nifty lost 70 points. 

IT in the last hour of trading, metal and technology stocks Snblte market appeared to return to shopping.
Tata Steel was up 5.5 per cent. Bajaj Auto 2 cent and 1 per cent of Wipro's strong.
Fast start with small and medium stocks. However, the small businesses - Medium stock slipped and closed at idling.
Week 3 per cent and the Nifty index rose 1 percent.

Tata Power, BHEL, Maruti Suzuki, Sun Pharma, Hero Motokorp, Coal India, Sterlite Industries 1.5 to 1 per cent faster.

SBI, ICICI Bank, HDFC, Infosys 0.5 to 0.25 per cent are poor.

Greece to the other stimulus news, show passion in the U.S. markets. During trading, the Dow Jones crossed 13,000 levels. At the end of trading profit in the U.S. market closed flat.

Asian markets mixed business is. Nikkei, Shanghai Composite, and Taiwan Index Cospi edge is visible. All other Asian markets are seen in the red.
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Thursday 23 February 2012

Commodity Tips Expert


Slowdown in the international market in gold, while silver is gained. Comaks the gold has come down to $ 1,750. The silver boom, with nearly half per cent is trading above $ 33. Gold in the domestic market on Wednesday with a fall of half per cent to close at Rs 28 161, nearly 1 per cent fall, while silver closed at Rs 56 737.
 
Slowdown in the trend of crude oil in the international market. Although the price is above $ 98. The slight increase in the domestic market on Wednesday, with crude oil closed above Rs 4,800.
Copper traded on the London Metal Exchange is seen in the flat. Copper in the domestic market on Wednesday with about 1 per cent to close at Rs 424. 

With gold on MCX ended at Rs 28400. However, silver is trading close to 0.5 per cent up to Rs 57600.
Tends to firm up the base metals. Copper, nickel, lead, zinc is 1.25 to 0.75 per cent. Aluminum is 0.5 per cent.
Light crude oil is increasingly being viewed. With nearly half per cent on commodity crude oil is trading above Rs 4,800. Naimaks while crude oil prices have risen above $ 98.

Gold - Silver is still in the early lethargy. Rs 28 378 in the domestic market in gold, while silver is trading at Rs 57 276. Comaks on the gold - silver is still idling.
 
Growth has occurred with the introduction of crude oil. 0.30 per cent in the domestic market with crude oil is trading up Rs 48.00. Naimaks while the crude oil with a lead of half per cent is traded above $ 98.
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Monday 20 February 2012

Mcx Tips Expert


Crude oil prices have increased strongly. MCX crude oil price has gone up to Rs 5000. Naimaks 101 dollars a barrel on crude oil is up. 

Gold business is slow. MCX gold was trading at Rs 28 117. Silver with 0.5 per cent to Rs 56 680. 

In base metals mixed business is. Copper and nickel is about 0.5 per cent. Weakness in zinc and lead.
Agri commodity weakness of 2.5 per cent in the turmeric. Being a new crop starts arriving in the spot market has skidded turmeric. 

Turmeric is also falling apart Kastrseed potatoes au. Gwarseed, Gwargm and barley is up by 4 per cent.
Today has been a sharp drop in the potato. NCDEX turnover down 2.7 per cent is close to the potatoes. Potatoes came up strongly in the last days of this month only about 10 per cent of the potato has come. 

China has picked up strongly today. February futures on NCDEX sugar is trading at around 1.5 per cent. The March futures price of sugar is still below Rs 3,900. The Uttar Pradesh 13 per cent in sugar production this year is Bdhtori. While NCDEX has decided to remove the pepper from the special margin. Next week, after which the special margin will be 10 per cent of businesses.
 
Agri commodities and pepper Gwarseed is accelerating. However, the weak business is potatoes and coriander.
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Thursday 9 February 2012

Share Tips Free Trading Tips Trial


Copper yesterday traded with the positive node and settled 0.37% up at 418.7 regained strength after the release of data showing slowing contraction in euro zone mfg activity, while renewed optimism over talks between Greece and its bondholders provided further support. The euro zone’s PMI rose to 48.8 in Jan, compared to a preliminary reading of 48.7 and up from 46.9 in Dec. Germany PMI’s came in at 51.0, indicating expansion and above an earlier estimate of 50.9. Meanwhile, the dollar came under pressure after Greek newspaper Kathimerini reported that the head of the IMF mission to Athens said talks on a new loan program for the country will conclude within a matter of days. 

Inthe other story workers of one union at Teck Resources Ltd's Chilean Quebrada Blanca mine, which produced 86,200 tonnes of copper in 2010, ratified strike action after contract negotiations with the firm broke down, a union leader said late on Tuesday night. However, a separate report from HSBC indicated that Chinese mfg activity contracted for the third consecutive month. For today's session market is looking to take support at 415.1, a break below could see a test of 411.6 and where as resistance is now likely to be seen at 420.7, a move above could see prices testing 422.7.

Trading Ideas for share tips free trial :
Copper trading range is 411.6-422.7.
Copper settled up regained strength after the release of data showing slowing contraction in euro zone mfg activity
Workers at Teck Resources Ltd's Chilean mine, ratified strike action after contract negotiations with the firm broke down
Copper daily stocks at Shanghai exchange came up by 1402 tonnes.

Zinc yesterday traded with the positive node and settled 0.19% up at 104.7 yesterday LME zinc prices once dipped to USD 2,070/mt ahead of manufacturing PMI for major economies was better than expected, with European economic data showing the manufacturing activity is improving. Meanwhile, US economic data shows that the employees in US private sector grew steadily, and construction spending increased as well. As a result, LME zinc prices climbed gradually to above the 10dma, with prices finally closing at USD 2,117.5/mt, up USD 12.5/mt. January PMI announced by global major economies was better than market expectation, indicating that global economy is recovering. 

The US PMI announced by ISM was 54.1, and the PMI was 50.5 from China, 51.0 from Germany, indicating expansion of manufacture activities. In addition, the US private sector payrolls for January increased by 170,000, in line with market expectation. The global manufacture data and the US employment data both advanced, boosting market expectation over demand for industrial commodities and risk appetite. For today's session market is looking to take support at 103.4, a break below could see a test of 102 and where as resistance is now likely to be seen at 105.7, a move above could see prices testing 106.6.

Trading Ideas:
Zinc trading range is 102-106.6.
Zinc gained with European economic data showing the manufacturing activity is improving
US economic data shows that employees in US private sector grew steadily, and construction spending increased as well
Workers at Peruvian miner Milpo's El Porvenir zinc and lead unit ended a strike after six days off the job.


Nickel yesterday traded with the positive node and settled 0.31% up at 1042.7 tracking LME nickel which opened at USD 20,710/mt and closed at USD 21,039/mt overnight, up by USD 302/mt from a day earlier, with the highest price at USD 21,150 mt and the lowest price at USD 20,549/mt. China’s PMI for January was above 50, but market was less encouraged by the data and LME nickel prices still fluctuated during Asian trading hours. However, LME nickel prices advanced to certain extent and finally closed at USD 21,039/mt from positive PMI from Germany, the UK and the US. Upbeat PMI from major economies boosted market. 

Regards,
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Tuesday 31 January 2012

Stock Tips Expert Free Trial


Gold traded in the tight range and traded above 28000 mark some pressure seen as traders awaited the outcome of negotiations on a Greek debt swap deal and eyed a EU summit later in the day but recovery seen as support seen from rupee which retreated from a near three-month high, weighed by weak equities, dollar demand from a local steelmaker and oil importers. 

Concerns over talks aimed at restructuring Greek debt escalated after German Chancellor said earlier that European leaders were not expected to finalize Greece’s second bailout program at summit. Her comments came after German FM said in the Wall Street Journal that the euro zone may refuse to grant Greece a fresh bailout unless it convinces Europe that it can fully implement commitments attached to earlier bailout packages. 

Further weighing on sentiment, the cost of insuring Portuguese sovereign debt against default continued to spike higher, hitting a euro-lifetime high for the third consecutive day, amid growing fears the country may need a bailout. Now technically market is trading in the range as RSI for 18days is currently indicating 54.21, where as 50DMA is at 27876 and gold is trading above the same and getting support at 27905 and below could see a test of 27750 level, And resistance is now likely to be seen at 28154, a move above could see prices testing 28248.

Trading Ideas for share tips free :
Gold trading range is 27750-28248.
Gold traded in the tight range as traders awaited the outcome of negotiations on a Greek debt swap deal.
Support seen as rupee retreated from a near three-month high weighed by weak equities, dollar demand.
Return of Chinese market participants after holiday fails to prop up gold prices.

Regards,
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Tuesday 24 January 2012

Stock Tips Expert Free Trial

Crude oil futures tumbled in the Asia trading hours Monday with the mixed movement in the equities and stronger dollar resulting in negative movement the commodity. Low volumes may be witnessed today as many regional markets, including those in Shanghai, Hong Kong and Seoul, were closed for Lunar New Year holidays.

The muted start in Asia came amid lingering European uncertainty, after Greece failed to reach a debt-restructuring agreement over the weekend with holders of its sovereign bonds. Greece needs to seal a deal with its private bond-holders before it can receive more financial assistance and avoid defaulting on a bond repayment due in March.

NYMEX light sweet oil futures are trading down 30 cents at $ 98.03 per barrel. It fell by nearly $2 a barrel Friday, pressured by concerns over Greece's debt crisis, Chinese manufacturing and weak U.S. gasoline demand. Prices lost 0.2% lower for the week. With traders downplaying Iran's threat to global oil shipments, the combination of these issues sent prices lower for the week.

Preliminary results Friday from HSBC's China manufacturing survey showed little improvement in January, with weakness in output and new orders suggesting a deepening slowdown ahead. The news sparked worries over weakness in global oil demand. Talks over a restructuring of Greek sovereign debt by private-sector creditors failed to reach resolution over the weekend. Greece needs to seal a deal with its private bond-holders before it can receive more financial assistance and avoid defaulting on a bond repayment due in March.

A firmer dollar also added downward pressure to crude prices. The dollar index, which measures the greenback against a basket of six other currencies, rose to 80.337, from 80.148 in North American trade late Friday.

MCX oil futures may start today's session below Rs 4980 with support around Rs 4900 levels.

Regards,
Stock Tips Expert
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