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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