tag:blogger.com,1999:blog-22396567650999847892024-03-14T02:18:54.846+05:30Commodity Updates- MCX Copper Tips, Silver Updates, Gold Updates, Crude Oil Trend TodayLive Commodity Updates, MCX Crude Oil Tips, Copper Updates, Gold Silver Commodity Tips, Base Metals and energy Tips by Expert analysts.Unknownnoreply@blogger.comBlogger200125tag:blogger.com,1999:blog-2239656765099984789.post-86662401063977403212016-04-12T13:05:00.001+05:302016-04-12T13:08:15.721+05:30Subscribe for Free Commodity Alerts on Your Mobile Now<div dir="ltr" style="text-align: left;" trbidi="on">
<h3 style="text-align: left;">
<b>Dear Fellow Traders!! </b><b><br /></b><b>Now you can get the free alerts of our commodity updates on your mobile. Sign-up now with your active mobile number and stay updated with latest commodity trend, base metals, crude oil and Gold Silver Tips. Don't miss a new.. Keep Making Good profit.</b></h3>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-62173580458250620892015-06-15T17:44:00.000+05:302015-06-15T17:44:13.274+05:30Commodity Market Updates- Rejuvenation has Started Yet Again <div dir="ltr" style="text-align: left;" trbidi="on">
Commodity markets have begun to return to the good days. In the first two months of fiscal year 2016, the turnover of commodity exchanges has increased about 17 per cent. After the fall of the last two years the turnover has been growing over the past two months.During these two months have a turnover of over Rs 11 lac crore and majority of the volume is of crude oil and Agri commodities. In the Energy segment, trading has been increased by 55 per cent, while the Agri commodities turnover has increased about 17 per cent. Although gold and silver turnover is declined by about 7 per cent.<div>
<br /></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-74934266481127725232014-10-10T12:38:00.001+05:302014-10-10T12:38:52.480+05:30MCX Energy Updates: Crude Continues to Fall over Weak Demand<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="story-body__introduction" style="background-color: white; border: 0px; color: #404040; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif; line-height: 1.44444; margin-top: 28px; padding: 0px; vertical-align: baseline;">
Crude oil in the international market is falling continuously . Price of Brent crude oil has gone below the minimum value in the past two years and trading at <span style="line-height: 23.1110401153564px;">$90 per barrel</span></div>
<div style="background-color: white; border: 0px; color: #404040; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif; line-height: 1.44444; margin-top: 23px; padding: 0px; vertical-align: baseline;">
Due to the plentiful supply of crude oil and decline in global demand, the crude oil price has been dropped.</div>
<div style="background-color: white; border: 0px; color: #404040; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif; line-height: 1.44444; margin-top: 18px; padding: 0px; text-align: left; vertical-align: baseline;">
Pira Energy Group CEO Gary Ross says the price of crude oil will deplete further.</div>
<h2 class="story-body__crosshead" style="background-color: white; border: 0px; color: #1e1e1e; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif; line-height: 1.45455; margin: 18px 0px 0px; padding: 0px; vertical-align: baseline;">
<span style="font-size: small;">Demand and Supply-</span></h2>
<div style="background-color: white; border: 0px; color: #404040; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif; line-height: 1.44444; margin-top: 18px; padding: 0px; vertical-align: baseline;">
Gary Ross says that the market is reaching in excess as compared to the demand for crude oil.</div>
<div style="background-color: white; border: 0px; margin-top: 18px; padding: 0px; vertical-align: baseline;">
<span style="color: #404040; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif;"><span style="line-height: 25.9999198913574px;">Demand for crude oil has been declined in countries with euro as currency and Germany has reduced its oil imports. </span></span></div>
<div style="background-color: white; border: 0px; color: #404040; font-family: Mangal, Arial, Verdana, Geneva, Helvetica, sans-serif; line-height: 1.44444; margin-top: 18px; padding: 0px; vertical-align: baseline;">
Technically, On <b>MCX </b>Side, Crude oil October contract is trading around 5180 after making a low of 5132. Short term trader can go for buy in crude around 5150 for the target of 5400-5500.</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-60459885207583207762014-06-28T13:54:00.001+05:302014-06-28T13:54:21.745+05:30MCX Crude Updates For coming week<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="MsoNormal">
<span lang="EN-US">Crude prices witnessed a downside on Friday
as investors continued to book profit on their positions. On MCX side,
crude made a low of 6350 after making the day high of 6410. Earlier,
crude prices went up on the back of the concern of major supply
disruptions stemming from the bloody Iraqi insurgency.<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-US">NYMEX oil futures is likely to find
support at $105.03 a barrel, Thursday's low, and resistance at $107.50 a
barrel, Tuesday's high.<o:p></o:p></span></div>
<br />
<div class="MsoNormal">
<span lang="EN-US">On MCX,
crude prices may go further down in coming week. However, Iraq concern would be the decisive factor for
the trend of crude oil. Crude can find support near 6320-6300 while key
resistance can be seen near 6460-6500. Day Traders are advised to buy crude on dips
while investors are recommended to go long from upper levels for the targets of
6200-6000 in near future. <o:p></o:p></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-79729569700914550722014-02-18T13:05:00.000+05:302014-02-18T13:05:03.240+05:30Base Metals and Energy Updates: Copper Sideways, Natural Gas Bullish as US suffers Cold weather<div dir="ltr" style="text-align: left;" trbidi="on">
Intraday support for copper remains at 441 with immediate support at 443.5, till holds<br />
above will trade sideways to up. Immediate resistance is at 448 and sustained breach above<br />
the same could target 451 - 455. But, our view could negate if it breaches below 441.<br />
<div>
<div>
<br /></div>
<div>
Nickel continues to trade sideways to up and is close to 888 level at present. Support for the </div>
<div>
day is at 882 followed by strong support at 876, till holds above buying is advisable for </div>
<div>
intraday. Immediate resistance is at 894 and sustained breach above the same could extend </div>
<div>
upside towards 907 - 910</div>
</div>
<div>
<br /></div>
<div>
<div>
Crude oil corrected yesterday on failure to breach resistance at 6270. However, the price </div>
<div>
has good support at 6150-6170 range. The short-term trend remains positive above this </div>
<div>
support area. Breach above immediate resistance at 6270 could resume the uptrend now for </div>
<div>
the target of 6350. </div>
</div>
<div>
<br /></div>
<div>
<div>
Price has support at 332 level with immediate resistance at 338. Sustained trading above </div>
<div>
338 could extend the upside move towards 345 followed by strong resistance at 351 level. </div>
<div>
Selling is advisable on sustained trading below 332. Next best support is at 325 level. </div>
</div>
<div>
<br /></div>
<div>
<br /></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-187301843575875882013-12-06T12:30:00.000+05:302013-12-06T12:30:17.852+05:30Gold Silver Updates Today: US Job Data<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="-webkit-text-stroke-width: 0px; background-color: white; color: #303030; font-family: Arial; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 23px; margin: 0px; orphans: auto; padding: 0px; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">
<span style="margin: 0px; padding: 0px;"><span class="" style="margin: 0px; padding: 0px;">Gold and Silver commodities have seen a downfall before U.S. non-farm payroll data which is to come today.<span class="Apple-converted-space"> </span></span><span style="margin: 0px; padding: 0px;">Yesterday, the hiring in the private sector which has reached a record level of 1 year, can</span><span style="margin: 0px; padding: 0px;"> affect today's jobs data.</span></span></div>
<div style="-webkit-text-stroke-width: 0px; background-color: white; color: #303030; font-family: Arial; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 23px; margin: 0px; orphans: auto; padding: 0px; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">
<br /></div>
<div style="-webkit-text-stroke-width: 0px; background-color: white; color: #303030; font-family: Arial; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 23px; margin: 0px; orphans: auto; padding: 0px; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">
<span style="margin: 0px; padding: 0px;"><span style="margin: 0px; padding: 0px;">With 0.2 per cent on MCX gold is trading near Rs 29140.<span class="Apple-converted-space"> </span></span><span style="margin: 0px; padding: 0px;">While silver fell 0.6 per cent and come down to Rs 44,200.</span></span></div>
<div style="-webkit-text-stroke-width: 0px; background-color: white; color: #303030; font-family: Arial; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 23px; margin: 0px; orphans: auto; padding: 0px; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">
<span style="margin: 0px; padding: 0px;"><span style="margin: 0px; padding: 0px;">The appreciation of the rupee continues today.<span class="Apple-converted-space"> </span></span><span style="margin: 0px; padding: 0px;">In the U.S., generally when data comes positive, the dollar gets strong <span class="Apple-converted-space"></span></span><span style="margin: 0px; padding: 0px;">but in last 2 days, t<span class="Apple-converted-space"></span></span><span style="margin: 0px; padding: 0px;">he rupee </span></span><span style="margin: 0px; padding: 0px;"><span style="margin: 0px; padding: 0px;"><span style="margin: 0px; padding: 0px;"><span style="margin: 0px; padding: 0px;">has risen to 61.64</span></span> against the dollar.</span></span></div>
<div style="-webkit-text-stroke-width: 0px; background-color: white; color: #303030; font-family: Arial; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 23px; margin: 0px; orphans: auto; padding: 0px; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">
<span style="margin: 0px; padding: 0px;"><span style="margin: 0px; padding: 0px;">Domestic factors are likely to responsible behind the rising rupee.<span class="Apple-converted-space"> </span></span><span style="margin: 0px; padding: 0px;">It is believed that the results are predictable and could strengthen the rupee.</span></span></div>
<br style="-webkit-text-stroke-width: 0px; background-color: white; color: #303030; font-family: Arial; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 23px; margin: 0px; orphans: auto; padding: 0px; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;" /></div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-21139246438823141682013-09-25T10:16:00.000+05:302013-09-25T10:16:42.609+05:30MCX Gold Trend with Levels : Copper Updates and Tips<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><b><u>MCX Gold Trend For Today</u></b> :-</span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;">In Indian commodity market, MCX precious metals are trading on flat to positive note. MCX Gold opens on a positive note but technical charts are suggesting sideways trend.</span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;">MCX Gold has opened at the level of 29860. For now, it can make a high around 29973 and low around 29860. As its open price and low level are same, it can boost up in today's trading session.</span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;">Technically if we talk about support and resistance levels then, first resistance level is marked near 30000 and second resistance level is around 30255. On the other hand, first support can be seen near 29660 and second support level is at 29510.</span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><b><u>MCX Copper Recommendations</u></b> :- </span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;">Sell copper below 457.80 stoploss 459.80 target 456,455,454.</span></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-6649150735336452652013-09-23T13:57:00.002+05:302013-09-23T13:59:00.113+05:30MCX Gold Weekly Report 23 Sep to 30 Sep<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-family: Verdana, sans-serif;">MCX GOLD OCTOBER: OUTLOOK 23 Sep 2013- 30 Sep 2013</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">OPEN: 30050 CLOSE: 29912</span><br />
<span style="font-family: Verdana, sans-serif;">HIGH: 30894 LOW: 29277</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">MCX GOLD opened in week strongly at 30050 and moved lower at level 29277. Again it measured gains</span><br />
<span style="font-family: Verdana, sans-serif;">to a level of 30694, however could not sustain it. It went down to test levels till 29836. Closing was</span><br />
<span style="font-family: Verdana, sans-serif;">marginally lower than previous week closing.</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">For this week we can expect Gold prices to have resistance in range of 30610 – 30690. Breaking and</span><br />
<span style="font-family: Verdana, sans-serif;">sustaining levels of 30850 would rise the resistance to levels of 31550.</span><br />
<span style="font-family: Verdana, sans-serif;">Support can be seen at levels of 29370 – 29250, however trading below levels of 29200 would bring</span><br />
<span style="font-family: Verdana, sans-serif;">down the support to 28540.</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">Recommended trading levels for the week :</span><br />
<span style="font-family: Verdana, sans-serif;">R1 – 30610 S1 - 29370</span><br />
<span style="font-family: Verdana, sans-serif;">R2 – 31550 S2 - 28540</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">Weekly Recommendation: Sell MCX Gold October between 30,040-30,110, SL-30,715, Target -29,350.</span></div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-1884344932552931762013-09-13T10:34:00.001+05:302013-09-13T10:34:37.784+05:30MCX Commodity Levels : Gold, Silver, Copper, Crude 13 Sep 2013<div dir="ltr" style="text-align: left;" trbidi="on">
Gold Support and Resistance Levels :<br />
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="http://2.bp.blogspot.com/-Su89VaIrXUE/UjKcz0rLwZI/AAAAAAAAAEE/lRRhhq0KUy8/s1600/images.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://2.bp.blogspot.com/-Su89VaIrXUE/UjKcz0rLwZI/AAAAAAAAAEE/lRRhhq0KUy8/s1600/images.jpg" /></a></div>
Resistance 1 - 30150<br />
Resistance 2 - 30360<br />
Support 1 - 29950<br />
Support 2 - 29800<br />
<br />
Silver Levels :-<br />
<br />
Resistance 1 - 50800<br />
Resistance 2 - 51400<br />
Support 1 - 49900<br />
Support 2 - 49400<br />
<br />
MCX Crude Oil :-<br />
<br />
Resistance 1 - 7000<br />
Resistance 2 - 7060<br />
Support 1 - 6870<br />
Support 2 - 6810</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-88714315486810992912013-09-10T20:19:00.001+05:302013-09-10T20:19:40.522+05:30Gold Updates Today - 10 Sept 2013<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="MsoNormal">
Gold has to see a decline phase on second consecutive day as US – Syria war worries eases and India’s rupee rose as much as 5.6 percent in the past four days, the biggest gain since at least 1973, as U.S. jobs data that fell short of estimates tempered concern the Federal Reserve will cut stimulus this month. Non-farm payrolls in the U.S. climbed 169,000 in August, official data showed Sept. 6, trailing the 180,000 median estimate. The Reserve Bank of India last week announced a plan to provide concessional swaps for banks’ foreign-currency deposits to boost the supply of dollars. <o:p></o:p></div>
<br />
<div class="MsoNormal">
Bullion counters are trading lower on MCX today where Gold has seen a decline of more than 2.5% whereas Silver has suffered more tha 2000 points so far. Prices are likely to continue the same trend till the EOD.</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-6938168133499678892013-08-23T21:02:00.001+05:302013-08-23T21:02:37.317+05:30Commodity Updates Today: Copper Updates and Gold Silver Trend<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="MsoNormal">
<b>Base Metals Updates</b>:
Copper prices require to sustain trades above 477 level for positive momentum
while prolonged trades below 470 can allow prices to slip down till 468-465
level. Intraday trend seems to be
sideways traders can wait for trigger levels to initiate fresh positions. <o:p></o:p></div>
<br />
<div class="MsoNormal">
<b>Gold Silver Intraday
outlook:</b> In Gold and silver commodities, day traders can go for sell on
rise jobbing strategy to utilize the market movements. Long term trend in bullion metals is likely to remain intact and we may see some more upside in near future. <o:p></o:p></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-70131364134858099732013-07-16T12:38:00.004+05:302013-07-16T12:38:49.415+05:30MCX Gold Outlook Today- 16 July 2013<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="MsoNormal" style="background-color: white; margin-bottom: 0.0001pt; text-align: justify;">
<span style="color: #222222; font-size: 12.0pt; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman";">MCX yellow metal is
again in news due to its changing prices in international market. Gold prices
are expected to fall ahead of Bernanke's testimony on the monetary policy tomorrow.
It will also affect gold prices in India as a result Indian Rupee may see some
strength against US dollar. <o:p></o:p></span></div>
<div class="MsoNormal" style="background-color: white; margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background-color: white; margin-bottom: 0.0001pt; text-align: justify;">
<span style="color: #222222; font-size: 12.0pt; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman";"><b>MCX Gold (Aug)
Trend :-</b><o:p></o:p></span></div>
<div class="MsoNormal" style="background-color: white; margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background-color: white; margin-bottom: 0.0001pt; text-align: justify;">
<span style="color: #222222; font-size: 12.0pt; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman";">If we consider charts
, gold is looking slightly sluggish and
can trade weak for the day. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="background: white; color: #333333; font-size: 12.0pt; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman";">August contract has
been trading flat today. The GOLD rate touched an intraday high of Rs 26470 and
an intraday low of Rs </span><span style="background-color: white; background-position: initial initial; background-repeat: initial initial; font-size: 12pt;">26340.00</span><span style="background: white; color: #333333; font-size: 12.0pt; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman";">. GOLD prices have seen a downfall of
nearly 18% in August series<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="background: white; color: #333333; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman";">Prices
are hovering around 26430-26450. </span><span style="font-size: 12.0pt; line-height: 115%;">By breaching the barrier of 26600 region could fascinate
intraday buyers. Day traders can go for buy in Gold only above 26500
level.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="text-align: justify;">
<span style="font-size: 12.0pt; line-height: 115%;">A trade
below 26350 would invite day seller for the target of 26300-26230 and
even below.<o:p></o:p></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-76798854411088576692013-07-08T12:13:00.003+05:302013-07-08T12:13:24.675+05:30Gold Silver Trend and Technical Levels for Today<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="margin-bottom: 0cm;">
US employment data has pushed bullion
prices to downside. The report say, 195,000 new jobs has been added
on payroll last month which is way better than what was expected.</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
On Friday, gold spot prices fell 2%
followed by 0.30% decline to reach $ 1219.31/Ounce.
</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
On MCX, Gold august contract is trading
below 26000 level and heading towards the nearest support line of
25850. A breach through this level would stimulate the downside
objective and this yellow metal may suffer a down trend till 25500.
However strong trades above 26200 can help Gold to pick up the upside
momentum up to 26300-26500.</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
Silver can be a buying bet above 40130
for the targets of 40250-40320. Keep strict stop loss to avoid
unpredictable losses.</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-332981275060345492013-06-11T11:28:00.000+05:302013-06-11T11:28:35.017+05:30MCX Gold Silver Tips for Today and Copper Updates for Intraday trading<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="margin-bottom: 0cm; text-align: justify;">
MCX commodity marketing is sparkling
with green color as MCX gold Silver are trading up with the
expectations that rupee will continue to remain weak against dollar.
Silver prices have witnessed an upside of nearly 0.40% while mcx gold
has added 200+ points to trade above the level of Rs 28200. Precious
metals are likely to continue with positive trend for the day.
Technically, level of 27900 is acting as support for mcx gold
futures while 28400 is the major upside resistance level.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<br />
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Day traders can go for buy in silver
above 44400 for the targets of 44700-44900. A successful trade above
44900 would invite more higher levels in this bullion metal.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<br />
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
In base metals, Zinc and nickel could
be another intraday pick for buying while one can buy Copper (June
futures) above 421.50 for the targets of 423.50-424-426 levels.
</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<br />
<div style="margin-bottom: 0cm;">
<br />
</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-60517963190413502852013-06-07T12:26:00.000+05:302013-06-07T12:26:39.477+05:30Commodity Gold Silver Updates: Technical levels<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="border: none; margin-bottom: 0cm; padding: 0cm; text-align: justify;">
<span style="color: #3f3f3f;"><span style="font-family: georgia;"><span style="font-size: 11pt; line-height: 0.53cm;">In
Indian commodity market, MCX precious metals are trading lower with
gold trading below 27850 and mcx silver near 44500 level. The trend
suggests that this initial downside is driven by speculators profit
booking however </span><span style="font-size: 15px; line-height: 20.03125px;">strong</span><span style="font-size: 11pt; line-height: 0.53cm;"> global cues are capping the pressure. Japanese
Yen has seen an appreciation of 2.11% against the US dollar which
would support the prices of gold.</span></span></span></div>
<div style="border: none; line-height: 0.53cm; margin-bottom: 0cm; padding: 0cm; text-align: justify;">
<br />
</div>
<div style="border: none; line-height: 0.53cm; margin-bottom: 0cm; padding: 0cm; text-align: justify;">
<span style="color: #3f3f3f;"><span style="font-family: georgia;"><span style="font-size: 11pt;">Technically
gold is likely to trade flat in multi commodity exchange of India
however breaching the crucial level of 27890 may enhance the chances
of intraday swings. This precious metal is facing downside support
level at 27590.</span></span></span></div>
<div style="border: none; line-height: 0.53cm; margin-bottom: 0cm; padding: 0cm; text-align: justify;">
<br />
</div>
<br />
<div style="border: none; line-height: 0.53cm; margin-bottom: 0cm; padding: 0cm; text-align: justify;">
<span style="color: #3f3f3f;"><span style="font-family: georgia;"><span style="font-size: 11pt;">On
the other hand, one can go for intraday buy in silver above 44750 for
the targets of 44900-45000. A trade below 43800 would escalate the
selling momentum.</span></span></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-71635504774845138232013-06-05T15:58:00.000+05:302013-06-05T15:58:30.365+05:30Base Metals: MCX Nickel and Copper Trend for Today<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="margin-bottom: 0cm;">
Base metals are trading on higher note
in MCX. Nickel, with a gain of more than 1%, is trading above 870
level and its nearest support level is 877 while on the downside,
support level is 858. Downside is expected below 855 level.</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
Trend- Up, recommendation- Buy</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
Copper is facing a resistance at 224
level and a breach above the same would require to see more momentum
in this base metal. However, major level to breach is 428-432 for a
sustained upside. We can see copper to reach 424-427 if it
consistently sustains above 221 level.</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
Trend – Up, recommendation- Buy</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<br />
<div style="margin-bottom: 0cm; text-align: left;">
Note: <i>Trading in equity and commodity
market inherits risk. The trading recommendations provided here in
this blog are the individual views of the author of this blog which
he/she put across after the detailed technical and fundamental
analysis of the market. Commodity Markets and/or in any of financial
instruments are subject to external risks. Readers of this blog is
free to take their own decision and “Commodity Updates” does not
hold and responsibility ifor the loss incurred due to the information
provided herewith.</i></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-52938081095983338592013-05-07T13:33:00.000+05:302013-05-07T13:33:01.480+05:30MCX Commodity Tips For Today: Gold Silver and Base Metals Updates<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
Silver July contract was trading at Rs 44543 and has seen a decline of nearly 600 points so far. However the decline is being seen in silver commodity still we can see a re-bounce if silver manages to regain the level of 44650 again while in gold we can see the buying momentum above 26750 level.
Base metals are also trading in red zone. If we talk about copper, its June contract is trading below 396 after seeing a loss of 1.40 points. Inability to sustain above the level of 395 can put more selling pressure and copper can decline further to 394-393.50 level. Buying is advocated above 101.30 in Zinc futures with a strict stop-loss of 99.20 and a target set of 103-104.50 level.</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-68232154769041287362013-03-30T12:10:00.003+05:302013-03-30T12:10:49.477+05:30Crude Updates: Crude surges on the back of international cues<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
:Korea news threatened the overall commodity markets. Energy complex facing panic. North Korea says that it is entering "state of war" with South Korea after hearing this news, MCX in India witnessed sharp movements in crude oil since early trade today.<br />
<br />
MCX Crude Oil prices already moved much higher today, Crude April contract trades around 5370-80 them one can enter into buying deal with stop loss of 5300 for target near 5500<br />
<br />
WTI Crude oil Update :-<br />
<br />
US sends stealth bomber after North Korea cut last hotline with South korea. If WTI closes and stays above 97 USD for next three consecutive Trading Days then we can see up to 103.25 USD Level.<br />
<br />
Also for short to Medium Term the ultimate target for WTI is 109-113.45 USD levels.<br />
<br />
Trade Alert - With the global uncertainty news WTI Looks bullish, it adversely impact on Indian Equity Market , so Be alert Don't buy equity or futures.<br />
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-44460215833261669312013-03-19T16:35:00.000+05:302013-03-19T16:35:02.871+05:30Crude and Copper updates: Commodity Tips for Today<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div align="LEFT" style="border: none; margin-bottom: 0cm; padding: 0cm;">
</div>
<div style="margin-bottom: 0cm;">
<span style="line-height: 0.53cm;">Technically a breach of 5025 was
required for crude oil to get some upside momentum </span><span style="line-height: 20.03125px;">which</span><span style="line-height: 0.53cm;"> is </span><span style="line-height: 20.03125px;">accomplished</span><span style="line-height: 0.53cm;"> now. on the </span><span style="line-height: 20.03125px;">flip-side</span><span style="line-height: 0.53cm;"> this energy commodity is holding the
stiff support level of 5125. Currently, the prices are have gained
nearly 1% and trading around 5154 level ( April future). RSI
suggests buying in mcx crude and We can expect prices to go up to
5175-5185 level.
</span></div>
<div style="line-height: 0.53cm; margin-bottom: 0cm;">
<br />
</div>
<div style="line-height: 0.53cm; margin-bottom: 0cm;">
In Base metals, MCX copper is likely to
trade positive. Prices have already touched the resistance level of
414.50 and one can buy MCX copper Oil around Rs 415.00 with a stop
loss placed below Rs 413.50 for targets of Rs 417.50-419.00 levels. </div>
<br />
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-57882272976229789642013-03-11T20:16:00.002+05:302013-03-11T20:16:42.550+05:30Commodity Gold Silver Tips for Today<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div style="margin-bottom: 0cm;">
Commodities market is facing downside
in mcx Silver wherein silver may futures has been declined to 54570
till now. A decline of nearly 0.50% has been witnessed in silver
futures. It is facing stiff support at 54350 level and inability to
breach the same may reverse the trend. Below 54350, this precious
metal may direct towards 54000-53500 levels while a rise above 54750
would lift the prices till 5520-55500 level.</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
MCX Gold is likely to trade under
consolidation with a bit of negative bias. A trade below 29250 may
push down the prices further to 29100-29000 level.</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
<div style="margin-bottom: 0cm;">
<br />
</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-71197218637474469722013-03-06T16:40:00.000+05:302013-03-06T16:40:11.890+05:30MCX Silver Updates and Copper Tips for Today<div dir="ltr" style="text-align: left;" trbidi="on">
MCX silver has been trading in consolidation phase so far and a medium term downward falling pattern can be sensed in the charts inviting traders to go for fresh short positions. In today's trade, May contract of mcx silver futures made a low of 54710. A reverse trade can be seen above 55200 level which is acting as crucial break through level for upside. However traders can sell silver at current price for the targets of 51800-51500 keeping a strict stop loss of 52150 level.<br />
<b>MCX Copper Tips</b>- Sell MCX copper below 427.50 for the targets of 426.10-425.00. </div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-84881415116275990402013-03-04T17:02:00.001+05:302013-03-04T17:02:32.852+05:30Commodity Silver Updates for Today<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
Commodity news today includes silver updates. It is very clear from the chart that MCX silver futures is not in good mood and trading flat. Buying momentum in silver could be expected only above the 55200. Our experts say that if prices break that level, it may even move towards the 56000.<br />
<br />
MCX Silver fro may delivery opened on a quite note on Monday following the economic Asian cues. Commodities, specially copper and other base metals reacted negatively. Crude oil futures too went down.<br />
<br />
Silver Commodity trend for further trading is expected to be range bound. If we talk about technical levels then support is marked near 54000 and resistance at 55200<br />
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-10398793768776722652012-12-21T13:30:00.002+05:302012-12-21T13:30:27.026+05:30MCX Gold Silver and Crude Updates<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div class="MsoNormal" style="background: white; line-height: 17.25pt; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: #303030; font-family: "Arial","sans-serif"; font-size: 11.5pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Vague picture of US economy led the
international gold and silver market
into a sharp decline. In the international market, gold is at 4-month low. But
the weakness in rupee helped domestic bullion market and MCX elevated today in early trade..<o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 17.25pt; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: #303030; font-family: "Arial","sans-serif"; font-size: 11.5pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">.With a gain of 0.52 % on MCX, Gold
is currently trading at Rs 30640. The silver is seen at 0.62 per cent gain and prices are currently trading above
Rs 57700<o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 17.25pt; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; line-height: 17.25pt; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: #303030; font-family: "Arial","sans-serif"; font-size: 11.5pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">MCX crude oil witnessed a very weak
start. Crude oil slipped 0.70 per cent in the domestic market and Currently
the price is below Rs 4950. Prices are likely to decline further till support
level of 4920 and if crude breaches this level, we can see further decline till
4860.<o:p></o:p></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-60745528237153473792012-11-30T09:32:00.002+05:302012-11-30T09:32:36.823+05:30Commodity Updates: Gold Silver and Copper Trend For Today<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
In the international market, Comex gold – silver are trading
traded on the decline. Gold has witnessed a decline of 0.12 per cent
and currently trading at 1727 dollars. Silver is trading with a
loss of 0.5 per cent, although prices are above $34 per ounce.<br />
MCX Silver might see an initial decline due to these international
cues. Technically, nearest support is being seen near 62600 level
and consistent trades below 62000 wil be required for<br />
prolongation of fresh selling towards 61550/61100.<br />
Copper, on London Metal Exchange (LME), is looking slightly
strong. MCX copper is likely to trade positive above 442 while below
the support level of 436.00. we can expect prices to decline to some
extent.<br />
<div style="margin-bottom: 0cm;">
<br />
</div>
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0tag:blogger.com,1999:blog-2239656765099984789.post-88174303604732501232012-11-15T11:38:00.004+05:302012-11-15T11:38:35.191+05:30MCX Gold Silver Updates Today: Market Trend and Trading Tips<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div style="text-align: justify;">
Gold and silver commodities are trading weak in international
market where Gold and Silver prices have broken 0.4% and 0.7% receptively.</div>
<br />
<div style="text-align: justify;">
The trend seen in international market has affected the domestic
market also and bullion commodities started with weaker note. With
slight decline, mcx Gold has come down below 31700 level while silver
has witnessed a decline of nearly 0.40%.. MCX Silver is facing
nearest support at around 61000 level while immediate resistance can
be seen near 61500 level.</div>
<br />
<div style="text-align: justify;">
Gold can witness further decline below 31500 but a bounce back
from the 31550 can invite traders to buy on lower levels.</div>
<br />
<div style="text-align: justify;">
<br /></div>
<div style="text-align: justify;">
<br /></div>
<br />
<div style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; line-height: 0.61cm; margin-bottom: 0cm; orphans: 2; padding-bottom: 0cm; padding-left: 0cm; padding-right: 0cm; padding-top: 0cm; text-align: justify; widows: 2;">
<strong><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>Gold
(December futures) MCX:</span></span></span></span></span></strong><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span> Buy
Rs -31</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>5</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>50,
stoploss of Rs -31</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>45</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>0,
</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>Target-
</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>31</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>6</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>00</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>-700</span></span></span></span></span></div>
<div style="line-height: 0.61cm; orphans: 2; text-align: justify; widows: 2;">
<br />
</div>
<div style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; line-height: 0.61cm; margin-bottom: 0cm; orphans: 2; padding-bottom: 0cm; padding-left: 0cm; padding-right: 0cm; padding-top: 0cm; text-align: justify; widows: 2;">
<strong><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>Silver
(December futures) MCX:</span></span></span></span></span></strong><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span> Buy
-6</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>1</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>,</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>45</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>0,
</span></span></span></span></span><span style="color: #303030;"><span style="font-family: Arial;"><span style="font-size: small;"><span style="font-style: normal;"><span>Target-
61700-62000, stoploss- 61000</span></span></span></span></span></div>
<br />
<div style="text-align: justify;">
<br /></div>
<div style="text-align: justify;">
<br /></div>
<br />
</div>
Anonymoushttp://www.blogger.com/profile/18300059614633312296noreply@blogger.com0