Crude Oil Trend | MCX NCDEX Tips For Today : Gold Silver Copper

Posted by Naresh Tomar on Wednesday, June 6, 2012


MCX Tips and  Trend Today

Crude Oil Trend Today :- Crude Oil is still traded on edge. MCX crude oil is up nearly 0.5% despite of strong Rupee. U.S. Energy Department report is coming today. American Petroleum Institute said last week United States crude oil supply has decreased nearly 18 million barrels. NYMEX Crude Oil $ 85 and Brent crude are trading around $ 100. Crude oil June Futures Buy - 4690, Stoploss - 4640, Target – 4780.

Gold and silver is also looking strong but Gold and silver futures trading has been declining. MCX Gold is trading around Rs 30 100 with strength of 0.25 and silver is 1 % up close to Rs 55,000. 

Gold August Futures Sell – 30150, Target - 29 950, Stoploss - 30 220. 

Silver July Futures Buy - 54500, Stoploss - 54 200, Target – 55200.

MCX Copper Tips :- Base metals are traded on edge today. MCX Base metals is to see 0.5-1% fast. Copper is trading at Rs 409.10 With 0.8% faster. Copper June Futures Buy – 407.50, Target – 413.20 , Stoploss - 404.50.

NCDEX Tips :- Turmeric is picked up today. spot market Turmeric trading is weak. Chana is also traded on edge. spot market Chana price has increased about 25 bucks today. In Delhi Chana is more inward today. Turmeric July Futures Sell - 3670, Stoploss – 3705, Targets – 3520 - 3470.

MCX Tips for Today

Here we daily post MCX Tips for Today for Bullion Commodity Gold Silver, Energy Crude Oil and Natural Gas and Base Metals - Copper, Zinc, Aluminum, Lead and Nickel Tips trend and trading levels for today.
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