Posted by Naresh Tomar on Tuesday, July 10, 2012
MCX Gold Tips :- MCX gold - silver are still fall. Gold With 0.30% decline is trading at Rs 29 575 While silver has broken half per cent. However in international market gold came light strong However, strong light came in the international market in gold, but silver is still in pressure. Gold August Futures Sell - 29 500, Target - 29 350, Stoploss - 29 550.
Base metals is to see strong decline. Aluminum, Copper, Nickel, Lead and Zinc have dropped by half per cent. LME Copper business is also slow. Nickel July Futures Sell - 910, Stoploss – 918, Target – 890.
Crude Oil Trend Today :- MCX Crude Oil continues to strongly decline. MCX crude oil is trading at Rs 4759 with 1% down. China Crude oil exports have been declining. While Norway oil companies strike is over. Tomorrow U.S. Energy Department report is coming there are expected to come impact on crude oil prices.
NCDEX Agri Tips :- Wheat futures market prices is seeing heavy volatility. NCDEX Wheat July futures gained 2.5% and is reached to Rs 1,270. August futures is seen selling pressure. But the important thing is that August futures price is looked up to Rs 1,300.
Cotton Cake August Futures Sell -1 485, Stoploss - 1 511, Target -1 410.
Castor Seed August Futures Buy Rs -3 450, Target - 3 330, Stoploss - 3 533.
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.