Posted by Naresh Tomar on Friday, August 17, 2012
Domestic Market Gold is strong today despite of selling pressure in international market. However domestic market silver and crude oil have declined. COMEX Gold 0.1% and Silver 0.5% are weak. NYMEX Crude oil has slipped 0.5%. LME Copper dropped 0.25%.
MCX gold with 0.2% up is trading at Rs 30 150. silver is trading flat at Rs 53 745. MCX Crude oil slipped 0.2% is trading at Rs 5285. Base metals have gone up 0.1-0.4%.
Gold Silver Tips Today
Gold October futures Buy - 30050, target - 30 165, stoploss – 30000.
Silver September futures Buy - 53400, stoploss – 53000, target - 54 100.
NCDEX Castor seed August, September, October, November and December has strength of 3-3.5 %. NCDEX Sugar September, October and December futures were down around 1%. Soybean November and December futures has weakened by 0.5%.
NCDEX Commodity Tips
Chana September futures Buy - 4965, target – 5020, stoploss – 4935.
Mustard September futures - 4425, stoploss - 4390, target – 4490.
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.