Posted by Naresh Tomar on Wednesday, August 1, 2012
MCX Gold Tips
Domestic Market Gold and Silver are showing pressure despite of slight edge in international market. Gold and Silver are weak due to Rupee has strengthened against Dollar. MCX gold has come close to Rs 27 700 with decline of 0.15% . Silver has weakened 0.3 % and its price has fallen to Rs 53 800.
Gold August Futures Sell - 29 820, Target - 29 655, Stoploss – 29900.
Crude Oil Tips Today :- NYMEX Crude Oil declined 0.25 and is trading at $ 87.80/ Barrel. MCX Crude oil slipped 0.5% and it has come down to Rs 4,900. MCX base metals are showing weakness of 0.25 to 0.5%.
Crude oil August Futures Sell - 4950, Stoploss - 5000, Target – 4825.
NCDEX Tips Today : Soya and Chana
NCDEX Soybean October futures with gained more than 2% is trading at 3940. Castor Seed August futures with up about 2% is reached to Rs 4,300. Seeds and Soybeans have gone up nearly 1.5%. However NCDEX Pepper August futures declined by 0.5%.
Soya Oil September Futures Buy - 785.50, Stoploss – 779.50, Target – 795 - 800.
Chana September Futures Buy - 4750, Stoploss – 4708, Target – 4840 - 4900.
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.