Posted by Naresh Tomar on Friday, September 28, 2012
Crude Oil and Copper Tips MCX Today
Due to Rupee strength domestic market Gold and silver has been sluggish as well as crude oil also seen on pressure. COMEX Gold 0.2% and Silver has gained 0.5%.
Currently MCX gold is trading at Rs 31 260 with decline of 0.3%. While Silver is down 0.2% to Rs 63,000. NYMEX has reached level of $ 92.50 with up by 0.5%. MCX Crude oil is trading below Rs 4,900 with slipped 0.2%. MCX base metals recorded 0.25 to 0.6% decline.
Crude oil October futures Sell - 4920, stoploss - 4980 and target - 4780
Copper Nov Futures Buy - 438, target – 445, stoploss - 435.
Today's NCDEX Commodity Tips :- NCDEX Red Pepper moved up with a rose 1.5% to Rs 5,400. Wheat futures November have gained nearly 1%. NCDEX Chana is trading weakness.
Chana October Futures Buy - 4410, stoploss - 4350 and target - 4490
Soya oil October Futures Buy – 701, target – 708, stoploss – 695.
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.