Posted by Naresh Tomar on Tuesday, September 18, 2012
MCX base metals beginning strong today however currently Aluminum and Nickel witnessing slowdown while Copper, Lead and Zinc are traded on edge. Lead is about highest gain of 0.5%.
Base Metals Tips Today Copper and Nickel
Copper Sell - 445, stoploss -446, Target -442.
Nickel Sell – 985, Target -950, stoploss – 999 .
MCX Updates Gold Silver and Crude Oil
Today Domestic Market Gold and silver are began weak. MCX Gold with weakness of 0.15% is trading at Rs 31 771 while silver broke 0.15% and come at 63 664 level.
Crude Oil beginning is with fall today. Currently domestic market Crude Oil with slipped 0.25% is trading at Rs 5262 however NYMEX Crude oil has seen light strong and is at $ 97/barrel. MCX Natural Gas with decline by 0.70% is trading at Rs 156.5.
NCDEX Commodity Tips :- NCDEX Castor Seed is seen around 1% up. Chana September futures are trading with 0.5% faster. Corn December futures have already been 4% lower circuit. Maize January, October and November futures are trading at 3% decline. Soybean February futures have dropped nearly 3%.
Soybean October futures Sell -3 680, Target -3600, stoploss -3730.
Cumin October futures Sell -14 500, stoploss -14 680, Target -14 200.
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.