Posted by Naresh Tomar on Monday, September 24, 2012
Commodity Updates :- International markets weakness and strong Rupee against Dollar has also put pressure on Gold – Silver as well as on Crude Oil prices. Rupee against Dollar is trading at 53.23. COMEX Gold around 1% Silver about 2% are weak. NYMEX Crude Oil slipped 0.5% and is trading at $ 92.25. LME Copper declined by 0.5%.
MCX gold is trading at Rs 31 325 with weakness of 0.6%. silver slipped 1.5% to Rs 62 370. MCX crude oil slipped 0.5% and is trading at Rs 4940. MCX base metals declined by 0.5-1%.
MCX Copper Tips :- Copper Nov Futures Buy - 445, stoploss – 448, target – 440.
Base Metals Zinc Tips :- Zinc September futures Sell – 111.30, target – 109.70, stoploss – 112.30.
NCDEX Agri Tips :- NCDEX Sugar with jumped of 0.3% is around Rs 3,600. However NCDEX Soyaoil with decline of 3% is trading at Rs 690. Soybean November futures also dropped 3% and has arrived to Rs 3325.
Soyaoil October futures Sell - 713, stoploss - 717 and target - 705
Turmeric October futures Sell - 5670, target – 5580, stoploss – 5735.
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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.