MCX and NCDEX Tips For Today 29 May 12
MCX Tips For Today :- Due to Rupee weakening Gold and silver is seeing strength today. International Market Silver has been broken while Gold is seen slight edge. NYMEX Crude Oil around 0.5% up is trading around $ 91. MCX Gold is trading at Rs 29 020 with 0.2 % up while silver has gone up nearly 0.5% and is trading at Rs 54 535. MCX Crude oil is approaching at Rs 5,100 with strength of 0.3%. MCX base metals have gone up to 0.25%.
Gold June Futures, Buy - 28 820, Target – 29050, Stoploss - 28700.
Nickel
June Futures, Buy - 935, Stoploss – 923, Target – 950.
Crude
oil June Futures, Buy – 5030, Target – 5100, Stoploss - 5000.
Silver
July Futures Buy - 54 300, Stoploss - 53 800, Target –
55000.
NCDEX Tips For Today :- NCDEX Chana is continues
to be strong today. Chana October futures with strength 2.2% is
trading at Rs 4,600 but Potatoes wheat and Pepper declined by
0.5%.
Soybean June Futures, Buy – 3260, Target – 3330,
Stoploss – 3230.
Pepper June Futures, Sell - 40500,
Stoploss - 41,000, Target – 39500.
Jeera June Futures, Sell
- 12700, Stoploss - 12850, Target – 12200.