MCX Gold and silver traded are weak. MCX Gold light down at Rs 29 776 while silver is seen trading flat at Rs 53 237. International Market Gold weak while silver has seen slight edge.
MCX Gold Tips Today :- Gold Buy - 29 740, Target -29 900, Stoploss -29 650.
Mcx Base metals is under pressure situation. Aluminum, Nickel, Lead and Zinc are trading with declining. Although Copper is currently rose marginally 0.20%.
Copper Tips Today :- Copper Buy - 421, Stoploss -418, Target - 427.
Crude oil have gone up today. MCX and NYMEX Crude Oil is trading with gain of nearly 0.5%. MCX Crude oil has shot up to Rs 5,000. However it demand seems to some ambiguity.
NCDEX Updates :- NCDEX Soybean October, November and December futures are seen down by 2.5-3%. Turmeric August and October futures lost 2.5%. While potatoes September futures are trading with strength of 1%.
MCX Gold Silver Tips for Today :- Gold and silver continues to weaken traded. COMEX Gold light down is trading at Rs 29 765 while silver is slow at Rs 53 278. International Market gold minor while silver has seen strength of 0.5%.
Gold August Futures Buy at 29,765 with the target of 29,880 – 29,950 and stoploss -29 680.
Silver September futures Buy above -53 200, with stoploss of -52 950 and target is 53,700 – 53,950.
MCX Base Metals Tips Today :- Base metals are trading with gains. Nickel has seen strength of half per cent. Copper, Lead and Zinc surged to 0.25% although Aluminum is range bound trading.
Copper August futures Buy above 419.70 with the target of -423-425 and stoploss is 416.90.
Zinc July futures Buy above 101.50, Stoploss – 100, Target – 102.60 - 103.50.
Lead July futures Buy above – 104.70 with target of 105.80-160.70 and Stoploss -103.80.
Nickel July futures Buy above – 888, stoploss -875, target -53,700.
Crude Oil Tip :- International crude oil has been purchases from lower levels but MCX crude oil is trading with decline. MCX Crude oil with slight fall is down to Rs 5,000. Crude Oil August Futures Buy above - 4 990, Stoploss - 4 960, Target - 5045- 5070.
MCX Gold Silver Tips
MCX Gold and Silver is sluggish today. Gold with light decline of 0.10% is currently trading at 29420 while Silver with 0.20% weakness is trading at Rs. 52818. COMEX Gold Silver also down.
Gold Buy at 29,380, Stoploss -29 300, Target - 29 550.
Silver Buy – 52,600, Target -52,950 – 53,100, Stoploss - 52 250.
MCX Base Metals are mixed traded. Copper half per cent while zinc is seen more strongly by 0.5% while Lead also showing slight edge of 0.20%. However Aluminum and Nickel remains in pressure situation.
MCX Copper and Nickel Tips
Copper Sell - 424.5, Stoploss - 427, Target – 417.
Nickel Sell - 895, Target – 865, Stoploss - 905.
Crude Oil Trend :- After largest decline of this year now international market Crude Oil price is come at lower level of last week. NYMEX Crude Oil September futures traded on decline. Crude Oil price delined due to China's poorly figures and deteriorating situations of Europe. MCX Crude Oil is also trading with weakness. MCX Crude oil with decline by 1% is once again came down to RS. 5000.
NCDEX Castor Seed November futures leaping of 2.5%. Red Chilli August and September futures also are trading with edge of 1.5-2% However Cotton Khali August and September futures broken up 3% while Soybean August, November and December futures recorded weakness of 3%.
NCDEX Agri Commodity Tips for Today
Chana Buy 4750, Target - 4 830, Stoploss - 4 720.
Soy Oil Sell - 794, Stoploss -799, Target -790 – 785.
Black Pepper Buy 43,250, Target - 44 000, Stoploss - 42 800.
Cumin Sell - 16,100, Stoploss -16 190, Target -15 800.
Bullion Gold Silver updates :- MCX Gold on edge while Silver is trading with lethargy. gold currently at Rs 29 383 with strength of 0.35% and silver is flat and trading at Rs 52 862. International markets gold and silver are trading with weakness. silver is down 1%.
MCX Crude Oil Tips :- Crude oil remains early weakness. Crude Oil is trading at Rs 5054 with fell by 0.75. NYMEX crude oil prices declined by about 2%. Although prices are currently $ 90/ Barrel.
Crude oil Sell -5 070, Stoploss -5 100, Target - 5,000.
MCX Base Metals business is weak today Nickel and lead are seeing decline of 0.5% while copper prices declined by 0.30%. Aluminum slight increase while zinc business is flat.
Copper Tips Today :- Copper Sell -423, Stoploss – 426, Target - 415.
NCDEX Commodity Updates :- NCDEX Turmeric August, September and October futures are trading with gain of 3%. Castor seed November futures have jumped 2%. Cotton cake August and September futures fell 3% while soybeans November December futures are trading with 2% down.
Crude oil have gone up today. MCX Crude Oil with gain of 1% is trading at Rs 4864. NYMEX Crude Oil price has reached the upper levels of last 7 weeks. Crude oil prices being seen jumped despite of Rupee strength. U.S. Energy Department report is coming tomorrow.
MCX Crude Oil Tips :- Crude oil Buy - 4 845, Stoploss - 4 810, Targets - 4890 – 4920.
MCX Gold Silver prices have seen up today. Gold with gain of 0.30% is trading at Rs 29 363, while silver is up 0.40% to Rs 52 948. International Market Gold Silver are traded flat.
Bullion Commodity Gold Silver Tips for Today 17 July 12
Gold Buy -29 230, Stoploss - 29 150, Target - 29 350.
Silver Buy -52 700, Target - 53 400, Stoploss - 52 300.
MCX base metals being seen mix trend. Copper is trading with gain of 0.5% although LME Copper has seen slowdown. Nickel and Lead rose slightly while Aluminum and Zinc are showing lethargy.
Base Metals Copper and Lead Tips
Copper Buy - 425.5, Stoploss - 422, Target - 429.
Lead Buy - 104.3, Target -106 , Stoploss -103.3.