MCX Gold Tips :- Intraday gold had dropped to about Rs. 250 but fall in rupee has been reduced down to sleep. Currently MCX gold with lower about 0.3% is trading at Rs 29 890. While MCX Silver is 0.5% fall to Rs 52 615.
Gold August Futures Sell - 29900, Stoploss - 30 100, Target - 29 500.
MCX Crude Oil Tips :- Crude Oil continues decline today. domestic market crude oil price lost by 1.5%. Decline in international market and Rupee is strong create pressure on Crude Oil prices. MCX crude oil is trading at Rs 4,530. MCX Tips Free Trial
Crude oil April Futures Sell - 4570, Stoploss – 4615, Target – 4498.
MCX Base Metals Updates :- Base Metals is now down deeper. MCX Nickel and lead to decline of more than 1%. Copper, Aluminum and Zinc are seeing weakness of nearly 1%.
Crude Oil Trend Today :- Crude Oil has seen sharp decline today. MCX crude oil prices 2% dropped has come down to Rs 4,600. crude oil prices remains on pressure due to in meeting of Federal Reserve no announced Qi 3. United States have seen huge gains in crude oil reserves. United States crude oil stocks record rose last 22 years in week. NYMEX Crude oil dropped 1.30% is trading at $ 80/ Barrel.
Base Metals are traded with decline. Copper and Nickel were down 1% while lead and zinc are seeing decline of 0.5%. Aluminum recorded weakness of 0.20%.
Bullion Gold Silver Trend :- Federal Reserve decision effect also being seen on gold and silver prices. domestic market gold broken Half per cent while silver dropped 1% is trading at Rs 54,000. International market Gold Silver has declined strongly.
MCX Gold Silver Tips Today
Gold August Futures Buy Rs -30 150, Stoploss - 30 050, Target -30 207.
Silver July Futures Buy - 54 000, Stoploss - 53 800, Target - 54 680.
NCDEX Commodity Trend :- Oil seeds declined today. NCDEX Mustard and Soybean prices have dropped around 1-1.5%. International market Mustard and Soybean seen selling pressure . While in country this year cultivation of oil seeds reduction by 30%. Sugar July futures have been up to Rs 2,900. international market sugar prices stand fast. Although sugar production level is projected to decline.
Cumin July Futures Sell -13 600, Stoploss -13 750, Target - 13 300.
Black Pepper June Futures Buy - 40 050, Stoploss - 38 700, Target - 41 000.
Sugar July Futures Buy RS -2 905, Stoploss - 2 900 , Target -2 920.
Domestic Markets gold and silver are being witnessed this the impact of slowdown in international Markets. NYMEX Crude Oil linger has weakened to MCX Crude Oil. Domestic Market base metals seems much pressure.
MCX Silver light fall and become flat is trading at Rs 4930 and Gold is flat today and trading at Rs 30 240. MCX Crude Oil with 0.25% down has come to Rs 4740. MCX base metals have declined by 0.25%.
MCX Gold Silver Tips
Gold August Futures Sell - 30 200, Stoploss - 30 340, Target – 30000.
Silver July Futures Sell – 54500, Target - 54 100, Stoploss - 54 750.
MCX Gold and Silver Intraday trading Levels for Today are
Gold :- Resistance – 30700, 30500, Support – 30000, 29800.
Silver :- Resistance – 57000, 55800. Support – 53500, 52500.
NCDEX Commodity Trend :- NCDEX red pepper with 1% weakness is trading at Rs 4930. Wheat futures August has dropped 0.5% to Rs 1,180. NCDEX Soybean August futures with 2.5% jumped is trading at Rs 3,670. Castor seed is also up by 2.5% to Rs 3,435 and Potato September futures rose 3% close to Rs 1,250.
MCX Bullion Tips :- Gold prices have reached record levels. Gold spot and futures have been up to Rs 30 400. Silver is also a strong trend. MCX Silver with gain of 0.25% is trading up above Rs 55,000.
Silver July Futures Buy - 55200, Stoploss – 55000, Target - 55 750.
Gold August Futures Buy - 30 350, Stoploss - 30 290, Target - 30 470.
Crude Oil Trend for Today :- Crude oil has come under pressure again. despite of weakening Rupee MCX Crude Oil is dull. while NYMEX Crude Oil has lower levels of 8 months and ICE Brent Crude has lower levels of 16 months. Crude oil has come under pressure due to Federal Reserve is meeting Today. Currently MCX Crude oil is trading at Rs 4660 with lethargy. MCX Tips Free Trial
MCX Gold and Crude Oil Tips :- crude oil With 0.5% jumped is trading around Rs 4,700 . MCX base metals is looking strong by 0.5%, but copper is on pressure.
Crude oil June Futures Sell - 4700, Stoploss - 4760, Target – 4600.
Gold August Futures Sell - 30 200, Stoploss - 30 370, Target – 29900.
Gold Trend Today :- International Market Gold prices touched peak of $ 10,000 in next 10 years. Now International Market Gold price is around $ 1,620/Oz. But today Gold has become sluggish. After five days up trend now Gold seems some weakness. MCX Gold is on pressure despite of Rupee weakness against Dollar. currently MCX Gold is trading at Rs 30 180 With 0.1% up. MCX Silver is trading at Rs 54 510 with marginal decline.