77xyIf-8lcvnCZ9HNsTlLBDALNg

Recent Posts

Live SPOT Market rates


Wednesday, January 16, 2013

mcx commodity tips


Commodities continue falling on the MCX after the average early trading session. Yellow metal is moving around 30900 and expected to go more in downwards direction. Today gold movement is very volatile from the opening of the day. While some positive movement had seen in the white metal in the morning trading .Currently silver is moving with on the red side near about 59324. Currently silver lost support level and expected to go more in deep red side.  Some positive movement is expected near 3:30pm in yellow metal.
ALL Base metal showing a red flag today, there is continuing falling in copper, nickel and lead. Nickel is expected to trade low in the down side with a support level of 945 and resistance of 968.
On the MCX, cotton for Jan contracts continue its positive movement and crosses the number of 16300 in the trade. Cotton behave volatile on the MCX, there is lots of unexpected change we saw from the starting of the year.
Mentha oil is on the green side; in the morning trading session mentha oil is working with the red sign. Mentha oil for Jan contracts I supposed to go higher in the left trading session and expected to touch 1360
 today.

Today calls:-

Sell natural gas (28 JAN) below 187 tgt 186, 185,184…………sl 195

Sell lead (31 JAN)  below 123.95 tgt 123.50,123,…………125.80

Buy cotton above 16340 tgt 16350, 16360…16370………16280




0 comments:

Post a Comment

Disclaimer

You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on mcxtipstoday are their own, and not that of the website or its management. mcxtipstoday advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.