Thursday, February 7, 2013

06-02-13 MCX-NCDEX tips

 MCX report

ALL Base metals on commodity market is trading towards red flag. This week no positive report is expected from base metal, expected nickel and copper.  On LME base metal falling down in red direction after the European data report.  On Domestic market bullion for intraday trading, showing low trend with some positive move on evening is expected.

Buy gold above 30630 tgt 30660, 30700++……… 30560

Buy silver above 58250 tgt 58300, 58400++……… 58100

Buy mentha oil above 1320 tgt 1325, 1330, 1335……….sl 1295

Buy cotton above 16640 tgt 16650, 16670, 16700…………sl 16550

Sell lead below 129.75 tgt 129.50, 129.20, 129…… 130.50

NCDEX Report

On NCDEX turmeric for 19 April delivery looking positive for intraday trading some huge hike will be expected from it. Jeera and pepper both are showing low trend on NCDEX and oscillator showing a sell position.

Buy turmeric above 6375 tgt 6385, 6400,6420…………sl 6350

SELL JEERA MAR BELOW 13480 TARGETS 13470 , 13450,13430………sl 13525

Sell pepper below 39070 tgt 39050, 39030,39000……… 39135


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