Wednesday, February 13, 2013

12-02-13 Intraday MCX| NCDEX calls and commodity tips

On MCX most top commodity is working on other side of green, silver continue falling on MCX.  Today on MCX silver down by more than -300 point against its last close. Gold holding its position between 30550 to 30627 and no high trend is watched from last week. Similar situation is on crude oil; from the starting of week crude oil is loss its control on MCX, it lower demand is continued on Domestic market.  

 intraday MCX tips

Buy crude oil above 5230 tgt 5240, 5250, 5260………… 5200

Sell silver below  57330 tgt 57300, 57250, 57200----…….sl 57450

Sell  gold below  30590 tgt 30560, 30530,30500…… 30680

Sell cotton below 17000 tgt 16980, 16960, 16945………….sl 17060

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Chana on NCDEX for April contract working good in intraday trading , currently chana for 19 April is trading at 3427. Demand on Domestic market is expected to rise in this week.

Buy chana above 3430 tgt 3450, 3460, 3480………sl 3380

Soya bean price were looking volatile from the last week , today soya bean rose by 20 point on NCDEX and  expected to grow with a low positive movement.

 Buy soya bean (20 feb) above 3275 tgt 3285, 3290,3310……… 3040


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