Friday, March 8, 2013

07-03-13 ncdex updates, today gold|silver movement and commodity tips for today

Today precious metal open in positive side, gold open at 29644  , +51 point high to its  previous close. For 5 April contract gold on MCX gold is looking bit positive on early morning and expected to trade positive around 29550 to 29775. While silver is on green side and on intraday it open by crosses the mark of 55000. Mcx silver for 4 may delivery open at 55105 and touch an intraday high of 55225 with a low of 55105 from its previous close at 54968.

Buy gold above 29650 tgt 29680, 29720, 29750………….sl 29550

Buy silver above 55130 tgt 55200, 55300, 55430…………sl 54830

Mcx cotton on intraday for 29 march delivery open at same position to its last close at 1841 and movement is cotton is looking very volatile for today trading.  For intraday delivery cotton is bound in the range of 18310 to 18570.

Buy cotton above 18450 tgt 18470, 18500, 18550………sl 18350

NCDEX calls

Buy castor seed above 3855 tgt 3865, 3875, 3890……… 3820

Buy peeper above 34520 tgt 34540, 34550,34570………….sl 34470

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MCX calls

Sell mentha oil below 1253 tgt 1251, 1249, 1245……….sl 1261

buy nickel above 912 tgt 914, 916, 920…………….sl 904



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