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Friday, March 15, 2013

today MCX live trading tips and ncdex updates


Today India ‘s  MCX commodity market open with mixed movement but as day passes all green sign turn towards red side . On MCX silver for 4 May delivery falling down by more than -400 point and this is a huge depreciation on Wednesday trading till afternoon.  No positive aspects are looking in silver right now but may be some positive movement will see in evening.  While MCX gold in morning moves in green side but due to lower supports it fall on MCX.

Sell gold below 29330 tgt 29300, 29250, 29200………..sl 29460

Sell silver below 54350 tgt 54300,  54200, 54150……..sl 54550

MCX tips

Buy crude oil above 5030 tgt 5040, 5050, 5060……………….sl 5000
Buy cotton above 18700 tgt 18730, 18760, 18800…….sl 18600
Buy nickel above 925 tgt 928, 930, 933……..sl 917

NCDEX UPDATES

On ncdex chana prices for 19 April delivery are showing bearish trend on morning it open at 3421 and go bit high and touch an intraday high of 3428 and a low of 3882.

Sell chana (19 April)  below 3380 tgt 3370, 3360,3350…….sl 3410

Sell chilli (20 march) below 6660 tgt 6650, 6630, 6600…………..sl 6720

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