Today commodity market looks in a good trend, especially the
hot commodity gold and silver expected to bounce back in the market. Gold for June
delivery open at 26140 against its previous close 26088. For today trade gold
is expected bullish with small jumps in market.
Support: 25800, 25700,
25650
Resistance: 26300, 26500
MCX silver are looking very volatile for today trade, silver
for July delivery open at 43054 its last close is Rs 43263. Today in early
trade of first hour it touch a high of 43212 and expected more up on intraday
trade.
Support: 43000, 42810,
42650
Resistance: 43700, 44000, 44200
After the positive reaction by bullion in domestic market MCX
crude oil also seems to be positive. At MCX on early trade crude oil open at
5345 bit down against its last close at 5350. For today trade crude oil is experienced
a good movement at MCX in green side.
MCX base metal are looking on a good side, today MCX copper
open at low red side but good recovery
had seen in copper after open it at 408.55 whereas it last close is 409.
FOR FREE TRIAL FILL FORM
After a week MCX nickel are going to free its hand, in
domestic market nickel for May delivery open at same position where it is close
at 827.90. for today trading nickel is going to trade on green side with a high movement.
Lead price are rising with a small step on MCX, today it
open at 111.85 some point down to its last close but trend supporting a open
interest on domestic market.
On Tuesday morning Mentha oil open at 970 against its last
close at 962.40, this week mentha oil looks more positive and bullish with a strong
trend. On today trading it gain more than 3% and crosses the mark of 1000 and experienced
to move on with green flag.
Today MCX calls
Buy gold June above 26270 tgt 26300, 26350,26400…………sl 26040
Buy silver July above 43400 tgt 43500, 43600, 43700………….sl
43100
Buy crude oil June above 5360 tgt 5370, 5380, 5400………………….sl 5320
Buy nickel above 832 tgt 834, 836, 840……………sl 824
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