Today on MCX good trading session is being watched on day trading, on intraday trading gold for future delivery edge up with an increment of +228 point at Multi commodity exchange. Similar trend is also watched in white metal in day trade for future delivery, in today’s trade silver move high more than +400 point and touch a day high of 44018. On intraday trade more increment is expected in evening trading session. Gold prices in MCX are very close to week high and expected more increment in august traded delivery. Whereas on global market gold prices are fall in downside in afternoon trading by 0.02% and comes to $1391.30.
In energies and base metal positive flag watching with a mixed reaction, in domestic market crude oil are followed in positive side but in international market it traded in downside by falling -0.10% to 92.66 due to weak global physical demand.
In evening trade natural gas and crude oil are looking to trade in green with more increment in for active trading delivery at Multi commodity exchange.
While mentha oil look to replicate in same fashion trend in downside in evening session with some mixed watch.
Intraday trading tips
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Buy gold above 28050 tgt 28080, 28130, 28200………..sl 27800
Buy silver above 44000 tgt 44050, 44150, 44300………..sl 43650
Buy lead above 122.50 tgt 122.80, 123. 20, 123.50……….sl 121
Buy nickel above 828 tgt 830, 832, 835………..sl 820
Buy cotton above 19150 tgt 19170, 19200, 19220……….sl 19050
Tuesday, June 18, 2013
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