Friday, June 21, 2013

MCX tips : MCX gold tips|| silver tips today || commodity forecast

Today market is looking bearish and not impressive trend had seen since morning at domestic commodity exchange. On intraday trade gold and silver prices are falling down by more than -500 point together. Gold future active delivery open at 26886 on Multi commodity exchange and touch an intraday high of 26957 with a low of 26761. In global market gold prices are following green signal by gaining a 0.64% at 1294.10. In evening trade yellow metal might to some correction at MCX with positive trend. If we talk about other commodity a bearish lazy trend looks on intraday trading on Friday trade.
Intraday commodity tips

Sell gold August below 26770 tgt 26730, 26680, 26600………… 27000
Sell silver July below 40800 tgt 40750, 40650, 40500…………sl 41150

Sell crude oil July below 5690 tgt 5680, 5670, 5050…………… 5750

Sell nickel below 814.50 tgt 814, 813, 810………… 820.50

Future calls

Buy lead June above 119.50 tgt 120, 122, 124……………sl 113

Buy zinc June above 107 tgt 108, 108.50, 109…………….sl 104.50


  In upcoming week bearish trend are looking in domestic commodity market are experienced a negative movement at MCX.  In MCX commodity especially bullion done a  firework on intraday with a movement in both direction, gold is expected to trade below 27450  whereas silver prices are looking to touché 40000 mark soon at Multi commodity exchange.


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