Friday, June 7, 2013

Rupees depreciate at IFE || Evening MCX gold silver tips|| today Live trading call and tomorrow commodity trend

Rupees falling session continue on Friday too, today it touches a low of 57.06/07 against US dollar. Rupees are very near to its historic low since July 2012 old 57.32. However it is a matter to be worried for Indian economy. Due to certain falling in rupees and weak global export, import of crude oil and coal are going to be expensive.
 At MCX market, commodities are trading on green side but movement in low in bullion. On other hand base metal show some correction a good trading had seen in afternoon trading in nickel and copper while lead, zinc show a little gain.
If we are talking about energies natural gas, mentha oil and crude oil are all watching in green side and expected to trade in bullish side with a low demand. Today mentha oil crosses the level of 1000 and touching a high of 1005 with a low of 985.80. More correction is being seen in mentha oil at global and domestic market.
Gold future edge up higher at MCX and very closes to 2 month high whereas due to increase in import rate and monsoon gold physical buying in reduced at Domestic market. On intraday trade it touches a high of 28017 with a low of 27808 for August delivery.

Today trading call

Sell gold August below 27950 27920, 27850, 27800………sl 28150

Sell silver July below 44450 tgt 44400, 44300, 44200………….sl 44700

Buy natural gas June above 219.50 tgt 220,  , 221 …223…………sl 215

Buy lead june above 125.50 tgt 125.80, 126.10, 126.50……… 124.50


 Tomorrow gold silver prediction

As fall in rupees metal are trading low and bearish movement must be seen in tomorrow trading. Gold and silver are expected to fall whereas base metal; are trading with a mixed low movement. In energies especially in crude negative trend are looking with near to 5330 in upcoming week.


  1. Today whole indian stock and commodity market trading in single color(red), Forex Rupee down again all currencies USD, GBP, JPY and EUR gain by 34,56,63 and 46 paisa respectively while MCX bullion metal gold down 1.50 per cent and silver down 2 per cent. All market news and updates also get trading idea STOCK TIPS INDIA and TOMORROW STOCK TIPS

  2. tomorrow indian stock market trend looking sidways in range of 6235 and 6195.0, get more calls click on TOMORROW STOCK TIPS and TODAY NIFTY TIPS



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