Wednesday, August 14, 2013

14/08/13 Commodity tips for today || intraday live mcx tips & afternoon commodity trend for today

Today commodity market showing a bearish trend in top commodity , due to increase in Import duty and strong US economic data, gold silver prices fluctuates in domestic MCX market.
On intraday trading at MCX for future delivery gold prices open in positive side at 28900 while silver prices open at 46247 bit low against its previous close. Today movement is market is low if we talk about crude oil for future delivery it seems more lazy and negative on intraday trading for afternoon session. Today at MCX it open at 6548 bit low form its last close and expected to trade with bearish trend. MCX base metal are trading quite low , today MCX copper and nickel are open in downside on Wednesday morning. Copper and nickel prices are trading flat low and expected a negative trade of afternoon session. Similarly lead , zinc and aluminium price are trading in bearish side at MCX.

SELL GOLD OCT BELOW 28830 TGT 28770, 28700, 28640 STOPLOSS 29000

SELL SILVER SEP BELOW 46000 TGT 45950, 45870, 45700 STOPLOSS 46290

SELL CRUDE OIL AUG BELOW 6540 TGT 6530 , 6520, 6500 S TOPLOSS 6575



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