Thursday, August 1, 2013

Today lead prices bullish At MCX meanwhile natural gas looks bearish| Evening commodity gold silver Trading level

On morning trade some depreciation had seen on white metal, today silver prices at Mcx for future delivery declined by more than 0.59 percent and touch a low of 41230 meanwhile some increment also has been watched on yesterday closing price of 41520 to 41548. on evening trade a mixed with high volume is expected above 41500. if we talk about yellow metal some notably changes had seen in overseas and domestci market , inspite of Dollar and Rupees Level gold prices climb in domestic market and many analyst believe that gold prices soon in this year touch the mark of 30,000. Today on intraday trading gold prices touch an intraday high of 28400 with a low 28064.

if we move towards energies commodity some increment are seen in Crude oil prices , today at MCX for future delivery crude oil open at 6414 , on intraday trading it touch a high of 6453 . however, today natural gas are trading in downside with a negative trend and touch an intraday low of 208.40 . on evening trade some correction are looking in natural gas at MCX.

On base metal a high increment are seen on the opening of month , today lead price touches an intraday high of 125.80 . on evening trade more correction are expected in copper and lead , today copper price at MCX touches a high of 424.15 after open at 421.55. today nickel prices and trading with mixed trend on intraday trading it touch high level of 852 and low of 844.50, on evening trading session same movement is expected at Multi commodity exchange.

Intraday Mcx tips

SELL GOLD AUGUST BELOW 28300 TGT 28250, 28200 , 28150 STOPLOSS 28430

SELL SILVER SEPTEMBER BELOW 41450 TGT 41380, 41300, 41200 STOPLOSS 41600


BUY LEAD AUGUST ABOVE 127.60 TGT 128, 128.50 , 129 STOPLOSS 125.20


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