Monday, September 2, 2013

02/09/13 MCX tips: Today MCX commodity movement is volatile || gold silver prices looking to volatile on evening

After morning bearish trade commodity market are on the way of correction. Top metals are trading low volatile and expected to trade volatile for today session at MCX. Crude oil, gold , silver all are trading quite low with a bit volatile. Crude oil prices for future delivery are trading below 7100 but after opening at 7190 per barrel.crude oil for future delivery expected to bounce back in the market
on the evening trade.
 At MCX yellow metal for future delivery open at 32815 and touch a low of 32426 per 10 gram. While silver prices touch a low of 51099 after a big fall at MCX against its previous close of 53212 per kg. On evening trade bullion seems to volatile will if rupees closed then might be trade bearish.

MCX tips Today

SELL GOLD OCT BELOW 32675 TGT 32625, 31550, 31475 STOPLOSS 54875

SELL SILVER SEP BELOW 54000 TGT 53900, 53800, 53500 STOPLOSS 54500

SELL CRUDE OIL SEP BELOW 7100 TGT 7080, 7060, 7020 S TOPLOSS 7175



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