Tuesday, October 8, 2013

08/10/13 MCX evening tips || today Gold silver looking volatile on evening session

Dollar gain continuously on second day at Interbank foreign exchange favor Indian commodity market to jump in market. Today on intraday trading most commodity are trading in green side at Multi commodity exchange. Mcx base metal looking to fire on evening trade,today MCX lead for future delivery gain 1.81% to made a high of 129.15 and expected more firework on last session. However, nickel, copper and zinc also up by more than 1% and looking in good position on intraday trading.

Today Mcx gold and silver trading quite low in first two session but gain in dollar boost precious metal prices on evening session. Mcx gold and silver for delivery in December expected to trade volatile on evening session. 

Sell gold dec below 29550 tgt 29500/ 29450/ 29400 sl 29700

sell silver dec below 49650 tgt 49600/ 49500/ 49300 sl 50000

sell crude oil oct below 6430 tgt 6420/ 6400/ 6370 sl 6460 


  1. At 10:00 am Nifty October future derivative traded near at 6042.95 down 0.09%, touched intraday high at 6065.95 and low at 6026.00. Open interest gain is 2.30%. Nifty Calls, Stock option Tips for Wednesday

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