Friday, December 27, 2013

MCX gold silver sluggish | Natural gas prices drop after a good rally

After yesterday gain gold silver fail to continue its positive rally and showing a down trend since opening. Gold trading negative declined by 0.57% to 28414 at Mcx. On evening trading yellow metal expected to trade volatile in favor of bearish trend.

After a long positive rally Natural gas prices declined little on Friday last trading session of the week. On Friday morning natural gas prices drop by 1.11% to 276.40. small correction is expected on evening session Around 279

buy gold feb above 28500 tgt 28560/ 28630/ 28700 sl 28400

buy silver mar above 44800 tgt 44900/ 45050/ 45300 sl 44700

buy nickel dec above 881 tgt 884/ 887 / 890 sl 877

Monday, December 23, 2013

23 Dec Commodity tips | MCX gold silver updates

Today commodity market fumbled in down side on morning hours but looking to come back in positive side with a small fluctuation in market. A high volume supported a bullion market, but open interest not supported a trend .

gold support and resistance for today trading

S1: 28390 , S2: 28300
R1: 28650, R2: 28745

Mcx natural gas prices climbed very rapidly in his month a , in today natural gas gain around 1.40% to 279.90 and for long term trader a good chance to book a  healthy profit in coming weeks.

sell gold feb below 28400 tgt 28370/ 28320/ 28250 sl 28480

sell silver mar 43700 tgt 43620/ 43540/ 43400 sl 43850


Friday, December 20, 2013

MCx report for gold and silver . evening trading tips

Today commodity market open slightly low gold and silver prices open with minor loss in yesterday heavy fall, MCX gold price open with a loss of -2 point to 28360 while silver open at 43866 .
today gold expected to bound in the range of

natural gas again getting the mark on long side after a two day decrements , a sharply rise going to watch in this week above 270 to 280.

a lazy movement are looking in base metal today copper and nickel both are looking in sideways on morning but resistance are break around 890 in nickel and expected 900 level in coming days. In zinc a good rally are expected around 122 to 126.

buy mentha oil dec below 827 tgt 830/ 833/837 sl 823
buy gold feb above 28440 tgt 28480/ 28520/ 28600 sl 28350

buy silver mar above 44050 tgt 44120/. 44200/ 44300 sl 43900


Wednesday, December 18, 2013

Natural gas gain 1.50% at MCX | today MCX gold silver bullish

Commodity market positive after a RBI unchanged monetary review,at MCX natural gas show correction after a two day fall for December delivery , today natural gas gain 1.50% to 268.80. after making this high market fall down to make a low of 263.60 on intraday trading.

After a consolidate trend in nickel market rise to upside , today nickel open at 869.30 on evening session some declined might be seen but trend support a good upper move. However bullion prices move good after a yesterday declined on evening time. On evening session gold prices to look in the range of 28670 to 28900. while silver prices to expected to 44750 in downside but in positive side a good rally are looking in evening trade.

Buy gold feb above 28750 tgt 28800/ 28850/ 28900 sl 28680

buy silver mar above 45100 tgt 45180/ 45260/ 45350 sl 44900


Wednesday, December 4, 2013

Today MCX tips| Evening gold silver tips | MCx copper , nickel level

Gold silver prices following a bearish trend after a positive close of Indian Currency to 62.05 rupees gain +31 paise Vs US dollar. Yellow metal up by +77 point to 29139 . however silver for march contract down by -159 point to 43979 per kg.

Buy gold feb above 29150 tgt 29180/ 29220/ 29300 sl 29050

sell silver march below 43950 tgt 43880/ 43800/ 43700 sl 44150

Buy mentha oil dec above 866 tgt 868/ 871 sl 862

buy copper fec above 446 tgt 448 / 451 sl 441

buy nickel dec above 845 tgt 848/ 851 /855 sl 838

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