Friday, January 3, 2014

Mcx commodity gold trading tips|copper mcx tips

Today commodity market going to red side after yesterday bullish trend. Not such a big rally seen in Gold and silver.Silver prices trying to jump high but the pressure of  Indian rupee looking in commodity market Rupee extended its losses fell by 15 paise 62.41 per dollar.
Gold trade high from its open, Gold trading at 29215.00 up with 247 points or 0.85%.While silver started at bit down points from close but good small cover seen in silver at evening session.

Buy Nickel target 882/892 stoploss 855

If we watch out Mcx copper short declines seen in this week copper trading at 45535.00 it touched intraday high level 45632 and intraday low of 45214.

Sell copper target 465/464/462 stoploss 475



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