Tuesday, April 15, 2014

Mcx silver buy today| Crude oil under pressure| Mcx commodity market down today

Mcx commodity market continue with its down trend, all commodity seen in negative zone. Mcx gold and silver metal going to down side with heavy prices. Mcx silver down above 1 % or rs 471 at 42758.

Crude oil has also come under pressure . The U.S. Energy Department report came yesterday , which says that U.S. crude oil production increased in April and may . MCX crude oil slipped 0.75 per cent at Rs 6235 has come down . With marginal gains of 0.1 per cent , while natural gas is above Rs 275 .

The decline in base metals . Copper prices fell 0.5% and the price has come down to Rs 405 . Nickel has the largest decline , down 3.5%, which is close . Although the nickel price remains above Rs 1,000 . 1% of aluminum , lead and zinc 0.6% to 0.7% is looking weak . The dollar rally has put pressure on the MCX and has had an impact on domestic market .

BUY SILVER Above 42715.00 T1- 42986, T2- 43086, T3- 43186 stoploss 42501


Post a Comment


Blogger news

You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on mcxtipstoday are their own, and not that of the website or its management. mcxtipstoday advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.