Tuesday, April 22, 2014

Tuesday Mcx crude oil trend and tips| Mcx gold prices| commodity trading lead calls| base metal updates

Gold and silver bullion market is extremely sluggish today . With a marginal gain of 0.1% at MCX gold is trading at Rs 28,648 . The silver remains above 0.2% to Rs 42,375 .
Base metal is idling . But Nickel prices have increased strongly . MCX Nickel prices rose 1.94% to Rs 1100 have run across . About 15% during the month nickel prices have been rising strongly .

In terms of the other metal Copper is trading around 0.25% to Rs 407 . Although aluminum 0.3% , 0.25% lead and zinc has gained 0.4%.

Crude oil has a slight edge . MCX crude oil prices have risen to Rs 6,300 . Although natural gas is idling . MCX Natural gas which is flat, but the price is above Rs 285 .

Mcx crude oil buy 6320 target 6329/6349/6369 and stoploss 6295

Mcx lead buy 130.50 target 131/131.50/132 stoploss 129.50


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