Monday, June 16, 2014

Mcx commodity intraday gold tips| Ncdex monday updates

MCX crude oil prices have gone beyond Rs 6,400. International markets faster and weaker crude oil prices took support is Rs. The weakening of the rupee against the dollar has risen today. Natural gas prices rose nearly 1 per cent on MCX is trading at Rs 287.3.
MCX gold price has risen to Rs 27,000. Also, with a gain of 1% silver is trading above Rs 42,000.
Base metals have also gone up. All metals have increased by 0.5-1% on MCX. Metals have received support from a weaker rupee. Copper rose nearly 1% to Rs 405. Lead rose 0.5% to Rs 125 to Rs. Aluminium 0.6% , 0.9% nickel and zinc declined 0.3% .

Chana futures have increased strongly. NCDEX chana June futures rose nearly 1% to Rs 2,900 to Rs 2,800 and above July futures are traded. Monsoon in kharif pulses cultivation areas is lagging prices took support. Gram price is still significantly below the MSP.

Mcx gold sell 27000 targets 26900/26800/26600 stoploss 27290


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