Monday, January 19, 2015

Commodity Market: Gold Cross 27700 in futures trade

Gold Prices are likely to trade in a positve side. Gold prices in the international market for the past 4 months after mild pressure on the upper level. Despite stronger rupee in the domestic market in gold is bullish. Taking positive clues from the global market, Gold prices rose by the Rs. 101 to 27718 per 10 grams in future trade with above 64 points or a percent of 0.23 change. It touched a high of 27700 and a low of 27630 in trade today. 
At the multi cmmodity Exchange, Gold for delivery in far month April contracts was up by Rs. 101 or percent of 0.23 to Rs 27,700 per 10 grams in a business turnover of 86 lots.

In the National Capital, Copper mixed scraped added to rs. 3 to 400 per kg. Zinc in got Rs. 129.7, Lead got 114.6, Alunminium in got at rs. 112.6. Nickel got rs.903.2 opens with 905 touched a high of 908.6 and a low of 898.6. Also MCX Gold April contract was trading at Rs. 27570 down Rs. 37 or a percent of 0.13 change.

SELL GOLD At 27718.00 with STOPLOSS- 27718.00, Market alot-10

SELL SILVER At 39137.00 with STOPLOSS- 39128.00, Market alot-1

MCX NCDEX Investment Advice:
Castorseed NCDEX(February Contract)- SELL 4440, STOPLOSS- 4550 and TARGET-4250.

Crude oil MCX(FEB. Contract)-BUY 3030, STOPLOSS- 2990 and TARGET- 3100


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.