MCX commodity trend in upcoming week || MCX- NCDEX reports || Live MCX rates and tips for Monday 1 July

MCX Market report

In global market bullion prices are  fall by more than 15 percent in last weeks after fed chairman report that central bank reduces its $85 million monthly bond purchase this year.  In domestic market gold prices comes under 26000 this week after a sharp fallen on Wednesday at MCX.   This week gold prices open in downside but expected to close in green side around 25690.  Meanwhile more fallen are goes to seen in future delivery at MCX in upcoming weeks. In MCX silver a huge destruction had seen in this week and more fallen are expected in upcoming week, currently silver support a strong negative trend on day trading and in upcoming week expected to play below 40000 near 38500.

 Sell gold below 25500….

Sell silver below 40100….. For target and STOPLOSS FILL TRIAL FORM.

MCX energies are trading in with a mixed movement in this week, moving to crude it crosses the mark of 5800 on intraday trading while mentha oil playing with a mixed trend and trade in the range of 975 to 1030. This week crude open with a green flag around 5700 and currently its traded on negative side around 5766 at 12:40 pm. But in upcoming week energies are looking with a volatile picture for active session on 3^Rd quarter that going to open from Monday. If we talk about natural gas it seem to be bearish in this week around 212, but increment in dollar against all major currencies support energies in domestic MCX market.

Base metal are trading at negative side on Saturday, MCX copper, nickel, lead, zinc all are suffering with a low monsoon physical buying.  Demand in industry drop due to increment in metal import rates and investor are stepping with a slow movement on electronic buying at MCX commodity market. If we talk to global market china market trading sequentially soften in second quarter. At LME copper are trading marginally higher at $ 6763.50.  In lead and zinc are improvement are looking in upcoming on global market.

NCDEX

In NCDEX some season increment going to seen in jeera, potato, castor seed and chana in the big script. Meanwhile good trends are being watched on coriander a price that’s trading around 6440-6570 for active delivery.  In upcoming week god market swings is expected and have a good time to trade in Coriander, jeera, potato, castor seed.

  

MCX gold silver trading level || Evening MCX buy sell tips || live gold silver rates and MCX chart

Bullion

Gold price in global market hit a record low and comes below $1200 on Friday since August 2010. On spot market gold hit a low of $ 1180.71 an ounce. If we talk about domestic MCX market gold prices are trading flat bearish from its opening position 25247 for future active contract on intraday trading it touch a low of 24970, more depreciation are looking in evening session. Dropping in dollar against Indian currency fells gold price in domestic market. Moving towards white metal it trading against yellow metal with positive flag, on intraday trading at MCX silver prices are looking in good level but a fluctuation in silver prices are looking in evening trading session for future trading.

Energies

Crude oil and mentha oil are trading just in opposite direction, mentha oil are in positive direction after opening at 982.70 but on other hand crude oil  are looking in red side. Today at MCX crude oil open at 5840 and touched an intraday low of 5805. More depreciation is expected in crude oil with some correction in remaining session.

Base metal

MCX nickel, copper all are in bearish node for future delivery, today copper touch a low of 400.45 on intraday traded after opening in negative side at 402.65.

Nickel fall more than 10 point on intraday trade and touch a low of 818.50.

Lead touches a low of 121.50 and expected to trade more in deep red side.

Today MCX tips

Buy silver July above 38950 tgt 39000, 39100, 39250…..sl 38600

Sell gold August below 24990 tgt 24960, 24900, 24850… sl 25190

Sell crude oil July below 5805 tgt 5800, 5790, 5780…sl 5830

 Buy mentha oil June above 995 tgt 998, 1002, 1005… sl 975

Sell lead July below 122 tgt 121.50, 121, 120.50 ..sl 124.50

Today Indian share market top gainer & loser || Evening MCX tips for today|| live MCX prices

Correction in rupees while MCX commodity turn to bearish point, gold and silver looking to again its low on this quarter and expected to more fall in evening trade.  If we talk overall market MCX with red flag.  In morning trade a fluctuation in seen in top commodity but as day passes green shade turn to red color. Global US strong economic data forces Asian market in downside, meanwhile global crude oil prices and gold price playing in negative side.

Some correction are looking in base metal especially in nickel in domestic market, similar trend also might be energies.

MCX calls

SELL COPPER JUNE BELOW 405.50 TGT 405, 403, 400 SL 410.50

SELL NICKEL BELOW 826.50 TGT 826, 823,820    SL 832

GET MORE MCX & NCDEX TIPS BY FILL TRIAL FORM………..ALSO KNOW TOMORROW 

COMMODITY GOLD SILVER TREND

INDIAN SHARE MARKET TOP GAINER

Shimoga Technologies	T	0.02	0.03	+ 50.00
Vyapar Industries	B	34.80	41.85	+ 20.26
DQ Entertainment (In	B	5.75	6.91	+ 20.17
ObjectOne Inform	B	32.55	39.00	+ 19.82
Next Mediaworks	B	2.10	2.47	+ 17.62

INDIAN SHARE MARKET TOP LOSER

Sutlej Textiles & In	B	217.00	149.95	-30.90
Sagar Productions	T	0.04	0.03	-25.00
Hanung Toys & Textil	B	102.60	82.45	-19.64
Sun Techno Overseas	T	0.06	0.05	-16.67
NRB Industrial Beari	B	8.66	7.49	-13.51

27 June intraday MCX tips || gold support and resistance || live MCX, silver price

Yesterday worst session taking a break on Thursday morning most traded yellow metal for future delivery open at 26151 for August delivery at Multi commodity exchange. On morning trade MCX gold price expected to trade on bullish side with a positive session.

S1: 25950, S2: 25800

R1: 26358, R2: 26502

If we talk about white metal it opens in downside with a decrement of -66 point at 36502 for July trading delivery at MCX. Yesterday silver fall more than -1700 point on Domestic commodity market meanwhile a positive reaction had seen on early hour of trading on Thursday.

Sell gold August below 25960 tgt 26930, 25850, 25800 stoploss 26100

 Sell silver July below 39300 tgt 39250, 39150, 39000……….sl 39800

BUY NICKEL JUNE ABOVE 830.50 TGT 832, 835, 840 STOPLOSS 820