Thursday, March 20, 2014

Thursday Mcx @silver trading calls| Nickel tips today| Bullion market bearish



Gold and silver which has been sluggish today. At the moment , with a fall of 0.3% on MCX gold is trading below Rs 29,900 . 0.5% fall , while silver is extremely close to Rs 45,500 .
Base metals declined. Nearly all metals including copper on MCX are trading down copper fell 0.8% to 403. Aluminium 0.29%, 0.6% nickel, 0.8% lead and zinc has weakened 0.3% .

However, the price of crude oil has jumped by 1%. MCX crude oil is trading above Rs 6,100 . Natural gas is the pressure . MCX Natural Gas is trading at Rs 272.4 .

Mcx silver buy 45300 targets 46250 stoploss 44650
Mcx nickel sell 995 targets 982/977/972 stoploss 1008

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