GOLD(OCT 11) trend is consolidate trader may buy gold RESISTANCE : 27490 and above this levels 27700 else sell gold SUPPORT : 26980 and below this levels 26640
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 65900 and above this levels 66800 else sell gold SUPPORT : 63100 and below this levels 61940
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 432 and above this levels 438 else sell gold SUPPORT : 420 and below this levels 414
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4125 and above this levels 4180 else sell gold SUPPORT : 4020 and below this levels 3975
Wednesday, August 31, 2011
MCX crude oil trend
Oil markets were being depressed by the American Petroleum Institute`s (API) prediction yesterday of a jump in crude stockpiles of the world`s largest oil consumer.
The API report was released yesterday showing US stockpiles rising significantly. That will obviously put a little bit of pressure on the market.
Oil rose to near USD 89 a barrel Tuesday on expectations that supplies will be tighter in the wake of Hurricane Irene.
The API report was released yesterday showing US stockpiles rising significantly. That will obviously put a little bit of pressure on the market.
Oil rose to near USD 89 a barrel Tuesday on expectations that supplies will be tighter in the wake of Hurricane Irene.
Tuesday, August 30, 2011
commodity MCX trend for tomorrow
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 27520 and above this levels 27800 else sell gold SUPPORT : 26800 and below this levels 26500
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 63400 and above this levels 65200 else sell gold SUPPORT : 60600 and below this levels 59200
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 428 and above this levels 434 else sell gold SUPPORT : 417 and below this levels 412
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4150 and above this levels 4210 else sell gold SUPPORT : 4030 and below this levels 3980
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 63400 and above this levels 65200 else sell gold SUPPORT : 60600 and below this levels 59200
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 428 and above this levels 434 else sell gold SUPPORT : 417 and below this levels 412
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4150 and above this levels 4210 else sell gold SUPPORT : 4030 and below this levels 3980
MCX crude oil trend and MCX technical report
It was the latest in a series of reports that indicated the economy improved last month, which could strengthen demand for oil and gasoline. go to buy crude oil above 4037
Copper and aluminum gain 1-1.5 per cent. The lead, nickel and zinc is in the idling. With all metals including copper on the London Metal Exchange in the 1-1.5 per cent while the domestic market is increasingly mixed trends.
MCXMETAL is trading downward by 0.77 points, or 0.02%, at 4,977.93 after opening at 4,980.41. Meanwhile MCXENERGY is trading down by 9.44 points, or 0.33%, at 2,843.49 after opening at 2,849.19.
Copper and aluminum gain 1-1.5 per cent. The lead, nickel and zinc is in the idling. With all metals including copper on the London Metal Exchange in the 1-1.5 per cent while the domestic market is increasingly mixed trends.
MCXMETAL is trading downward by 0.77 points, or 0.02%, at 4,977.93 after opening at 4,980.41. Meanwhile MCXENERGY is trading down by 9.44 points, or 0.33%, at 2,843.49 after opening at 2,849.19.
Monday, August 29, 2011
commodity MCX trend for 30 August
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 26990 and above this levels 27270 else sell gold SUPPORT : 26480 and below this levels 26220
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 62700 and above this levels 64100 else sell gold SUPPORT : 59700 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 419 and above this levels 422 else sell gold SUPPORT : 410 and below this levels 405
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4070 and above this levels 4120 else sell gold SUPPORT : 3950 and below this levels 3890
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 62700 and above this levels 64100 else sell gold SUPPORT : 59700 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 419 and above this levels 422 else sell gold SUPPORT : 410 and below this levels 405
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4070 and above this levels 4120 else sell gold SUPPORT : 3950 and below this levels 3890
MCX copper trend and mcx trading strategies
MCX commodity weekly strategies:
Gold:
For the next week traders can use buy on lower level. If Gold above 28000 it can test the level of 28400.Trade by keeping the strict stop losses. Major support in MCX Gold is 25500 and 24700 Major resistance in MCX Gold is 28400 and 28900.
Silver:
MCX Silver sustains above 60800 above it can test the level of 65000/66000/67000 and above 67800 it can test the level of 69000/70500. Trade by keeping the proper stop losses.
Crude Oil:
For the next week traders can use buy on lower level strategy, MCX if Crude sustains below 3800
then above 4060 it can test the level of 4130/4190in this week. Trade by keeping the proper stop loss.
Copper:
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels.
MCX Copper major resistance would be 425 and 435 and supports would be found at 400and 385.
Gold:
For the next week traders can use buy on lower level. If Gold above 28000 it can test the level of 28400.Trade by keeping the strict stop losses. Major support in MCX Gold is 25500 and 24700 Major resistance in MCX Gold is 28400 and 28900.
Silver:
MCX Silver sustains above 60800 above it can test the level of 65000/66000/67000 and above 67800 it can test the level of 69000/70500. Trade by keeping the proper stop losses.
Crude Oil:
For the next week traders can use buy on lower level strategy, MCX if Crude sustains below 3800
then above 4060 it can test the level of 4130/4190in this week. Trade by keeping the proper stop loss.
Copper:
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels.
MCX Copper major resistance would be 425 and 435 and supports would be found at 400and 385.
Saturday, August 27, 2011
MCX copper trend and Gold tips
Copper news:
Japan rolled copper output declined by 4.1 pct (y-o-y) in July. Japan's output of rolled copper product declined 4.1 percent (y-o-y) in July to 71,978 tonnes mainly on account of decreased demand.
Base metals are expected to come under pressure today mainly on account of rise in risk aversion in the global markets.
Gold Tips:
Spot gold prices to trade higher by around 0.3 percent today mainly taking cues from rise in risk aversion globally made gold look attractive for the investors. MCX Gold October contract rose 1.5 percent. you can buy gold target 27765-27780
Japan rolled copper output declined by 4.1 pct (y-o-y) in July. Japan's output of rolled copper product declined 4.1 percent (y-o-y) in July to 71,978 tonnes mainly on account of decreased demand.
Base metals are expected to come under pressure today mainly on account of rise in risk aversion in the global markets.
Gold Tips:
Spot gold prices to trade higher by around 0.3 percent today mainly taking cues from rise in risk aversion globally made gold look attractive for the investors. MCX Gold October contract rose 1.5 percent. you can buy gold target 27765-27780
Friday, August 26, 2011
MCX Copper trend and gold tips
Copper is up trand, Copper trades slightly up in early trades today amid better than expected durable goods orders data from US. Also supporting prices is improving risk appetite and firmness in equities.
Buy gold above 26850 target 26900-26930 stoploss: 26800
Brent crude, which is used to price oil produced abroad, rose 47 cents to end the day at USD 110.62 a barrel in London. trade above 4000 or below 3890
Buy gold above 26850 target 26900-26930 stoploss: 26800
Brent crude, which is used to price oil produced abroad, rose 47 cents to end the day at USD 110.62 a barrel in London. trade above 4000 or below 3890
Thursday, August 25, 2011
commodity MCX trend for tomorrow
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 26750 and above this levels 27050 else sell gold SUPPORT : 26050 and below this levels 25650
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 63800 and above this levels 65200 else sell gold SUPPORT : 59900 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 422 and above this levels 428 else sell gold SUPPORT : 410 and below this levels 405
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4020 and above this levels 4075 else sell gold SUPPORT : 3890 and below this levels 3810
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 63800 and above this levels 65200 else sell gold SUPPORT : 59900 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 422 and above this levels 428 else sell gold SUPPORT : 410 and below this levels 405
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4020 and above this levels 4075 else sell gold SUPPORT : 3890 and below this levels 3810
Tuesday, August 23, 2011
commodity MCX trend for tomorrow
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 27970 and above this levels 28300 else sell gold SUPPORT : 27140 and below this levels 26900
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 65350 and above this levels 66800 else sell gold SUPPORT : 62450 and below this levels 60500
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 408 and above this levels 413 else sell gold SUPPORT : 397 and below this levels 392
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 3955 and above this levels 3990 else sell gold SUPPORT : 3840 and below this levels 3790
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 65350 and above this levels 66800 else sell gold SUPPORT : 62450 and below this levels 60500
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 408 and above this levels 413 else sell gold SUPPORT : 397 and below this levels 392
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 3955 and above this levels 3990 else sell gold SUPPORT : 3840 and below this levels 3790
MCX copper trend for 23 august
Copper is prefet uptrend trader can buy Copper above 404 target 407-410 stoploss 401.
Crude oil has gone up today. NYMEX the crude oil is trading above 85 dollars per barrel. MCX crude oil gained on the level of Rs 3859.
If gold continues to be strong even today. NYMEX 1900 dollars per ounce on gold has been exceeded. With the edge in gold on MCX is trading at Rs 27742. The decline in the domestic market in silver. Silver on the MCX at Rs 64361.
Crude oil has gone up today. NYMEX the crude oil is trading above 85 dollars per barrel. MCX crude oil gained on the level of Rs 3859.
If gold continues to be strong even today. NYMEX 1900 dollars per ounce on gold has been exceeded. With the edge in gold on MCX is trading at Rs 27742. The decline in the domestic market in silver. Silver on the MCX at Rs 64361.
Monday, August 22, 2011
Commodity MCX trend for tomorrow
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 28350 and above this levels 28600 else sell gold SUPPORT : 27575 and below this levels 27200
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 66650 and above this levels 68700 else sell gold SUPPORT : 64000 and below this levels 62600
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 404 and above this levels 410 else sell gold SUPPORT : 395 and below this levels 390
MCX CRUDE OIL (JUL) trend is bearish trader may buy crude oil RESISTANCE : 3880 and above this levels 3965 else sell gold SUPPORT : 3775 and below this levels 3670
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 66650 and above this levels 68700 else sell gold SUPPORT : 64000 and below this levels 62600
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 404 and above this levels 410 else sell gold SUPPORT : 395 and below this levels 390
MCX CRUDE OIL (JUL) trend is bearish trader may buy crude oil RESISTANCE : 3880 and above this levels 3965 else sell gold SUPPORT : 3775 and below this levels 3670
Friday, August 19, 2011
MCX Copper trend and gold silver tips
Commodity market opened negative COMDEX opened at 3453.87 and MCXMETAL opened at 4899.23 MCXENERGY opened at 2670.14
Copper tips:
SEll copper at 400 target 395-392 stoploss 404 If it move up ward than you can buy at level 407 stoploss 403 target 411. London copper inched up on Friday, after dropping more than 2% in the previous session.
Gold Silver tips:
gold and silver is in prefect uptrend, Gold climbed to an all-time high of Rs 28,150 per 10 grams in the national capital today, we recommended to buy gold and silver.
Copper tips:
SEll copper at 400 target 395-392 stoploss 404 If it move up ward than you can buy at level 407 stoploss 403 target 411. London copper inched up on Friday, after dropping more than 2% in the previous session.
Gold Silver tips:
gold and silver is in prefect uptrend, Gold climbed to an all-time high of Rs 28,150 per 10 grams in the national capital today, we recommended to buy gold and silver.
Thursday, August 18, 2011
Commodity mcx trend for 19 August
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 27400 and above this levels 27800 else sell gold SUPPORT : 26920 and below this levels 26650
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 62700 and above this levels 64250 else sell gold SUPPORT : 59780 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 408 and above this levels 414 else sell gold SUPPORT : 396 and below this levels 392
MCX CRUDE OIL (JUL) trend is bearish trader may buy crude oil RESISTANCE : 3845 and above this levels 3900 else sell gold SUPPORT : 3710 and below this levels 3660
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 62700 and above this levels 64250 else sell gold SUPPORT : 59780 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 408 and above this levels 414 else sell gold SUPPORT : 396 and below this levels 392
MCX CRUDE OIL (JUL) trend is bearish trader may buy crude oil RESISTANCE : 3845 and above this levels 3900 else sell gold SUPPORT : 3710 and below this levels 3660
MCX gold, silver & copper trend for 18 August
Crude oil:
MCX crude oil remains weak. Crude oil is down to the level of Rs 3863. On Wednesday, crude oil was close to Rs 4000.
Gold silver:
Gold and silver prices to boom. COMEX the gold is trading above $ 1,794. MCX gold touched record levels in the Rs 26 600.
Experts believe that such gold in the coming days and can get up on.
COMEX has reached the top of the silver $ 40. Silver on MCX is trading at Rs 60 670.
Copper:
SEll copper at 400 target 386 stoploss 404 If it move up ward than you can buy at level 407 stoploss 403 target 411
MCX crude oil remains weak. Crude oil is down to the level of Rs 3863. On Wednesday, crude oil was close to Rs 4000.
Gold silver:
Gold and silver prices to boom. COMEX the gold is trading above $ 1,794. MCX gold touched record levels in the Rs 26 600.
Experts believe that such gold in the coming days and can get up on.
COMEX has reached the top of the silver $ 40. Silver on MCX is trading at Rs 60 670.
Copper:
SEll copper at 400 target 386 stoploss 404 If it move up ward than you can buy at level 407 stoploss 403 target 411
Wednesday, August 17, 2011
Commodity mcx trend for 18 August
GOLD(OCT 11) trend is consolidate trader may buy gold RESISTANCE : 26650 and above this levels 26900 else sell gold SUPPORT : 26130 and below this levels 25850
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 62700 and above this levels 61400 else sell gold SUPPORT : 59600 and below this levels 58400
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 409 and above this levels 415 else sell gold SUPPORT : 398 and below this levels 392
MCX CRUDE OIL (JUL) trend is consolidate trader may buy crude oil RESISTANCE : 4035 and above this levels 4080 else sell gold SUPPORT : 3910 and below this levels 3850
Commodity mcx gold silver & copper trend
Gold Silver trend:
Glod and silver is in perfect uptrend, glod resistance levels 26320. If it breaks this level, it will rise much faster. We recommend buying for the day. On MCX, gold and silver is being traded on edge today. In the silver is trading closer to 60 thousand rupees.
Crude Oli:
Crude oil has gone up today. We recommend buying for the day. Crude Prices are expected to trade above the short term moving averages suggesting bullishness in the market.
Copper trend:
MCX Copper on LME due to the robustness is looking up. Copper is on MCX at Rs 404.2.
Glod and silver is in perfect uptrend, glod resistance levels 26320. If it breaks this level, it will rise much faster. We recommend buying for the day. On MCX, gold and silver is being traded on edge today. In the silver is trading closer to 60 thousand rupees.
Crude Oli:
Crude oil has gone up today. We recommend buying for the day. Crude Prices are expected to trade above the short term moving averages suggesting bullishness in the market.
Copper trend:
MCX Copper on LME due to the robustness is looking up. Copper is on MCX at Rs 404.2.
Tuesday, August 16, 2011
Mcx copper trend and gold, crude oil tips
Gold trend:
Gold is consolidated trade from last 2 trading session and now it is expected to trade higher. We recommend buying for the day.
Crude oil:
Crude Prices are expected to trade above the short term moving averages suggesting bullishness in the market. We recommend buying for the day.
Copper trend:
If copper cross 394.70 levels copper perfect downtrend you can sell copper target is 392-391 and stop loss is 397.50
Gold is consolidated trade from last 2 trading session and now it is expected to trade higher. We recommend buying for the day.
Crude oil:
Crude Prices are expected to trade above the short term moving averages suggesting bullishness in the market. We recommend buying for the day.
Copper trend:
If copper cross 394.70 levels copper perfect downtrend you can sell copper target is 392-391 and stop loss is 397.50
Friday, August 12, 2011
MCX copper trend and tips for 12 August
Commodity market opened positive COMDEX opened at 3411.21 and MCXMETAL opened at 4740.90 MCXENERGY opened at 2740.58
Copper:
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50.
Crude oil:
Benchmarke WTI oil gained USD 2.83, or 3.4%, to finish at USD 85.72 a barrel. crude rose USD 1.34 to finish at USD 108.02 per in london.crude oil is perfect uptrend.
Gold tips:
gold is in prefect uptrend trader can buy gold above 26470 target 26600-26650
Copper:
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50.
Crude oil:
Benchmarke WTI oil gained USD 2.83, or 3.4%, to finish at USD 85.72 a barrel. crude rose USD 1.34 to finish at USD 108.02 per in london.crude oil is perfect uptrend.
Gold tips:
gold is in prefect uptrend trader can buy gold above 26470 target 26600-26650
Thursday, August 11, 2011
MCX copper trend and tips & crode oli trend
Gold is looking bullish in the coming trading session. would be in an upward trend.
Copper is consolidate for the day you can buy copper now and target is 404-407 stop loss 495.40
Crude oil futures recovered from lows traded above $81 after declining below $80 on fresh concerns about Europe debt crisis and inflation fears. if it manages to trade below the support level of 3650 else above resistance level of 3800 it
Copper is consolidate for the day you can buy copper now and target is 404-407 stop loss 495.40
Crude oil futures recovered from lows traded above $81 after declining below $80 on fresh concerns about Europe debt crisis and inflation fears. if it manages to trade below the support level of 3650 else above resistance level of 3800 it
Wednesday, August 10, 2011
MCX bullion and basemetal trend for tomorrow 11 August
GOLD(OCT 11) trend is consolidate trader may buy gold RESISTANCE : 26475 and above this levels 26660 else sell gold SUPPORT : 26030 and below this levels 25860
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 58900 and above this levels 60500 else sell gold SUPPORT : 58405 and below this levels 56490
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 398.55 and above this levels 406 else sell gold SUPPORT : 386 and below this levels 381
MCX CRUDE OIL (JUL) trend is consolidate trader may buy crude oil RESISTANCE : 3800 and above this levels 3870 else sell gold SUPPORT : 3650 and below this levels 3600
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 58900 and above this levels 60500 else sell gold SUPPORT : 58405 and below this levels 56490
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 398.55 and above this levels 406 else sell gold SUPPORT : 386 and below this levels 381
MCX CRUDE OIL (JUL) trend is consolidate trader may buy crude oil RESISTANCE : 3800 and above this levels 3870 else sell gold SUPPORT : 3650 and below this levels 3600
MCX crude oil and copper tips for 10 August
Commodity market opened positive COMDEX opened at 3362.48 and MCXMETAL opened at 4698.08 MCXENERGY opened at 2651.17
Crude oil:
In this month oil price dropped 17 %. Tuesday benchmark WTI crude fell at USD 2.01 MCX crude oil up 26 to previous closing price, crude oil is consolidate trend for trade.
Copper tips:
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50MCX crude oil and copper tips for 10 August
Gold trend:
COMEX arrived at the Gold level of $ 1761. gold on MCX at Rs 25,700. Experts say increasing liquidity in the U.S. to the gold level could reached $ 2,000.
Crude oil:
In this month oil price dropped 17 %. Tuesday benchmark WTI crude fell at USD 2.01 MCX crude oil up 26 to previous closing price, crude oil is consolidate trend for trade.
Copper tips:
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50MCX crude oil and copper tips for 10 August
Gold trend:
COMEX arrived at the Gold level of $ 1761. gold on MCX at Rs 25,700. Experts say increasing liquidity in the U.S. to the gold level could reached $ 2,000.
Tuesday, August 9, 2011
Commodity MCX Levels for 10 August
GOLD(OCT 11) trend is consolidate trader may buy gold RESISTANCE : 26100 and above this levels 26400 else sell gold SUPPORT : 25550 and below this levels 25250
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 58900 and above this levels 60500 else sell gold SUPPORT : 56300 and below this levels 55100
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 402 and above this levels 408 else sell gold SUPPORT : 394 and below this levels 389
MCX CRUDE OIL (JUL) trend is consolidate trader may buy crude oil RESISTANCE : 3800 and above this levels 3730 else sell gold SUPPORT : 3600 and below this levels 3540
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 58900 and above this levels 60500 else sell gold SUPPORT : 56300 and below this levels 55100
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 402 and above this levels 408 else sell gold SUPPORT : 394 and below this levels 389
MCX CRUDE OIL (JUL) trend is consolidate trader may buy crude oil RESISTANCE : 3800 and above this levels 3730 else sell gold SUPPORT : 3600 and below this levels 3540
MCX Gold silver trend & tips for 9 August
Gold silver trend & tips:
Gold trend:
Continuing glod make our new record gold touch our all time high 26198 per 10 grams and in the globle market glod cross the USD 1700, it's first time of gold history
Gold is in perfect uptrend,it's good for buy
Gold will be touch 27000 at diwali.
Silver trend:
silver down 2000 point it's breck our first support levels it next support is 56400.
trader can sell silver now target is 56450.
Gold trend:
Continuing glod make our new record gold touch our all time high 26198 per 10 grams and in the globle market glod cross the USD 1700, it's first time of gold history
Gold is in perfect uptrend,it's good for buy
Gold will be touch 27000 at diwali.
Silver trend:
silver down 2000 point it's breck our first support levels it next support is 56400.
trader can sell silver now target is 56450.
Monday, August 8, 2011
Commodity MCX Levels for 9 August
GOLD(OCT 11) trend is cosolidate trader may buy gold RESISTANCE : 25680 and above this levels 26000 else sell gold SUPPORT : 24980 and below this levels 24600
MCX SILVER (SEP) trend is cosolidate trader may buy silver RESISTANCE : 60900 and above this levels 62400 else sell gold SUPPORT : 57500 and below this levels 56400
MCX COPPER (AUG) trend is cosolidate trader may buy copper RESISTANCE : 404 and above this levels 410 else sell gold SUPPORT : 390 and below this levels 384
MCX CRUDE OIL (JUL) trend is cosolidate trader may buy crude oil RESISTANCE : 3820 and above this levels 3900 else sell gold SUPPORT : 3740 and below this levels 3680
MCX SILVER (SEP) trend is cosolidate trader may buy silver RESISTANCE : 60900 and above this levels 62400 else sell gold SUPPORT : 57500 and below this levels 56400
MCX COPPER (AUG) trend is cosolidate trader may buy copper RESISTANCE : 404 and above this levels 410 else sell gold SUPPORT : 390 and below this levels 384
MCX CRUDE OIL (JUL) trend is cosolidate trader may buy crude oil RESISTANCE : 3820 and above this levels 3900 else sell gold SUPPORT : 3740 and below this levels 3680
MCX gold silver trend for 8 August
Commodity market opened positive COMDEX opened at 3389.57 and MCXMETAL opened at 4651.61 MCXENERGY opened at 2716.80
Bullion trend:
Glod touch out altime high at 24770 per 10 grams. gold is in prefect uptrend and silver move 58988 sept. contact. silver also upward trend for trade. Trader buy silver and gold
Sell silver 59600 59700
stoploss: 60000
Target 59000 58500
Buy gold above 25000 and stoploss 24750.
Crude oil
Crude oil is in prefect downtrend. Oil national average of USD 3.70 per gallon could fall as much as 35 cents per gallon over the next month. WTI crude has declined USD 12.71, about 13%, in the last 10 days.
Bullion trend:
Glod touch out altime high at 24770 per 10 grams. gold is in prefect uptrend and silver move 58988 sept. contact. silver also upward trend for trade. Trader buy silver and gold
Sell silver 59600 59700
stoploss: 60000
Target 59000 58500
Buy gold above 25000 and stoploss 24750.
Crude oil
Crude oil is in prefect downtrend. Oil national average of USD 3.70 per gallon could fall as much as 35 cents per gallon over the next month. WTI crude has declined USD 12.71, about 13%, in the last 10 days.
Friday, August 5, 2011
MCX copper and crude oil trend for 5 August
MCX Copper may trade with a negative bias trader can short copper below 412 and
target stoploss is 416 target is 408
crude oil August 11 contract was down by 9.78% to Rs 3,872 per barrel. trader can sell below 3820
All energy contracts showed down trend. Natural gas August 11 contract was down by 5.38% to Rs 177.60 per MMBTU
target stoploss is 416 target is 408
crude oil August 11 contract was down by 9.78% to Rs 3,872 per barrel. trader can sell below 3820
All energy contracts showed down trend. Natural gas August 11 contract was down by 5.38% to Rs 177.60 per MMBTU
Thursday, August 4, 2011
Commotity MCX trend and levels for 5 August
GOLD(OCT 11) trend is cosolidate trader may buy gold RESISTANCE : 24400 and above this levels 24600 else sell gold SUPPORT : 23780 and below this levels 23400
MCX SILVER (SEP) trend is cosolidate trader may buy silver RESISTANCE : 60800 and above this levels 62100 else sell gold SUPPORT : 55800 and below this levels 53400
MCX COPPER (AUG) trend is cosolidate trader may buy copper RESISTANCE : 424 and above this levels 430 else sell gold SUPPORT : 412 and below this levels 408
MCX CRUDE OIL (JUL) trend is cosolidate trader may buy crude oil RESISTANCE : 4060 and above this levels 4150 else sell gold SUPPORT : 3820 and below this levels 3710
MCX SILVER (SEP) trend is cosolidate trader may buy silver RESISTANCE : 60800 and above this levels 62100 else sell gold SUPPORT : 55800 and below this levels 53400
MCX COPPER (AUG) trend is cosolidate trader may buy copper RESISTANCE : 424 and above this levels 430 else sell gold SUPPORT : 412 and below this levels 408
MCX CRUDE OIL (JUL) trend is cosolidate trader may buy crude oil RESISTANCE : 4060 and above this levels 4150 else sell gold SUPPORT : 3820 and below this levels 3710
MCX gold silver trend for 4 August
Commodity market opened positive COMDEX opened at 3507.28 and MCXMETAL opened at 4777.42 MCXENERGY opened at 2913 .65.
The Silver is in perfect uptrend, silver in buy position silver touch 61690 levels trader can buy silver target is 61790-61900 and stoploss is 61670.It is looking bearish in the coming trading session if it manages to trade below the support level of 58800 in October contact.
gold is also is is perfect uptrend trader can buy gold on dip. It is looking bearish in the coming trading session if it manages to trade below the support level of 23728 in October contact.
The Silver is in perfect uptrend, silver in buy position silver touch 61690 levels trader can buy silver target is 61790-61900 and stoploss is 61670.It is looking bearish in the coming trading session if it manages to trade below the support level of 58800 in October contact.
gold is also is is perfect uptrend trader can buy gold on dip. It is looking bearish in the coming trading session if it manages to trade below the support level of 23728 in October contact.
Wednesday, August 3, 2011
MCX Bullion and base metal levels for 4 August
GOLD(OCT 11)
RESISTANCE : 24300, 24500
SUPPORT : 23780, 23400
MCX SILVER (SEP)
RESISTANCE: 62300, 63500
SUPPORT: 58800, 56400
MCX COPPER (AUG)
RESISTANCE : 433, 438
SUPPORT : 421, 415
MCX CRUDE OIL (JUL)
RESISTANCE : 4170, 4250
SUPPORT : 4020, 3970
NATURAL GAS(Aug 11)
RESISTANCE : 188, 194
SUPPORT :176, 172
RESISTANCE : 24300, 24500
SUPPORT : 23780, 23400
MCX SILVER (SEP)
RESISTANCE: 62300, 63500
SUPPORT: 58800, 56400
MCX COPPER (AUG)
RESISTANCE : 433, 438
SUPPORT : 421, 415
MCX CRUDE OIL (JUL)
RESISTANCE : 4170, 4250
SUPPORT : 4020, 3970
NATURAL GAS(Aug 11)
RESISTANCE : 188, 194
SUPPORT :176, 172
Copper and crude oil trend for 3 August
Copper trend
The Copper is in perfect downtrend, copper in sell position copper support levels is 426 if this levels touch trader can sell copper target is 422-420 and stoploss is 430
It is looking bearish in the coming trading session if it manages to trade below the support level of 426 else above resistance level of 435 it would be in an upward trend.
Crude Oil
Crude oil may trade sideways with negative bias. oil settled below USD 94 a barrel crude oil support levels is 4140 trader can sell crude oil
SELL below 4140 August contact
Target: 4100 - 4085
Stoploss:4175
The Copper is in perfect downtrend, copper in sell position copper support levels is 426 if this levels touch trader can sell copper target is 422-420 and stoploss is 430
It is looking bearish in the coming trading session if it manages to trade below the support level of 426 else above resistance level of 435 it would be in an upward trend.
Crude Oil
Crude oil may trade sideways with negative bias. oil settled below USD 94 a barrel crude oil support levels is 4140 trader can sell crude oil
SELL below 4140 August contact
Target: 4100 - 4085
Stoploss:4175
Tuesday, August 2, 2011
Commodity MCX Levels for 3 August
GOLD(OCT 11)
RESISTANCE : 24100, 24400
SUPPORT : 23500, 23150
MCX SILVER (SEP)
RESISTANCE: 60500, 62300
SUPPORT: 56400, 55800
MCX COPPER (AUG)
RESISTANCE : 435, 441
SUPPORT : 426, 421
MCX CRUDE OIL (JUL)
RESISTANCE : 4260, 4310
SUPPORT : 4140, 4095
NATURAL GAS(Aug 11)
RESISTANCE : 192, 198
SUPPORT :179, 173
RESISTANCE : 24100, 24400
SUPPORT : 23500, 23150
MCX SILVER (SEP)
RESISTANCE: 60500, 62300
SUPPORT: 56400, 55800
MCX COPPER (AUG)
RESISTANCE : 435, 441
SUPPORT : 426, 421
MCX CRUDE OIL (JUL)
RESISTANCE : 4260, 4310
SUPPORT : 4140, 4095
NATURAL GAS(Aug 11)
RESISTANCE : 192, 198
SUPPORT :179, 173
Commodity MCX market report
MCX Report
Bullions may open on flat note tracking mixed overseas cues. Gold may trade in range of Rs. 22,100-22,300 and silver may trade in range of Rs. 53,500-55,000 in domestic market. Base metals may open on flat note amid mixed movement in SHFE. Copper may trade in range of Rs. 430-440 in domestic market. Energy prices may also trade sideways on mixed path ahead of key nonfarm payroll data scheduled today. Crude oil can trade in range of Rs. 4,300-4,400 in domestic market.
Trading Strategies
Intraday Traders can Buy Silver September contract above 55150 for targets-55500-55800-56000 stoploss below 54700
Below 54350 start selling silver to target 54000-53800.
Bullions may open on flat note tracking mixed overseas cues. Gold may trade in range of Rs. 22,100-22,300 and silver may trade in range of Rs. 53,500-55,000 in domestic market. Base metals may open on flat note amid mixed movement in SHFE. Copper may trade in range of Rs. 430-440 in domestic market. Energy prices may also trade sideways on mixed path ahead of key nonfarm payroll data scheduled today. Crude oil can trade in range of Rs. 4,300-4,400 in domestic market.
Trading Strategies
Intraday Traders can Buy Silver September contract above 55150 for targets-55500-55800-56000 stoploss below 54700
Below 54350 start selling silver to target 54000-53800.
Crude oil and copper trend for 2 August
Crude oil
MCX Crude Oil August is in uptrend to levels 4230 then it goes downside.
Copper trend
If copper cross 434 levels copper perfect downtrend you can sell copper at level 434
target is 430-427 and stop loss is 437.80
Copper support and resistance levels
Copper support levels if copper touch 427.00 levels then next support levels is 422.00
Resistance levels if it touch 439 and next resistance levels is 445
MCX Crude Oil August is in uptrend to levels 4230 then it goes downside.
Copper trend
If copper cross 434 levels copper perfect downtrend you can sell copper at level 434
target is 430-427 and stop loss is 437.80
Copper support and resistance levels
Copper support levels if copper touch 427.00 levels then next support levels is 422.00
Resistance levels if it touch 439 and next resistance levels is 445
Monday, August 1, 2011
Commodity mcx trend for tomorrow 2 August
GOLD(OCT 11)
RESISTANCE : 23270, 23900
SUPPORT : 23320, 23150
MCX SILVER (SEP)
RESISTANCE: 60420, 62500
SUPPORT: 56400, 55800
MCX COPPER (AUG)
RESISTANCE : 438, 445
SUPPORT : 424, 419
MCX CRUDE OIL (JUL)
RESISTANCE : 4260, 4310
SUPPORT : 4140, 4095
NATURAL GAS(Aug 11)
RESISTANCE : 192, 198
SUPPORT :180, 176
ZINC(July 11)
RESISTANCE :111.30, 113.60
SUPPORT :108.00, 106.10
RESISTANCE : 23270, 23900
SUPPORT : 23320, 23150
MCX SILVER (SEP)
RESISTANCE: 60420, 62500
SUPPORT: 56400, 55800
MCX COPPER (AUG)
RESISTANCE : 438, 445
SUPPORT : 424, 419
MCX CRUDE OIL (JUL)
RESISTANCE : 4260, 4310
SUPPORT : 4140, 4095
NATURAL GAS(Aug 11)
RESISTANCE : 192, 198
SUPPORT :180, 176
ZINC(July 11)
RESISTANCE :111.30, 113.60
SUPPORT :108.00, 106.10
MCX Copper Tips and trend for 1 Aug
Commodity market opened positive COMDEX opened at 3524.23 and MCXMETAL opened at 4745.68
The Copper is in perfect uptrend, We recommend buying copper for small targets for the day.
Buy copper above 440.60 (Aug contact)
Target: T1: 441.20, T2: 441.80
Stoploss: 440
Copper weekly trend (1-6 Aug)
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels. Last week COMEX Copper was down for most part of the week. If next week COMEX Copper does not sustains below the level of 440 then above the level of 450 Copper can test the level of 457.
Copper weekly support and resistance levels
Copper support levels if copper touch S1: 439.00, S2: 431.0, S3:420.
Resistance levels if it touch R1: 451, R2: 458, R3: 466.
The Copper is in perfect uptrend, We recommend buying copper for small targets for the day.
Buy copper above 440.60 (Aug contact)
Target: T1: 441.20, T2: 441.80
Stoploss: 440
Copper weekly trend (1-6 Aug)
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels. Last week COMEX Copper was down for most part of the week. If next week COMEX Copper does not sustains below the level of 440 then above the level of 450 Copper can test the level of 457.
Copper weekly support and resistance levels
Copper support levels if copper touch S1: 439.00, S2: 431.0, S3:420.
Resistance levels if it touch R1: 451, R2: 458, R3: 466.
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