MCX Copper trading tips and NCDEX tips

MCX Copper tips:
With MCX Copper (Nov) prices currently trading around 389.35. It is looking consolidate in the coming trading session if copper manages to trade below the support level of 384 else above resistance level of 394 it would be in an upward trend.
Trader SELL Copper (November) below 389 target: 387.30 stoploss: 391
NCDEX Tips:
Soy oil Prices at NCDEX, November contract continues uptrend in today’s trading session as well. Trader may buy soyabean Resistance: 2280 and above this levels 2330 else sell soyabean Support: 2205 and below this levels 2160.

Commodity NCDEX tips and MCX crude oil tips

NCDEX Tips:
SOYABEAN(OCT 11) is consolidate trend, trader may buy soyabean RESISTANCE : 2250 and above this levels 2295 else sell soyabean SUPPORT : 2170 and below this levels 2125
CHANA (NOV) trend is consolidate trader may buy chana RESISTANCE : 3500 and above this levels 3570 else sell chna SUPPORT : 3570 and below this levels 3305.
MCX Tips:
MCX CRUDE OIL (NOV) trend is Bullish trader may buy crude oil RESISTANCE : 4830 and above this levels 4910 else sell crude oil SUPPORT : 4690 and below this levels 4620

NCDEX tips and MCX gold silver tips

NCDEX tips:

GUARSEED(NOV 11) is consolidate trend, trader may buy guarseed RESISTANCE : 4615 and above this levels 4710 else sell guarseed SUPPORT : 4450 and below this levels 4360

CHANA (NOV) trend is consolidate trader may buy chana RESISTANCE : 3470 and above this levels 3535 else sell chna SUPPORT : 3340 and below this levels 3280

MCX Gold silver tips:

GOLD(DEC 11) Gold is consolidate trend, trader may buy gold RESISTANCE : 27900 and above this levels 28200 else sell gold SUPPORT : 27250 and below this levels 26900

MCX SILVER (DEC) trend is consolidate trader may buy silver RESISTANCE : 57900 and above this levels 59500 else sell silver SUPPORT : 54200 and below this levels 52800

Commodity NCDEX tips for tomorrow

SOYABEAN(OCT 11) is bearish trend, trader may buy soyabean
RESISTANCE : 2180 and above this levels 2230 else sell gold
SUPPORT : 2105 and below this levels 2065

CHANA (OCT) trend is consolidate trader may buy chana
RESISTANCE : 3300 and above this levels 3360 else sell gold
SUPPORT : 3180 and below this levels 3120

PEPPER (OCT) trend is Consolidate trader may buy guarseed
RESISTANCE : 37100 and above this levels 37800 else sell gold
SUPPORT : 35680 and below this levels 34950

JEERA (OCT) trend is Bearish trader may buy turmeric
RESISTANCE : 14920 and above this levels 15220 else sell gold
SUPPORT : 14400 and below this levels 14080

Commodity NCDEX tips for Monday

SOYABEAN(OCT 11) is bearish trend, trader may buy soyabean RESISTANCE : 2140 and above this levels 2185 else sell gold SUPPORT : 2065 and below this levels 2025
CHANA (OCT) trend is consolidate trader may buy chana RESISTANCE : 3185 and above this levels 3245 else sell gold SUPPORT : 3080 and below this levels 3005
GUARSEED (OCT) trend is Consolidat trader may buy guarseed RESISTANCE : 4705 and above this levels 4795 else sell gold SUPPORT : 4520 and below this levels 4450
TURMERIC (OCT) trend is Bearish trader may buy turmeric RESISTANCE : 4750 and above this levels 4840 else sell gold SUPPORT : 4570 and below this levels 4480

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.

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

MCX Commodity report

Today Gold future make another record of 24175 per 10 grams. Today Bullions may open slightly on positive. MCX Gold & Silver prices higher on today. Gold can trade in wide range of Rs. 23,000-23,400 in MCX and Silver can trade in range of Rs. 58,000-62,000 in near term.
Crude oil may trade sideways with negative bias. Crude oil may remain in range of 4,100-4,300 on domestic bourses.
Base metals:
Copper support may be 425
Nikel support 1040

The Gold for delivery in August also gained Rs 184, or 0.76%, to Rs 23,283 per 10 grams, with a trade turnover of 3,015 lots.

Commodity MCX market trend for 13 july

MCX GOLD (AUG)
RESISTANCE 2: 23200
RESISTANCE 1: 22950
SUPPORT 1: 22500
SUPPORT 2: 22200

MCX COPPER (AUG)
RESISTANCE 2: 445
RESISTANCE 1: 439
SUPPORT 1: 427
SUPPORT 2: 421

MCX CRUDE OIL (JUL)
RESISTANCE 2: 4450
RESISTANCE 1: 4390
SUPPORT 1: 4250
SUPPORT 2: 4180

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.