Showing posts with label mcx crude oil. Show all posts
Showing posts with label mcx crude oil. Show all posts

Thursday, September 8, 2011

MCX gold silver tips and Crude oil tips

Gold silver tips:After Wednesday's sharp decline in gold has gone up today. Gold on MCX is trading above Rs 27,732. COMEX Gold futures witnessed heavy profit booking, as stronger tone in global equities Silver prices have also strengthened. MCX silver remains above Rs 65,489.

one can go long position in silver at 65690 for the target of 65900-66100 and stoploss 65480

Crude oil: The initial rapid decline in crude oil. NYMEX the crude oil is trading below 90 dollars a barrel. On MCX, crude oil still remains above Rs 4100. Experts believe that oil prices could up trend continue.

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

Tuesday, August 23, 2011

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.

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

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

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