MCX NCDEX Trading Tips

MCX updates today will cover copper trend and tips. Copper prices traded in positive along with other metals, after reports showed a stronger manufacturing in the US and China, which bolstered the outlook for metals demand. Copper futures for May delivery closed slightly higher by 2.5% at $3.921 per pound on the COMEX of the New York Mercantile Exchange. COMEX / MCX Copper Technical Levels || Copper Support and Resistance :- Copper COMEX (Apr-12) :- S3- 382.4, S2- 383.9, S1- 387.7, R1-...

MCX commodity updates today includes gold silver updates, MCX bullion tips, Crude updates, copper tips as well as NCDEX agri commodity Tips. This blog is updated daily with current commodity market trend. You will also get MCX commodity weekly reports, MCX gold silver weekly outlook, NCDEX weekly reports and free trial tips on MCX and NCDEX for two days. MCX Bullion Tips || MCX Gold Silver Outlook :- Gold and silver are expected to trade higher today on account of weakness in the US dollar...

On the MCX, Gold June contract traded slightly higher by 0.1 % and touched an intra-day high of Rs. 28,044/10 gms on Tuesday. We expect gold and silver to trade with a negative bias today taking cues from a stronger dollar index and weak sentiments in the global markets. Silver will also take cues from downside in base metals too. However, depreciation in the Indian Rupee will cushion sharp decline on the domestic bourses. From the intra-day perspective, we expect crude oil prices to trade...

MCX GOLD INTRADAY TIPS TREND MCX commodity updates today includes Gold updates and NCDEX commodity updates will cover mentha oil latest news and updates. MCX Gold is in long- short-medium- short- term bull phase.Currently Gold is moving sideways. The oscillator is showing SELL signal.In last 1 month volatility is very less Buy the Gold above 28539 or buy with strict stop at 27356. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position. Gold Support and Resistance...

MCX COPPER UPDATES :- Copper in China declined after consumer prices in the world’s largest base-metals user increased more than forecast last month, boosting speculation that the government may not add further stimulus. The metal for delivery in July fell as much as 0.9 percent to 59,900 yuan ($9,497) a metric ton on the Shanghai Futures Exchange, and traded at 60,190 yuan at 10:37 a.m. in Shanghai. May delivery-copper was little changed at $3.7935 a pound on the Comex. The London Metal...

NCDEX Pepper Trend (Apr) :- The trend for pepper remains bearish due to reports of a recovery in arrivals in Vietnam. A pullback rally is visible, if prices are able to cut above 38650 (45 day EMA) resistance. Consistent trades above the same may see prices lift higher towards 39400 followed by 40000 levels. On the lower side, prices may trade sideways to lower for the day. NCDEX Jeera Tips :- Prices breached the crucial support of 11700 levels yesterday, we expect selling pressure to...

MCX Commodity updates today includes zinc updates, aluminium trend, lead tips, nickel trend and also get technical levels with support and resistance. ZINC UPDATES>>TREND>>TIPS Zinc is in long- medium- short-medium- term bull phase.Currently Zinc is moving sideways The oscillator is showing BUY signal.In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above 103 or buy with strict stop at 101. The oscillator is showing BUY signal For short term Zinc...

MCX GOLD TREND TODAY :- As on Wednesday 11th April 2012 GOLD1 closed @ 28602.00 and we recommended Strong Buy for long-term with stoploss of 27312.29 and Buy for short-term with stoploss of 28492.44. MCX Gold important levels to watch today. MCX Gold support and Resistance :- Gold Resistance :- Resistance2 : 28741.98, Resistance 1 : 28684.3 Gold Support :- Support 1 28519.71, Support 2 28462.02 Currently MCX Gold Price is 28,560 per 10gms COMEX GOLD UPDATES :- Comex gold is marginally lower...

MCX GOLD SILVER OUTLOOK :- Gold and silver are expected to trade with a negative bias today on account of strength in the US dollar index, as a stronger dollar makes dollar-denominated commodities look expensive for the holders of other currencies. Silver will also take cues from downside in base metals pack. However, a weaker Rupee may cushion sharp fall on the Indian platform MCX GOLD SUPPORT & RESISTANCE (June'12) :- Support :- 28650/28500, Resistance :- 28850/28950 MCX SILVER SUPPORT &...

MCX GOLD SILVER TREND :- Escalating tensions over Euro Zone debt worries with Spain being the matter of concern will lead to rise in risk aversion in global markets. On account of this, we expect US dollar to remain strong and gold and silver to trade lower today. However, Rupee depreciation may cushion further decline on the MCX CRUDE UPDATES :- In today’s session we expect crude oil prices to trade lower on the back of rising US crude oil inventories since past few weeks coupled with...

NCDEX Chana trend (Apr) :- Inability to sustain above 3647 may see a lower correction towards 3540 followed by 3510 levels. NCDEX Kapas Trend (Apr) :- We expect prices to trade in the range of 850-820 levels. Soyabean Tips :- The upward journey was resumed yesterday after the last two day’s consolidation and therefore we are expecting the rally to continue towards 3100 levels for the day. Conversely, on the lower side, the trend reversal is only visible below 2980 levels for the day Mentha...

MCX Gold Updates :- The Gold is in perfect uptrend. Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend. Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY. Gold Support and Resistance Support for the Gold is 28005-27978-27878-27866-27855-27853. Immediate resistance for Gold is 28649 MCX Silver Trend :- The Silver is in long- term...

MCX Gold Updates : - Gold may drop for a third day after jewelers in India, the world’s biggest buyer, extended a strike, curbing demand for the metal. MCX gold prices touched an intra-day low of Rs. 28,106/10 gms and ended at Rs. 28,134/10 gms on Wednesday. MCX Gold Support and resistance for Today :- Support :- 28065/27942, Resistance :- 28243/2834 MCX Copper Updates :- Copper, the leader of the base metals complex, was the worst performer on Wednesday, as the metal declined sharply by 2%...

Zinc Intraday Tips :-  Zinc is in long- term bull phase. Currently Zinc is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend. Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is in SELL position Natural Gas Trend Today :- Overall trend of the Natural gas is bearish for medium-long term.Currently Natural gas is in strong...

KAPAS TREND TIPS :- On Tuesday 13th march 2012 kapas1 closed @ 802.10 and we recommend buy for long-term stoploss 766.10and strong sell short-term stoploss 878.75. Kapas Trend for today is given with kapas support and resistance levels :- Support 2781.24 MENTHA OIL SHORT TERM TREND :- Currently Menthaoil is in HOLD SHORT position. Menthaoil is in sideways so for short term better buy above 2564.8 with stop at 2186.9. The Menthaoil is now trading is approaching oversold level. The oscillator...