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Thursday, April 7, 2011

MCX Nickel and Crude oild Sell Call

Sell nickel april below 1200 target 1192 stoploss 1208.20
Sell crude below 4820 target 4805 stoploss 4845

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MCX Basemetals and energy Free Advice

MCX Basemetals market news and Bullion Call for today

MCX silver (May ): Buy - 57940, Stoploss - 57 750 target - 58200
MCX Lead (April ): Buy - 126, Stoploss – 124.30 target - 128

Gold and silver have been Slow in Trading today. Both yesterday after becoming the record Trading . While on MCX, gold and silver prices are more or less around record levels. On COMEX  the gold and silver close to $ 1460 is trading above 39 dollars.

Nickel is up Today . Nickel has now climbed to around 3 per cent. While lingering in early trading after the copper has also trading. Copper has climbed 1 percent.
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MCX Free Intraday Tips

MCX Commodity Market Outlook | Trading Strategy For today

Gold tops $1,460/oz ahead of euro zone rates meeting today
Silver hits 31-year peaks Today.
Copper rose to a one-week peak on Wednesday.
Aluminium rises to highest since Sept 2008.
Lead hits new multi week high.

Gold hit a record high for a second straight session on Wednesday, powered by
investor demand for safe-haven assets and a slide in the dollar in anticipation of a euro zone rate hike, while silver hit fresh 31-year peaks. Oil prices hit fresh peaks on Wednesday, rising to their highest since August 2008, buoyed by unrest in the Middle East and North Africa and dollar weakness ahead of an expected European Central Bank interest rate rise. Copper rose to its highest in about a week on Wednesday, as the euro scaled multi-month highs against the dollar and on prospects of better commodity imports data from top consumer China.

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