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Friday, April 8, 2011

Crude oil Intraday Call

Crude short 4918 target 4903 sl 4930

MCX Gold and Silver trading Strategy and Market Outlook for Bullion

Silver has continued to be recorded. Silver in the spot market has touched the level of Rs 60,000. While MCX May futures trading up to Rs 58 500. 

Gold is trading at the strong. Boom in foreign markets has received support from the prices. On the COMEX gold is trading around $ 1470. While silver has gone beyond $ 40.
On MCX, Crude Palm Oil is trading up nearly half percent. While NCDEX, soya oil has climbed about half percet.
Top commodity Is silver Today. Silver on MCX is trading with strong gains. While December futures has crossed Rs 61,000. In crude oil has accelerated. While copper nearly 1 percent is traded.

MCX Silver and Gold Tips

MCX Tips

Daily Newsletter-Commodity
Gold hits record high after Trichet comments.
Silver consolidate near 31-year peaks.
ECB raised rates by 25 basis points to 1.25 percent.
Copper reached its highest price levels in about two weeks.
Lead hits new multi week high.
Gold held near $1,460 an ounce in Europe on Thursday, just below the previous
session's record high, ahead of a hotly anticipated European Central Bank news
conference on interest rates. Copper reached its highest in about two weeks on
Thursday, supported by bullish comments from a copper industry conference in
Santiago, while tin closed in on record highs. U.S. May crude futures rose 56 cents to $109.39 a barrel, after having hit $109.56, highest in 30 months, helped by U.S. government data showing weekly claims for unemployment benefits fell slightly, adding to signs of a firming labor market conditions.
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MCX Intraday Trading tips 
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