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Thursday, April 14, 2011

Natural GAS trading tips intraday

Natural GAS LOOKING WEAK BELOW 181.2 :

SELL BELOW 181.2 WITH SL OF 182.4 TGT 177.8

BUY ABOVE 183.2 SL OF 181.9 TGT 186

DATA AT 8:00 PM

 MCX Ng, Gold and Silver Tips 

MCX Gold and Silver Fundamental news for today | MCX bullion tips

 Silver (May ): Buy - 60200, stoploss - 60000 and the target - 60400
Buy Nickel 1155-1160 SL at 1133 TGT 1185-1210
 Silver is reduced early rapid. Currently silver on MCX is trading around Rs 59 500. However, silver in the spot market is above Rs 61,000. While business is slow in gold.
Gold is not only different from other commodities with respect to its performance, volatility, correlation and its composition of demand and supply, the gold market is also very large and liquid. Financial gold holdings, which include gold in public and private hands, are equivalent to US$2.4 trillion based on the average price of gold in 2010. To put that into context, the gold market is larger than any single European sovereign debt market, yet it is no-one's liability. The gold market is even comparable to the size of US government-guaranteed debt, otherwise known as the agency market.(2) Further, even when comparing the size and liquidity of the gold futures market, a fraction compared to the gold bullion market, relative to that of other commodities, gold ranks highly in both size and liquidity.
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MCX Bullion and basemetals Support and Resistance | MCX Intraday market outlook


  • GOLD REGAINS STRENGTH AFTER FALL; ETF HOLDINGS SLIP.
  • CRUDE OIL TRADES NEAR TWO-WEEK LOW ON SLOWING DEMAND, HOPE OF LIBYA TRUCE.
  • COPPER CONTINUE TO SHED; FEAR OF NUCLEAR HAZARD IN JAPAN WEIGHED.
  • INDIAN RED CHILLI POSTS OVER 2PC GAINS.
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    MCX Intraday tips

Wednesday, April 13, 2011

MCX Copper and Lead evening Calls today

Copper (April ): Buy - 431, Stoploss - 428 Target - 437

Lead (April ): Buy - 124, Stoploss - 123 Target - 126

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MCX Crude Oil market decline | MCX Silver trading strategy when it is reduced


Silver is reduced early rapidly. Currently silver on MCX is trading around Rs 59 500. However, silver in the spot market is above Rs 61,000. While trading is slow in gold.
Nickel has come up at the hot commodity. Nickel has seen sharp decline. 

Crude oil is quickly stalled. Just two days trading on MCX crude oil declined by nearly 8 per cent. NYMEX effect of the crash has had on domestic business. In fact, International Energy Agency and the International Fund Maonitre feared that if crude stays above $ 100 of the world economy may slow the pace of growth. Such a reduction in crude oil demand is estimated to be expressed. Resulting fall in crude prices have seen.
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MCX Commodities newsletter | MCX Strategy for Today

Copper falls, investors worry over Chinese demand.
High oil prices will cut growth - IMF says.
Aluminium stocks fell 2,275 tonnes.
Copper in LME warehouses rose 1,000 tonnes.
Crude oil falls sharply almost 4% trading near 106$.
Gold slide below 1450$.
Gold slid by more than 1 percent on Tuesday, echoing a sharp decline in the oil price and ignoring the decline in the dollar to succumb to profit-taking after having hit record highs on Monday. Copper fell on Tuesday as investors fretted about softness in demand from top metals consumer China, while the deepening nuclear crisis in Japan and recent strength in oil prices also knocked the demand outlook.


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