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Monday, July 25, 2011

MCX Commodity Market News Analysis and Advice For Today 25 July

On MCX The Precious Metals looking silver and gold futures prices high the MCX Gold prices have moved at the level of 23300 and MCx Silver Futures gone Rs. 60000 in international market Silver trading above $ 40 and Gold in trading $1626 in international.

 MCX bullion trading in perfect bullish trend due to  The U.S. economic down turn deepened fear of a gold-silver futures prices has strengthened.the U.S. government decides to raise loans for the night - might see a decline in silver.

Crude oil is trading in dip. On MCX Crude Oi traded at 4427. in international market of crude oil fell .6 % it closed at $ 99 per barrel.

Saturday, July 23, 2011

MCX Commodity Weekly Report 25 July To 30 July 2011

MCX Gold Tips - Buy is advised only above 23400 with a stop at 22900 Below 22900 go for sell and put stop at 23300 Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 23400  with stop at 22900.
Support for the Gold is 22915-22680-22395-22360-22285-22020-. Immediate resistance for Gold is 23420

MCX Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 60739.0 with stop at 57025.0 The oscillator is showing SELL signal. Buy is advised only above 61000 with a stop at 58800 Below 5800 go for sell and put stop at 60400. Read More Commodities:- Click link

MCX Commodity Newsletter For Moday 25 July 2011

MCX Gold and Silver Market News
MCX Gold and Silver closed on a bearish note on Saturday.ob precious metals seemed marginal losses.
 Basemetals outlook
Also in base metals futures closed down notes. and Crude Oil futures ended on a bearish on MCX.
 Crude Oil outlook
On NYMEX crude Oil ended USD 100/barrel on Saturday.


MCX Commodity weekly Report 25 July To 30 July 2011

MCX-NCDEX Weekly Report 
Yesterday's Market Hot News
MCX Copper August contract opened at 432 on Friday and is up by 17% at early morning trade on news of strike at Escondida, the worlds largest copper mine. Gold remained steady in Asian trade Friday after European leaders agree on a deal to offer fresh aid to Greece.
Analysts said the precious yellow metal is likely to move towards a weak finish for the week as investors keep an eye on the progress made in U.S. debt talks.
Gold for August delivery declined $9.90, or 0.6%, to settle at $1,587 an ounce on the Comex division of the New York Mercantile Exchange, its lowest price in a littlemore than a week.
Gold and Silver Weekly Chart and Technical report

Friday, July 22, 2011

MCX Basemetals Intraday Call For Today 22 July

MCX Basemetals Intraday Call For Today :

Buy MCX  Nickel July between 1070-1070,StoplossL-1061,Target-1085 1090

MCX Market Analysis Report For Today 22 July 2011

Today On MCX Crude Oil Price trading in upper side due to expected demand on NYMEX Crude Oil Trading $ 100 per barrel.Experts say the European Union decision to give Greece the stimulus may increase demand for crude. Also, growth in the euro against the dollar weakness is to get off oil.Now on MCX Crude oil Trade At Rs 4431.

On MCX The precious metals seeming down side trading Now Gold and silver are trading around at 23000 and 58300 respectively.and Base metals trading in upper trend as wel as upper side and copper change .5 % Today.
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MCX Commodities Support and Resistance For Today 22 July 2011

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 58000 The Silver Yesterday decline -1200 so please hold it. and Maintain proper stop loss and analysis support and reistance which give by me.

Currently Gold
is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 23000 The Gold is now trading is approaching overbought level. The Gold is now trading is approaching overbought level.

 The Copper
is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .
MCX-NCDEX Free Call

MCX Commodity Newsletter for Today 22 July 2011

GOLD STEADY BELOW $1,600/OZ; EURO ZONE SUMMIT EYED.
OIL TRADES NEAR HIGHEST IN A WEEK AFTER U.S. LABOR DATA, WEAKER DOLLAR.
COPPER FALLS FOR SECOND DAY AS MANUFACTURING MAY SHRINK IN TOP USER CHINA.
DOMESTIC OIL AND OILSEED TRADE MIXED.

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