MCX Tips For The Last Day of 2012

Bullion:  MCX Gold Contract is looking negative for the day. Market may find support near 31580 & 30480; intraday resistance can be seen near 30730 & 30840. Day traders are advised to sell intraday on rise. (Sell around 30730 with SL 30840, for the target of 30580 & 30480.)    MCX Silver  Contract is looking negative for the day. Market may find support near 57200 & 56700; intraday resistance can...

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MCX Commodity Tips for The Day : 27/12/12

Bullion:  Gold prices are expected to trade within the range from Rs 30500 to Rs 30800. Trend for the day is likely to be sideways to down. One can initiate a sell around Rs 30700-30720. Silver prices are expected to trade within the range from 57200 to 57900. For intraday if holds 57300 one can buy for intraday with a stop loss below 57200. Metal: Copper prices are expected to trade within a range from 443 to 436. One can...

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Academy Stock Exchange: Why Take an Online Stock Trading Course?

Academy Stock Exchange: Why Take an Online Stock Trading Course? Nice Blog, Good information about stock market, it is very informative and helpful. I always ready to read this type of blogs. Regards: <a href="http://stockstrokes.com/freetrial.aspx">Share Market Advisors</a&g...

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MCX News For 26th Dec. 2012

BULLION : Gold futures prices today fell by 0.40 per cent to to Rs 30,732 per 10 gm as speculators reduced their positions, taking weak cues from the global market.         At the Multi Commodity Exchange, gold prices for delivery in February fell by Rs 122, or 0.40 per cent, to Rs 30,732 per 10 gm in a business turnover of 1,569 lots. METAL :  In range-bound movements, copper futures traded a shade higher today largely...

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MCX Tips for 24th Dec. 2012

Gold prices are likely to bounce bank to the tune of 31050 - 31150. For intra day one can buy if sustains above 30800 with a stop loss below 30740. prices are expected to witness selling pressure around the mention zone whereby recommended to exit long position. Silver prices are expected to bounce back till 59000 - 59300 on higher side one can buy for intra day if sustains above 58400 with a stop loss below 58000. Copper prices...

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MCX & Commodity News For the Weak

Industrial metals prices slipped yesterday due to uncertainty over the outlook for demand, increased by a fall in the number of U.S. house building projects being started in November, while investors also kept a close watch on budget talks in the United States.  European lead and zinc premiums were unchanged this week as prices on the London Metal Exchange remained elevated with lead prices touching a year high, market participants said....

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MCX Weekly Upadates and Technical Trends - 17th dec. - 21 dec. 2012

MCX GOLD Technical Trend MCX GOLD last week showed choppy movements from last two sessions and took reversal from 38.2% retracement and it is consolidating around trend line. Now if it gives closing below 31000 then bearish rally is expected towards the level of 30500. On other hand 31500 is seen as strong resistance for it only above this some upward movement is expected. Strategy Better strategy in MCX GOLD is to buy above 31500 for the targets...

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MCX Tips Today for 19th Dec. 2012

BULLION : Gold prices have witnessed a major fall after a bounce back to the resistance zone at 31500-31550. We expect selling pressure to continue sell on rise around 31150 31200 with a stop loss above 31320 for the down side target at 30850-30750. 30700 seems to be a key support below which we expect prices to witness a sell off till 29500-29000. Silver prices are expected to trade negative till 60000-59500, one can sell on rise around 61000...

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MCX Tips For 18 Dec. -Buy Gold above Rs 31600 :

BULLION: Gold prices are expected to trade within the range from 31550 to 31300. Trend for the day is likely to be positive. However selling pressure is expected around 31500 -31550. Fresh buying recommended above 31400. Silver prices are expected to trade within the range from 62200 to 61400. For intraday one can buy around 61600 with a stop loss below 61400. BASE METAL: Copper prices are expected to trade within a range from 452 to 442. One...

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Commodity Market View for 10th Nov. 2012

Bullion: Gold prices are expected to bounce till 31500, for intraday one can buy around 31280 -31250 with a stop loss below 31150. Silver prices also expected to bounce till 63200 -63300, one can buy on dip around 62600 -62500 with a stop loss below 62250. Base Metal: Copper prices have witnessed support at 440 -441 levels we expect prices to test 448 – 450 on higher end one can buy with a stop loss below 441. Nickel prices are expected to trade within the range from 935 to 955 one can trade within the range with a positive...

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Nifty Future Tips & Stock Market Updates 30 Nov 12

Today Indian Market Closed on green note. The Nifty index ended at 5,826.60, up 99.15 points or 1.73 percent and it touched a high of 5,833.50 and a low of 5,736.10 in trade today.The Sensex closed at 19,170.16, up 328.08 points and this index touched a high of 19,205.33 and a low of 18,873.63 in trade today. Bullish Intraday Stocks 30 Nov 12 BANKINDIA WELCORP PRADIP NCC UCOBANK FSL HINDPETRO RELCAPITAL BANKBARODA DENABANK TATACHEM SBIN RECLTD PATELENG IOB TVSMOTOR LT ICICIBANK HINDUNILVR CHAMBLFERT LICHSGFIN ONGC CIPLA MUTHOOTFIN HDFCBANK ALBK...

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Commodity Updates and News for 29th nov. 2012

Bullion : Gold futures declined sharply & by about $36 per ounce, on a combination of technical selling, expiration of options and futures contracts, deflationary concerns and a stronger US dollar. Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,818.07 tons, as on Nov. 21. Base Metal: Copper futures declined, as investors shunned riskier assets on concerns about the details of Greece's new debt deal and lack of progress in US budget talks aimed at averting...

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Commodity Market for 26th Nov. 2012

Gold: Gold in India followed international prices and gained over 2% weakening dollar and appreciation in rupee could restrict the steepness of rise in domestic markets in the coming week. Outlook:  Gold (December): Gold is expected to move in the range of 31800-32700 during the week ahead. Base metal : We expect base metals to be range-bound as we await the final decision of IMF for Greece bailout and as policy changes from the new Chinese leadership is expected. Outlook:   Copper (November): Copper is expected...

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Commodity Market News For 16th Nov 2012

Bullion: Gold suggest that prices have reversed after taking resistance of 31800 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 31170. Trading Call: Sell around 31500 levels with a stop loss placed above 31700 levels for targets of 31170 levels. Silver suggest that prices have reversed after taking resistance of 61500 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 60000. Trading Call: Sell around 60800 levels with a stop loss placed above 61100 levels for targets of 60000 levels. Energy...

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Commodity News For 15 nov. 2012

Gold prices are expected to remain positive. One can buy around 31700 -31650 with a stop loss below 31500 we expect price to test 32000 on higher end. Silver prices  are expected to remain positive  we expect prices to test  62200  – 62300  on higher end one can buy around 61100 with a stop loss below 60500. Copper prices are expected to trade within the range from 414 to 424. One can trade within the range. However, 426 acting as a strong resistance. Nickel  prices  are  consolidating and are...

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Happy Diwali :Commodity Market News For Today 12th nov. 2012

The Multi Commodity Exchange (MCX) COMDEX opened negative after a fall of 0.04% on Saturday. It is currently trading lower by 5.15 points, or 0.14%, at 3,699.01 at 10.01 a.m. after opening at 3,703.99. Other index like MCX Metal is trading upward by 0.49 points, or 0.01%, at 5,212.52 after opening at 5,211.58. MCX Agri is trading down by 22.98 points, or 1.05%, at 2,160.98 after opening at 2,162.94. Meanwhile MCX Energy is trading down by 2.42 points, or 0.07%, at 3,324.40 after opening at 3,326.2...

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Commodity News for Today : for 9th nov. 2012

Bullion: Precious metals prices rose to three-week highs yesterday as investors continued to bet on easier U.S. fiscal policy following President Obama's victory, and prices also got a bounce from fears about increased tensions between the United States and Iran. Base Metal  : Industrial metals prices edged higher yesterday in cautious trade ahead of a leadership transition in top metals consumer China, which may result in fresh economic stimulus measures, while concerns about weak demand and the U.S....

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Commodity Weekly News And Strategies from 5th Nov. to 9th Nov. 2012

MCX GOLD  MCX GOLD last week showed downward trend it moved in a downward channel pattern and found strong support of lower band of channel, now if it able to break support of 30350 than we expect bearish trend in it towards the level of 30000. On other hand if it takes reversal from lower band than resistance is seen around 30850. Strategy Better strategy in MCX GOLD is to sell below 30350 for the target of 29800-29400 with stop loss of 30900. MCX SILVER  MCX SILVER last week showed downward trend on daily charts it moves in downward...

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Commodity News and Updates for 7th oct. 2012

Bullion :  Gold prices are  expected to remain  volatile ahead a US elections, we expect prices to trade within the broad range from 31500 to 30900. Silver prices closed at higher end with a positive break above 59200. As long as price holds and closes above 59200 prices are expected to trade higher Base metal :  Copper prices are expected to trade higher and test the resistance of 425 -426. For intraday one can buy around 421 with a stop loss below 417. Crossing 426 would witness fresh buying to the tune...

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Commodity New for Today 02 oct. 12

Gold prices are expected to witness a sideways to downward trend one can sell on rise around 31000 -31050 with a stop loss above 31170 for the downside target at 30800 -30750. Silver prices witnessing selling pressure from higher end we expect prices to test the support at 59400 -59300. For the day we expect prices to trade within a range from 59000 to 60200. Intraday one can sell with a stop loss above 60350. Copper prices are expected to trade within the range from 418 to 426, one can trade with a positive bias...

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Commodity Weakly News and Updates

MCX GOLD  MCX GOLD last week showed upward trend it moves in a downward channel pattern and faced strong resistance of upper band of channel, now if it able to break resistance of 31520 than we expect bull trend in it towards the level of 31750. On other hand if it breaks psychological support of 31000 than it may find next support around 30750. Strategy Better strategy in MCX GOLD is to buy above 31520 for the target of 31750-32000 with stop loss of 31000. MCX SILVER MCX SILVER last week showed down trend and moves in channel pattern...

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Commodity News For 31st Oct. 2011

Gold closed lower at $1709. Market was range  bound, with a very subdued trading as hurricane Sandy was the main concern for the market. Silver also opened lower at $31.70, along with copper and cct. rude oil. For past 4 trading session, gold is trading sideways, but as the 7 RSI is at 38, there is still room for further down side. Next technical target should be $1693 (38.2retracement of the may to October uptrend) followed by $1662 (50% retracement). Upside resistance poised at $1720 and $1748. Silver also trading sideways for last 7...

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Commodity News Updates for 30th Oct . 2012

BULLION: Gold prices are expected to witness a range bound move from 31200 to 30950. One can trade with a positive bias and buy on dips around 31000 – 30950 with a stop loss below 30900. Silver prices are  expected to  bounce till  60000  - 60100 one can  buy around 59350-59250 with a stop loss below 58800. Prices are expected to  trade within a broad range from 60100 to 58800. Fresh buying is expected above 60100 on closing basis. METALS Copper prices are expected to trade within the range from 416 to 426, one can...

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Weekly Commodity Report and Technical Tends from 22 -26 Oct. 2012

MCX GOLD Technical Trend MCX GOLD last week showed upward trend it moves in a downward channel pattern and faced strong resistance of upper band of channel, now if it able to break resistance of 31520 than we expect bull trend in it towards the level of 31750. On other hand if it breaks psychological support of 31000 than it may find next support around 30750. Strategy Better strategy in MCX GOLD is to buy above 31520 for the target of 31750-32000 with stop loss of 31000. MCX SILVER Technical Trend MCX SILVER last week showed down trend and...

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Commodity News and Updates for 23 Oct. 2012

BULLION : Gold prices are expected to trade within a range from 30950 to 31200. One can trade within the range with a negative bias.  Fresh  selling could trigger below 30950. Silver prices are  expected to trade within the range from 59000 to 60200. One can sell on rise around 60000 with a stop loss above 60350. BASE METTLE : Copper  prices  are  expected  tested the  support at  428 on lower end, if sustains below 428 prices are expected to test 424 -423. one can sell on rise around...

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Commodity News today : 22 oct . 20122

Gold and Silver   Yesterday Gold closed almost unchanged at $1749. The metal continues to consolidate the nasty fall from $1795 to $1730over the past two week. From a price perspective, while the metal holds below $1758, the risk is to the downside. Our short term target after $1730 is $1693, which is the 38.2% retracement of the may to September up move ($1528 to $1795). Silver was slightly higher yesterday and closed at $33.14.the metal is still weak following the impulsive downfall fro $35.10 to $32.57 in the...

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Weekly Commodity Report : for this Week

MCX GOLD Technical Trend MCX GOLD last week showed downtrend it moves in a downward channel pattern and faced strong resistance of upper band of channel, now if it able to break this resistance than we expect bull trend in it towards the level of 31750. On other hand if it breaks psychological support of 31000 than it may find next support around 30750. Strategy Better strategy in the MCX GOLD is to buy above 31510 for the target of 31750-3200, with stop loss of 31100. MCX SILVER Technical Trend MCX SILVER last week showed down trend it took...

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Commodity News and Latest Update

 BULLION : Gold prices are  expected to  bounce to the tune of 31450  if sustained above 31300,  one can buy around 31300 with a stop loss below 31220.  one could witness profit booking around 31450 -31500. Silver prices are resisting 61000 -61100  zone. Prices  are expected to trade within the range from 61000 to 60000. Fresh buying recommended above 61000. BASE METAL :  Copper prices as expected tested the zone at 445 -446. For intraday one can sell around 443 – 443.50 with...

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Commodity News with Market Rate and Target for 18th Oct 2012

BULLION:  Gold closed slightly higher, partially recovering from sharp losses early in the week, Gold holdings  of SPDR gold trust, the largest ETF backed by the precious metal, declined to 1,333.89 tons, as on Oct. 15. Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,861.44 tons, as on Oct, 16.                                               High  ...

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Commodity Tips for 17 Oct. 2012

Commodity Levels                                                  R2         R1      PIVOT       S1           S2 Bullion MCX :                   Gold                                    31,238   31,218  ...

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Daily Commodity news : 16 oct 12

Gold futures fell more than 1%, as data from two of the world’s biggest economies helped spur an overall rally in global stock markets while a stronger US dollar added further pressure on the precious metal. Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,885.54 tons, as on Oct, 15. Copper futures fell to a one-month low, on concern that policy makers in China, the biggest consumer of the metal, may refrain from additional economic stimulus after exports...

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Commodity News For 15 oct 12

Gold prices moved lower amid better flow of macroeconomic numbers in US. Better than expected consumer sentiment dented the safe have appeal to an extent. In spite of the recent weakness in the precious metals complex, we infer that gold prices should find support around US$1,740/ounce levels. On the domestic front, Rs31,000/10gms act as a good support level.   Base metals ended lower, devoid of any impetus.  Market participants are waiting for further direction from the slew of Chinese macroeconomic...

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Commodity Weekly News, 8th - 12th Oct.

MCX GOLD Technical Trend MCX GOLD DEC last week showed downtrend it moves in a downward channel pattern, took support around the psychological level of 31000 we expect if it break this level than it may find next support around lower band of channel i.e. 30650. Breakout of channel pattern is expected above 31350 after that next resistance is seen around 31650. Strategy Better strategy in the MCX GOLD is to sell below 31000 for the target of 30650-30450, with stop loss of 31500. MCX SILVER Technical Trend MCX Silver last week showed down...

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Commodity, Precious Metals and Crude Technical Out look for 12 oct 12

Bullion: Gold prices are expected to trade within a range from 31250 to 31500. One can buy on dip around 31370 with a stop loss below 31250. Silver prices are  resisting at 62400 which  is the downward sloping trendline. Prices  can test 61400  – 61200  on lower end.  Fresh  buying recommended above 62400. Base Metal:  Copper  prices  are likely to trade  sideways from 434 to 440. One  can trade within the range with a positive bias Nickel  prices  are expected to  test...

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Commodity Current Market News for 11th oct 12

Current Market MCX Gold - current mkt price- 31464.0 Today it opens at 31457.0 Goes as High as 31511.0 and Low as 31432.0 INTERNATIONAL GOLD - current mkt price - 1765.90  Today it opens at 1767.30 Goes as High as 31511.0 and Low as 1760.20 MCX SILVER - current mkt price -62143.0 Today it opens at 62161.0 Goes as High as 62328.0 and Low as 62101.0 INTERNATIONAL CRUDE - current mkt price -113.58 Today it opens at 113.56 Goes as High as 113.76 and Low as 113.26 ...

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Best Commodity Intraday Tips For Today 10 oct. 2012

Gold Prices are expected to trade positive and are likely to witness 31450 31500, one can buy on dips around 31280. Oscillators suggest prices are expected to trade higher. Silver Prices are expected to trade higher for the day one can maintain a stop loss below 61000 and enter long. You can sell mcx novem Copper between 445/450 sl 466 tgt 420/415 Can Buy mcx Aluminum between 106/107 sl 99 tgt 117/120 Also Buy mcx nickel 915/925 sl 875 tgt 980/990 Buy mcx lead 109/110 sl 101 tgt 122/125 Buy mcx Zinc 104/105 sl 98 tgt 115/118...

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Commodity News For Today 9th oct 12

MCX Gold December Contract is looking slightly negative for the day. Market may find support near 31200 & 31090; intraday resistance can be seen near 31330 & 31420. Day traders are advised to sell intraday on rise. (Sell around 31330 with SL 31420, for the target of 31200 & 31090.) MCX Silver December Contract is looking slightly negative for the day. Market may find support near 61200 & 60700; intraday resistance can be seen near 61700 & 62200. Day traders are advised to sell intraday on rise (Sell around 61700 with SL 62200,...

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Commodity Trading Market News

Indian Gold futures are likely to extend losses for a fifth week, breaking their lowest level in more than a month, weighed by a stronger dollar.The most-active gold for December delivery on the Multi Commodity Exchange (MCX) was 0.34 percent higher at Rs 31,272 per 10 grams, after hitting a low of Rs 31,081 earlier in the day, nearing a level last seen on August 31. Selling is advised on rallies in gold at Rs 31,350, with a stop loss at Rs 31,500, targeting Rs 31,000, said Gnanasekar Thiagarajan, director with Commtrendz Research in Mumbai,...

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Today's Update for Commodity.

Gold continued downfall on Monday extending its losses from the previous session, positive job dat weakened the sentiment for additional stimulus measure. Gold importers in India, the world's biggest buyer of bullion, continued to place deals in view of upcoming festivals as prices stayed in the vicinity of their lowest levels in five weeks. for  December delivery on the Multi Commodity Exchange (MCX) was 0.04 percent  higher...

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