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Tuesday 29 April 2014

MCX Gold & Silver downside, base metals red signal, 29 April Intraday commodity trading call


In Commodity market, MCX gold and silver trade downside, Gold Jun contract India's MCX is trade down 185 points at 28785. the MCX Silver May contract trade is falls 312 points at 42156. 

MCX Base metals all product Copper down 1.65%, Nickel 6.60%, Lead 0.85%, Zinc 0.90% is trade down side. MCX Crude oil May contract is trade up 11 Rs at 6146. it crude oil high of 6148 and touch a low of at 6125. 

Today MCX NCDEX trading call on Tuesday 
12:25 PM, SELL GOLD JUN below 28775 targets 28740/28705/28675 Stop loss 28830 

01:15 PM, BUY SILVER MAY above 42100/42200/42300 Stop loss 41850

LME INVENTORY UPDATE 
Copper -1925 
Lead unch 
Nickel -582 Zinc -3200 
Aluminium +11900

03:11 PM, SELL CASTORSEED MAY below 40052 targets 4039/4024/4004 Stop loss 4080

2 comments:

  1. TMCFGRNZM (20 AUG.)TREND: CONSOLIDATE RES 1:6695 RES 2: 6750 SUPP 1:6565 SUPP 2:6490 STRATEGY: BUY ON DIPS
    Ncdex Chana Tips

    ReplyDelete
  2. You have described very well about the commodity market here, Epic Research is a leading advisory firm who provides useful and current market news.

    ReplyDelete