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Wednesday 21 May 2014

MCX Intraday gold,silver calls, base metals update, 21 May Commodity trading tips on Wednesday


BUY CASTORSEED JUN above 3957 targets 3970,3985,4005 Stop loss 3931 

SELL CRUDE OIL JUN Below 6080 targets 6065,6050,6035 Stop loss 6110 

In Commodity market, Gold is sluggish trade in mid-morning on Wednesday, MCX Gold is now 2 Rs price up at 28188 Rs, and silver Jul Contract 147 Rs up at 41177. 

MCX Crude oil increasing pricing levels 65 Rs up at 6080, in support cues global Asian market. 

MCX base metals are trade negative side, all product down trade, Aluminium, Copper, Nickel, Lead are decline 0.05%. Nickel May contract 19.70 Rs down at 1146.00.

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2:40 PM SELL GOLD JUN Below 28150 Targets 28115, 28050 Stop loss 28205 

2:40 PM SELL SOYBEAN JUN Below 4530 Targets 4517, 4482 Stop loss 4556 

3:00 PM BUY TURMERIC JUN above 6454 Targets 6480, 6550 Stop loss 6398

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