Friday, March 25, 2011

MCX Commodity Market Weekly Report and Trading Tips

Bullion:
Gold April 11 contract was up by 0.60% to Rs 20,846 per 10 grams, 
goldM May 11 contract was up 0.70% to Rs 21,055 per 10 grams and 
goldguinea April 11 contract was up by 0.82% to Rs 16809 per 8 grams. 

Silver May 11 contract was up by 6.64% to Rs 55467 per kg, 
silverM April 11 contract was up by 6.67% to Rs 55485 per kg and 
silverMIC April 11 contract was up by 6.65% to Rs 55482 per kg.

Metals:  
Lead May 11 contract was up by 1.25% to Rs 121.70 per kg, 
lead mini May 11 contract was up by 1.08% to Rs 121.55 per kg, 
copper April 11 contract was up by 0.42% to Rs 438.15 per kg, 
zinc May 11 contract was up by 2.33% to Rs 110.00 per kg, 
zinc mini March 11 contract was up by 2.19% to Rs 107.35 per kg, 
aluminium May 11 contract was up by 4.36% to Rs 118.50 per kg, 
nickel May 11 contract was up by 3.35% to Rs 1229.50 per kg, 
alumini April 11 contract was up by 2.75% to Rs 117.50 per kg.

Energy: 
Natural gas May 11 contract was up by 2.24% to Rs 200.70 per MMBTU and crude oil May 11 contract was up by 1.51% to Rs 4781.00 per barrel.

Agri: 
Kapas April 11 contract was up by 1.12% to Rs 1180.40 per 20 kgs,
cardamom April 11 contract was down by 0.98% to Rs 1114.10 per kg, 
refsoyoil April 11 contract was down by 1.87% to Rs 598.75 per 10 kgs, menthaoil May 11 contract was down by 1.27% to Rs 954.90 per kg, 
guarseed April 11 contract was down by 1.67% to Rs 2762 per 100 kgs and 
sugar May 11 contract was down by 0.90% to Rs 2847 per 100 kgs.

MCX Trading Tips:
Buy MCX Gold April above 20850 for target 20950, SL 20800

Buy MCX Copper April  above 438.1 with SL 435.1,  TGT 441.1 , 442.8 , 444.5 
Sell MCX Crude Palm Oil April  below 509.5,  SL 513.5 and TGT 505.5 , 502.7 , 499.5 

Sell  MCX Nickel @ 1207, SL 1211 and TGT 1200, 1191, 

Buy MCX Zinc March  above 107, SL 106.3 and TGT 107.7 , 108 , 108.3 

Buy MCX Silver May  at CMP 55820, REST AT 55633, SL 55540, TGT 56388

Sell MCX CPO March at CMP 509.30, REST AT 511.10, SL 512.7, TGT 503.10

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