Friday, March 18, 2011

MCX Commodity Trading Tips>>Gold, silver futures post notable gains

 MCX: 
BUY ZINC 104.80 TO 105.10 S/L BELOW 104 TGT 106,106.80 FINAL TGT 109(POSITIONAL TGT 112)

Base metals rebounded posting notable gains on opening of Multi Commodity Exchange (MCX) Friday session. International gold in spot traded USD 1,335.76/oz, up 8.36. 
 
MCX's most active April contract at Rs 20,778, up Rs 56 and so far moved between Rs 20,789- 20,745/10gm. Contract volume was 1,681 lots.

MCX gold mini most active April contract traded at Rs 20,768/10 gm, up Rs 56 and fluctuated between Rs 20,798- 20,733/10gm. Volume was 2,719 lots.

Most active silver May contract gained Rs 648 at Rs 52,660/kg and so far made intra-day high and low of Rs 52,741- 52,100/kg so far. Volume so far was 6,240 lots.

MCX silver mini April contract moved up Rs 609 at Rs 52,627/kg and traded between Rs 52,770- 52,100/kg. Volume recorded 11,566 lots.
  

BASE METALS: 
Aluminium March contract traded at Rs 113.45, down Re 0.10 at 10:29 am IST and opened the session at Rs 113.30 per kg. It moved between Rs 113.50- 113.20 per kg. Total volume so far recorded at 310 lots.

Copper April contract traded at Rs 436.60 per kg, up Re 0.30 at 10:29 am IST and traded in the range of Rs 436.80- 435.40 per kg. Total volumes so far recorded 4,643 lots.

Lead March contract currently traded at Rs 121.15/kg, up Re 0.30. The session opened at Rs 120.75 per kg and so far fluctuated in the range of Rs 121.30- 120.60 per kg. Total volumes recorded 1,542 lots.

Nickel March contract traded at Rs 1,186.10/kg, up Rs 12.00 and moved between Rs 1,186.50- 1,172.00 per kg. Volume so far recorded 4,253 lots. It had opened the session at Rs 1,172.00 per kg.

Zinc March contract traded at Rs 105.65, up Re 0.60 and traded between Rs 105.70- 104.90 per kg. Total volumes recorded 1,417 lots.


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