Friday, July 29, 2011

MCX Commodity Market Updates

MCX Commodity Updates:-
MCX Gold prices once again went down due to the rise in dollar on Thursday, as investors chose to take some profits off the table after the bullion's sharp run up in the recent past. Crude oil prices closed slightly higher on Thursday after the crude oil prices are heading towards their weekly decline.

NCDEX Commodity Updates:-
In NCDEX Agri commodity Pepper futures have made a good bounce back on Friday after being pounded in last couple of sessions. Reports of strong export demand and tight supply in the domestic market has supported the prices today.
Guar Seed futures have declined sharply on NCDEX.

Today’s Picks :-
SELL GUARGUM 
BUY CPO ON DIPS 
SELL GUARSEED

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