Friday, February 17, 2012

MCX Trading Tips, NCDEX Live Tips, Intraday Market Updates

Today Bullion metals gold and silver are trading at positive price but Copper, Crude oil and other base metals are trading at negative price. Gold is trading in the range of Rs. 28,100-28,400 and silver is trading in the range of Rs. 56,200-56,450. Copper is trading in the of Rs. 410-420 and Crude oil is trading in the range of Rs. 5000-5100. All base metals are trading on a positive note today. We expect that all are trading same for the day.

Pepper futures to trade lower for the day. Pepper futures hit the upper circuit on good demand amid limited availability of the spice in the local market. Guar Complex is expected to trade higher for the day. Outlook for Soybean is seen down for the day. Outlook for Chana is up for the day. Outlook for Jeera is down for the day. Turmeric futures hit lower circuit amid rising arrivals in the spot markets after the recent surge in prices. Cardamom futures were down on reports of higher production estimates for 2012.


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