Tuesday, July 24, 2012

MCX Tips and Trend|NCDEX Tips For Today

MCX Commodity Trend For Today

Slight decline in the international market with gold and silver are traded. Comaks mild weakness with gold at $ 1,575, while silver fell 0.20 per cent fall is around $ 26 per ounce. 0.60 percent on Monday with strength in the domestic market gold closed at Rs 29 453, while silver was 0.15 per cent to Rs 52 920, with slight increase. The slowdown in the international market due to weak domestic market are also gold and silver. Naimaks the crude oil with about 1 per cent is trading around 89 dollars a barrel. Copper on LME has also gone up by 0.5 per cent. Even with a marginal decline of 0.1 per cent on MCX gold is trading at Rs 29 420. While silver dropped 0.2 per cent to Rs 52 820 has occurred. At the MCX, crude oil fell by 0.5 per cent to Rs 5,000, with the remains. MCX has jumped to 0.5 per cent in the base metals.

MCX Tips For Today

MCX Copper (August futures): Buy - 419.5, stoploss of Rs - 416 goal - 425
MCX Crude oil (August futures): Buy - 5020, stoploss of Rs - 4980 and the target - 5080

NCDEX Tips For Today

NCDEX Soybean (August futures): Sell at 4880, stoploss of Rs 4950 and the target at 4780
NCDEX Soyatel (August futures): Sell at 797, stoploss of Rs 804 with a Target of 788