MCX Commodity Market Updates & News Today

Today Trading in MCX Commodity Market is totally opposite from yesterday. Today all Bullions Metals MCX Gold, MCX Silver, Base Metals, MCX Copper, MCX Crude Oil are trading at higher prices. Only MCX Naturalgas is trading at lower prices today. Gold prices can open with positive note tracking strong opening in international markets. MCX Gold can trade in range of 27,400-27,600 in near term while MCX Silver can move in range of 54,500-56,500. Base metals can witness some short covering but will rise sideways movement will be seen. Crude oil can open on negative note continuing yesterday losses. Crude oil can test 4,400 in MCX.

Precious metals are trading higher on COMEX today.
Base metals are trading higher on International bourses today.
Crude oil is trading lower on NYMEX today.
 

FREE mcx tips on mobile, free mcx, mcx silver, mcx commodity tips, mcx crude oil today, mcx report in silver, free commodity tips, gold mcx, mcx gold price, mcx market

Continue reading →

MCX Commodity Market Report Today | MCX trading tips

GOLD SLIDES 2 PCT ON JAPAN'S YEN INTERVENTION.
CRUDE OIL EASES AS DOLLAR STRENGTHENS.
COPPER DOWN ON DLR RISE; EUROPE DEAL EUPHORIA FADES.
DOMESTIC OIL AND OILSEED TRADE LOW TRACKING WEAK GLOBAL DEMAND.

FREE mcx tips on mobile, free mcx, mcx silver, mcx commodity tips, mcx crude oil today

Continue reading →

MCX-NCDEX Commodity Market Updates & News Today

Today is the new week and day for trading after diwali vacation. From tomorrow next month will also started. Today all MCX Commodity Market products trading at lower prices. All products in MCX Commodity Market open with negative, only Naturalgas is trading positively. MCX Gold, Silver, Copper, Crude are trading at lower prices today. MCX Gold prices can open with positive note. Base metals can witness some profit booking after the recent swift gains and can trade on volatile note. Crude oil futures may trade sideways with a negative bias.

NCDEX Agri Commodity Market Updates Today:-
Pepper futures to trade lower for the day. Pepper futures may see more downside in today`s session tracking weak spot markets. Cardamom futures may trade bearish owing to arrival pressure and ongoing harvesting season. Guar Complex is expected to trade lower for the day. Guar seed futures touching 4,600 levels may witness some profit booking. Outlook for Soybean is seen down for the day. Outlook for Chana is sideways to up for the day. Outlook for Jeera is sideways to down for the day.

FREE mcx tips on mobile, free mcx, mcx silver, mcx commodity tips, mcx crude oil today, guar seed news, guar seed updates, mcx report in silver, ncdex tips free trial, free commodity tips, gold mcx, mcx gold price, mcx market

Continue reading →

Weekly MCX Commodity Market Report and Trading Tips

MCX GOLD
For the next week MCX Gold below 27400 it can test the level of 27200/27000/26850. Trade by keeping the strict stop losses.

Major support in MCX Gold is 26300 and 25700.

Major resistance in MCX Gold is 28300 and 28800.

MCX SILVER
For the upcoming week MCX Silver, 62000 and 65000 will act as major resistance and 45000 and 42000 will act as major supports. For the next week traders can use buy on lower level strategy if MCX Silver sustains above 58700 then it can test the level of 59500/60500, Trade by keeping the proper stop losses.

MCX COPPER
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels. For next week MCX Copper sustains above 403 then it can test the level of 408/413/417 if it does not break the level of 380 on the downside. For the upcoming week MCX Copper major resistance would be 415 and 425 and supports would be found at 375 and 355.

MCX CRUDE OIL
NYMEX Crude is in consolidation phase. Last week Crude Oil was able to sustain at higher levels and close near to week high. For the coming week MCX Crude Oil major resistance is found at 4500 and 4680 and major supports will be 4200 and 4000. For the next week traders can use sell on higher level strategy, if MCX Crude sustains below 4500 then below 4460 it can test the level of 4410/4350/4300 in this week. Trade by keeping the proper stop loss.

MCX NATURAL GAS
Natural Gas is in a consolidation phase and traders should use the strategy of buying on lower levels. Last week Natural Gas was able to sustain at higher level for most part of the week. For the upcoming week MCX Natural Gas major resistance would be 205 and 215, supports would be found at 175 and 165.

FREE mcx tips on mobile, free mcx, mcx silver, mcx commodity tips, mcx crude oil today 

Continue reading →

MCX Gold, Copper, Crude Technical Report Today

GOLD SLIDES AS MACRO WORRIES LIFT DOLLAR.
CRUDE OIL FALLS AS CHINA GDP DISAPPOINT, EURO ZONE WEIGH.
COPPER FALLS ON EUROPE ANXIETY, CHINA GDP.
INDIAN SPICES COMPLEX TRADE BEARISH.

FREE mcx tips on mobile, free mcx, mcx silver, mcx commodity tips, mcx crude oil today

Continue reading →