MCX Commodity Tips, NCDEX, Copper Updates, Gold and Silver Tips Today

Gold along with silver may bounce back from lower levels due to short covering. Gold can trade in range of Rs. 27,900-28,300 and silver can trade in range of Rs. 51,500-53,000 in near term. Base metals counter can trade in green zone as some lower level buying can be seen at current levels. Copper may trade in range of Rs. 417-427 while Lead may trade in range of Rs. 106-108 and zinc in range of Rs. 102.50-104 in near term. Crude oil can bounce back from lower levels tracking firm overseas cues. Crude can trade in range of Rs. 5,000-5,150.

NCDEX, Agri Commodity Tips, NCDEX Live Tips:
Pepper futures to trade higher for the day. Pepper futures (June) is likely to take support above 37,300 levels and trade sideways. Turmeric futures (June) is likely to trade with a positive bias tracking a bullish spot market. Jeera futures (June) is likely to trade range bound facing resistance near 14,100 levels. Cardamom futures are expected to extend its uptrend because of strong demand to meet the festive season.

Commodity Tips on Mobile CLICK HERE MCX Updates

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MCX Market Data - Copper Updates, Crude Updates, Bullion Tips

Today Gold, Silver, Copper, Crude and other base metals in Commodity market are trading at positive prices. MCX Gold is trading in the range of Rs. 27,600-27,900 and MCX Silver is trading in the range of Rs. 53,100-53,400. MCX Copper is trading above Rs. 390 and MCX Crude is trading above Rs. 5000. All base metals are trading on a flat note today. We assume that all are trading at higher levels in today's trading session.

Precious metals (Gold and Silver) are trading higher on commodity market today. We expect prices to trade higher for the following trading session. All base metals are trading higher on International bourses today. We expect prices to trade higher for the day due to the euro zone debt crisis.  Crude oil is trading higher today. We expect prices to trade higher for the following trading session.

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MCX Gold, Silver, Copper, Crude, NCDEX Agri Trading Tips Today

Today we can see many changes in the prices of MCX Gold, Silver, Copper and other base metals. Tomorrow MCX commodity market will not open due to the festival holiday. Today MCX Gold is trading at above Rs. 29,000 and MCX Silver is trading above Rs. 57,000. MCX Copper and Crude are trading at positive prices. MCX Copper is trading above at Rs. 410. We assume that MCX Copper and Crude are trading at higher prices today. MCX Gold and Silver are also trading at higher levels OR same for the day.

Precious/Bullion (Gold and Silver) metals are trading flat on MCX today. We expect prices to trade higher for today's trading session. All base metals are trading flat on International bourses today. Crude oil is trading higher on NYMEX and MCX today. We expect prices to trade higher for today trading
session.

NCDEX Agri Commodity Market Updates and Trading Tips:
Pepper futures may trade in negative zone. Pepper futures to trade lower  for the day. Cardamom futures may remain sideways. Outlook for Chana is up for the day. Chana futures may trade sideways. Guar Complex is expected to trade sideways to lower for the day. Outlook for Soybean is seen down for the day. CPO is expected to trade lower. Outlook for Jeera is sideways to down for the day.  Turmeric futures may remain sideways.

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Weekly MCX Commodity Market Updates and News

GOLD
For the next week traders can use sell on higher level strategy if MCX Gold below 28400 it can test the level of 28200/28010/27800. Trade by keeping the strict stop losses.

Major support in MCX Gold is 28000and 27100.

SILVER
MCX Silver, 62000 and 65000 will act as major resistance and 52000 and 48000 will act as major supports. For the next week traders can use sell on higher level strategy if MCX Silver sustains below54500 then it can test the level of 53000/52000/51000, Trade by keeping the proper stop losses.

CRUDE
For the coming week MCX Crude Oil major resistance is found at 5200 and 5400 and major supports will be 4600 and 4350. For the next week traders can use sell on higher level strategy, if MCX if Crude sustains below 4940 then below 4890 it can test the level of 4830/4770/4720 in this week. Trade by keeping the proper stop loss.

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 395 then it can test the level of 399/404/409 if it does not break the level of 385 on the downside. For the upcoming week MCX Copper major resistance would be 415 and 425 and supports would be found at 375and 355.

NATURAL GAS
Natural Gas is in a consolidation phase and traders should use the strategy of selling on higher levels. For next week MCX Natural Gas sustains below 170 in the coming week then it can test the level of 167/162/158, if it does not break the level of 178 on the upside. For the upcoming week MCX Natural Gas major resistance would be 205 and 215, supports would be found at 165 and 155. 

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MCX Commodity Market News and Updates Today

Today again most of the products in MCX Commodity Market are trading negative. MCX Silver and Crudeoil are trading at higher prices today. MCX Gold, Naturalgas and all Base Metals are trading at lower prices today. We assume that all are trading same for the day. Today all Base Metals in MCX Commodity Market are trading negatively. Today in Bullion Metals MCX Gold and Silver prices are very up and down in trading session.

MCX Gold Dec is currently at Rs. 28920, it is trading up by Rs. 34 points for the day. MCX Silver Dec is currently trading at Rs. 57190, it is down by Rs. 500. MCX Crude Oil December is currently trading at Rs. 4943, it is trading up  by Rs. 13 for the day. All base metals are trading on a negative note today.

Pepper futures to trade lower for the day. Outlook for Soybean is seen up for the day. CPO is expected to trade higher. Guar Complex is expected to trade lower for the day. Outlook for Chana is up for the day. Outlook for Jeera is sideways to up for the day. 

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Free Commodity tips, mcx tips, mcx silver tips, gold tips, NCDEX Updates Today

Today MCX Gold, Copper and other Base Metals are open positive and trading at higher prices. Only MCX Silver, Crudeoil and Naturalgas are trading at lower prices. Today Copper Prices touch its high price above Rs. 395 in MCX. MCX Gold is currently trading near at Rs. 28,900 and MCX Silver is trading near about Rs. 57,700. We assume that MCX Gold touch the levels of Rs. 29,000 and MCX Silver Touch the levels of Rs. 58,000 in coming days.

Precious metals (MCX Gold and Silver) are trading higher on MCX today. We expect prices to trade higher for the day. Base metals are trading higher on International bourses today. We expect prices to trade higher for the day. Crude oil is trading Lower on MCX today.

NCDEX Agri Commodity Market Updates and Tips Today:-
Pepper futures is likely to remain range bound taking support above 34,000 levels. Jeera futures may trade bearish. Cardamom futures may trade bearish owing to profit booking & weak spot markets. Guar complex may trade sideways. Soybean futures is taking support above 2190 levels.

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