Wednesday, 9 October 2013

Mcx Commodity Market Trading Tips As on 10 Oct 2013

By recovery in U.S. dollars in international exchange has risen pressing on gold. Comex $ 1,300 to the price of gold has arrived. While silver is trading down to dollars 22.  While crude oil fell on Wednesday after declining has ceased. But the price is still down to dollars 102. In fact, in the United States about 70 million barrels of crude oil reserves have rose. Today rupee trading against the dollar has weak.

Today at MCX, with marginal gains 0.1 percent at MCX gold is trading at Rs 29 330. With flat silver has seen around Rs 49 030. MCX crude oil climbed 0.5 percent is reached close to Rs 6,350 . Natural gas with a lead of nearly 1 percent appears to be around Rs 232.

On MCX in the base metals gained 0.5 per cent to are seeing. With a gain of 0.5 percent copper trading at Rs 449.5. Aluminum 0.3 percent, 0.4 percent lead, 0.5 percent nickel and zinc also declined 0.5 percent.

Mcx Commodity Market Trading Tips As on 10 Oct 2013 By Commodity Advisory 100McxTips

MCX Natural Gas (OCT futures): Sell - 235, stop-loss - 240 Target - 225

MCX Copper (Nov futures): Sell - 452, stop-loss - 458 and Goals - 442

MCX Gold (December futures): Sell - 29350, stop-loss - 29450 and the target - 29050

MCX SILVER (December futures): Sell - 49250, stop-loss - 49600 and the target - 49250

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