SELL MENTHA JUNE @ 1187-1197 SL 1208 TGT 1174-1156-1138
SELL SILVER JUL @ 53800-900 SL 54060 TGT 53640-53480-53360
SELL PEPPER JUNE @ 39750-39850 SL 40000 TGT 39580-39260-39080
Tuesday, May 29, 2012
MCX NCDEX TRADING TIPS
SELL MENTHA JUNE @ 1187-1197 SL 1208 TGT 1174-1156-1138
SELL SILVER JUL @ 53800-900 SL 54060 TGT 53640-53480-53360
SELL PEPPER JUNE @ 39750-39850 SL 40000 TGT 39580-39260-39080
Sunday, May 27, 2012
Intraday Commodity Trading Tips
Sell Crude @ 5077-5097 SL 5120 Target 5056-5028-5004.
Buy Zinc 105-105.10 Stop Loss below 104.15 Target 106/106.50
Buy Aluminium 109.60 -109.70 Target 111/ 111.50 Stop Loss below 108.85
Friday, May 25, 2012
Silver, Gold, Copper, Lead Commodity Calls
Sell Silver around 54200 Target 53900-53700 SL above 54500
Buy Gold between 28770-28780 Target 28840-28890 SL below 28720
Sell Copper June @ 425-426 SL 428.20 Target 423.60-422
Sell Lead above 107.90 SL 108.50 Target 107.30/107.
Wednesday, May 23, 2012
Commodity Levels 24th June 2012
Silver Levels
R 54250, 54850
S - 53700, 53300
Gold Levels
R - 29100, 29335
S- 28800, 28650
Crude Level
R - 5050, 4970
S- 5125, 5170
Copper Level
R- 429.70, 434
S - 424, 421
R 54250, 54850
S - 53700, 53300
Gold Levels
R - 29100, 29335
S- 28800, 28650
Crude Level
R - 5050, 4970
S- 5125, 5170
Copper Level
R- 429.70, 434
S - 424, 421
Friday, May 18, 2012
Bullion, Base Metal and Energy Tips Today
Bullion and energy recommendations:
Gold trading range for the day is 27764-28980. Intraday gold is holding support at 27764 and resistance at 28980.
Silver trading range for the day is 51163-54593. Silver intraday support seen at 51163 and resistance at 54593.
Crude trading range for the day is 4956-5144. Crude is holding with a support at 4956 and resistance will be likely at 5144.
Base Metals Trading Tips for Today
Buy Copper at 421.80-422 stop loss 419 Target 425-427
Buy Nickel above 933-34 Stop Loss below 929 Target 939-942
Gold trading range for the day is 27764-28980. Intraday gold is holding support at 27764 and resistance at 28980.
Silver trading range for the day is 51163-54593. Silver intraday support seen at 51163 and resistance at 54593.
Crude trading range for the day is 4956-5144. Crude is holding with a support at 4956 and resistance will be likely at 5144.
Base Metals Trading Tips for Today
Buy Copper at 421.80-422 stop loss 419 Target 425-427
Buy Nickel above 933-34 Stop Loss below 929 Target 939-942
Wednesday, May 16, 2012
COMMODITY LEVELS FOR TODAY
GOLD
Gold prices are likely to bounce till 28150 -28200, one can buy with a stop loss below 27830. Oscillators are in over sold zone hence a bounce back cannot be ruled out.
LEVEL
R- 28110/28270
S- 27850/27775
SILVER
Silver prices have corrected to its crucial support at 51500 and we expect value buying in the white metal. Prices are expected to test 52600 – 53000 on higher end. Oscillators are in over sold zone.
LEVEL
R- 52100/52700
S- 51200/50600
COPPER
Copper prices are expected to test 425 -427 zone on higher end. One can buy on dip around 418 with a stop loss below 415.
LEVEL
R- 423/427.80
S- 417/412
Gold prices are likely to bounce till 28150 -28200, one can buy with a stop loss below 27830. Oscillators are in over sold zone hence a bounce back cannot be ruled out.
LEVEL
R- 28110/28270
S- 27850/27775
SILVER
Silver prices have corrected to its crucial support at 51500 and we expect value buying in the white metal. Prices are expected to test 52600 – 53000 on higher end. Oscillators are in over sold zone.
LEVEL
R- 52100/52700
S- 51200/50600
COPPER
Copper prices are expected to test 425 -427 zone on higher end. One can buy on dip around 418 with a stop loss below 415.
LEVEL
R- 423/427.80
S- 417/412
FREE MCX COMMODITY CALLS: 16TH mAY 2012
mcx commodity tipsBUY MCX ZINC MAY @ 103.40-103.50 SL 102.70 TGT 104.00-104.60-105.20
BUY MCX NATURAL GAS MAY @ 132-134 SL 128.5 TGT 137.20-140.50-144
SELL MCX COPPER JUNE ON RISE 420-421, SL 422, TGT 416-415.
SELL MCX LEAD MAY @ 108.65-108.75 SL 109.75 TGT 107.00.CMP 108.50
BUY MCX CRUDE @ 5005-5008 SL 4980 TGT 5040-5055
SELL MCX SILVER JULY @ 52200-52150, SL 52350,TGT 51900.CMP 52150
Tuesday, May 15, 2012
Gold, Silver, Crude, Copper Commodity Levels for Today
GOLD
Gold prices are holding the upward sloping trendline support at 28200, any
sustained move below 28200 can witness a sell off to the tune of 27900 -27800.
LEVEL
R-28270/28470
S-28150/28050
SILVER
Silver prices are holding 53400 – 53500 support for couple of days, we expect a sell below 53400 for the down move till 52800 – 52700.oscillator also are in oversold zone hence aggressive selling not advised.
LEVEL
R-53850/54200
S-53400/52900
COPPER
Copper prices are expected to test 422 -421 zone on lower end. Prices are expected to hold the support zone, one can enter long with a small stop loss below 418..
LEVEL
R-429/434
S-426/421
CRUDE
Crude prices are witnessing selling pressure and should continue till 5000 -4950 on lower end. Prices are expected to trade lower as long as trade below 5150. Oscillators are in negative territory.
LEVEL
R-5150/5170
S-5050/4970
Gold prices are holding the upward sloping trendline support at 28200, any
sustained move below 28200 can witness a sell off to the tune of 27900 -27800.
LEVEL
R-28270/28470
S-28150/28050
SILVER
Silver prices are holding 53400 – 53500 support for couple of days, we expect a sell below 53400 for the down move till 52800 – 52700.oscillator also are in oversold zone hence aggressive selling not advised.
LEVEL
R-53850/54200
S-53400/52900
COPPER
Copper prices are expected to test 422 -421 zone on lower end. Prices are expected to hold the support zone, one can enter long with a small stop loss below 418..
LEVEL
R-429/434
S-426/421
CRUDE
Crude prices are witnessing selling pressure and should continue till 5000 -4950 on lower end. Prices are expected to trade lower as long as trade below 5150. Oscillators are in negative territory.
LEVEL
R-5150/5170
S-5050/4970
Monday, May 14, 2012
INTRADAY COMMODITY CALLS : 14TH MAY
SELL SILVER JUL BELOW 54000 SL 54380 TGT 53820-53680-53450BUY NATURAL GAS MAY @ 132-134 SL 128.5 TGT 137.20-140.50-144
SELL LEAD MAY @ 110 SL 110.80 TGT 109.05-108.5
SELL ZINC MAY @ 103.55 SL 104.10 TGT 102.80-102.4
SELL NICKEL @ 916.50 SL 924.50 TGT 912-908
SELL COPPER JUNE @ 430 SL432 TGT 427-425
Friday, May 11, 2012
Commodity Tips for today : 11th may 2012
Gold prices are likely to head lower to the tune of 28250 –
28180. One can sell on rise around 28500 with a stop loss above
28640.oscillators are heading down.
LEVEL R-28670/28760
S-28350/28100
Silver prices are expected to trade lower and test 53800. Oscillators are in over sold zone hence aggressive selling not advised.
LEVEL
R-54800/55300
S-54200/53800
Copper prices are expected to trade within a range from 432 to 440, one can sell around 437 -438 with a stop loss above 441. A break below 432 can witness selling to continue till 428.Oscillators indicating flat to down move.
LEVEL
R-439/442
S-432/428
Crude prices are witnessing resistance at 5225 – 5235 on higher end.And holding the support at 5125. Prices are expected to trade lower below 5125.Oscillators are in negative territory
LEVEL
R-5235/5275
S-5125/5056
LEVEL R-28670/28760
S-28350/28100
Silver prices are expected to trade lower and test 53800. Oscillators are in over sold zone hence aggressive selling not advised.
LEVEL
R-54800/55300
S-54200/53800
Copper prices are expected to trade within a range from 432 to 440, one can sell around 437 -438 with a stop loss above 441. A break below 432 can witness selling to continue till 428.Oscillators indicating flat to down move.
LEVEL
R-439/442
S-432/428
Crude prices are witnessing resistance at 5225 – 5235 on higher end.And holding the support at 5125. Prices are expected to trade lower below 5125.Oscillators are in negative territory
LEVEL
R-5235/5275
S-5125/5056
Thursday, May 10, 2012
Today's Commodity Market Recommendations
Gold prices are likely to head lower to the tune of the level 28200 –
28150. One can sell gold commodity on rise around 28500
-28470 with a stop loss above 28630.oscillators are in turning down. Expected levels for gold for today are resistance level -28760/28870 and support level-28420/28270.
Silver prices are expected to trade lower and test 54400.
Oscillators are in over sold zone hence aggressive selling not advised in silver.Today's expected levels for silver should be resistance level -55300/55780 and support level 54200/53500.
Copper prices have failed to cross 440 on higher end
indicating lack of buying interest, one can witness selling pressure in copper commodity to the tune of 430. Oscillators indicating flat to down move. We can find expected levels are resistance level -439/442 and support level 434/431.
Crude prices as expected test the resistance zone at 5225 –
5235 on higher end and witnessed selling pressure in today's commodity market. We expect selling pressure in crude
to continue, one can sell crude on rise till 5185 -5195. Levels should be resistance level -5235/5275 and support 5125/5056.
Wednesday, May 9, 2012
Gold, Silver, Crude, Copper commodity Levels
GOLD LEVEL
R-28760/28870
S-28600/28420
Silver prices are expected to trade lower and test 54400. Oscillators are in over sold zone hence aggressive selling not advised.
SILVER LEVEL
R-55270/55780
S-54800/54100
Copper prices have failed to cross 443 on higher end indicating lack of buying interest, one can witness selling pressure if sustains below 434. Oscillators indicating flat to down move.
COPPER LEVEL
R-439/442
S-434/431
Crude prices are expected to test 5225 – 5235 on higher end.Oscillators are in over sold zone and hence a bounce cannot be ruled out.
CRUDE LEVEL
R-5187/5270
S-5125/5056
Monday, May 7, 2012
Commodity Market Strategy Report
Gold Strategy Report:
Spot gold weakened slightly weighed by a strong dollar which rose due to the elections in France and Greece. The Euro dropped to a three month low against dollar after the election which raised worries of a Euro zone debt crisis again. At the same time slothful US payroll numbers on Friday are likely to prompt hopes of another round of the monetary easing programmed which may raise gold’s safe haven appeal again. As per the data available from US Commodity Futures Trading Commission, speculators lifted up their bullish bets in gold to the highest level since early April in the first week of May. However physical demand for gold from Asian markets remained subdued with buyers moving back to the sidelines. Even though the support of 1630 has been cleared, auxiliary moves were inadequate to strengthen the anticipated broad bearish outlook. The Lower end of the Bollinger band, along with trend line supports, are restricting prices from major liquidation pressures. Since the start of April, prices have been congested inside 1680-1610 levels and any of the side breakouts will put additional pressure on prices. Briefly, enduring chart formation suggests heavy selling but requires to 1672 remain undisturbed. For the day we favor an initial pullback followed by a drift lower which could probably target 1610/1580 or even more later.
Today's expected resistance and support levels for Gold are
R- 28980/29110
S- 28870/28725
Silver commodity Market Review:
As long as 56000-55800 hold the downside expect a push higher towards 55500 followed by 56800. However, it would be required to break 57050 with convincing volume to extend the rally, else would see a choppy with negative session. Expected Silver commodity levels for today are
R- 56260/56780
S- 55500/52100/54800
Copper Market Strategy:
Yesterday copper prices are in correction mode as we said we should wait till 440-438 mark to initiate long positions and till the time we can sell on rise till 446-47 with strict s/l of 451.2. Today's level for copper are
R- 442/447
S- 434/428
Spot gold weakened slightly weighed by a strong dollar which rose due to the elections in France and Greece. The Euro dropped to a three month low against dollar after the election which raised worries of a Euro zone debt crisis again. At the same time slothful US payroll numbers on Friday are likely to prompt hopes of another round of the monetary easing programmed which may raise gold’s safe haven appeal again. As per the data available from US Commodity Futures Trading Commission, speculators lifted up their bullish bets in gold to the highest level since early April in the first week of May. However physical demand for gold from Asian markets remained subdued with buyers moving back to the sidelines. Even though the support of 1630 has been cleared, auxiliary moves were inadequate to strengthen the anticipated broad bearish outlook. The Lower end of the Bollinger band, along with trend line supports, are restricting prices from major liquidation pressures. Since the start of April, prices have been congested inside 1680-1610 levels and any of the side breakouts will put additional pressure on prices. Briefly, enduring chart formation suggests heavy selling but requires to 1672 remain undisturbed. For the day we favor an initial pullback followed by a drift lower which could probably target 1610/1580 or even more later.
Today's expected resistance and support levels for Gold are
R- 28980/29110
S- 28870/28725
Silver commodity Market Review:
As long as 56000-55800 hold the downside expect a push higher towards 55500 followed by 56800. However, it would be required to break 57050 with convincing volume to extend the rally, else would see a choppy with negative session. Expected Silver commodity levels for today are
R- 56260/56780
S- 55500/52100/54800
Copper Market Strategy:
Yesterday copper prices are in correction mode as we said we should wait till 440-438 mark to initiate long positions and till the time we can sell on rise till 446-47 with strict s/l of 451.2. Today's level for copper are
R- 442/447
S- 434/428
Free Commodity Levels for Today : 8th May 2012
Gold Commodity Levels for Today:
Resistance Levels For Gold : 28980/29110
Support Levels For Gold: 28870/28725
Silver Commodity Levels For Today:
Resistance Level : 56260/56780
Support Level : 55500/52100/54800
Copper Commodity Levels for Today:
Resistance Level for Copper : 442/447
Support Level for Copper : 434/428
Crude Commodity levels for Today:
Resistance Level for Crude: 5187/5270
support Level for Crude:5125/5000
Resistance Levels For Gold : 28980/29110
Support Levels For Gold: 28870/28725
Silver Commodity Levels For Today:
Resistance Level : 56260/56780
Support Level : 55500/52100/54800
Copper Commodity Levels for Today:
Resistance Level for Copper : 442/447
Support Level for Copper : 434/428
Crude Commodity levels for Today:
Resistance Level for Crude: 5187/5270
support Level for Crude:5125/5000
Friday, May 4, 2012
Forecasts for Commodity Market : Gold, silver, Copper, Crude
Gold commodity Forecasts
We have been seeing selling pressure on comex gold but due to rupee depreciation mcx gold is showing strength if the counter breaches 29080 then we can see further fall till 28900-28700.Till the time wait and watch for Gold commodty or buy above 28300. Very imp data points for today commodity to set the direction for market today. Resistance level expected for Gold is 29310/29425and support level expected for Gold is 29080/28950 .
Silver Commodity Forecasts
Silver prices are trading in range bound in today's commodity market and shoeing weakness on chart should wait for breakout on either side. Till the time we can trade in silver between 56000 and 57700. Very imp data points today to set the direction for market today. Expected range for silver may be resistance level is 57750/58100 and support level is 56850/56500.
Copper Commodity
Copper Commodity Forecasts
Yesterday copper prices are in correction mode as we said we should wait for the copper level till 440-438 mark to initiate long positions and till the time we can sell copper on rise till 446-47 with strict s/l of 451.2. very imp data points today to set the direction for market today. Today's expected copper commodity levels are resistance level 449/ 454 and support levels 444/441.
Crude Commodity Forecasts
We have seen a sharp fall in crude process yesterday. Today in crude we can see some support at 5470-60 go long and go short at 5570-90 with s/l of 5638. Very imp data points today to set the direction for market today. Levels for today's market are resistanc levels are 5570/5630 and support levels are 5470/5410.Thursday, May 3, 2012
Crude Oil Latest Market Strategy : Crude Commodity levels For this Week
Important level for crude commodity to be watch
Crude Oil climbed to a five-week high after U.S. manufacturing increased at the fastest pace in 10 months, signaling that economic growth will accelerate in the world’s biggest crude-consuming country. Crude Futures gained 1.2 percent as the Institute for Supply Management’s factory index exceeded the most optimistic forecast.
Crude prices have fallen 4 percent from a March 1 peak as tensions have eased between Iran and Western nations over the country’s nuclear program. The reaction to the ISM shows that the crude commodity market is much more focused on the state of the economy than the situation with Iran. This is the first surprise we’ve had to the upside crude in quite a while.
Crude oil for June delivery gained $1.29 to $106.16 a barrel on the New York Mercantile Exchange, the highest settlement price since March 27. Crude Oil has climbed 7.4 percent this year. Prices were little changed after Washington-based industry group American Petroleum Institute said U.S. oil inventories rose 2.04 million barrels to 370.4 million last week for crude, the highest level since May 27, 2011. The June contract gained $1.10, or 1 percent, to $105.97 in electronic trading.
Technically speaking there is formation of head and shoulder pattern in weekly chart of crude. The size of this crude chart suggest this formation after breaking the level of 5687 can took crude till 6317. The news for such break for crude commodity is of ongoing tension in Iran and western nation. The other major count in this hike would be the debt crises could rise further. Important level for crude commodity to be watch during this move are 5687 , 5770,5830,5940,6170. One could go long on crude at the level of 5530 with stop-loss of 5430 for the target of 5830 & 6080 with time frame of 10-15 days.
Commodity Levels For Today's Market
Free Gold, silver, Copper and Crude commodity updates for today's Market
Gold prices are facing some resistance at these levels so we can expect some correction at this point in time so try to buy on lower levels around 28950-29000 levels with stop below 28700.Expected resistance levels for gold commodity are 29290/29425 and support levels for gold should be 29090/29000
Silver commodity prices are really not moving out of the range we should wait for the right move and currently the trend could trigger downside if it breaches the 56000 mark close below the same.
Today's expected levels for silver commodity are resistance level 56800/57200 support level 56400/56000.
In copper the only counter showing some overbought scenario so we can see some correction in the counter so try to sell on rise till 448-49 for the target of 442-40. Over all the counter showing positive momentum in copper commodity, but wait for some correction to go long. Today's expected levels for copper should be 447/451 (resistance level) and 442/439 (support level).
In the crude commodity market same view maintained ,crude prices have given a breakout and likely to hit the next levels of 5700 and we should buy crude on dips bet 5530-40 for the target of 5700-5730. We can go for the following levels for crude commodity, resistance level 5635/5710 and support level 5570/5535.
Wednesday, May 2, 2012
MCX Commodity Levels For Today : 2nd May 2012
MCX Commodity Levels for today's Market : GOLD, SILVER, COPPER, CRUDE
Yesterday in the commodity market in Silver we have seen a sharp pull back in the counter and likely to trade positive till the expiry of contract. We may see the counter to test 58000. We have seen support levels for silver commodity is 56850/56500 and resistance levels should be 57750/58100 .
In Copper the only counter is showing strength looks to trade positive in the short term, we may see lower level for copper commodity of 440-438 and looks to go long at these levels for the target of 455-460. Whilst analyzing the resistance levels for copper should be 449/ 454 and similarly the support level for copper should be 444/441.
Crude commodity prices have given a breakout and likely to hit the next levels of 5700 and we should buy crude on dips bet 5530-40 for the target of 5700-5730. Today's crude commodity level are expected resistance level 5650/5710 and support level 5535/5490 .
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