Showing posts with label commodity. Show all posts
Showing posts with label commodity. Show all posts
Monday, July 30, 2012

Commodity Market Update: 30th July 2012

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Gold prices are expected to trade  higher to the tune of 29900 – 29950, one could buy mcx gold on dips around 29700 - 29670 as  we expect some profit booking. Fresh buying in gold commodity can be initiated if sustains above 29910.
GOLD LEVELS
R:-29930/30170
S:-29710/29550

Silver prices, after a  long consolidation has crossed the resistance of 53100  – 53300. We expect silver commodity prices to trade positive and test 54000  –54300. Buying mcx silver on dips is recommended around 53100 – 53000.
SILVER LEVELS
R:- 53700/54100
S:-52700/52200

Crude prices are expected to test higher around the resistance at 5055 -5060.  We expect buying for crude commodity at 5000 level with a stop loss below 4940. One could be caution around 5055 -5060.
CRUDE LEVELS
R:- 5040/5150
S:-4950/4870

Copper prices are likely to trade within the range from 415 to 425. One can buy mcx copper commodity around 419 with a stop loss below 415.50.
COPPER LEVELS
R:- 422/427
S:-417/414

Quick Commodity Tips:30th July 2012

Buy Crude @ 5000 SL 4940 TGT 5040-5150
Buy Copper around 419 SL 415.50 TGT 422-414

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Sunday, July 1, 2012

Trading Commodity Tips: 2-July-2012

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Today's Commodity Market Updates

Gold trading range for the day is 29629-29717. Silver trading range for the day is 53010-53782. Silver is trading below 55523, with intraday support seen at 53010 and resistance at 53782. Nat.Gas trading range for the day is 147.23-166.63. Natural Gas is holding with a support at 154.77 and resistance will be likely at 157.17. Copper trading range for the day is 428-431.4. Zinc trading range for the day is 103.68-104.28. Nickel trading range for the day is 933.13-938. Pepper trading range for the day is 40680-41620. Aluminium trading range for the day is 105.32-106.02. Crude trading range for the day is 4646-4736.Crude is holding with a support at 4646 and resistance will be likely at 4736.

Trading Commodity Calls

SELL COPPER AUG BELOW 428.50 SL 430.50 TGT 426.50-424.50   
BUY CRUDE JULY @ 4675-4687 SL 4650 TGT 4712-4738-4760.
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