Commodity Prices & Tips Today

Gold commodity prices are expected to trade within a range from 31250 to 31500. One can buy gold commodity on dip around 31370 with a stop loss below 31250.

Silver commodity prices are resisting at 62400 which is the downward sloping trendline. Silver Prices can test 61400 61200 on lower end. Fresh buying in silver are recommended above 62400.

Copper commodity prices are likely to trade sideways from 434 to 440. One can trade with copper within the range with a positive bias.

Nickel commodity prices are expected to test 920 one can look to buy the counter around 920 with a stop loss below 905.

Lead commodity prices are expected to test 114 on lower end which seems to hold. For intraday one can buy with a stop loss below 113.

Crude commodity price are expected to trade lower to the tune of 4830 -4800, one can sell on rise around 4890 -4900 with a small stop loss above 4920.

Continue reading →

Live commodity Prices to trade

Gold commodity prices are expected to trade positive and are likely to witness 31450 – 31500, one can buy gold commodity on dips around 31280. Oscillators suggest prices are expected to trade higher.
Silver commodity prices are expected to trade higher for the day one can maintain a stop loss below 61000 and enter long.
Copper commodity prices are likely to test 437 -439 on higher end. One can buy on dips around 434 with a stop loss below 429.
Nickel commodity prices are holding 950 support on closing basis one can expect 975 on higher end. One can maintain a stop loss below 948 for intraday.
Lead commodity prices are expected to test 119.80 – 120 on higher end one can long around 118.30 with a stop loss below 117.
Crude commodity price are expected to trade with a range from 4650 to 4800. For intraday one can trade within the range with a positive bias.

Continue reading →

Commodity Market Updates & MCX Commodity Calls

Commodity Market Updates & MCX Commodity Calls: 4th Oct 2012

Gold prices are expected to trade lower to the tune at 31200 – 31150. For intraday one can buy MCX Gold Commodity for the target of 31400 -31450.

Silver prices are expected to trade within the range from 63000 to 61800. One can trade with silver commodity within the range.

Copper prices witnessed buying from the support at 436 -435, we expect copper commodity prices to test 443 -444 on higher end. One can trade with copper within the rangebound 436-435.

Nickel prices are holding 950 support and resisting 985 on higher end. Hence we expect a range bound move from 950 to 980. Fresh buying in nickel commodity above 985.

Lead prices are expected to trade within 121 to 117.50, one could sell MCX lead commodity on rise around 120.20 with a stop loss above 121.50.

Crude price are expected to test 4595 which is the previous bottom. One can expect a bounce in MCX Crude commodity if sustains the level above 4595.

Continue reading →

MCX Commodity Market Calls : 28th Sep 2012

Gold prices are expected to trade within the range from 31100 to 31500, one can buy gold commodity on dips around 31250 -31210 with a stop loss below 31100. One can expect a bounce in MCX gold till 31500-31550.

Silver prices are holding to the support at 62000 -61800, we can expect prices to test 63600 -64000 on higher end.

Copper prices are expected to trade within the range from 435 to 445, one can buy mcx copper commodity on dips around 439 -438 with a stop loss below 435.

Nickel prices are holding 950 support and resisting 985 on higher end. Hence we expect a range bound in nickel commodity move from 950 to 980.

Lead prices are expected to trade within 123 to 120, one should remain caution in long position below 119.50. one can buy MCX lead commodity with a stop loss below 119.50.

Crude price are expected to trade higher to the tune of 4960 5000. One can MCX crude commodity dips around 4870 -4860 with a stop loss below 4800.

Continue reading →

Commodity Prices : 7th September 2012

Gold prices are resisting the upward sloping trendline on closing basis.one can sell on rise around 31500.one could remain caution on long position as it has wiped out all the gain yesterday .
Silver prices are expected to witness profit booking as it ended and closed at the lower end. Prices can correct till 61000 – 60700 on lower end.
Copper prices have witnessed a breakout, one can buy on dip around 433 – 432 with a stop loss below 427. However prices are capped at 439 – 441.
Nickel prices are expected to trade within a range from 920 to 880, one can trade within the range.
Crude price have broken the supportive trendline we expect prices to correct further till 5210. We recommend to sell on rise around 5325 -5350.
Lead prices are expected to witness profit booking at 112.50 – 112, one can buy around that level with a stop loss below 111.

Continue reading →

Gold, silver Commodities Prices to Trade

Gold prices are expected to trade  higher to the tune of 29950 – 30000, one could buy on dips around 29730  - 29680 as  we expect some profit booking.Crucial support is at 29550

GOLD LEVELS
R:-29930/30170
S:-29710/29550


Silver prices, after a long consolidation has  crossed the resistance of 53100  – 53300. We expect prices to trade positive and test 54000  –54300. Buying 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 at 4970 level with a stop loss below 4935. 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 around 418 with a stop loss below 415.

COPPER LEVELS
R:- 422/427
S:-417/414

Continue reading →

Gold, Silver, Crude Commodity Prices to Trade

Gold prices are expected to trade within a broad range from 29100 to 29400. One can buy gold commodity on dips around 29150 with a stop loss below 29050. Prices in gold are expected to trade positive for the day.

GOLD LEVELS
Resistance:-29370/29440
Support:-29140/29058

Silver prices are likely to hold 52500 on closing basis, we can expect a bounce till 53400 in MCX Silver Commodity. One should buy silver around 52500 with a stop loss below 52000.

SILVER LEVELS
Resistance:-53325/53780
Support:-52500/52190


Crude  prices  have given a bullish price breakout and is expected to headed up till 5150  – 5200. Buying crude on dips  around 4950 is recommended.

CRUDE LEVELS
Resistance:-5020/5150
Support:-4925/4870

Copper prices are expected to trade within a range from 423 to 430, one can trade with copper within the range with a positive bias. Prices are likely to witness 430 -431 on higher end.

COPPER LEVELS
Resistance:-427.20/432
Support:-424.20/421

Continue reading →