MCX Crude Updates:-
In todays trade all commodity traders and investors must keep their eyes on the most important commodity of the market i.e. Crude oil. Crude oil at MCX is looking very dull and may trade in the negative note. The decision on crude oil will decide the moment and trend of the crude oil in the upcoming session of Federal Reserve. MCX Crude August futures is trading below 84 dollars a barrel.
MCX Copper Updates :-
At London Metal Exchange copper traded slightly in the up side on Tuesday, supported by a fall in the dollar but also pressured by concerns about the euro zone's debt problems as Spanish and Italian bond yields spiked, while trading was muted ahead of a Federal Reserve policy meeting.
MCX Gold & Silver Updates:-
Jaipur has seen a surge in gold and silver prices on Wednesday. Jaipur traders allegedly said there has been a upward movement of Rupees 300 in the standard gold in the state Jaipur.MCX gold is still under market pressure although it is still at 30,200. The silver is slightly down and trading at Rs 54453. There is a decline in the international market for gold, while silver has seen a slight upward movement.
MCX Trading Tips for 21 June 2012
Gold (MCX): Buy Rs -30.100, stoploss of Rs Rs -30 000, -30 375 target Rs
Silver (July futures) MCX: Sell Rs -54 700, -55 000 stoploss of Rs Rs Rs -54 000 goals
Copper (June futures) MCX: Sell RS -424, -426 stoploss of Rs Rs Rs goals -420
Nickel (MCX): Buy RS -951, -940 stoploss of Rs Rs Rs goals -965
Silver (July futures) MCX: Sell Rs -54 700, -55 000 stoploss of Rs Rs Rs -54 000 goals
Copper (June futures) MCX: Sell RS -424, -426 stoploss of Rs Rs Rs goals -420
Nickel (MCX): Buy RS -951, -940 stoploss of Rs Rs Rs goals -965
FILL THE FREE SUBSCRIPTION FORM TO AVAIL FREE MCX AND STOCK TIPS.