• Live MCX Blog

    Live MCX- A blog where you can get live commodity Updates, MCX Gold Silver Trading Tips, Base metals- Copper, Zinc, Lead and Nickel Updates, Energy- Crude Oil Trend, Crude Oil Updates and Natural Gas Tips on daily and regular basis.

  • What we do

    To provide MCX Tips- Gold Silver Live updates, Commodity Trading levels, Live news and updates on Various commodities like crude, copper, zinc, nickel etc, and exclusive tips on individual commodities.

  • About Us

    We are a bunch of experienced traders and technical analysts with both practical and technical knowledge of market. We track the market trend analysing the technical charts and fundamentals and provide tips accordingly.


  • MCX Gold Updates:- Consistent fall and weakness of the rupee against the dollar has lowered the the demand of precious metal gold in the domestic market India, the largest exporter of gold in the world. Now bullion traders and investors are waiting for the monsoon. Bullion traders and investors strongly believe that if the monsoon comes on time, chances are that the farmers would have better crop which will enable them to spend it on the purchase of gold. But any delay in the monsoon may enforce the gold to trade on lower side.In international market the gold is on weaker side. It hit the gold in the domestic market too. To balance the trade in commodity market the governemnt has incresed the import rate of gold by 4% which also caused the mcx gold.

    MCX gold declined by 0.3 per cent and the price has come to Rs 29,900 While mcx silver is trading at Rs 52,670 slipped 0.2 percent.

    MCX Crude Oil Updates:- There are moderate fluctuations in the base metals at MCX. MCX copper is consistently falling. According to market experts when the Euro region get rid of ongoing trading trouble, the market may show some extra pace in the trading.MCX Crude oil slipped by 0.35 and reached to the current market price of 4600.MCX Zinc gained a hike of 1.5%.Instead of these base metals the lead nickel and aluminium witnessed a growth of 0.5%.MCX Natural Gas is trading at 162.40 with a weakness of more than 0.5%.

    Hence after the keen market technical analysis we recommend you following mcx trading tips for today 29 June 2012

    MCX Copper (June futures): Buy - 415, stoploss of Rs - 412 goal - 425

    MCX Crude oil (April futures): Buy - 4630, stoploss of Rs - 4560 and the target – 4750

    MCX gold (August futures): Sell - 30000, stoploss of Rs - 30170 and the target - 29750

    MCX Silver (July futures): Sell - 53000, stoploss of Rs - 53500 and the target - 52300

    MCX Nickel June buy around with a stop loss below 920 levels and target of 942 levels.

    MCX Lead June Buy around 100.50 levels with a stop loss placed below 99.50 levels for targets of 103 levels.

    MCX Zinc June Buy around 101.50 levels with a stop loss placed below 100.50 levels for targets of 102.70 levels.

    Leave a Reply