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    • MCX Tips for Today

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    MCX Tips for Today 02 July 2012 | MCX Market Outlook | 

    MCX Crude Oil Updates & Trend:- Finally the wait of traders and investors has come to an end. Today both commodity market as well as the stock market shown the up trend. At multi commodity exchange the mcx crude oil bounced back by 2 percent to the lowest of past 9 months in the international market. The impact of which was also seen in the home commodity market too. Further today the Rupee gained a slightly edged up in the Forex market. The Rupee is at Rs 55.755 against the dollar in the market. Although this bounce back of rupee the mcx crude oil is trading at 4490 with a slight hike of 0.5%. Today the stock market bounced back and closed at 17430, up by 439 points with all the sectorial gains.

    MCX Gold & Silver Trend Updates:- MCX Gold is trading in the upper side in the international market with a hike of 1.25 percent it should have impacted the gold in the domestic market too but unfortunately it was vice versa. MCX Gold in the market traded at the lower levels. Gols slipped by more than 0.5 percent in the market and currently trading at 29,470.While the MCX Silver is strengthened by 0.5% at mcx and is now at 51900 levels. The market experts are cliaming that the commodity business at home has weakened due to the high prices of precious metals. The investors as well as traders are away from the market due to it. Once the prices dropped market may see again a bear trend in the mcx gold.

    MCX Base Metals Trend:- All MCX base metals including lead, nickel, copper are trading at up side only except the aluminium which noticed a decline of 0.5 percent.

    Important Technical Levels to watch in the commodities at MCX today 02 July 2012

    MCX Crude oil (April futures): Buy - 4500, stoploss of Rs - 4465 and targets - 4555/4578

    MCX gold (August futures): Sell - 29,610 to 29,605, stoploss of Rs - 29 700 and the target - 29505/29450

    MCX Silver (July futures): Buy - 52 150, stoploss of Rs - 51 870 and the target - 52600/52950

    MCX Copper (August futures): Buy - 424.5 to 424.60, stoploss of Rs - 421.90 target - 428/430

    MCX Zinc (July futures): Buy - 103, stoploss of Rs - 102.10 target - 104.10/105

    Lead MCX (April futures): Buy - 102.70, stoploss of Rs - 101.80 target - 103.80/104.70

    Aluminum MCX (April futures): Buy - 105.40, stoploss of Rs - 104.50 target - 106.50/107.40

    MCX Nickel (July futures): Buy - 937-938, stoploss of Rs - 924 goal - 955/965


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    MCX Market Trend | Trading Tips for today 29 June 2012

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    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.

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    MCX Market Trend & Tips for Today 28 June 2012

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    Crude Oil Updates for Today :- Before the European summit the crude oil is being seemed on down side.Although the crude is getting support from the weakness in the rupee in the domestic market. Rupee today traded continuously on decline. Due to the fluctuation in the commodity market the crude oil is trading on upper side. With the fall of approx 0.3% the crude oil at NYMEX reached to the level of $ 79. While at mcx market the crude oil is trading at 4550 with a hike of 0.5 % in the prices.

    Crude Oil Tips for Today :- Since the there are no signals in the economy to support the rupee Hence we recommend you to Buy Crude oil (April futures): @- 4540, stoploss of Rs - 4510 and the target – 4600.

    MCX Gold Silver Updates:- MCX gold and silver are trading in the sluggish mood before the summit.European market forced the market to trade quiet. It was being truted that the market some steps would be taken to get rid of the loan problems.The completely flat on gold is trading at Rs 29975 The silver is trading below the flat and Rs 53,000. On MCX base metals have declined by 0.25 per cent.

    MCX Natural Gas Updates:- Natural gas prices in the last 2 weeks business trading recorded a growth of 35 per cent. While in today's trade on MCX Natural gas is nearly 2.5 per cent full. On MCX Natural gas prices have risen to Rs 163.

    Further Despite secondary market remaining largely rangebound due to lack of positive triggers, two IPOs will hit the street this week. One IPO would be listed on the BSE SME platform while the other would be decided via book building process.

    MCX Commodity Trading Tips for today 28 June2012 | Live MCX Prices | MCX Live Chart 

    MCX gold (August futures): Sell - 30 100, stoploss of Rs - 30 200 and the target - 29 850

    MCX Silver (July futures): Sell - 53000, stoploss of Rs - 53400 and target - 52 200

    MCX Copper (June futures): Sell - 419, stoploss of Rs - 423 goal - 411

    MCX Crude oil (April futures): Sell - 4585, stoploss of Rs - 4629 and the target - 4495


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    MCX Trading Tips for Today 27 June 2012

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The
much- hyped RBI's policy measures to curb the rupee slide failed to
cheer the Street as the benchmark indices fell on Monday. The Central
bank's announcement disappointed the investors, who were looking for
some strong actions.
    

    
MCX
Gold Silver Updates:- At the
MCX market, the gold touched a level of 30,400 in late trade but
recouped losses.The negative signals in the global market caused the
mcx gold and silver to trade in the lower side.The
mcx gold price in the domestic market fall by around 190 rupees (0.7
percent).Thursday night in the world market price of gold fell by two
per cent.
    

    

    

    
MCX
Crude Updates:-MCX Crude oil is expected
to trade in the pressure at mcx. the
market may be in reverse gear in today's trade as investors would
like to square off their long positions on disappointment over the
announcement of less aggressive policy.
    

    

Further
today RBI's decision has increased the pressure in the market. As no
concrete steps taken by RBI as expected by the investors and traders
and the market will see rapid pace on Wednesday trade.On Tuesday's
trade market did not saw any kind of pressure.
    

    


    

    

    

Further
today In Stock market the Sensex closed at 16,906.58, up 24 points as
21 counters including SAIL, HUL, Sesa
Goa and Sterlite Industries. fell
in the 2- 3 per cent range. Investors wealth across the market
dropped by over Rs 26,000 crore. The 50- share Nifty ended at
5,120.65, a up of around 06 points. Moody's decision to retain
India's credit rating outlook at stable, even when its peers are
bearish on the country's growth prospects, added to early surge.
    

    

    

    
What
will be the market trend on 27 June 2012 
    

    

MCX
Gold today may witness a bullish trend so we recommend you to go
on Buying side for gold above 30180, Stop loss 30100, Target 30260.
Same We'll recommend for silver Buy above 53750,
Stop Target 54050-54100. Stop loss-53450,
    

    

Buy
MCX Copper above 417.30, Stop loss 415.30, Target 419.30
    

    

MCX
Aluminium Buy above 104.30, Stop loss 104, Target 104.60.
    

    

MCX
Crude Oil Buy at 4550, Stop loss 4520, Target 4575-4580.
    

    

    

    
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MCX Tips & Crude Updates 26 June 2012

    

    

    

    

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MCX Crude Oil Trend:- Crude oil at MCX is expected to continue trade at the lower levels. The decline will continue it;s path today also.Domestic market witnessed a sharp down of around 1.5% in the mcx crude oil. Decline in the international market and weak rupee caused the pressure in the prices of base metals. MCX Crude oil is trading at the current market price of Rs. 4530.
    

    
MCX Gold Silver Trend:- Due to Strengthening of the rupee against the dollar made the gold in the domestic market is increasingly looking at Braille.Although the gold in the domestic intraday market trading declined by Rs. 250 but later the weakening in the rupee supported the gold in the market.Currently gold is trading at 29,890 with a fall of 0.3%.MCX Silver is trading at 52,615 with a fall of 0.5%.
    

    
MCX base metals but is now down deeper. MCX Nickel and lead to a decline of 1 per cent. The Copper, aluminum and zinc are seeing the weakness of nearly 1 per cent.
    


    
MCX Trading Tips for today 26 June 2012
    


    
MCX gold (August futures): Sell - 29900, stoploss of Rs - 30 100 and the target - 29 500
    MCX Crude oil (April futures): Sell - 4570, stoploss of Rs - 4615 and the target - 4498
    


    

    

    
  
    

    
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Live MCX News & Updates 25 June 2012 - Algo Trading

    

    

    

    

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25 June may be a big day for the mcx future market and also for the traders and investors who trade in futures. It is expected that there is a very special surprise that is close to come today by FMC for the commodity future trading.Forward Markets Commission (FMC) is about set the guidelines for algorithmic (Algo Trading) in commodity future trading. The official announcement is going to take place in next few days bu the thing is that our market is yet not ready for this radical change.
    

    
What is Algo Trading ?
    

    
Algo Trading is basically done with the help of software. With the help of this automated software buying/selling of commodities takes place automatically according to the preset formula. With the launch of this software commodity trading will accelerate itself. The reason is all the traders and investors will be able to do trade in micro seconds.Algo trading may be used for any kind of investment strategy.
    

    
Although the FMC also admits that there aren't enough infrastructure for the launch of this new system.According to the news sources, on the mcx platform the algo trading is at the par. Some broking firms are also providing these facilities.With the use of it Liquidity in the market is growing.
    

    
MCX Trading Tips 25 June 2012
    


    
MCX Crude Updates:-
    

    

    

    

Crude Oil Trend Levels (June Futures ) For 25 June 12 
    

    

    

    

    

    

    
TREND
    
    		Bearish
    

    
RESISTANCE 2
    
    		4720
    

    
RESISTANCE 1
    
    		4670
    

    
SUPPORT 1
    
    		4510
    

    
SUPPORT 2
    
    		4420
    

    
STRATEGY
    
    		Buy on lower Levels
    

    


    

    

    

    
MCX Natural Gas Tips : 
    


    
BUY ABOVE 150.00 TARGET 1: 154.90 TARGET 2: 160.00 SELL BELOW : 144.50
    


    
SELL BELOW 141.00 TARGET 1: 138.60 TARGET 2 : 134.90 SELL ABOVE : 146.20
    

    
MCX COPPER UPDATES:-
    

    
Copper is likely to find support at Rs. 414.2 per kg and Rs. 412.2 per kg and resistance at Rs. 420 per kg and Rs. 423 per kg. 
    
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MCX Crude Updates 23 June 2012

    

    

    

    

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MCX Gold, Silver, Crude Oil, Copper updates
    

    
An Upward movement in the commodity market has been been observed on Friday's trading hours. The most important commodity of the mcx market, MCX Crude oil, gained a marginal hike of around .25% and managed to stuck at the level of Rupees 4530.
    

    
U.S. Federal Reserve deferred by long-term bond sales for the year. Analysts said that U.S. companies are in no better shape. Deterioration of the situation in Europe as well as demand-supply gap is increasing the pressure on the crude oil.Meanwhile, in China's industrial production figures are disappointing in consecutive Meanwhile, in China's industrial production figures are disappointing consecutive 8th month.
    

    
MCX Gold with a 0.35 per cent up managed to reach at Rs 29,950 per 10 grams while MCX Silver with 0.1 per cent up met the level of Rs 52,960 per Kg. Both precious metal commodities traded with strength.
    


    
Today we saw a pressure in the mcx base metals.But aluminum has risen nearly 0.5 per cent to touch the Rs 105 and strong.However the nickel and zinc declined by 0.5 per cent , while copper and lead faced a marginal decline.
    


    
Trading Tips For 23 June 2012
    


    

    
MCX Gold Sell below 29930, Stop loss 30020, Target 29840.
    

    
Sell MCX Silver below 52800, Stop loss 53100, Target 52500.
    

    
MCX Copper Sell at 414, Stop loss 415.50, Target 412.50.
    

    
Sell MCX Crude Oil below 4515, Stop loss 4540, Target 4480.
    

    
MCX lead Updates Sell at 103.50, Stop loss 103.90, Target 103.10.
    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    


    


    

    
 
    
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Gold - Silver Declined, Crude oil hiked by 0.5%

    

    

    

    

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MCX Market News & Latest Updates 22 June 2012
    


    
Gold and silver are trading with a moderate losses in the international market. There has been a decline observed in the trading of these precious metals. Gold dropped 0.15 per cent at COMEX and reached to the level of 1,563, while there is a marginal decline in silver which is trading around 26 dollars a barrel.On Thursday trading (21 June 2012) the gold closed at 30,000 with a fall of about 1.5 percent. While Silver closed at 52,980 with a decline of 3 percent.
    


    
Crude Updates:- At Nymex crude oil is trading with a gain of half per cent, but the live price of Crude oil is still at 78 dollars a barrel.In the domestic market the crude oil observed a sharp decline of around 3% and closed at 4502. 
    


    
Copper Updates:- Copper on the London Metal Exchange is trading with a marginal hike. Copper dropped 1.5 per cent in the domestic market on Thursday & closed at Rs 414.
    


    
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MCX Trading Tips & Technical Outlook 22 June 2012

    

    

    

    

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Today MCX Crude oil faced a sharp decline in the prices while trading on mcx. Live MCX price of crude oil is 4600 which is 2% low from it's previous close.This pressure in the crude prices are due to the non announcement of QI-3 by Federal Reserve. It is expected that until the federal reserve does not announce the policy  the crude will face the continuous down fall in the prices.In the United States huge gains in crude oil reservation has been noticed. United States crude oil stocks rose last week's is a record in 22 years.Crude oil dropped 1.30 per cent on the Nymex & is trading at 80 dollars a barrel.

    Copper on the London Metal Exchange fell by 1 per cent which caused the impact on base metals in the domestic market.MCX in the base metals declined by 1 per cent. MCX Copper with a decline of 1 per cent is trading at Rs 416.60.MCX Aluminum with 0.7 per cent fall reached to Rs 105.Nickel is trading at Rs 950.10 1 per cent fall. Lead and zinc are down 0.7 percent.


    MCX gold fell by 0.5 per cent to trading at current price of Rs 30100. MCX Silver fell by 1 per cent and the price has come down to Rs 54,000. Crude oil slipped 1.5 percent on MCX and is trading at Rs 4580.

    Experts Recommendations for Commodity Trading on 22 June 2012


    Buying MCX Gold (August futures) betweeen 30150-30050 with a stop loss of Rs-30 207 & Target of -30207 may give a huge profit.                                                                                                              

    Go for buying MCX Silver (July futures) between Rs -54000-53800 with stop loss of Rs -54680 & Target of 54680
    

    

    

    

    
Sell Crude oil @4590 Stop Loss-4605 Target-4542/4515/4470/4430  
    

    

    

    
MCX Copper Support- 415 Resistance- 426
    

    

    
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MCX Market Trend & Trading Tips 21 June 2012

    

    

    

    

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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
    

    

    
 
    
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Sure shot MCX Trading Strategies For 20 June 2012

    

    

    

    

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MCX Crude Updates:
    


    
Crude oil has come under pressure again.On MCX, crude oil  is in the dull position despite the weakening rupee.On Nymex the crude oil is at low of last 8 months while at ICE Brent crude is at the 16 months low. Today the Federal Reserve Bank's meeting started which caused the crude to go under pressure. MCX crude oil is trading at Rs 4660 with lethargy.
    

    
MCX Gold Updates:
    


    
Indian gold extended gains for an eighth session running to hit a record high on Tuesday. On MCX gold was 0.30% higher at Rs 30,402 per 10 grams, after hitting a peak of Rs 30,428 earlier in the day. 
    

    
MCX August : Intraday Levels are: Resistance at 30450/30600, Support: 30160/29950
    

    
MCX Silver Updates:
    


    
Silver is also a strong trend. Rs 55,000 with a gain of 0.25 per cent silver on MCX is trading up.
    


    
MCX Trading Strategies For today 20 June 2012
    


    

    
Buy MCX Gold  above 30450, Stop loss 30350, Target 30550
    

    

    
Buy MCX Silver above 55000, Stop loss 54700, Target 55300.
    

    

    
Buy Lead above 106.20, Stop loss 105.80, Target 106.60.
    

    

    
Buy MCX Crude oil above 4730, Stop loss 4700, Target 4760.
    

    

    
Buy MCX Nickel above 937, Stop loss 930, Target 944.
    

    

    

    


    

    

    
Buy MCX Copper on dips at 419, Stop loss 417, Target 421
    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
 
    
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MCX Commodity Tips 19 June 2012

    

    

    

    

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Good news for the Gold Investors: (MCX Gold Updates)
    
If you have invested your money in th gold there is a good news for you. According to Experts there is a good scope of getting good returns over the investment. Current price of gold in the international market is around 1,620 dollars per ounce which is expected to touch the level of 10,000 in nest 10 years though today gold has become sluggish. Despite the international market pressure and downfall of rupee against the dollar the gold is trading at 30,180 with the 0.1 % up.
    

    
MCX Silver Updates: Silver on MCX is trading at Rs 54 510, with a marginal decline. With 0.5 per cent up MCX crude oil is trading around Rs 4,700. MCX is looking strong at 0.5 per cent in base metals, but copper is in pressure.
    

    
Commodity Trading tips & Strategy for today 19 June 2012
    

    
MCX Crude oil (June futures): Sell - 4700, stoploss of Rs - 4760 and the target - 4600
    


    
MCX gold (August futures): Sell - 30 200, stoploss of Rs - 30 370 and the target - 29900
    


    
MCX mentha oil (June futures): Buy - 1375, stoploss of Rs - 1320 and the target - 1495
    


    

    
MCX Silver: Support 53870/53190 Resistance 55280/56034
    

    
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MCX Gold Silver Updates 16 June 2012

    

    

    

    

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MCX Gold Updates
    

    
MCX Gold hit the all time high in today's trade. Gold hit the price level of 30570 in today's trade. Season coupled with a lot weddings enforced the gold to touch this level.Gold climbed for a sixth straight session by adding Rs 20 to hit an all-time high of Rs 30,570 per 10 grams. This is the highest price of gold in history ever.In the last one week the price of gold has been hiked by around $30. 
    

    
Why there is sudden Rise in the Price of gold ?
    

    
It has been anticipated that the Federal Reserve is going to take steps to accelerate the economy.In the present stage, investors and traders are preferring to invest in gold.Gold prices have gone up in the global market.Growing weakness in the rupee also caused the price hike in the gold.
    

    
MCX Silver Updates
    

    
MCX Silver prices in today's trade rose 0.47 per cent to Rs 54,697 per kg at the futures trading today largely in tandem with a firm trend overseas. At the Multi Commodity Exchange, silver for delivery in July rose Rs 256 or 0.47 per cent to Rs 54,697 per kg with a business turnover of 4,757 lots.
    

    

    

    
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MCX Gold Updates - Gold Climbed at New Level of 30550

    

    

    

    

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Gold in the domestic market has reached record heights. MCX Gold in Thursday's trading met it's highest price in the history. But in the international market price is below 15 per cent to record levels. With 0.3 per cent gain MCX gold is trading at Rs 30130. While inspot market of Delhi Golf managed to reach the record price of 30,550.
    


    
Of course the currency is playing a vital role in the move of gold. But according to the AMFI's news, the investment in ETF gold has been decreased. In the current fiscal year the total investment in ETF gold is around at 9 Crore which was 690 Crores in last financial year.
    

    
In the Starting of Financial year 2012 the price of gold was around 27,300 which is now on the level of around 30,000. MCX gold has gained 12% of increment in price.
    

    
According to experts due to the growing weakness of rupee against the dollar has supported the gold to meet the new price heights. 
    
  
    
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Live MCX News & Updates 12 June 2012

    

    

    

    

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Live MCX NCDEX updates 12 June 2012
    


    
The slowdown in the international market in caused weakness in gold and silver in the domestic market. Crude oil slipped by 0.5 percent and reached to $ 82 on Nymex.
    


    
With a very little increment mcx gold is trading at around 29780. The silver with fluctuation is trading down to Rs 54,700.Crude oil slipped by 1 per cent and arrived to Rs 4,600 on MCX.MCX seems denies any involvement in the base metals. On MCX, aluminum, lead and zinc is up, while copper and nickel have been seeing in the fall.
    

    
There is selling pressure at NCDEX spices.
    

    
Trading Strategies for MCX NCDEX 12 June 2012
    

    

    

    

    
MCX gold (August futures): Buy - 29 650, stoploss of Rs - 29 550 and the target - 29 880

     MCX Copper (June futures): Sell - 413, stoploss of Rs - 417 Target - 408

     MCX Crude oil (June futures): Sell - 4700, stoploss of Rs - 4750 and the target - 4620

     NCDEX Chana (July futures): Sell - 4150, stoploss of Rs - 4190 and the target - 4100

     NCDEX pepper (July futures): Buy - 40 150, stoploss of Rs - 39700 and Target - 41,000
    

    


    

    

    
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Crude Updates Today

    

    

    

    

    Posted by Share Tips India

    

     Posted on 
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    1 comments
    

    

    

    

    

    

    
The initial rapid upside seen in crude oil has stopped for a while however MCX Crude oil is still trading up about 1.5 per cent. Spain relief package and rising crude oil imports in China has accelerated the crude prices. With 1.5 per cent on MCX crude oil is trading at Rs 4,745.
    

    

    

    
Intraday traders can buy crude above 4755 for the targets of 4800-4830 while keeping a stop-loss of 4709.
    

    

    

    

    

    
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