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    • Showing posts with label Crude updates Today. Show all posts
    Showing posts with label Crude updates Today. Show all posts

    Crude Oil Trend Today 12 July 2012

    Posted by Commodity Tips India
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    MCX Crude oil is trading in a confined range across the globe. Domestic market Multi commodity Exchange saw low trend today. The GDP data of the China has come down which influenced the demand of crude oil in the market. The traders and investors are taking low interest in trading of crude oil.United States reduced it's outlook on crude oil.As per the officials of US Energy department the price of crude oil in the overseas market is supposed to stuck at around 92 dollars. Crude oil reserves in China has already been reduced.These are the signs of weakness in demand in the coming days of crude oil is likely to see. The US EIA signaled that the crude oil trend today will be in bearish mode.If you trade in crude oil we will recommend you to sell Crude oil (MCX): at 4750 level, Place a stop loss of 4799 & Set target at 4650 level.


    While on other hand MCX Natural gas witnessed nearly 1 per cent decline in Wednesday's trade.though at Nymex it is trending on upper side.Despite the strengthened rupee against the dollar could not natural gas prices in the market.Natural gas demand in the coming time,in China is expected to grow. All base metals are trading sluggish. MCX Aluminum, copper, lead and zinc are on decline side. In the nickel business is slow.

    If you are searching for CRUDE OIL TIPS, TREND, NEWS, CRUDE OIL UPDATES, CRUDE OIL SUPPORT & RESISTANCE FOR TODAY 12 JULY 2012. Just Fill the Free Trial Form & Get sure shot & Accurate MCX Commodity Tips on Mobile. 
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    MCX Market Trend & Trading Tips 21 June 2012

    Posted by Commodity Tips India
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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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    Crude Updates and Trend: MCX Trading Updates

    Posted by Share Tips India
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    Crude oil still facing downwards trend. On Thursday also crude dropped more than 0.5% and closed near 5250. NYMAX crude is also declined today and now trading below $100. Crude may remain under pressure on today's session also. A strong and consistent trade above 5250 would ensure positive momentum in crude oil.

    Day Traders can sell crude below 5230 TG-5200-5180-5160 SL above 5270

    Buy Above 5290 level.
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