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    • Showing posts with label MCX crude oil Trend. Show all posts
    Showing posts with label MCX crude oil Trend. Show all posts

    MCX CRUDE OIL TIPS FOR TODAY 11 JULY 2012

    Posted by Commodity Tips India
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    MCX Crude oil is consistently declining in domestic market. In Tuesday's trade the crude oil declined strongly in the market. The mcx crude oil is trading in range bound at multi commodity exchange here on Tuesday. Currently the mcx crude oil is trading at 4759 with a collapse of about 1 percent. The export of crude oil has been comedown while the strike in oil companies in Norway has over.The strike over in Norway weakened the Nymex crude oil on Tuesday to $84.99 per barrel.

    Crude Oil Trend:- The report of US Energy department is about to come on Tuesday which may affect the crude oil prices & trend in the market. MCX Crude Oil may take a Support in the range between 4750 to 4710 while Resistance in the range of 4830-4860 on Wednesday's Trade.

    FOR MORE CRUDE OIL TIPS, TREND, NEWS & UPDATES FOR TODAY 11 JULY 2012
    JUST FILL THE FREE TRIAL FORM !!!  

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    MCX Tips & Crude Updates 26 June 2012

    Posted by Commodity Tips India
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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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    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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