• 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.

  • Showing posts with label commdoity updates. Show all posts
    Showing posts with label commdoity updates. Show all posts


    Crude Oil Trend & Updates:- After touching the hisgest price level of last three months the mcx crude oil is now under selling pressure. Due to the lack of demand of crude oil the price have been reduced in the market.Crude oil not only in global market but in domestic market as well is trading with moderate losses of around 0.5 percent. At multi commodity exchange India the crude oil is trading at 5150 price band. We expect this fall trend will continue on Thursday too.According to market estimation the crude oil demand has been lowered arounf globe. While the world has been suffering from the worst economic situations this time. Due to whic the crude oil prices have fallen down.

    Crude Oil Support Resistance:- Hence if you go for Buying side We advice you to buy above 5170, Stop loss 5140, Target 5200. Else if you wish to go on Selling side we recommend sell below 5130, Stop loss 5160, Target 5100.

    MCX Copper is also trading flat in the market.On MCX Copper prices slipped to around Rs 416. Copper on the London Metal Exchange is trading down about 1 percent.Reduced demand of copper in the Europe and China has affected the prices of copper in the market.

    Hence we recommend Following Tips for MCX Copper (August futures): Sell - 420, stoploss of Rs - 424 Target – 413.

    To get more commodity tips, Copper Tips, Lead Tips, Aluminium Tips, Natural Gas tips, mentha oil tips, pepper tips, chana tips, Jeera Tips, Agri Tips,Ncdex Tips, Free MCX Tips on mobile Just Register your mobile Number for today 9 August 2012 to tomorrow 10 august 2012.

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    MCX Gold updates:- Precious metals in the commodity market are in the sluggish mode. A huge reduction in the demand of mcx gold and silver has been noticed in the future commodity market. The import of the gold has been reduced due to the lack of demnd in these preciuos mcx metals. According to market facts in the current financial year the 350 ton gold has been imported from January to till date. If we see the last year's figure we may clearly see that this figure was 553 ton for the time span of 6 months.

    MCX gold is trading at Rs 29,930 being completely flat in today's trade while the mcx silver is trading at Rs 53,400 being 0.1 stronger.MCX Crude oil is trading beyond 5100 with up of 0.5%. MCX base metals are trading with up trend of around 0.1-1 percent.

    Live MCX Free Commodity Trading tips for Today 08 August 2012

    MCX gold (October futures): Buy – 29,955, stoploss of Rs – 29,870 and the target – 30,100

    MCX silver (futures September): Buy - 53400, stoploss of Rs – 53,230 and the target – 54000


    Subscribe our MCX Tips Free Trial, Commodity Support & Resistance Level, Live MCX Commodity prices and tips on Mobile by SMS For Wednesday 8 August 2012 By SMS:
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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 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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