• 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 crude oil support resistance. Show all posts
    Showing posts with label crude oil support resistance. Show all posts



    NYMEX Crude oil has been dropped by around 1 percent. The Overseas crude oil is showing a bearish trend in the market. Currently Crude oil at NYMEX is trading at $ 90.60 a barrel. Which is almost the lowest of last 7 weeks. Supply of crude oil from Saudi Arabia are expected to grow in the near term. Worldwide demand for crude oil is getting less while the supply is becoming at it's high. Worldwide supply of crude oil have risen by 2.9 percent from January to August. In September, U.S. crude oil stocks rose 9 per cent.OPEC oil production in August increased by 260,000 barrels per day.

    MCX Crude Oil Trading Tips For Today

    By taking above global cues we are expecting that in near term the crude oil prices in the domestic market may go down. Hence We advise you to Sell around 4900 levels with a stop loss placed above 4950 levels for targets of 4840 levels.

    Register your Mobile Number To Get Free Commodity Trading Tips, MCX Base Metal (Copper, Lead, Nickel, Zinc, Aluminium) Tips, MCX Bullion (Gold, Silver) Tips, MCX Energy (Crude Oil, Natural Gas) Tips for Today & Tomorrow 27 September 2012.
    [......]


    Crude oil Trend Updates:- MCX Crude oil has seen some hike in the prices today. Crude oil prices in the domestic market increased by around 0.5 per cent, while in the international market has been extremely sluggish business. The eye of the market are on this week's Federal Reserve meeting and also on the U.S. Energy Department's inventory forthcoming report. Meanwhile, the world's largest oil producer Saudi Arabia's Oil Minister Ali al-Nami said that no solid reason behind crude oil is up.

    Hence in near term the crude oil Futures contract of September month at domestic market is likey to see the support level at around 5250. We recommend MCX Crude oil (September futures) to Sell at 5310 with stoploss - 5330 and target – 5250.

    To get more real time crude oil tips, crude oil trend, crude oil live price information, crude oil important support and resistance level right on your mobile screen via 2 days mcx tips free trial. Fill the form now to get tips from 12 September to 13 September.
    [......]

    Monday, 13 August 2012

    Gold and silver are being in a slight up edge in the international market. There has been a huge demand for the precious metals in the market all around the globe. At Comex the gold is trading at 1,622.75 with a positive note of 0.15 percent.Last week the gold at mcx the closed above Rs 30,000 while after falling the mcx silver closed at 53,485.Investors are now eyeing the US GDP figure for the Q2 which is likely to show the world's largest economy grew at its slowest pace in a year.

    MCX Gold Trading Tips For 13 August 2012

    Technically the gold in mcx commodity market is most likely to take the support of Rs. 29882.25 and the resistance of Rs. 30,170 on Monday's trade i.e. 13 August 2012.

    MCX Silver Trading Strategy For 13 August 2012

    MCX Silver September will be a buy call between 53,420-53,360, with a stop loss of -52,860, and Target between -54,120/55,050. These above level may be taken for the weekly outlook too.

    To Get Daily MCX Gold & silver tips, Gold Silver Trend, Gold Silver Support Resistance, mcx gold silver latest price and market updates on mobile via sms alerts.

    To Get sms alerts of all market updates and latest news. Subscribe your mobile number with us. We will get back to you in 2 Hours.
    [......]


    MCX Crude Oil Updates:

    MCX Crude oil purchase in the international market has been declined here on Friday's trade.Selling pressure was observed in today's trade in the crude oil. The crude oil in the domestic market is on down trend. Crude oil is trading below 5000 price level in the domestic market.


    MCX Crude oil Trend:- 

    Crude oil prices to trade with sideways with upward bias on 
    account of upbeat global market sentiments along with weakness in the DX.


    MCX Crude oil Tips For Today 28 July 2012

    Buy Crude oil above 4990, with Stop loss 4965, Target 5015. Else Sell below 4965, Stop loss 4990, Target 4940.


    TO GET FREE CRUDE OIL TIPS, CRUDE OIL UPDATES, CRUDE OIL SUPPORT &RESISTANCE, CRUDE OIL NEWS, CRUDE OIL TREND, CRUDE OIL RECOMMENDATIONS FROM TODAY 28 JULY to 30 July 2012.

    FILL THE FREE TRIAL FORM FOR LIVE MCX TIPS NOW !!! TO GET ALL THE STUFF FREE.




    [......]


    Multi commodity Exchange of India is witnessing a mixed mode of trading in all the comodities in the season of monsoon. All commodities except the base metal nickel are being long & short with moderate losses.Although there is a very modest increase in the prices of Nickel.All commodities have been dropped by 0.3-0.15 %.

    Increased trading of future commodities in the commodity future market had already increased the concern for the Indian Governement.Consumer Affairs Ministry has called an emergency meeting in the next 2 days to resolve this issue at the earlier. According to news sources it has been said that in this meeting the current condition of Commodity market will be analyzed and further instructions will be set for the FMC.

    Gold at MCX India is trading with some marginal falls in the prices. Currently the MCX Gold is trading at 29,430 on other hand the mcx silver is trading at 52,790.MCX Crude oil with a fall of 1% has arrived at 4965 which was earlier trading above 5000.

    Commodity Tips For Today 25 July 2012

    MCX Copper (August futures): Sell - 418, Stoploss of Rs - 419.50 Target - 414

    MCX silver (futures September): Sell - 52 650, Stoploss of Rs - 52800 and Target - 52000

    Subscribe our MCX Tips Free Trial on Mobile by SMS From Wednesday 25 July 2012 To Thursday 26 July 2012 By SMS:
    [......]


    MCX Crude oil Tips Trend & Updates for Today 19 July2012

    After touching the upper end of 7 weeks, crude oil is going to see selling pressure today. Slowdown is witnessed in the domestic market in crude oil trading.Now the price of crude oil is above the 4900 level.NYMEX crude oil price is above $89. & Even Brent crude oil is trading above $104. The crude oil prices gained in the last couple of weeks which wend down today.Mixed trading in base metals is being looked in the market. We advocate to go for buying side in MCX Crude oil at around 4860 Stoploss-4,810 Target-4,930. Europe's debt crisis and waning growth in the U.S. and China have added to expectations of weak demand for crude, pulling down the oil price.

    MCX Gold Silver Trend, Support & Resistance for Today 19 July 2012

    In domestic market at multi commodity exchange the precious metals gold and silver are trading with moderate losses. MCX gold is trading at 29,300 with weakness in the prices by 0.20% while the silver at MCX India is trading at 52711 by slipping 0.35 percent. Global trend of Gols & Silver is down side. Hence We advice you to go with following trading tips for gold and silver today.

    MCX GOLD & SILVER SUPPORT & RESISTANCE LEVEL FOR TODAY 19 JULY 2012

    Gold (August futures) MCX: Buy Rs -29,180, Stoploss-29,040 Target-29,300

    Silver (September futures) MCX: Buy Rs -52,750, Stoploss-52,496 Target-52,212

    Everyone is trying to trade more and more in commodities and we are watching that more and more people are shifting into commodity market. But trading in commodities involves huge risks. So we provide the solution and advice for trading in during market hours. We provide 90% accurate tips of commodity market.
    Subscribe our MCX Tips Free Trial on Mobile by SMS From Thursday 19 July 2012 To 20 July 2012 Friday By SMS






    [......]


    The crude oil demand was in the up trend on Tuesday. The crude oil saw a 1.2% of sharp hike in the prices. Currently the crude oil istrading at 4878. Not only domestic market but global market has seen this drastic change in the prices of crude oil. Today the price of crude oil reached to the maximum level of recent 7 weeks at NYMEX.

    Currency Updates:- Rupee is strengthneing against the dollar in the forex market.Despite this the crude oil is showing a strongness in the prices.

    It is being expected that the reports of US Energy department is about to come on today i.e. Wednesday which will decide the crude oil trend for today.According to market news the ban on Iran's export of crude oil may result in the reduction of storage of crude oil in America.

    Crude Oil Trend For Today 18 July 2012

    Crude Oil Trend may face a slow down in today's trade. The economic conditions of Europe is not in a very good pace. Hence we advocate to go for buying side in crude oil. You must buy crude oil with following crude oil tips for today.

    Crude oil (MCX): Buy at Rs 4845 Place a stop loss of Rs 4810 Set Target 4890 to 4920.

    Mixed trading on MCX for base metals. Copper showed a strong trend with 0.5% up in today's trade. Although the copper at London metal exchange is shwoing neutral trend.

    FILL THE FREE TRIAL FORM TO GET 
    FREE LIVE MCX COMMODITY TIPS ON MOBILE. 
    [......]


    Crude oil Trend for today is being expected to trade on lower side. In whole Asia the crude oil is trending lower. Since the crude oil pipelines has been opened by UAE & Saudi Arabia. Crude oil in the last week at MCX closed at 4790 after a solid sharp decline.Overseas global market is expected to trade in the rebound on Monday.


    MCX Crude oil will be in a consolidation zone. Not much upside is seen here. You will get an opportunity to exit around Rs. 4772.45.  

    Strengthened Rupee against the dollar and strengthening gold and silver are pressurizing the mcx crude oil to go down. Currently the crude oil is trading at 4775 with a down of 0.35% from it's previuos close in the domestic market.


    Trading Strategy For MCX Crude oil & Copper today:-
    MCX Copper (August futures): Sell - 424, stoploss of Rs - 429 Target - 419

    MCX Crude oil (April futures): Sell - 4839, Stoploss of Rs - 4879 and the target - 4755



    SUBSCRIBE TO GET CRUDE OIL TIPS, TREND, NEWS, CRUDE OIL UPDATES, CRUDE OIL SUPPORT & RESISTANCE FOR TODAY 16 JULY 2012. Just Fill the Free Trial Form & Get sure shot & Accurate MCX Commodity Trading Tips on Mobile
    [......]


    MCX Crude oil has seen a strong trend in the today's trade. MCX Crude is trading with up of 0.5 per cent to reach the level of Rs 4800. At Nymex the crude oil bounced back and trading at around $87 with a 1 percent of strongness.In the early trade on Friday the crude oil went for three years of record low level. On Friday the economic data of China was launched. Which was not as good as expected by the investors and market experts. Traders were quite dis appointed with the economic data of China. Later the market any how managed to trade on up trend.The rest of the world were struggling to emerge from the financial crisis.

    Till the time the live price of crude oil is 4803. It is showing a bullish trend in the market. Hence we recommend you to go for buying side as we expect it to touch the price level of 4820 on Saturday.On Saturday Crude Oil Trend Will be on bullish side.

    Other metals including Lead, Nickel, Zinc, Aluminium, Copper, Gold & Silver are also showing the bullish trend.The price of aluminium should recover from the present level of USD 1,850 a tonne. In the next 2-3 months, it should cross USD 2,000 per tonne.

    Friday, the 13th, today proved to be unlucky for second time in a row for the Sensex.The markets opened on a strong note today and the Sensex rallied by more than 100 points in the morning trade itself. However, it lost momentum in the afternoon trade and the Sensex closed nearly 19 points down at 17,213.70.

    SUBSCRIBE TO GET CRUDE OIL TIPS, TREND, NEWS, CRUDE OIL UPDATES, CRUDE OIL SUPPORT & RESISTANCE FOR TODAY 14 JULY 2012. Just Fill the Free Trial Form & Get sure shot & Accurate MCX Commodity Trading Tips on Mobile

    [......]


    Crude Oil News:- Crude oil inventory has fallen in the United State due to which the crude oil is under selling pressure in the market.In overseas market the crude oil fell below the 100 US dollars per barrel today. The on going economic conditions in Europe forced the currency to trade on lower sides. With a fall in Euro the crude oil prices also slipped in the market.The Crude oil will continue to trade on lower side, Experts said.Brent crude fell 90 cents to USD 99.33 by 0927 GMT, while US crude was at USD 84.95, down 86 cents.


    What will be the Crude oil Trend Today ?

    Well the crude oil trend on Friday will depend on the economic data of China which is yet to come on Friday. The refinary and US crude oil stock may also affect the crude oil prices. The traders and investors are waiting for the economic data of China.The global slowdown in the economy of some countries may put a selling pressure on crude oil.

    Crude oil Tips for Today 13 July 2012:- Crude oil at Multi commodity exchange will bahave as it will trade in the global market. Hence we would recommend you to trade in MCX crude oil July on Friday with Support of 4670, 4720 & Resistance of 4790, 4830. Live Price of MCX Crude oil is Rs 4798 (18 points up from its previous close).

    [......]