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    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.

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    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.

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


    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.
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    Despite the last weeks weak performance crude oil at multi commodity exchange is trading in the green zone. Today the crude oil showed a bullish trend in the domestic market. The demand for crude oil has increased in the market once again. Last week the crude oil traded in red signals most of the time due to the global economic conditions. But now the situation is vice versa. Currently the crude oil is trading at 4795 with 0.3% up. Earlier in today's trade the crude oil traded with moderate losses.

    Crude oil Trend:- Today's pace of crude oil is expected to continue on Tuesday.Where we may see some more hike in the prices of crude oil.Further the EIA today said that the demand for oil is supposed to trde in the range bound in 2013. Crude oil is expected to trade in bullish trend on 17 July 2012.  

    TO GET FREE CRUDE OIL TIPS, CRUDE OIL UPDATES, CRUDE OIL SUPPORT &RESISTANCE, CRUDE OIL NEWS, CRUDE OIL TREND, CRUDE OIL RECOMMENDATIONS FOR TODAY 17 JULY 2012.

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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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    Live MCX Commodity trading tips trend and updates for today Thursday 05 July 2012

    MCX Market Updates:- Even as commodities prices have fallen sharply in the current financial year, most Indian manufacturing companies’ margins are not expected to go up in the near future, thanks to a host of issues, including a sharp fall in the rupee and lower demand from the infrastructure and construction sector.Prices of metals are up between 0.6 and 0.8 per cent, while that of commodities like rubber fell sharply. However, the falling rupee has made the situation lose-lose for producers as well as consumers. The rupee fell over nine per cent in the first quarter of the current financial year.



    MCX Gold Silver Trend:- Well the Wednesday seemed good from the point of view of trading of commodities.There was a bounce back in the Indian currency Rupee against the dollar which supported the demand for the gold in the international market.In the previous week the weakening rupee was supporting the gold in the domestic market to become more costly.Although the precious metals gold and silver are trading with a slight decline in the international market. Comex gold was at $1617 with a down of 0.25% while the silver is trading at 28 dollars per ounce with a fall of 0.30%. The Indian rupee gained a strength which made the gold prices to trade at 29581 with a up of 0.37%. If the Indian rupee gains some strength against the dollar this trend of gold will continue on Thursday 5 July 2012.

    MCX Crude Oil Trend:- Nymex crude oil is trading with a 1 per cent sharp decline. The price is at 86 dollars a barrel. On Wednesday, MCX crude oil in the domestic market traded with strength of 0.5 per cent to Rs 4779. Today's crude oil trend will depend upon the demand concerns of market investors.

    Aluminium Trend & Updates:- MCX Aluminium is good to buy and dips in prices till Rs 106 per kilogram or Rs 105.70 per kilogram. Place a stop loss of Rs 104.90 per kilogram with a target of Rs 107.50 per kilogram.

    Hence After analyzing commodity market trend for today 5 July 2012 We recommend following commodity support & resistance level for today.

    We recommend buying gold below Rs 29,600 per 10 grams levels for a target of Rs 29,725 per 10 grams and buying silver on dips at Rs 53,700 per kilogram with a stop loss of Rs 53,500 per kilogram for a target of 54,000-54,100 per kilogram on intraday basis.

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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 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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    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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    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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