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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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    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 mcx gold updates. Show all posts
    Showing posts with label mcx gold updates. Show all posts



    MCX Gold Updates:- In Delhi spot market gold price rose in quick time and reached to the close price of Rs 33,000. In the futures market, gold is traded on the decline. Rupee against the dollar is showing strong pressure on gold futures. Today the rupee against the dollar has reached the upper of last 8 weeks.
    Currently, with a decline of 0.6 per cent on MCX gold is trading at Rs 32 120. While silver dropped 0.5 percent and has come down to Rs 65,000. All mcx base metals are trading with gain of near 1.2 to 2.5 percent.

    Intraday Trading Tips for Gold & Silver Commodities at MCX for Today

    MCX Gold October contract may continue to trade in the bullish trend. If it goes upside it will take the resistance at around 32570 or even 32800. & if it goes in the down side it will take the support of 31990 or 31450.

    Intraday Gold Trading Tips Buy MCX GOLD Oct between 31400 - 31450, SL 31200, Target 31750 / 31800

    MCX Silver is being expected an initial dip followed by a consolidation and drift higher. Looking ahead 65600 is the immediate target followed by 67000/69000 or more.

    Intraday Silver Trading Strategy Buy MCX SILVER Dec between 63350-63450, SL 62700, Target  64500 / 64800 

    We offer sure shot and accurate free commodity intraday and future tips in all segments of MCX & NCDEX with up to 90% accuracy rate. Get our MCX Tips Free trial for 2 days from today 17 September to 18 September 2012.

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    Buy MCX GOLD Oct between 31400 - 31450, SL 31200, Target 31750 / 31800
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    MCX Gold & Silver Trend, Tips, Technical outlook for Today 1 August 2012

    MCX Gold Updates:-Spot gold price in the market has once again gone beyond Rs 30,000. Gold future is trading around Rs 29,900 in future market. However, decline in demand of gold is still clearly visible in the commodity market.In the international markets, spot gold traded on a steady note today ahead of FOMC meeting scheduled tomorrow, on expectations that Federal Reserve may provide some signals over stimulus measures. All traders and investors are expecting that the demand of mcx gold has been gone down by 35 percent due to the weakness in the mansoon.

    MCX Gold Support Resistance Level For Today

    Buy October contract of mcx gold at 30270 with Stop loss 30190 & Target of 30370.

    MCX Silver Updates:- Taking cues from upside in base metals pack along with rise in gold prices, spot silver prices rose around 0.3 percent till 2.30 pm IST today.

    MCX Silver Support Resistance Level For Today

    Hence We recommend you must Buy mcx silver at 54130 with Stop loss of Rs. 53800 and Target of Rs. 54450.

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    With a decline of around 0.62 percent the gold at MCX is siganalling red. Till the time the gold is currently trading at Rs. 29,246. US Federal Reserve will launch the quantitative easing QE3 which may further affect the gold prices in the market. Gold will probably trade in the range bound today.
    Latest Gold News, Updates, Highlights for today
    • October contract of Gold at MCX was trading at Rs 29590.00 down Rs 165.00
    • August contract of Gold at MCX was trading at Rs 29262.00 down Rs 166.00
    • December contract of MCX Gold was trading at Rs 29901.00 down Rs 183.00
    • MCX Gold saw a Intraday high of Rs 30000.00 and an intraday low of Rs 29896
    So If you thinking to trade in the mcx gold you must probably go with the following recommendations.
    • Gold (August futures) MCX: Sell @ -29300 bucks, stoploss of Rs over Rs -29 400, Set Target of Rs-29120
    • Silver (September futures) MCX: Sell @ -52,600 Stoploss-52800 Target -52,100

    FOR MORE MCX GOLD TIPS, TREND, NEWS & UPDATES FOR TODAY 11 JULY 2012
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    MCX Gold Trend:- Gold is moving very slow in the international as well as the domestic market. Gold in International and domestic market is trading in a limited price band. Rupee in Forex market has weakened approximately 1 percent Despite this the gold at home side is not in tune to trade strong.First of this querter has witnessed a slow down in the prices of gold. It may be possible that the gold will reverse the trend in the first week of August. The upcoming festive season in India may cause the gold to take the heights again.We recommend Gold Tips for 10th July 2012 buy around 29600 levels with a stop loss placed below 29400 levels for a target of 30250 .

    MCX Silver Trend:- MCX Silver is trading with a strong gain in the domestic market. Silver at Multi commodity Exchange gained about 0.3% hike and reached to the 53,300 level.Hence We recommend MCX Silver Tips for 10th July 2012 to buy around 53250 levels with a stop loss placed below 52500 levels for a target of 55000 levels.

    MCX Crude Oil Trend:- MCX Crude Oil updates- MCX Crude oil has gained a marginal hike in the current prices. The mcx crude oil traded with a sharp up of 0.5%.The current price of Crude oil is 4759. Hence We recommend Crude Oil Tips for 10th July buy around 4720 levels with a stop loss placed below 4610 levels for a target of 4900.

    Aluminium, Lead, Nickel, Copper, Zinc Trend, Tips, Updates, Support & Resistance for Tuesday 10 July 2012

    Aluminium buy around 105 levels with a stop loss placed below 103 levels for a target of 108 levels.

    MCX Zinc buy around 103.50 levels with a stop loss placed below 101 levels for a target of 107 levels.

    MCX Lead buy above 105 levels with a stop loss placed below 103 levels for a target of 108 levels.

    MCX Nickel buy around 918 levels with a stop loss placed below 905 levels for a target of 948.

    For More MCX Commodity Tips for Today Fill the Free Subscription Form.
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    MCX Tips for Today 02 July 2012 | MCX Market Outlook | 

    MCX Crude Oil Updates & Trend:- Finally the wait of traders and investors has come to an end. Today both commodity market as well as the stock market shown the up trend. At multi commodity exchange the mcx crude oil bounced back by 2 percent to the lowest of past 9 months in the international market. The impact of which was also seen in the home commodity market too. Further today the Rupee gained a slightly edged up in the Forex market. The Rupee is at Rs 55.755 against the dollar in the market. Although this bounce back of rupee the mcx crude oil is trading at 4490 with a slight hike of 0.5%. Today the stock market bounced back and closed at 17430, up by 439 points with all the sectorial gains.

    MCX Gold & Silver Trend Updates:- MCX Gold is trading in the upper side in the international market with a hike of 1.25 percent it should have impacted the gold in the domestic market too but unfortunately it was vice versa. MCX Gold in the market traded at the lower levels. Gols slipped by more than 0.5 percent in the market and currently trading at 29,470.While the MCX Silver is strengthened by 0.5% at mcx and is now at 51900 levels. The market experts are cliaming that the commodity business at home has weakened due to the high prices of precious metals. The investors as well as traders are away from the market due to it. Once the prices dropped market may see again a bear trend in the mcx gold.

    MCX Base Metals Trend:- All MCX base metals including lead, nickel, copper are trading at up side only except the aluminium which noticed a decline of 0.5 percent.

    Important Technical Levels to watch in the commodities at MCX today 02 July 2012

    MCX Crude oil (April futures): Buy - 4500, stoploss of Rs - 4465 and targets - 4555/4578

    MCX gold (August futures): Sell - 29,610 to 29,605, stoploss of Rs - 29 700 and the target - 29505/29450

    MCX Silver (July futures): Buy - 52 150, stoploss of Rs - 51 870 and the target - 52600/52950

    MCX Copper (August futures): Buy - 424.5 to 424.60, stoploss of Rs - 421.90 target - 428/430

    MCX Zinc (July futures): Buy - 103, stoploss of Rs - 102.10 target - 104.10/105

    Lead MCX (April futures): Buy - 102.70, stoploss of Rs - 101.80 target - 103.80/104.70

    Aluminum MCX (April futures): Buy - 105.40, stoploss of Rs - 104.50 target - 106.50/107.40

    MCX Nickel (July futures): Buy - 937-938, stoploss of Rs - 924 goal - 955/965


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    MCX Gold Updates:- Consistent fall and weakness of the rupee against the dollar has lowered the the demand of precious metal gold in the domestic market India, the largest exporter of gold in the world. Now bullion traders and investors are waiting for the monsoon. Bullion traders and investors strongly believe that if the monsoon comes on time, chances are that the farmers would have better crop which will enable them to spend it on the purchase of gold. But any delay in the monsoon may enforce the gold to trade on lower side.In international market the gold is on weaker side. It hit the gold in the domestic market too. To balance the trade in commodity market the governemnt has incresed the import rate of gold by 4% which also caused the mcx gold.

    MCX gold declined by 0.3 per cent and the price has come to Rs 29,900 While mcx silver is trading at Rs 52,670 slipped 0.2 percent.

    MCX Crude Oil Updates:- There are moderate fluctuations in the base metals at MCX. MCX copper is consistently falling. According to market experts when the Euro region get rid of ongoing trading trouble, the market may show some extra pace in the trading.MCX Crude oil slipped by 0.35 and reached to the current market price of 4600.MCX Zinc gained a hike of 1.5%.Instead of these base metals the lead nickel and aluminium witnessed a growth of 0.5%.MCX Natural Gas is trading at 162.40 with a weakness of more than 0.5%.

    Hence after the keen market technical analysis we recommend you following mcx trading tips for today 29 June 2012

    MCX Copper (June futures): Buy - 415, stoploss of Rs - 412 goal - 425

    MCX Crude oil (April futures): Buy - 4630, stoploss of Rs - 4560 and the target – 4750

    MCX gold (August futures): Sell - 30000, stoploss of Rs - 30170 and the target - 29750

    MCX Silver (July futures): Sell - 53000, stoploss of Rs - 53500 and the target - 52300

    MCX Nickel June buy around with a stop loss below 920 levels and target of 942 levels.

    MCX Lead June Buy around 100.50 levels with a stop loss placed below 99.50 levels for targets of 103 levels.

    MCX Zinc June Buy around 101.50 levels with a stop loss placed below 100.50 levels for targets of 102.70 levels.

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    Crude Oil Updates for Today :- Before the European summit the crude oil is being seemed on down side.Although the crude is getting support from the weakness in the rupee in the domestic market. Rupee today traded continuously on decline. Due to the fluctuation in the commodity market the crude oil is trading on upper side. With the fall of approx 0.3% the crude oil at NYMEX reached to the level of $ 79. While at mcx market the crude oil is trading at 4550 with a hike of 0.5 % in the prices.

    Crude Oil Tips for Today :- Since the there are no signals in the economy to support the rupee Hence we recommend you to Buy Crude oil (April futures): @- 4540, stoploss of Rs - 4510 and the target – 4600.

    MCX Gold Silver Updates:- MCX gold and silver are trading in the sluggish mood before the summit.European market forced the market to trade quiet. It was being truted that the market some steps would be taken to get rid of the loan problems.The completely flat on gold is trading at Rs 29975 The silver is trading below the flat and Rs 53,000. On MCX base metals have declined by 0.25 per cent.

    MCX Natural Gas Updates:- Natural gas prices in the last 2 weeks business trading recorded a growth of 35 per cent. While in today's trade on MCX Natural gas is nearly 2.5 per cent full. On MCX Natural gas prices have risen to Rs 163.

    Further Despite secondary market remaining largely rangebound due to lack of positive triggers, two IPOs will hit the street this week. One IPO would be listed on the BSE SME platform while the other would be decided via book building process.

    MCX Commodity Trading Tips for today 28 June2012 | Live MCX Prices | MCX Live Chart 

    MCX gold (August futures): Sell - 30 100, stoploss of Rs - 30 200 and the target - 29 850

    MCX Silver (July futures): Sell - 53000, stoploss of Rs - 53400 and target - 52 200

    MCX Copper (June futures): Sell - 419, stoploss of Rs - 423 goal - 411

    MCX Crude oil (April futures): Sell - 4585, stoploss of Rs - 4629 and the target - 4495



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    The much- hyped RBI's policy measures to curb the rupee slide failed to cheer the Street as the benchmark indices fell on Monday. The Central bank's announcement disappointed the investors, who were looking for some strong actions.
    MCX Gold Silver Updates:- At the MCX market, the gold touched a level of 30,400 in late trade but recouped losses.The negative signals in the global market caused the mcx gold and silver to trade in the lower side.The mcx gold price in the domestic market fall by around 190 rupees (0.7 percent).Thursday night in the world market price of gold fell by two per cent.

    MCX Crude Updates:-MCX Crude oil is expected to trade in the pressure at mcx. the market may be in reverse gear in today's trade as investors would like to square off their long positions on disappointment over the announcement of less aggressive policy.
    Further today RBI's decision has increased the pressure in the market. As no concrete steps taken by RBI as expected by the investors and traders and the market will see rapid pace on Wednesday trade.On Tuesday's trade market did not saw any kind of pressure.

    Further today In Stock market the Sensex closed at 16,906.58, up 24 points as 21 counters including SAIL, HUL, Sesa Goa and Sterlite Industries. fell in the 2- 3 per cent range. Investors wealth across the market dropped by over Rs 26,000 crore. The 50- share Nifty ended at 5,120.65, a up of around 06 points. Moody's decision to retain India's credit rating outlook at stable, even when its peers are bearish on the country's growth prospects, added to early surge.

    What will be the market trend on 27 June 2012 
    MCX Gold today may witness a bullish trend so we recommend you to go on Buying side for gold above 30180, Stop loss 30100, Target 30260. Same We'll recommend for silver Buy above 53750, Stop Target 54050-54100. Stop loss-53450,
    Buy MCX Copper above 417.30, Stop loss 415.30, Target 419.30
    MCX Aluminium Buy above 104.30, Stop loss 104, Target 104.60.
    MCX Crude Oil Buy at 4550, Stop loss 4520, Target 4575-4580.

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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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    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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    Good news for the Gold Investors: (MCX Gold Updates)
    If you have invested your money in th gold there is a good news for you. According to Experts there is a good scope of getting good returns over the investment. Current price of gold in the international market is around 1,620 dollars per ounce which is expected to touch the level of 10,000 in nest 10 years though today gold has become sluggish. Despite the international market pressure and downfall of rupee against the dollar the gold is trading at 30,180 with the 0.1 % up.

    MCX Silver Updates: Silver on MCX is trading at Rs 54 510, with a marginal decline. With 0.5 per cent up MCX crude oil is trading around Rs 4,700. MCX is looking strong at 0.5 per cent in base metals, but copper is in pressure.

    Commodity Trading tips & Strategy for today 19 June 2012

    MCX Crude oil (June futures): Sell - 4700, stoploss of Rs - 4760 and the target - 4600


    MCX gold (August futures): Sell - 30 200, stoploss of Rs - 30 370 and the target - 29900


    MCX mentha oil (June futures): Buy - 1375, stoploss of Rs - 1320 and the target - 1495



    MCX Silver: Support 53870/53190 Resistance 55280/56034
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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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    Gold in the domestic market has reached record heights. MCX Gold in Thursday's trading met it's highest price in the history. But in the international market price is below 15 per cent to record levels. With 0.3 per cent gain MCX gold is trading at Rs 30130. While inspot market of Delhi Golf managed to reach the record price of 30,550.


    Of course the currency is playing a vital role in the move of gold. But according to the AMFI's news, the investment in ETF gold has been decreased. In the current fiscal year the total investment in ETF gold is around at 9 Crore which was 690 Crores in last financial year.

    In the Starting of Financial year 2012 the price of gold was around 27,300 which is now on the level of around 30,000. MCX gold has gained 12% of increment in price.

    According to experts due to the growing weakness of rupee against the dollar has supported the gold to meet the new price heights.
      
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