MCX NCDEX Trading Suggestions and Trend Today: 28 April 2015

MCX Gold June trading Sideways to Bullish, Support at 26815-26119, Resistance at 27243-27831, Buy on Low is suggested.
MCX Silver trading Sideways to Bullish, Support at 36335-34215, Resistance at 37642-39443, Buy on Low is suggested.
MCX Crude Oil trading Sideways, Support at 3577-3451, Resistance at 3669-3819, Sell on high is suggested
MCX Natural Gas trading Sideways, Support at 159-152, Resistance at 163-170, Sell on high.
MCX Copper Apr trade in consolidate trend with support at 386-384 and a resistance at 389-391, Trading range 384-390.
MCX Lead trading Sideways to Bullish, Support at 132-130, Resistance at 134-136, Buy on Low.
MCX Aluminum trading Sideways to Bullish, Support at 115-113, Resistance at 117-119, Buy on Low.
MCX Zinc trading Sideways to Bullish, Support at 144-138, Resistance at 147-152, Buy on Low suggested
MCX Cardamom May has a down trend today, While trading below 874,expect to see lower correction towards 810/800 levels
MCX Mentha oil Apr though sideways directive moves, corrective selloffs may witness towards 970 levels.
MCX CPO Apr Prices need to break 446.20 for the bulls to persists towards 450/456 levels. Else, could see downfall towards 438/435 levels
NCDEX Castor seed May has bullish momentum today, Could continue towards 3850/3910, if prices trades above 3805 levels.
NCDEX RM seed is bullish today, As long as prices stays above 3824, could see prolongation of buying spree towards 3890/3930 levels.
NCDEX Refined Soy oil June trading down today, A mild profit booking could see towards 580 levels.
NCDEX Dhaniya May trading down today, Long liquidation pressure would see towards 9890 levels.
NCDEX Kapas Apr16 is bullish for today, Short covering rallies would see towards 970 levels.
NCDEX Turmeric May trading bullish for the day, As prices broke 8600 could see upside rallies towards 8820/9100 levels.
NCDEX Soybean June is bullish for today, As prices broke 4070, expect to see upside moves towards 4130/4160 levels.
NCDEX Chana prices prolonged its bullish sentiments and finally closed the day at 4226 levels.
NCDEX Chana: as long as prices are trading above 4134, could see upside rallies towards 4260 followed by 4282 and then even higher to 4300/4354 levels.
NCDEX Chana, positive daily RSI (14) along with increase in volumes are suggesting bullish outlook. Conversely, major weakness is seen below 3900 levels.

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MCX SILVERMIC June contract advances: Commodity News Today

SILVERMIC prices on MCX were trading higher. MCX SILVERMIC February contract was trading at Rs 58224 up Rs 158, or 0.27%. The SILVERMIC rate touched an intraday high of Rs 58343 and an intraday low of Rs 58086. So far 25817 contracts have been traded. SILVERMIC prices have moved up Rs 1724, or 3.05% in the February series so far.

MCX SILVERMIC April contract was trading at Rs 59590 up Rs 148, or 0.25%. The SILVERMIC rate touched an intraday high of Rs 59695 and an intraday low of Rs 59500. So far 2303 contracts have been traded. SILVERMIC prices have moved down Rs 4025, or 6.33% in the April series so far.

MCX SILVERMIC June contract was trading at Rs 60900 up Rs 121, or 0.20%. The SILVERMIC rate touched an intraday high of Rs 61020 and an intraday low of Rs 60721. So far 233 contracts have been traded. SILVERMIC prices have moved down Rs 4601, or 7.02% in the June series so far.

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Bullion, Energy, Base Metals Commodity Updates & Tips:

Bullion Updates:

Precious metals ended higher amidst extreme volatility, with initial losses transforming in to moderate gains at the end of the trading session. Positive flow of macroeconomic numbers in US weighed on the gold prices; however a strong Euro enacted as a saviour. Euro surged to just under $1.34, boosted by successful Spanish bond auction. Gold futures were trading lower on domestic exchanges tracking a fall in overseas markets and a strong rupee against the dollar. On the COMEX, gold was trading in a narrow band as investors awaited macroeconomic news for further direction. A weak dollar against the euro provided some support to the metal.

Copper Updates:

Base metals managed to recover lost ground, underpinned by positive flow of macroeconomic data in US. Base metal futures on the MCX were trading lower tracking appreciation in rupee against the US dollar, but a range bound trend in London Metal Exchange capped losses. The complex is expected to extend the upside today, as bulls will seek encouragement from stronger than expected macroeconomic data in China as well.  Hopes of positive data from the China today is likely to add appetite for base metals. In this regard, China’s economy grew by 7.9% in the fourth quarter compared to a year earlier, much higher than the GDP growth of 7.4% during the prior quarter. In addition, Industrial output in December rose 10.3% from the year‐earlier period, higher than the 10.1% rise recorded in November.

Energy Updates:

MCX crude oil futures were trading slightly lower due to strength in rupee against the US dollar, but rise in benchmark contracts on the New York Mercantile Exchange capped losses. NYMEX crude oil future gained  following an unexpected drop in US crude oil stocks and on news that Islamist militants

attacked a gas field in Algeri. MCX Crude oil January contract is looking positive for the day. Market may find support near 5120 and 5070 intraday resistance can be seen near 5190 & 5240. Day traders are advised to buy intraday on dips.

Commodity Tips Today:

MCX Gold Tips: Sell around 30820 with SL 30930, for the target of 30640 & 30530

MCX Silver Tips: Buy around 59200 with SL 58700, for the target of 59700 & 60200.

MCX Copper Tips: Sell around 441 with SL 444, for the target of 437 & 434.

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Copper and Crude Updates For Today

Copper Updates:

Base metals is back up. Although copper, nickel and zinc is trading flat. But aluminum and lead are well recovered. Aluminum is trading at Rs 113.15 down by 0.5 per cent. Lead up 0.25 per cent to Rs 127.65 doing business. With 0.1 per cent down MCX Copper is trading at Rs 449.25. Zinc gained 0.2 percent, while nickel is trading 0.1 percent higher at Rs 958.20. Copper trend suggest that prices are trading near a crucial resistance of 452 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 443.

Crude Updates:

MCX crude oil futures were trading slightly down tracking the down in benchmark contracts on the New York Mercantile Exchange. Nymex Crude oil prices gave trend line breakout in Daily chart above $87 (Rs4750). There was negative diversion also when prices fell from $84.5 to $84.0 in daily chart; RSI was moving higher, indicating reversal of trend. Current trend of crude oil suggest that prices have reversed after taking resistance at 5170 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 5040.

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Commodity News: Gold and Nickel Updates

Gold Updates:

we are observing that prices have breached the crucial support of $1680 where the 200 Exponential DMA is placed. Technical oscillators MACD and RSI are in a sell mode. Prices are now trading near the crucial support of $1660 where there are multiple supports of 200 Simple DMA, 78.6% Fibonacci extension and 50% retracement. If the support of $1660 is breached on the downside, we expect prices to first correct up to levels of $1630 which is the 100% Fibonacci extensions and also the 61.8% retracement and then up to levels of $1585 which is the 78.6% retracement. If the prices trades above $1705 entire pattern gets negated.

Nickel Updates

As the current market scenario suggest nickel formed a pullback that retraced more than 78.6% of the previous fall. It was a channelised pullback. However, the price faced selling pressure near the daily upper Bollinger Band. In terms of the price pattern, it formed an ending diagonal and broke on the downside. Recently, from the daily lower Bollinger Band, nickel bounced towards the upper Band where it faced sharp selling. Thus, nickel seems to have started the next leg on the downside. It can fall towards the 40-weekly exponential moving average (934) and the 20-weekly moving average (926) from a short-term perspective. The high of 977 will act as a key resistance.

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Bullion Trend Today: Gold Silver Updates, Crude Oil Tips

Gold Silver Updates:

With the depreciation in Indian Rupee adding to the bash, Indian silver bugs have enjoyed 13% return in 2012 with around 30% reduction in trading volume on the MCX compared to 7% returns in the international markets. Main reason for investments to pour into gold and silver is the continuous stability witnessed in the global bullion markets. Besides it is easy to liquidate gold and silver. Normally, the commodity melts in the month of December following speculative selling pressure and profit booking as prices are trading at yearly high levels.

Bullion Trend Today:

MCX, trend is relatively flat for gold and silver. Gold for delivery on February 5, 2013 was seen trading at Rs.30867 a gain of 0.02% against the previous close. Silver for delivery on March 05, 2013 was seen trading at Rs.57842, loss of 0.04% against the previous close.

Crude Oil Tips:

The risk of recession in the U.S. has moved from the crude oil jumped. Crude oil prices in the international market has increased by nearly 1 per cent. Naimaks the crude oil above $ 92 is gone. Brent crude rose above $ 111. Despite strong rupee gained in the domestic market is too crude. The 0.6 per cent on MCX crude oil has risen to around Rs 5,200. We suggest to buy MCX Crude Oil for Short term on lower levels.

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MCX NCDEX Commodity Market DATA For Today: 8th May '12

Commodity Highlights

• Gold slips as europe elections hurt the euro, stocks.
• Shanghai copper drops after french , greek polls.
• Oil falls below $98; global demand weighs.
• Domestic oil and oilseed trade low on global cues.

Commodity Market DATA

COMMODITY	EXCHANGE	CLOSING PRICE	% CHANGE
JEERA	NCDEX	13435	1.36
PEPPER	NCDEX	37350	-0.28
TURMERIC	NCDEX	3700	2.15
CHANA	NCDEX	4318	2.44
SOYABEAN	NCDEX	3590	-2.11
SOYA OIL REFINED	NCDEX	758.9	-0.51
MUSTARDSEED	NCDEX	4059	0.84
COTTONSEED OILCAKE	NCDEX	1323	0.23
GUR	NCDEX	1203.5	0.21
POTATO	NCDEX	1034	-2.14
KAPAS	NCDEX	1082	-2.52
WHEAT	NCDEX	1179	-0.76
MENTHA OIL	MCX	1470	-2.62
CARDAMOM	MCX	1208.4	2.94

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MCX, NCDEX Tips For Today (16th Dec '11), Crude Updates

MCX Tips 16 Dec, NCDEX Tips 16 Dec, Crude Oil Tips 16 Dec, Free Commodity Tips 16 Dec, MCX Commodity Tips 16 Dec, Commodity News 16 Dec.

All commodities are down, today all commodities are trading with the red points. May be the reason is down trend of stock market. Another reason is europe crisis. Rs is going downside, that is main reason for down trend in commodity market. Every commodity trading with more than 1% loss. Gold has come down to 27800 and silver has also touch the level of 53000. Our reseach report said that it is the best time to make buy position in any commodity. We suggest to buy Gold, Silver and Crude at lower levels for short term trading.

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Crude Oil Tips: MCX Crude Tips (15th Dec '11), Crude Updates.

Crude Oil Price, Crude Tips, MCX Crude Tips, Crude Updates, Crude Oil Trading, mcx india, ncdex live

Today all commodities are trading with the red points, all commodities are down today. May be the reason is down trend of stock market. Today Nifty has falled more than 34 points. Crude oil is also get some effect of it, Now it is trading at 5325 with the loss of 17 points. It is looking consolidate today. It may trade with a lower trend in this week.

We Suggest that don't make any fresh position in crude oil.

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NCDEX, MCX, Commodity News For Today (13th Dec '11)

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Commodity News

• Gold falls to 3-wk lows as crisis boosts dollar.
• Oil fluctuates on europe debt outlook; iran calls for opec output cuts.
• Copper falls as europe scepticism offsets china data.
• Domestic oil and oilseed trade steady. 

NCDEX Trend 

Chana

TREND               Consolidate
RESISTANCE 2   3320
RESISTANCE 1   3255
SUPPORT 1         3135
SUPPORT 2         3070
STRATEGY         Sell on higher Levels

Pepper

TREND                Consolidate
RESISTANCE 2    37300
RESISTANCE 1    36580
SUPPORT 1          35200
SUPPORT 2          34500
STRATEGY          Sell on higher Levels

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MCX Bullion Trend and Tips For Today

MCX Gold Trend-

MCX Gold is looking a good bet in these circumstances, Today it is trading at the level of 28774 after touching intraday high of 28905. MCX Gold is looking bullish in current market because of the spot price of gold at its higher position and another reason is movement of Dollar in internation market.

It has the resistance of 28950 and a support of 25500, MCX Gold may trade between these levels. 

MCX Silver Trend- Click Here

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NCDEX Tips and Trend For Today

Pepper- In NCDEX pepper is looking bullish after facing the consolidation fram of yesterday, it is now trading at 35220 which indicates that pepper has now a bullish trend. We suggest that make a fresh position in pepper for short term.

Chana- In agri market chana is looking bearish for intraday trading, Chana is now trading 3160 after getting almost a fall today. Current position is showing that chana has a consolidate trend. We suggest that don't make any new position in chana.

Guar Seed- Guar seed having a good time today, it has a bullish trend today and now it is trading at 5255 with its intraday high. We suggest to make a new position in guar seed to get maximum profit.

Fill The Free Trial From To Get Free Jack Pot Tips For Today

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MCX Gold Trend For Today, MCX Commodity News

As we have predicted about the mcx gold trend for today it moves with the same pattern, now it is trading at the level of 28700 having the intraday high of 28755. It is looking more bullish in coming sessions. It may relay to 29700 levels, or it is looking strong in this week. Our research report is indicating that MCX Gold may trade higher in this week.

Have a look at our report- Click Here

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MCX Commodity News- Gold Tips For Monday

Overall trend for gold is bullish for medium-long term. Today Gold has touch the level of 28,420 and looking stronger for short term positions. The trend is supported with good volume. The open interest is increases with the trend. The oscillator showing BUY signal for short term.

Currently Gold is trading with its higher position so buy above 28410 with a stioploss of 28200.

For Free Gold Report for Intraday - Click Here

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MCX Bullion Technical Report For This Week-

As the commodity market fluctuating in last some trading sessions, it is not a good time to get into the market. Where MCX gold hits 29300 in these period, which was the highest of it but it had fallen down in very next session. The reason may be the Ruppe satteled lower of last 32 months against the Dollar. This will impact the commodity market also. 

Bullion Technical and Fundamental report and analysis Subscribe on Mobile or On e-mail - Click Here

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MCX Crude Oil Trend For Today

After a good build-up of yesterday MCX crude is now looking solid today also, reason may be the oil ministry has approved sale of a 10 percent stake in state-run explorer Oil India. But New York oil prices fell today after hitting fresh five-month high levels following a deal that reverses the build-up of crude stockpiles in the United States. According to our report Crude has sufficient reason to go downside today.

According to our research report Support for MCX Crude Dec. contract is seen at Rs.4945 while Resistance is seen at Rs.5125.

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Commodity MCX NCDEX Report For Today

• Gold down 1 pct on euro zone debt fears.
• Oil fell from a five-month high on signs europe crisis spreading.
• London copper down on euro zone c.bank spat.
• Indian spices complex trade bearish.

COMMODITY	EXCHANGE	CLOSING PRICE	% CHANGE
JEERA	NCDEX	13670	-0.94
PEPPER	NCDEX	34890	0.45
TURMERIC	NCDEX	4770	-1.04
GUARSEED	NCDEX	4307	-0.28
GUARGUM	NCDEX	13765	-1.18
CHANA	NCDEX	3566	-0.14
SOYBEAN	NCDEX	2243	0.54
SOY OIL REFINED	NCDEX	640.5	1.14
MUSTARD SEED	NCDEX	3152	-0.1
COTTONSEED OILCAKE	NCDEX	1189	-0.08
GUR	NCDEX	1009.5	-0.2
POTATO	NCDEX	622.1	-1.35
MENTHA OIL	MCX	1334	-0.33
CARDAMOM	MCX	651.1	0.62

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MCX Gold Trend, Levels and Report

MCX Gold December contract was trading at Rs 28896.00 down Rs 100.00, or 0.34%. It touched an intraday high of Rs 28970.00 and an intraday low of Rs 28860.00. Gold prices gained 19 percent in the September quarter, and extended gains to hit a record of 29,212 rupees in November. The third quarter of 2011 has seen some difficult times for gold not just in India but around the world. Along with these India's jewellery demand fell 26 percent to 125.3 tonnes during the quarter, while investment demand fell 18 percent to 78 tonnes.

We hope that the gold will again get its new position.

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Commodity Report For Today, Commodity News

GOLD DOWN 1 PCT ON EURO ZONE DEBT FEARS.
CRUDE SLIPS AS EUROPE DEBT WORRIES EYED.
COPPER DOWN; EURO ZONE WORRIES, EQUITIES WEIGH.DOMESTIC OIL AND OILSEED TRADE UP.

NCDEX Commodity Table

COMMODITY	EXCHANGE	CLOSING PRICE	% CHANGE
JEERA	NCDEX	13670	-0.94
PEPPER	NCDEX	34890	0.45
TURMERIC	NCDEX	4770	-1.04
GUARSEED	NCDEX	4307	-0.28
GUARGUM	NCDEX	13765	-1.18
CHANA	NCDEX	3566	-0.14
SOYBEAN	NCDEX	2243	0.54
SOY OIL REFINED	NCDEX	640.5	1.14
MUSTARD SEED	NCDEX	3152	-0.1
COTTONSEED OILCAKE	NCDEX	1189	-0.08
GUR	NCDEX	1009.5	-0.2
POTATO	NCDEX	622.1	-1.35
MENTHA OIL	MCX	1334	-0.33
CARDAMOM	MCX	651.1	0.62

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MCX NCDEX Report For Today

• GOLD TRACKS RISK ASSETS DOWN ON EUROPE FEAR.
• OIL FALLS AS ITALIAN BOND YIELDS CLIMB, ADDING TO DEBT CRISIS.
• COPPER DOWN ON EURO ZONE WORRIES.
• DOMESTIC OIL AND OILSEED TRADE MIXED.

COMMODITY	EXCHANGE	CLOSING PRICE	% CHANGE
JEERA	NCDEX	13810	0.87
PEPPER	NCDEX	34705	-0.24
TURMERIC	NCDEX	4816	3.08
GUARSEED	NCDEX	4319	4.02
GUARGUM	NCDEX	13930	4
CHANA	NCDEX	3575	0.99
SOYBEAN	NCDEX	2229	-0.65
SOY OIL REFINED	NCDEX	633.85	0.68
MUSTARD SEED	NCDEX	3155	0
COTTONSEED OILCAKE	NCDEX	1189	0.59
GUR	NCDEX	1011	-0.3
POTATO	NCDEX	627.6	-0.41
MENTHA OIL	MCX	1334	0.06
CARDAMOM	MCX	646.8	-3.75

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