Commodity Outlook & Intraday Trading Strategy Today 7th May 2015

Commodity Outlook & Intraday Trading Strategy For Today 7th May 2015-

Exchange	Commodity	Expiry	S1	S2	Last Trade	R1	R2	Intraday Trend	Recommendation
MCX	Gold	05'June	26790	26675	26911	27025	27130	Bullish	Buy at S1 TGT R1 SL 26750
MCX	Silver	05'July	37565	37110	37992	38450	38870	Sideways	Wait for call
MCX	Copper	30'June	411.4	407	414.95	418	422	Sideways	Wait for call
MCX	Nickel	30'May	872	851	892.4	908	1013	Bearish	Sell at R1 TGT S1 SL 1013
MCX	Zinc	30'May	150.3	149.2	151.5	152.5	154	Bearish	Sell at Cmp TGT S1 SL 152.50
MCX								Sell at R1 TGT S1 SL 135.35
MCX	Lead	30'May	132.4	131.15	133.15	134	135.35	Bearish	Sell at R1 TGT S1 SL 135.35
MCX	Aluminum	30'May	120.8	119.7	121.85	122.7	124	Bearish	Sell at R1 TGT S1 SL 124
MCX	Crude Oil	18'May	3832	3765	3882	3955	4016	Sideways	Expecting some intraday corrections.
MCX	Mentha Oil	30'May	963	947	978.5	983	1005	Bearish	Sell at R1 TGT S2 SL 1005
NCDEX	Cotton	30'May	16510	16370	16640	16730	16860	Bearish	Sell at R1 TGT S1 SL 16860
NCDEX	Chana	20'May	4432	4370	4477	4530	4587	Bullish	Buy at S1 TGT R1 SL 4403
NCDEX	Soya Bean	20'June	4165	4123	4211	4276	4325	Bullish	Buy at S1 TGT R1 SL 4186
NCDEX	Soya Oil	20'June	586	582	592.9	597	603	Sideways	Wait for call
NCDEX	RM Seed	20'May	3866	3823	3902	3965	4011	Bullish	Buy at S1 TGT R1 SL 3823
NCDEX	Cocud cake	20'May	1825	1803	1843	1887	1912	Bullish	Buy at S1 TGT R1 SL 1803
NCDEX	Jeera	20'May	17245	17110	17395	17525	17660	Bearish	Sell at R1 TGT S1 SL 17660
NCDEX	Turmeric	20'May	8187	8075	8312	8390	8500	Bearish	Sell at R1 TGT S1 SL 8500
NCDEX	Dhaniya	20'May	10540	10470	10625	10710	10835	Bullish	Buy at S1 TGT R1 SL 10470
NCDEX	Castor seed	20'May	3692	3625	3722	3800	3885	Bullish	Buy at S1 TGT R1 SL 362

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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 Gold Silver Call For Today: 21 April 2015

MCX Gold Call For Today
Gold trading range for the day is 26658-27056. Support is looking at 26747-26658 levels while Resistance is at 26946-27056 levels on MCX. Gold prices settled flat as pressure seen on prices as equities rallied and the dollar steadied. The Fed's policy meet later this month will be eyed for stronger clues about the timing of a rate hike. U.S. inflation data that indicated the Fed was on course to start raising interest rates this year failed to boost the greenback.
MCX Gold Call for Today: Sell Gold June at 26900, Stop loss 27080 and Target are 26780-26650.

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MCX Silver Call Today

Silver trading range for the day is 35440-37094. Support is looking at 35757-35440 levels while Resistance is at 36584-37094 levels on MCX.  U.S. inflation data that indicated the Fed was on course to start raising interest rates this year failed to boost the greenback. Silver dropped amid a stronger dollar, as traders digested an unexpected stimulus measure in China and continued uncertainty of a Greek departure from the euro zone. Traders will be closely watching developments in Greece as any worsening of the debt situation could trigger demand for safe-haven.

MCX Call For Silver: Sell Silver May at 36540, Stoploss 36800, Targets are 36150-35750.

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Free NCDEX MCX Tips for Today (8-April-2015)

NCDEX May Soya bean; an “inverted hammer” candlestick pattern on daily charts renders that the temporary top has formed at 3632 and intact nearterm profit booking in the counter. Further outlook remains weak and is likely to extend the decline towards 3519 & 3484 levels, which are 50% and 38.2% Fibonacci level of the recently rally.
MCX Apr Crude oil prices surged 71 points on the second trading session and reached almost our mentioned target of 3387 levels. Further positive outlook will continue towards 3404 & 3488 levels. Hence, any fall can accumulate fresh longs at 3310 levels.

Free NCDEX MCX Tips For Today: Dated 8-April-2015

Commodity	Expiry	S1	S2	Last Trade	R1	R2	Trend	Intraday Recommendation
Gold	05'June	26770	26650	26875	26970	27085	Bullish	Buy at S1 TGT R1 SL 26650
Silver	05'May	37230	36645	37687	38280	38840	Sideways	Wait for call
Copper	30'Apr	378.7	375	380.6	385	389	Bullish	Buy at S1 TGT R1 SL 375
Nickel	30'Apr	785	774	790.8	805	822	Bearish	Sell at R1 TGT S1 SL 822
Zinc	30'Apr	133.25	132.4	133.95	135.15	136.4	Bullish	Buy at S1 TGT R1 SL 132.4
Lead	30'Apr	118.25	117.5	118.75	120	121.15	Bullish	Buy at S1 TGT R1 SL 117.5
Aluminum	30'Apr	110.7	109.7	111.45	112	113.15	Bearish	Sell at R1 TGT S1 SL 113.15
Crude Oil	20'Apr	3187	3130	3325	3404	3486	Bullish	Buy at S1 TGT R1 SL 3130
Natural Gas	27'Apr	166	163	168.4	172	175	Bullish	Buy at Cmp TGT R1 SL 166
Mentha Oil	30'Apr	896	883	901.9	918	932	Bullish	Buy at S1 TGT R1 SL 883
Cotton	30'Apr	16040	15880	16120	16250	16400	Bullish	Buy at S1 TGT R1 SL 15880
Chana	20'May	3765	3730	3794	3846	3890	Bullish	Buy at S1 TGT R1 SL 3730
Soya Bean	20'June	3520	3480	3562	3587	3625	Bearish	Sell at R1 TGT S1 SL 3625
Soya Oil	20'June	568	563	574.2	577	582	Bearish	Sell at R1 TGT S1 SL 582
RM Seed	20'May	3512	3475	3541	3563	3596	Bearish	Sell at R1 TGT S1 SL 3596
Cocud cake	20'May	1742	1720	1766	1778	1803	Bearish	Sell at R1 TGT S1 SL 1803
Jeera	20'May	15910	15750	16045	16180	16310	Bullish	Buy at S1 TGT R1 SL 15750
Turmeric	20'May	7845	7760	7910	7988	8060	Bullish	Buy at S1 TGT R1 SL 7760
Dhaniya	20'May	9120	9010	9230	9285	9355	Bearish	Sell at R1 TGT S1 SL 9355
Castor seed	20'May	3635	3580	3690	3735	3789	Bearish	Sell at R1 TGT S1 SL 3789

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Crude Oil Updates and MCX Bullion Tips For Today: 25th March

MCX Tips, MCX Gold Tips, MCX Silver Tips, Commodity Tips Today, Crude Oil Tips, Crude Updates for 25th March

Gold Silver COMEX Updates
Gold and silver prices are up in the international market continues. Gold and silver prices  have shown upmove for the fifth consecutive season. COMEX gold price are trading at the high of last 3 weeks.
Commodity Experts say that gold and silver prices are up mainly because of the sharp pressure in global stock markets and investors against risky assets to secure the trend of investment in gold is rapidly returned.

MCX Bullion Tips For Today
We expect that COMEX gold will the a short term target of $ 1200 and more from here. COMEX gold is currently up by 0.20 percent at $ 1190 per ounce. However, with minor speeding silver is also trading at a level of $ 16.95 per ounce.
On other side MCX Gold also having a price relly at 26422 to 26488 level while it may see 26235-26132 levels in downside. Trading range 26100-26450 because of bullish trend Correction is expected.

Crude Oil Updates
Crude oil at NYMEX for May expiry was all over the place wherein the commodity at one point of time hit a high near $48.50 per barrel, adding more than 2% from Monday’s closing however finally finished just 0.13% higher to $47.50.
At local markets, we saw crude oil closing higher by over 2% above the Rs 3000 per barrel level wherein we should see gap-down opening in oil today at MCX.

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MCX Copper Tips For Today:

Today all commodities are looking good in that mcx copper is also bullish today. Today it is up by the 0.07%. Technically it is looking to recover from its previous trend. It is looking positive. Make a fresh position from here in copper.

We recommend that:

Buy MCX Copper above 356.50, Target: 363 with the stoploss of 352 for short term trading.

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Free Commodity Tips and Trend For Today

Today again all commodities are down, In bullion gold is down by 0.25%, wheres Silver is down by more then 1.50%. MCX crude oil is down by 0.75%.. Natural Gas is down by 0.53%. It is a good position to make new position. Buy Commodities on dips to get more profit. 

We recommend that:

Buy MCX Gold on dips to get the target of 26450 with a stoploss of 25600 for the short term.

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MCX Bullion Tips and Trend For Today:

Today bullions are in a good position after a down position of yesterday. Bullions are now recovered from that. MCX Gold is on 26516.00 having the gain of over 830 points, and Silver is also up on 55410.00 with 3833.00 up. Today all commodities are looking positive. The Bullions may go more upside. So it is a better position to make a buy position for short term.

We recommend that: 

Buy Gold (oct) for its current price for target 27000, with a stoploss of 26100.

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Intraday Commodity Trend and Tips For Today:

Today bullions are in a decline position where the Gold is on below the level of 26500 having the loss of 500.00 and Silver facing more down trend today, Today it is down by it has gone under the level of 47000. So it is not the better time to make a fresh position.

We recommend that:

Gold: Sell MCX Gold October below 26000,
Target: 25600, Stoploss: 26505.

Silver: Sell MCX Silver Dec below 50100,
Target: 49600, Stoploss: 50500.

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MCX Commodity Tips For Today:

Gold is moving continuously down, it slid to a 6-1/2 week low Today, setting the stage for its sharpest weekly drop since March 2009, though the result is all commodity are in downside. 

We aspect that it will carry the same trend and looking more decline. So it is better to make a sell position in gold. 

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MCX Commodity Tips For Today:

Today all the commodities are down and it may possible that it will suffer more bearish trend in next some trading session. Gold is down to 2.30% over the last closing, silver is down to 8.14% over the last trading session. And same thing happen with the other commodities.

So Here are some recommendation for short term-

we advice Investors to take short term sell position in MCX Gold (Dec) contract at opening price with target of 27000 and stop loss of closing above 28000.

we advice Investors to take short term sell position in MCX Silver (Dec) contract at opening price with target of 55500 and stop loss of closing above 58000. 

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MCX Gold Trend For Today

Yesterday Gold fell Rs 160, to Rs 28,340 per ten grams at Delhi`s bullion market, on Thusrday, on emergence of selling by stockists, upon weak global cues. But silver added Rs 150 rupees, to Rs 64,500 a kilo.

In the global markets, gold fell 0.8%, to USD 1,768 an ounce. Gold dropped after the US Federal Reserve pledged to buy long-term debt worth USD 400 billion, pushing up the American currency. 

Here are Technical Levels For Gold (Oct)

TREND	Consolidate
RESISTANCE 2	28600
RESISTANCE 1	28250
SUPPORT 1	27600
SUPPORT 2	27250
STRATEGY	Buy on dips

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