Gold Copper Updates: MCX Commodity Tips For Today: 4th April '12

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

MCX Gold Updates

Gold futures recovered from early losses, after positive economic reports from US, moving higher along with oil and stocks. Silver too followed cues from its pears i.e. Gold & Copper. MCX Gold june is trading in a consolidate trend. Now it has resistance level of 28560 and a support level of 27455. According to our research report mcx gold will trade between these levels. An intraday trader should buy MCX Gold june at lower levels.

We Suggest to buy MCX Gold above 28000, Target: 28300-28600, Stoploss: 27500.

Copper Updates

Copper prices traded in positive along with other metals, after reports showed a stronger manufacturing in the US and China, which bolstered the outlook for metals demand. MCX Copper april is trading in a consolidate trend. Now it has resistance level of 443.1 and a support level of 435.0. According to our research report mcx copper will trade between these levels. An intraday trader should buy MCX copper at lower levels.

We suggest to buy Copper Apr above 436, Target: 445-441, Stoploss: 434.7

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MCX Gold Silver Tips and Copper Updates For Today: 3rd April '12

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

MCX Gold Tips

MCX Gold is suggested to have a prices reversed after taking support at 28400 levels. Stochastic is in a buy mode. We expect prices to go up to levels of 28700.

Trading Call: Buy around 28500 levels with a stop loss placed below 28400 levels for targets of 28700 levels.

MCX Silver Tips

MCX Silver is also suggested to have a prices reversed after taking support at 56500 levels. Stochastic is in a buy mode. We expect prices to go up to levels of 58000.

Trading Call: Buy around 57300 levels with a stop loss placed below 56700 levels for targets of 58000 levels.

MCX Copper Tips

Ongoing consolidation likely to call for a dip initially but may cause a reaction rallies later. Ideally prices have to surpass the strong upside obstacle of 444 to shoot up fresh strong rallies.

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Crude Updates, MCX crude Tips For Today: 2nd April '12

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

About crude oil dropped 0.30 per cent in the domestic market is trading at Rs 5258. Slowdown in the trend of crude oil in the international market, the price has come on 103 dollars a barrel. Crude oil is beginning to weaken today also. Slight decline in the domestic market with crude oil is trading at Rs 5267. Natural gas broke open the 1 per cent.

NYMEX crude oil has seen a 0.30 per cent, but the price has come on 103 dollars a barrel. Half per cent in the domestic market last week, crude oil had slipped to Rs 5273. But in Asia Oil was higher trade on Monday after figures showing a rise in manufacturing activity in China.

India will look to increase imports of crude oil, liquefied natural gas and liquefied petroleum gas from Qatar in the coming years, Oil Minister Jaipal Reddy said Monday.

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MCX Crude and Energy Updates For Today: 30th March '12

Copper Updates, Crude Updates, Gold updates,  mcx tips today,  mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

Counter has established a major weakness and likely to persist with an objective of 5240/5190 or even further. However, in this dreary state voluminous trade above 5344-50 region could question our intraday weakness and push prices towards 5385/5410 for a pullback. Turn around level seen at 5425 region. Crude Oil suggest that prices have given a breakdown from the rising channel formation. MACD is in a sell mode. We expect prices to correct up to levels of 5240.

Free MCX Tips-

MCX Crude oil Apr: Sell around 5320 levels with a stop loss placed above 5360 levels for targets of 5240 levels.

MCX Natural Gas April: Sell around 111 levels with a stop loss placed above 114 levels for a target of 107 levels.

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MCX Commodity Tips, Crude and Copper Updates For Today

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

MCX Crude Updates

Prices seen trading firmly so far this day. So in the evening session counter likely to continue positive move towards 5545/5580 or even higher. Alternatively, a break below 5470 region could scale down prices towards 5445 region for a swing higher. Major weakness seen only below 5420 region. Crude oil prices have given a breakout from a symmetrical triangle. Daily stochastic is building strength and prices are trading above short term averages. We expect prices to go up to levels of 5,550 levels. We recommend a buy around 5,450 levels with a stop loss placed below 5,380 levels for a target of 5,550.

MCX Copper Updates

Expect to move up and find resistance at 437/439 or further more as long as prices stay above 431. Unexpected sell off below 429 could negate our intraday bullish expectations and take prices lower. Copper prices are trading close to a crucial resistance of 434. MACD is loosing its strength. Immediate support is 429 levels where the short term averages are placed. We recommend a sell below 429 levels with a stop loss placed above 440 levels for a target of 415 levels

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Copper Updates and MCX Commodity Tips For Today

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

MCX Gold Trend

Gold is expected to trade lower during the week, taking cues from expected strength in the US dollar coupled with poor market on account of deepening worries over global economy.

However, depreciation in the Indian Rupee may cushion sharp downside on the domestic bourses

MCX Gold April: Support 27851/27595 Resistance 28255/2841

We recommend a buy above 28200 levels with a stop loss placed below 28000 levels for a target of 28700 levels.

MCX Copper Updates

Rising uncertainty with respect to global economic growth may affect demand for industrial metals. Additionally, strength in the US dollar will also exert further downside pressure on copper prices. However, fall in the red metal inventories may cushion sharp decline in prices.

Weakness in the Indian currency may provide support to the metal prices on the domestic platform.

MCX Copper Support 428.20/424.10 Resistance 436/440(CMP: 434.10).

MCX Silver Tips

The daily price chart suggest that prices have reversed after taking support of 56000 levels. Prices are currently trading close to a crucial resistance 57400. RSI has given a positive crossover.

We recommend a buy above 57400 levels with a stop loss placed below 56000 levels for a target of 59200 levels.

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MCX Copper Updates and Trend For Today

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

MCX Copper may note some gains tracking international exchanges however the bias remains negative. LME copper trades higher in early trades today after noting sharp gains yesterday. Prices may seek support from improving pace of recovery in US and expectation of tightness in physical markets amid falling stocks at LME and supply constraints. Copper stocks at LME warehouses continued to decline and fell by 2,875 tons yesterday to hit the lowest level since July 2009 while cancelled warrants hovered near 32%, signaling strong physical demand. However persistent worries over weakening demand from China and rising stocks at SHFE warehouses are capping the upside. Further prices may come under pressure amid growing fears of recession in Euro Zone, weakness in global equities and firmness in US Dollar. Prices may further track economic releases and its impact on movement in global equity and currency markets. As for today, focus will be on US New Home Sales. Support for April copper is seen at Rs.426 while resistance is seen at Rs.436.

courtesy: myiris.com

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Copper Updates For Today: 23rd March '12

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

Copper was the top performer amongst the base metals pack on the LME today, as the metal rose almost 1 percent on the LME and around 0.5 percent on the MCX till 4.30 pm IST today. MCX Copper may note some gains tracking international exchanges however the upside remains capped. Weakness in the US dollar coupled with decline in copper Shanghai inventories acted as a positive factor for the red metal prices. MCX Copper may trade in range of 428-435 while lead can trade in range of 101-103.50 and zinc in range of 101.50-103.50. Copper futures settled down 2% as a darkening outlook on Chinese demand and global economic growth compounds pressure from a stronger dollar and weaker U.S.

Trading Strategies For Today

MCX Gold April: Buy around 27,850 levels with a stop loss placed below 27,700 levels for targets of 28,100 levels.

MCX Silver May: Sell around 56,800 levels with a stop loss placed above 57,200 levels for targets of 56,000 levels.

MCX Crude April: Sell around 5,450 levels with a stop loss placed above 5,475 levels for targets of 5,400 levels.

MCX Natural Gas March: Buy around 119 levels with a stop loss placed below 117 levels for a target of 122 levels.

MCX Copper April: Buy above 431 levels with a stop loss placed below 428 levels for targets of 435 levels.

MCX Lead March: Buy above 103 levels with a stop loss placed below 102 levels for targets of 105 levels.

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Copper Updates and MCX Commodity Tips For Today

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

Copper Updates

Base metals is quite volatile. Copper, aluminum and lead are strongly seen. While on MCX Nickel is a declining trend.

The consolidation of 0.5 per cent on MCX Copper is trading at Rs 432.50. Lead and zinc also declined 0.5 per cent to Rs 102.40 and Rs 102.85 respectively are traded. Aluminum has a slight edge, but nickel is trading at Rs 942.80 to close 0.5 per cent fall.

In MCX Copper our analyst suggest that prices are taking support on the top to top rising trend line. Stochastic is in a buy mode. We expect prices to go up to levels of 435 if the prices trades above 431 levels.

MCX Commodity Tips

MCX Copper Tips

Trading Call: Buy above 431 levels with a stop loss placed below 428 levels for targets of 435 levels.

MCX Silver May

Trading Call: Sell around 56800 levels with a stop loss placed above 57200 levels for targets of 56000 levels.

MCX Gold Apr

Trading Call: Buy around 27850 levels with a stop loss placed below 27700 levels for targets of 28100 level

MCX Crude Oil

Trading Call: Sell around 5450 levels with a stop loss placed above 5475 levels for targets of 5400 levels.

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Copper Updates, Free Commodity Tips For Today

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips

Copper Updates

After consolidating for the last few days, prices have cleared the recent swing support of 428.50 in the early session. Looking ahead prices have more room for further sell off towards 425 followed by 421/417 levels. It has to trade consistently above 436 to dent our bearish expectations.

Copper prices are expected to trade within the range from 433 – 426, one should trade within the range. Oscillators are in positive territory.

MCX Gold

Trading Call: Buy around 27850 levels with a stop loss placed below 27700 levels for targets of 28100 levels.

MCX Silver

Trading Call: Sell around 56800 levels with a stop loss placed above 57200 levels for targets of 56000 levels.

MCX Crude Oil

Trading Call: Sell around 5450 levels with a stop loss placed above 5475 levels for targets of 5400 levels.

MCX Copper Tips

Trading Call: Buy above 431 levels with a stop loss placed below 428 levels for targets of 435 levels.

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