Social Icons

Tuesday, March 29, 2011

MCX Commodities trading tips today


Crude oil prices turned positive on Tuesday as investors eyed market technicals, an equities market bounce and reined in optimism about an early return of Libya's oil exporting capabilities. Gold steadied near $1,420 an ounce on Tuesday as violence in the Middle East boosted the metal's safe-haven appeal, but investors remain cautious towards the metal amid expectations monetary policy is set to tighten. Copper recovered losses on Tuesday from a one-week low, mirroring a rise in equities on improved risk appetite, but small gains were capped by demand concerns, while aluminium hit a 2-1/2 year high.
Read More:-
FreeMCX Tips Today on Mobile Click Here

MCX Copper Tips

Buy copper april above 431.55 target 432.75 stoploss 429.85
 Commodity copper market news 
Copper being nearly 1 percent decline. Although red pepper futures traded on the edge is strong.
Read More:-
MCX Free Tips on Mobile

Commodity trading tips today | Crude Oil commodity market news


Commodity call today evening




MCX Lead (April ) Sell 118.80, Stoploss - 119.40 Target – 117.20

MCX Crude oil (April ) Sell - 4655, Stoploss - 4670 Target – 4570

MCX Gold (April ) Buy 20640, Stoploss - 20 470 Target - 20800

Today's Commodities trading updates

Crude oil has reached the top of the Today's commodity. On MCX, crude oil declined by nearly 1.5 per cent. While silver has broken the 1 per cent. Selling pressure came on Copper and Copper being nearly 1 percent decline. Although red pepper futures traded on the edge is strong.
Silver has been intensified in the early fall. On MCX, silver has come down to Rs 55,000. While nearly half per cent with the decline of gold is trading. The impact of overseas market crash has had on domestic business.
Today's sharp decline in crude oil. On MCX, crude oil fell nearly 1.5 percent and expressions have come down to Rs 4,700. Meanwhile, on NYMEX than $ 104 crude oil has come down. MCX since March 7 at 6 per cent fall in crude prices has come close yet.
  FREE MCX Sure Tips and Market updates On Mobile

MCX Bullion Market Report and Commodity Market news for Today

Gold keeps cutting loss as dollar retreats
Euro erased losses against the dollar
Oil felt pressure earlier by the stronger dollar
Copper prices stumbled on Monday
Copper stocks at highest since last July

Gold fell more than 1 percent on Monday, briefly dipping below $1,410 an ounce, as the dollar rose after hawkish comments from a Federal Reserve official last week and as impetus from unrest in the Middle East petered out. Oil retreated on Monday, with both U.S. and Brent crude futures slipping over a dollar, after Libyan rebels regained control of key oil towns and the dollar firmed on hawkish comments from a U.S. central banker.
Copper prices stumbled on Monday as renewed worries about Japan's crisis, unrest in the Middle East and rising stocks persuaded investors to retreat from assets perceived to be risky.

FREE MCX Intraday Tips On Mobile 
 
Customers 4.9out of 5.0 based on 33045 user ratings