Wednesday, April 20, 2016

MCX NCDEX Market Update today : 20 April

Nymex WTI crude on global markets slipped 1.5 percent to $ 41. While Brent crude dropped 1.3 percent, to $ 43 with osteoporosis. MCX crudeoil on the domestic market is in the weakness of a half percent was recorded. 

MCX Crude prices have come down to Rs 2770. Natural gas, however, with a gain of 1 percent to Rs 138.4 is reached. MCX gold is trading around 0.1 percent to Rs 29,300. However, silver with 1 percent growth has gone beyond Rs 40150. 

Agri commodities slowdown:

Agri commodities cotton prices have declined. MCX Cotton is trading at Rs 17130. May futures on NCDEX sugar has decline to 4 percent to Rs 3385. While the slowdown trend in base metals is to find. 

MCX Copper fell 0.4 percent to Rs 325 has arrived. Rose 0.1 percent, while nickel was trading at Rs 610. The decline in zinc also dropped 0.25 percent to 127 rupee

SELL NICKEL APRIL MCX BELOW 602.25, with the STOPLOSS ABOVE 614.95 and TARGET-596.10,590. INTRADAY TARGET 598.50-598 

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