Commodity Face Today : 3 july 2015 || MCX Bullion Tips | NCDEX Calls

MCX Gold Futures Prices fell Rs.46 to Rs 26,365 per 10 grams in futures trade on Thursday. At Multi Commodity Exchange(MCX), gold for delivery in August contract was trading lower by Rs 46, or 0.17 percent, at Rs 26,365 per 10 grams in a business turnover of 131 lots.

Experts at Commodity MCX NCDEX Calls told that there is a weakening trend in the overseas markets where gold retreated before a US employment which weighed on the precious metal in futures trade here.

Commodity Face Today:

#Nickel July MCX Trend - Sideways : Resistance 782 , Support 768.8 
#Copper Aug MCX Trend - Sideways : Resistance 374.5 , Support 371 
#Gold Aug #MCX Trend - Sideways : Resistance 26340, Support 26090
#Silver Sep #MCX Trend - Sideways : Resistance 36200, Support 35640
#Crude Oil July #MCX Trend - Sideways : Resistance 3677, Support 3600

NCDEX Turmeric Future Bearish : 24 june 2015 || NCDEX Soyabean and NCDEX Chana Updates

The sowing of Turmeric crop is expected to pick up gradually as rains in growing in the areas of Andhra Pradesh and Tamil Nadu kept possibilities of improved sowing. But with prices having fallen a lot, some bounce back too is possible in the price. NCDEX Turmeric Future Bearish is maintaining lower price range since one week.

NCDEX Turmeric July contract was moving down by -0.55 per cent to 6926 level on Tuesday.

#NCDEX Turmeric Short term July contract is seen at 6200 and resistance at 7600. Support - Intra day seen at 6950 and resistance at 7060. Agri Future trend is expected to come down as rainfall is seen in the major parts of India. Market trend is deducted now by Monsoon in North-West this week.

NCDEX TIPS FOR THE DAY: 

#Buy NCDEX Soyabean, Trading at 3450 ,Stop-loss-3410 ,T1/T2-3490/ 3530 
#Sell NCDEX Chana, Trading at 4150, Stop-loss-4190 ,T1/T2-4110/ 4060

MCX Bullion tips For Today || MCX Crudeoil to Continue Sideways

This is an potential dangerous time for MCX GOLD and MCX SILVER. Simply put, the price action in Gold is very bearish is now near an extreme. One week later both the YELLOW Metals are moving towards support. Short Term for MCX GOLD and SILVER is likely to be negative.

MCX Gold Short term support is seen at 26200 and resistance at 27000. Intraday support can be found at 26500 with resistance at 26700 

MCX CrudeOil is continued today to trade sideways. In recent years, higher domestic production of light, tight crude oil in has led to a reduction in crude oil imports in US, according to EIA.

Crude Oil price today Support for short term is at 3700 and resistance at 3950. Intraday support is seen at 3780 with resistance of 3880

MCX Bullion Tips for Today : 10/06/2015 | Crude oil price Today

MCX Gold went through a lack lustre session of exchange yesterday. Costs need to show force over 26900 levels for the counter to rally towards 27025/ 27055 levels . Inability to do as such will see costs move lower towards 26800/ 26750 levels again. Gold settled up 0.27% at 26868 ended higher after the global sell-off in equity markets yesterday.

MCX Silver settled flat at 36863 holding steady on a softer dollar, but gains were limited as investors worried over a looming U.S.

MCX Bullion-

MCX Gold trading range for the day @ 26699-27011

Stop Loss 2 -26699

Stop Loss 1- 26784

R1 – 26940

R2 – 27011

MCX Silver trading range for the day @ 36536-37340

Stop Loss 2 - 36536

Stop Loss 1- 36699

R1 – 37101

R2 – 37340

MCX Energy-

MCX Crudeoil trading range for the day @ 3684-3950.

Stop Loss 2 - 3684

Stop Loss 1- 3769

R1 – 3902

R2 – 3950