29 Dec : MCX CrudeOil To Trade at Positive Note Today | Free Commodity Best Tips

MCX Crudeoil open on positive path as it may move in range of 2420-2550 in MCX, according to SMC Global. CRudeOil January contract has been trading up by 0.49 percent to 2459 level on Tuesday(11.23am) in MCX.

CrudeOil fell more than 3 percent on Monday, with global benchmark Brent back near 11-year lows as last week's short-covering dried up.

  

Free Commodity Best Tips :

Buy Nickel December in between 568-67.70, Stoploss 561.70, Target 575

BUY SILVER MARCH MCX ABOVE 33785, Stoploss BELOW 33010, Target 34190, 34595

Crude prices below $ 38, MCX Gold marginally Up | MCX Live Calls Today

Nymex and Brent crude on the global market is close to around 38 dollars. Nymex crude oil fell by 0.62 percent to $ 37.87 a barrel, trading at 0.45 per cent, with weakness and Brant crude is at 37.75 dollars a barrel. Because of the decline in the dollar gold has risen slightly.

Gold is marginally UP:

In the global market, MCX Gold is trading above 1076 dollars per ounce. While MCX Silver is up with 0.79 percent and is trading at 14.37 an ounce. Copper on the London Metal Exchange was trading at 0.63 percent.

Slight decline in domestic market :

MCX Gold in the domestic market declined marginally by 0.1 percent at Rs 25,200 trades. MCX Silver also fell 0.4 per cent to around 34,225 rupees looks. MCX crude oil is trading at Rs 2,520 slipped nearly 0.5 percent. But MCX Natural gas has reached 3.5 per cent at Rs 142.3.

MCX Live Calls Today :

Sell Nickel December in between 562.50-62 Stoploss 566.50 Target 556.50

Sell Soyoil January at current market price 619.1 Target 610.1 Stoploss 624.1 

Indian Gold imports to zoom to 1,000 tonnes | MCX Live Calls

In India  Prime Minister Narendra Modi has kicked off reforms to control India's historic love for gold, but that might not be sufficient to stop the inflow of gold into the country, at least for now.

All India Gems and Jewellery Trade Federation estimates that Gold imports by India would touch 1,000 tonnes in the 2015 calender year marking 11 per cent surge from the 900 tonnes of yellow metal India imported last year. The Federation says India's imports have already touched 850 tonnes during the period between January and September this year, beating the 650 tonnes from an year-ago period.

MCX Live Calls Today :

BUY LEAD DEC ABOVE 115.35 SL BELOW 113.70 TGT 116.40 - 117

SELL MCX GOLD at 25280, SL-25380, TGT- 1 / TGT- 2 - 25160/ 25120

MCX gold at Rs 25,000 per ten grams scaled down | Free MCX Live Calls Today

In the domestic market, MCX Gold futures prices today dropped from 25,000 level. The decline in gold with an increase in rates by the Federal Reserve to have seen a recovery in rupee.

MCX February gold contract fell by 2 per cent per ten gram level has risen to 24 965. While there Comaks Comaks Gold prices have declined 1.7 percent today. Given the pressure in gold than gold equity investors have increased investment in high-return assets. This decline is in gold.

With silver futures prices have also declined. MCX March silver contract fell 1.73 percent level reached 33 808 per kg while silver Comaks fell 1.57 percent to $ 14.02 an ounce reached. 

SMC Comtrade researchers Sandeep June after the Fed decision, investors are now turning to equity. While an increase in domestic demand is not expected gold prices also pressure is being witnessed.

Free MCX Live Calls Today:

SELL GOLD FEBRUARY MCX BELOW 25162, STOPLOSS ABOVE 25345 TARGET 25050, 24880

 

INTRADAY BUY ZINC - DECEMBER (MCX) @ 101.20, TARGET: 102.30, STOP-LOSS: 100.60

Gold - silver drop again, crude 11-year lows | Commodity MCX NCDEX Calls Today : 22 Dec

Crude in the international market as well as gold and silver prices have dropped continuously. MCX CrudeOil prices fell to the lowest level in 11 years. Over- supply growth, which led to the decline in crude Brent crude has risen close to $ 36. The dollar has declined sharply because of the sleep light. Comex price is closed at 1077 dollars per ounce.

Precious metals rose more than 1 percent on Monday as weaker than expected U.S. data and uncertainty about how fast the Federal Reserve will tighten interest rates next year weighed on the dollar.

SPDR Gold Trust GLD, the world’s largest gold-backed exchange traded fund, said its holdings stood at 645.94 down 2.97 tonnes, from previous business day.

GOLD & SILVER Drop:

The US dollar has returned strong gold sheen. Tuesday's trading session gold has dropped after two days of gains. The Comaks gold ounce has fallen to 0.30 per cent in 1077. However, silver fell 0.50 percent to $ 14.25 per ounce level.

Experts say that in the last two days of recovery in the gold price had climbed to 2.5 per cent, but the rebound in the dollar index, gold prices have again deepened. HSBC analyst James Steel said that the world's largest gold ETFs SPDR holdings on Friday bought 19 tonnes. Shopping is the biggest in two months. However, holdings of ETFs is still at 7-year lows.

Commodity MCX NCDEX Calls Today : 

BUY CRUDE OIL AT Current market price 2412, Stoploss 2377, Target 2465

BUY COPPER 315.10 TARGET 317.50 - 320 STOPLOSS 313

Agri commodities update : 21 Dec | NCDEX Tips Today

Agri Commodities :

Trend was firm in almost all the Commodity Market on Friday except NCDEX CHANA. NCDEX Soybean was the leading gainer amid strong global cues and reports of fresh export queries emerging for domestic soymeal.

NCDEX Mustard seed also strengthened tracking gains in soybean and limited arrivals, against poor selling intentions. Castor seed moved up amid gains in soybean and steady export demand castor oil.

NCDEX Jeera markets shot up amid poor selling interest coming at lower levels at major mandis and technical strongly oversold situation in futures.

NCDEX Turmeric futures ended firm on news of a possible crop damage due to recent rains in Tamil Nadu. Cotton complex and sugar prices were firm in line with the bullish fundamentals.

NCDEX Guar complex also ended lower amid reducing selling intentions at lower levels and steady demand in bye products of guar.

The biggest drop in 5 months Gold , Crude at 11 -year lows | MCX Free Tips Today

Commodity Market Updates :

The sharp fall in gold and silver prices in the international market is not taking a stop. MCX Gold prices were down 2 percent on Thursday Comaks was the biggest one-day fall in five months. However, on Nymex crude fell for the third straight week to its lowest level in 11 years has come.

Experts say that the US central bank Federal Reserve decision to raise interest rates, gold and silver as well as crude prices fall because of economic recovery in the US has intensified in the international market dollar index has reached the upper level of two weeks . Whose effect is to move the bullion market.

Gold: US interest rates rise, prices softened 

Rates in the US is rising sharply in the commodity. COMEX gold and silver fell 2 percent to 3 percent. On the Comex price is under $ 1055. MCX Gold prices fell 11 percent over the year.

Commodity experts say that gold prices and the major cause of the world's largest gold ETF SPDR Gold Trust holdings fell 0.70 percent to 630.17 tonnes.

MCX Free Tips Today :

BUY NICKEL DECEMBER IN BETWEEN 580-580.50 STOPLOSS 576.50 TARGET 587.50 CURRENT MARKET PRICE-581.20  

BUY SILVER MARCH MCX ABOVE 33355 ( AVERAGE ON DIPSA ROUND 32650) SL BELOW 32550 TGT 33850, 34200