Wednesday, April 10, 2013

MCX Tips Today - Gold & Crude Oil 10'April'13


MCX Tips today
MCX Gold Silver showing pressure due to strong Rupee. Nymex Crude oil has slipped below $ 94. London Metal Exchange Copper fell 0.3%.

Currently MCX Gold is trading at Rs 29 660 with flat. However, silver declined by 0.1% remains around Rs 52100. MCX crude oil slipped 0.3% has come down to Rs 5,120. Base Metals decline 0.3 to 0.2%. Copper is down 0.3% to Rs 413.50.

Gold June Futures Buy - 29620, stoploss - 29500 and the target - 29800

Crude oil April futures Buy - 5125, stoploss - 5100 and target - 5180

NCDEX Pepper is decline about 0.5% to Rs 35,800. Barley has weakened marginally by 0.2%. NCDEX Turmeric has reached nearly 2% higher at Rs 6950. Soybean with 1.5% up is trading around Rs 4075.