Friday, May 06, 2016

MCX Gold Trend | MCX Gold Trend Today | MCX Tips for tommorow


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MCX Commodity Tips |Crude Oil Tips 


Gold imports declined by almost 10%  to 950 tonnes in the 2015-16 fiscal on poor domestic sales due to jewellers' strike and lack of global price parity. The world's largest gold consumer had purchased 1,050 tonnes of gold from the overseas market in the preceding year.The central banks of India and Iran finally  reached to an arrangement to use European banks for processing the oil payments that are due to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking USD 6.4 billion in stalled funds

Expert's Call-

SELL Silver MCX  with Entry  41320  at Target 40900 and   Stop Loss  41550    
BUY Lead MCX with Entry  115.90   Target  118   and  Stop Loss 114.75   

Wednesday, May 04, 2016

Silver Today Target | MCX Gold trend| Commodity tips|Commodity Market Update


Market Update

Oil prices stabilised after falling for two straight days on concerns that slowing demand and rising Middle East production would extend a global supply overhang. The slight price increases followed a more than 6 percent fall since the end of April that was triggered by rising output from the Middle East and renewed signs of economic slowdown in Asia.


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Expert's Call-

  • Buy Gold MCX   Entry 30090  at Target  30400 and Stop Loss 29939.
  • Sell Crude Oil MCX Entry 2915 at Target 2850 and Stop Loss 2948.
  • Sell Silver MCX Entry 41300  at Target  40900  Stop Loss 41600.

Tuesday, May 03, 2016

Commodity NEWS Today

Commodity Alert 

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Gold prices recovered by Rs 50 to Rs 30,250 per 10 grams at the bullion market today, tracking a firm trend overseas amid fresh buying by jewellers. However, silver remained under pressure and shed another Rs 100 to Rs 41,600 per kg.  Pick up in buying by jewellers to meet retailers' demand for the ongoing wedding season, also supported the upside, traders added. In the national capital, gold of 99.9 percent and 99.5 percent purity recovered by Rs 50 each to Rs 30,250 and Rs 30,100 per ten grams, respectively. It had shed Rs 100 in the previous session. 


BUY : Gold and Nickel 

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