The Nifty50 December futures closed at 7,932.05 on Tuesday with a premium of 3.10 points over the spot closing of 7,928.95. It saw contraction of 2.40 million contracts, taking the total outstanding open interest (OI) to 12.69 million...
Read more here- Nifty Trend Today
Oil traded higher on Thursday on lower stocks of crude oil, data showed by Energy Information Administration. U.S. Unemployment claims fell more than expected last week, nearing a 42 year low as labor market conditions continued to tighten....
Read more here- MCX Crude Tips
Read more here- MCX Crude Tips
At NCDEX, soybean opened with positive note and it trade up side most part of the day. Later on 2 nd half soybean prices hits upper circuit due to lower arrivals in the mandis. Soybean closed at RS. 3783 with gain of RS. 128 per quintal which is approx 3.5% up against its previous day. Buy above 3810 is recommended for today’s trading session. It holds a strong support near 3770...
Read more here- NCDEX Trading Strategies
Read more here- NCDEX Trading Strategies
ICICI Bank
ICICI Bank is on our preferred buying shares. Buy ICICI Bank with a target of Rs 400. We say that ICICI Bank has better valuation then other private banks. NPA of ICICI Bank is declining rapidly. ICICI Bank will get benefit from increased credit growth...
Get more Buzzing Stocks here- Buzzing Stocks Picks To Buy
There is a downfall has been seen in India's Bullion import in November. As per the Data released by the Union Commerce Ministry, nearly 354 million dollars of gold was import in November which is 3648 percent less compared to November 2014. In November 2014 India's Gold import was about 557.28 million dollars.
Read more here- Gold Silver Import Fell in November
Read more here- Gold Silver Import Fell in November
The Union Cabinet has approved the Real Estate (Regulation & Development) Bill, 2015. The Bill will now be taken up for consideration and passing by the Parliament. In a statement the government said the Bill will provide uniform regulatory environment to ensure speedy adjudication of disputes and orderly growth of the real estate sector.
"It will boost domestic and foreign investment in the real estate sector and help achieve the objective of Government of India to provide 'Housing for All' by enhanced private participation."
Read full article here - Nine Ways in which Real Estate Bill will Help Homebuyers
"It will boost domestic and foreign investment in the real estate sector and help achieve the objective of Government of India to provide 'Housing for All' by enhanced private participation."
Read full article here - Nine Ways in which Real Estate Bill will Help Homebuyers
Stock market is down fron last one month but still there is some small cap stocks which have doubled their prices during this decline. Sensex and Nifty have declined by more than two percent in past one month. Whereas, Mangalam Drugs, ALLSEC Treknoloji, Majesco, JMT Auto, Alpa Laboratories stocks have climbed upto 140 percent...
Read more here- Stocks To Buy
Read more here- Stocks To Buy
In line with market expectations, RBI governor Raghuram Rajan on Tuesday kept the repo rate unchanged at 6.75%. "The Reserve Bank will use the space for further accommodation, when available, while keeping the economy anchored to the projected disinflation path that should take inflation down to 5 per cent by March 2017," Rajan said......
Read more here- RBI Keeps Repo Rate Unchanged at 6.75%
Read more here- RBI Keeps Repo Rate Unchanged at 6.75%
The meeting regarding Crude oil production of OPEC (Crude oil supplier nations organization which provides more then 40% to the world.) is been scheduled this week, due to this meeting there is a slight recovery has been seen in Crude Oil. NYMEX crude oil is trading at $ 41.90 per barrel with a marginal gain. The decline in foreign exchange may also affect the domestic market and might lift up the current crude price on MCX. Last season, MCX crude oil closed at Rs 2,821 per barrel declined by nearly one per cent.
Read more here-
Crude Oil Updates
Read more here-
Crude Oil Updates
Gold Updates: US Interest Rates are likely to Grow
As far as the US central bank Federal Reserve meeting time regarding US interest rate decision draws nearer in 2015, gold prices are falling. Gold prices again touched its 6 year low on monday. COMEX gold has touched $ 1066 per ounce. Last week the Gold price had touched a low of 1,064 an ounce which was the lowest in nearly 6 years....
Read more here -MCX Tips
Gold Updates and News
Fed officials on Wednesday continued to flag December as a likely time for interest rates to rise after seven years near zero, with two expressing confidence they will be able to pull off a rate hike smoothly despite fears of an abrupt market reaction....
Read more here- Commodity Updates: Gold News Today
Fed officials on Wednesday continued to flag December as a likely time for interest rates to rise after seven years near zero, with two expressing confidence they will be able to pull off a rate hike smoothly despite fears of an abrupt market reaction....
Read more here- Commodity Updates: Gold News Today
Crude oil prices are getting some support on global market due to fall in crude oil stock of US World's largest consumer of crude oil. Crude oil trading near $ 41 per barrel with a marginal gain of 30 cents on NYMEX. This recovery of global market may led in domestic market too. Crude oil could be gained on MCX. Although Crude prices fell from their intraday resistance of 2800...
Read more here- Economic Data Release: US Crude Stocks Declined
Read more here- Economic Data Release: US Crude Stocks Declined
The rapid growth in foreign markets can be seen on the domestic market too. It is expected the MCX Gold will be in buying bucket for the whole week as it started the week with a lead today. MCX Gold is trading with a hike of 300 points at 25672. Gold gained in the intraday trades ending Monday. The session saw Gold closing....
Read more here- Commodity Trend
Read more here- Commodity Trend
Precious metals fell to a seven-week low on Thursday as the dollar hit a three-month high, and looked vulnerable to further losses after Federal Reserve officials left the door open to a U.S. interest rate rise in December.
SPDR Gold Trust GLD, the world's largest gold backed exchange traded fund, said its holdings stood at 671.77 down 8.34 tonnes, from previous business day, falling to a consecutive third day.
Gold gained in the intraday trades ending Thursday. The session saw Gold closing at Rs 25831 per 10 grams on 5 November 2015 against Rs 25771 on 4 November 2015. Resistance for Gold is towards Rs 26000 and Rs 26100....
Read more here- MCX Bullion Tips
SPDR Gold Trust GLD, the world's largest gold backed exchange traded fund, said its holdings stood at 671.77 down 8.34 tonnes, from previous business day, falling to a consecutive third day.
Gold gained in the intraday trades ending Thursday. The session saw Gold closing at Rs 25831 per 10 grams on 5 November 2015 against Rs 25771 on 4 November 2015. Resistance for Gold is towards Rs 26000 and Rs 26100....
Read more here- MCX Bullion Tips
The demand of crude oil has been seen crash in China the Largest consumer of Crude Oil after United States, and impact of this has been seen in crude price also. Crude oil is now trading at $ 46.35 per barrel on Global Market....
MCX Crude Oil Tips
MCX Crude Oil Tips
Ace investor Rakesh Jhunjhunwala today picked up 1.05 per cent stake in Jet Airways for Rs 50.52 crore through an open market transaction.
According to the bulk deals data available with NSE, Rakesh Jhunjhunwala’s RARE Enterprises acquired 11,95,000 shares or 1.05 per cent stake in the private airline.
Read more here - Stock Tips
Domestic markets opened in green but weakness can be seen due to expiry day. Asian markets are in positive spirit encouraged by a stronger finish on Wall Street following the Fed's decision to leave interest rates near zero....
Read more here- MCX Gold Call: Buy For Intraday Today
Crude and Copper Updates Today | Stock Tips and Updates, Commodity Tips, Nifty MCX NCDEX Calls, Share Market Trend
Crude Oil Updates Today
Prices of Crude Oil lost in the session ending Monday. On MCX benchmark contract ended at Rs 2877 per barrel on 26 October 2015 against Rs 2927 per
barrel on 23 Oct 2015. Open interest gained during session ending Monday....
Read more here- Crude Updates
Soybean Nov Future prices at NCDEX opened positive on Friday and traded up for most part of the day. However by end of the session the prices settled negative witnessing profit booking. NCDEX soybean November futures ended the trade at Rs. 3994....
Read full Story here- NCDEX Live Tips
Read full Story here- NCDEX Live Tips
Copper Updates
Copper gained on session ending Tuesday though the gains were only marginal. Copper ended the day at Rs 342.50. On Wednesday trading gains are expected to get resisted at Rs 344 and 346 per kg. Supports for Copper are at Rs 34 and Rs 338 per kg. The high for Copper Wednesday was at Rs 344.25 per kg, and a low of Rs 339.85 per kg was tested. Open interest was at 19241. For Today’s trading session follow the strategy sell on high.
MCX Gold Call:
Gold gained in the intraday trades ending Tuesday. The session saw Gold closing at Rs 27112 per 10 grams. Resistance for Gold is towards Rs 27180 and Rs 27200. Support in Gold towards Rs 26900 is active...
Read more here- MCX Intraday Gold Call
Copper gained on session ending Tuesday though the gains were only marginal. Copper ended the day at Rs 342.50. On Wednesday trading gains are expected to get resisted at Rs 344 and 346 per kg. Supports for Copper are at Rs 34 and Rs 338 per kg. The high for Copper Wednesday was at Rs 344.25 per kg, and a low of Rs 339.85 per kg was tested. Open interest was at 19241. For Today’s trading session follow the strategy sell on high.
MCX Gold Call:
Gold gained in the intraday trades ending Tuesday. The session saw Gold closing at Rs 27112 per 10 grams. Resistance for Gold is towards Rs 27180 and Rs 27200. Support in Gold towards Rs 26900 is active...
Read more here- MCX Intraday Gold Call
NCDEX jeera November futures failed to recovered and declined upto Rs 16150 per quintal on Friday’s trading session. If the jeera prices breach the near support of 16100 then we can expect further fall in prices in today’s trading session and prices will move towards 15800/15500 in this week....
Get NCDEX Call For Today here- NCDEX Call Today: Sell Jeera For Intraday
Get NCDEX Call For Today here- NCDEX Call Today: Sell Jeera For Intraday
Market edged higher in a range bound trade as stimulus hopes in China and Japan in the wake of recent weak economic data offset disappointment from the latest batch of corporate earnings of India Inc. The Sensex gained 135.09 points or 0.49% to settle at 27,214.60. The Nifty rose 48.45 points or 0.59% to settle at 8,238.15.....
Read more here- Stock To Buy
Gold futures traded zig zag on Thursday on soft US inflation data give continuation to uptrend and good unemployment claims pressurized from its resistances...
Get MCX Call For Today here- Commodity Updates: MCX Call For Today
Get MCX Call For Today here- Commodity Updates: MCX Call For Today
MCX Gold gained in the intraday trades ending Tuesday. The session saw Gold closing at Rs 26979 per 10 grams. Resistance for Gold is towards Rs 27000 and Rs. 26600. Support in Gold towards Rs 26500 is active. Gold price tested a high of Rs 27026 per 10 grams...
Read more here- MCX Commodity Report and Updates Today
The state Department of Agriculture has targeted about 28.60 lakh hectares during rabi gram cultivation this year, while in previous year it was 28.53 lakh hectares cultivated grains produced....
Read more here- NCDEX Calls: Pinnacle Financial Expert View on Chana
Read more here- NCDEX Calls: Pinnacle Financial Expert View on Chana
Gold, silver and crude prices still continues streak in the international market. The boom in the domestic market is also being witnessed. MCX Gold and silver are traded with a gain of half per cent.Gold traded higher on Monday and silver closed higher after hit 6% upper circuit on MCX....
Read more here- Commodity Updates Today: 6th October
Read more here- Commodity Updates Today: 6th October
MCX Mentha oil futures prices traded in a range but at the end of day it closed positive by taking cues from spot market, which was almost same in comparison to previous day. In spot market no major activity was observed....
Read more here- NCDEX Agri Commodity Updates Today
Read more here- NCDEX Agri Commodity Updates Today
After India the world's second largest gold consumer China dominated the economic slowdown and because of this demand for gold has been increased.
China's Central Bank has increased its gold reserves to 16 tonnes during August due to the economic slowdown....
Read more here- MCX Gold Call: Go For Buy in Short Term
China's Central Bank has increased its gold reserves to 16 tonnes during August due to the economic slowdown....
Read more here- MCX Gold Call: Go For Buy in Short Term
Commodity Trend and Copper Updates Today | Stock Tips and Updates, Commodity Tips, Nifty MCX NCDEX Calls, Share Market Trend
MCX Bullion Updates:
Gold lost in the intraday trades ending Tuesday. The session saw Gold closing at Rs 26243 per 10 grams on 29 September 2015 against Rs 26504 on 28 September 2015. Resistance for Gold is towards Rs 26600 and Rs 26650...
Read more here- Commodity Trend and Copper Updates Today
Gold lost in the intraday trades ending Tuesday. The session saw Gold closing at Rs 26243 per 10 grams on 29 September 2015 against Rs 26504 on 28 September 2015. Resistance for Gold is towards Rs 26600 and Rs 26650...
Read more here- Commodity Trend and Copper Updates Today
The slowdown in China and Europe has created fears of a shortage in demand of crude oil, perhaps this is why crude oil prices being under pressure on the foreign market even after less drilling in the US. On Monday, crude oil is trading near $ 45 a barrel with a fall of about one per cent on Global Market....
Read more here- Crude Updates, Calls : Sell on High Levels for This Week
Read more here- Crude Updates, Calls : Sell on High Levels for This Week
The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty clocked small gains. The Sensex rose 40.51 points or 0.16% to settle at 25,863.50. The Nifty rose 22.55 points or 0.29% to settle at 7,868.50. IT stocks edged higher on weak rupee. Bank stocks ended on a mixed note after seeing
intraday volatility...
Read more here-Stock Market Tips and Weekly Updates
intraday volatility...
Read more here-Stock Market Tips and Weekly Updates
SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund, said its holdings stood at 676.40 up 0.60 tonnes from previous business day. Gold gained in the intraday trades ending Wednesday....
Read more here- Economic Data and Commodity Tips Today
Read more here- Economic Data and Commodity Tips Today
Chana futures are expected to trade on negative direction due to reports of higher arrivals in major spot markets which keeps the prices down. Chana opened flat in yesterday’s trading session but prices could not sustain above pervious day closing and fell sharply in the later trading session...
Read more here- NCDEX Call: Chana, Turmeric and Jeera Trend Today
After the decisions of Fed's not to increase the interest rates, Sensex and Nifty are trading with a gain of 2 per cent. Sensex is up with 500 points and Nifty has crossed 8050 level up by 150 points. Market experts say that the market is now depend on RBI Governor Raghuram Rajan's decision....
Read more here-Sensex, Nifty and Rupee Bullish For Today
Read more here-Sensex, Nifty and Rupee Bullish For Today
US Central Bank, the Federal Reserve's decision on interest rates will come out before Thursday night but market experts are guessing that it would not raise in interest rates. Perhaps that is why gold prices have again become increasingly dominant. On wednesday after rising to $ 17 in Global markets gold prices....
Read more here- US Inflation Data Supporting Gold Price
Read more here- US Inflation Data Supporting Gold Price
US Dollar index turned higher even after retail sales data disappointed, Gold stayed on lower levels on Tuesday. The data did not put the effect on US Dollar as interest hike expectation in FOMC meeting awaited turned bullish for dollar...
Read more here- MCX Gold Calls Today, Commodity Updates
Read more here- MCX Gold Calls Today, Commodity Updates
Global markets have continued to sell trend. Emerging markets have seen a large sell-off due to China's economic slowdown. During the year, including India emerging markets return have moved into negative zone....
Read more here- China Index Perform in Selloff: Global Market Updates
A Rapid uptrend effect of last hour of the last trading session is being witnessed in today's trading session also. Sensex and Nifty has started today's trading with a lead of 1 per cent....
Read more here- Equity Updates: Top Stocks To Buy Today
Read more here- Equity Updates: Top Stocks To Buy Today
Copper Updates: Bullions on a Flat Note Today | Stock Tips and Updates|Commodity Tips Today|Nifty MCX NCDEX News|Share Market Trend
London listed Glencore mine, planned to suspend 400,000 tonnes of output of copper at African mines over the next 18 months. Crude Oil inventory report will be released on Thursday due to Monday's Labor Day holiday.....
Read more here-Copper Updates: Bullions on a Flat Note Today
Base metals segment fell down on Monday on sluggish demand for most of the base metals. Though trade balance data released today’s morning showed an increase in import. Trade balance data came more than expected.....
Read more here- Commodity Face: Saudi Arabia is to Increase Production
Read more here- Commodity Face: Saudi Arabia is to Increase Production
Copper futures traded higher and touch highest level of more than three weeks on Thursday, as investors exited their short positions on some stock market recovery. The European Central Bank indicated it could prolong its stimulus program also supporting base metals...
Read more here- Copper Updates: Base Metal Trend Today
Read more here- Copper Updates: Base Metal Trend Today
Copper recovered and continued it’s previous sessions gains on short covering as china’s equity shows some positive moment. Gold traded on lower note on European policy maker meeting and on us unemployment data ahead. Investor’s concern on fed interest rate increased this month also pressurized gold from highs....
Read more here- Base Metals and Energy Updates: Sell Bullions Today
Read more here- Base Metals and Energy Updates: Sell Bullions Today
The movement in crude oil prices during the last 5 days in intraday trading has made a big problem for traders. Crude Oil prices are drastically declining, Intraday trend is dominating after one-sided gain in first three days...
Read more here- Crude Oil Updates: US Crude Stocks Expected To Rise
Read more here- Crude Oil Updates: US Crude Stocks Expected To Rise
Crude Oil prices surged by 9 percent on Monday, after that the foreign market is witnessing once again dominated the fall today. On Tuesday, NYMEX crude oil fell by nearly 3 percent and trading down to $ 47.50 a barrel. On Monday, crude oil in the domestic market rose by Rs 225 and closed at Rs 3,230.
Read more here- Crude Updates Today
Read more here- Crude Updates Today
During the past week, gold dropped by Rs 725 and settled at 26700. Silver also dropped by Rs 1800 to Rs 34800 per kg. There is a slowdown in overseas prices in both commodities. According to information received from London, spot gold fell 25.01 dollars and set at 1133.30 dollars per ounce. It was biggest decline in last five weeks and and third biggest of this year's.....
Read more here- Commodity Tips: Pressure on Gold for Short Term
Read more here- Commodity Tips: Pressure on Gold for Short Term
Fresh buying seen in Jeera from it support. Jeera prices current profit booking would continue till 15525 levels. But major selloffs might witness below 15200 regions. Supporting a short term correction is indeed. However, if prices retreated and managed to close above 15850..
Read more here- NCDEX Call: Fresh Buying in NCDEX Jeera from Support
Crude oil prices have got some positive support due to the Decline in stock of Crude oil in US the world's largest consumer of crude oil and because of this the price is moving again towards $ 40 a barrel.
Read more here- Declined US Crude Stock may Set a Bullish Crude Trend
Read more here- Declined US Crude Stock may Set a Bullish Crude Trend
Crude Oil shown some strength in early trading today and has seen some recovery in Global Market after the sharp fall in prices on Monday. The International Crude oil prices touched a low of 37.75 dollars per barrel on Wednesday, which was the lowest level since March 2009.
Read more here- Crude Oil Updates: Commodity Trading Tips Today | Pinnacle Financial Services
Read more here- Crude Oil Updates: Commodity Trading Tips Today | Pinnacle Financial Services
Indian stock market witnessed a sharp decline on the first day of trading of this week today. On the Opening bell of Indian Equity market sensex fell to 1000 points.
This is the largest decline in the index since June 16. while Nifty fell below 8000 levels and declined by over 250 points. Rupee also has gone beyond 66 against the US dollar...
Read more-
Sensex Fell 1000 Points, Nifty Below 8000: Stock Tips Today | Pinnacle Financial Services
Gold prices have reached across 27000 level again on MCX in Domestic Markets due to surge in global market. Gold is now more safe investment because of strong decline in manufacturing process of China which is six and half years low along with a sharp decline in Indian Equity Market. Crude oil is still in bear trend and prices are continue to fall.
Read more here- Bullion Updates: Trade In MCX Gold Tips Today | Pinnacle Financial Services
Read more here- Bullion Updates: Trade In MCX Gold Tips Today | Pinnacle Financial Services
Gold-Silver, Crude oil and Base Metals have started today's session with a weaken trend in domestic market minutes before of the Fed Meeting. Minutes of the meeting of the US Federal held in July will be released today. It may come to know that from when the increased interest rates will start from. The oil and oilseeds futures is trading with bear trend. While a sharp bull trend is seen in NCDEX Chana...
Read more here- NCDEX Agri Commodity on a Role Today: Commodity Tips | Pinnacle Financial Services
Get More NCDEX Commodity Tips with High Accuracy For Free. Just Fill The Trial Form.
Read more here- NCDEX Agri Commodity on a Role Today: Commodity Tips | Pinnacle Financial Services
Get More NCDEX Commodity Tips with High Accuracy For Free. Just Fill The Trial Form.
Gold prices in the international market has reached the upper level of last three months. Due to this MCX Gold open with marginal gain. However, MCX Silver is trading in red due to strength in the dollar. On the other side a strong decline has been seen in crude oil prices. While in Base Metals are trading with a bull trend except Nickel. In Global Markets German Chancellor confident the IMF will join third bailout.
Read more here- MCX Calls Today: Crude Oil Declined Sharply | Pinnacle Financial Services
Follow us @ MCX Intraday Tips For More Tips and suggestions.
Read more here- MCX Calls Today: Crude Oil Declined Sharply | Pinnacle Financial Services
Follow us @ MCX Intraday Tips For More Tips and suggestions.
Pinnacle Financial Services bring top 3 potential Stocks to deliver good returns even in volatile markets because most of the times retail investors miss big returns in volatile markets. Here we bring the top3 stocks which can give you high return in Long Term Investment. Here these are-
Stock Tips Long Term: Top Stocks To Buy Today | Pinnacle Financial Services
Stock Tips Long Term: Top Stocks To Buy Today | Pinnacle Financial Services
To Get Intraday Tips Please Fill The Free Trial Form on the Page
Indian markets have been strong start to the last day of the week. Sensex and Nifty are trading with nearly half a per cent. Market experts point out that international markets have increasingly resorted to the Indian market. The results after several stocks is to get big gains.
Read more here- Stock Intraday Tips Today: Nifty Trend Support at 8350 | Pinnacle Financial Services
Read more here- Stock Intraday Tips Today: Nifty Trend Support at 8350 | Pinnacle Financial Services
Commodity Face: NCDEX Jeera futures are seen exchanging higher because of pickup in demand in the spot market against tight supplies.Jeera price on NCDEX Platfrom settled up by 2.17% at 15505.
According To The Live Market Analysis NCDEX Jeera has strong support at 15175 and strong resistance at 15730. Range bound movement is expected for the day.
SELL JEERA BELOW 15050 TARGETS 15010/14950/14850 SL 15110.
Crude Oil producing countries organization OPEC which is almost 40 percent oil supplyer of Today consumption of Crude oil has said the production of crude oil will not be decreased whether the price will decline...
Read Full Trading suggestion for Crude Oil here- MCX Crude Oil Call: Sell Off Trend Today | Pinnacle Financial Services
Feel Free To Check out our Stock Intraday Tips Page to Get Free Stock Tips and Daily Intraday Tips
Read Full Trading suggestion for Crude Oil here- MCX Crude Oil Call: Sell Off Trend Today | Pinnacle Financial Services
Feel Free To Check out our Stock Intraday Tips Page to Get Free Stock Tips and Daily Intraday Tips
China's Central Bank has cut 1.9 per cent of Yuan reference rate after which a heavy decline has been seen in Yuan and right now it is trading at $ 6.29 down by almost 1.5 percent.
Read Full story here- MCX Commodity Tips: Base Metal Trend, China Updates
Get more about MCX Tips Please Register Your Mobile No. Via Filling Trial Form For Free.
Read Full story here- MCX Commodity Tips: Base Metal Trend, China Updates
Get more about MCX Tips Please Register Your Mobile No. Via Filling Trial Form For Free.
In Indian Commodity Market MCX Gold price was set to continuous decline in today trading session as a weak global market trend.
Gold price dipped 0.21 per cent to Rs. 24,950 per ten grams at the futures trade today.
On the Multi Commodity Exchange,Yellow Metal delivery in December declined Rs. 53 or 0.21 per cent to Rs. 24,950 per ten grams in a business turnover of 2 lots.
MCX Gold tips today
Sell Mcx Gold oct:@ 24855
Target at 24730/24670
SL at: 24950
The Down trend in Crude oil is unstoppable right now. International and
Domestic crude oil prices have dipped to a low of around 20 weeks. On
Wednesday Crude Oil price have touched a low of $ 44.83 dollars per
barrel in the overseas market which is lowest level since March 18.
In-spite of this down trend in Crude in International market selling
pressure took place in Domestic market also. On MCX, Crude oil has got
the level of 2873 Rs. per barrel.
MCX Crude Oil Trend
Although US Crude Oil stocks decreased
but in stock of gasoline has a rise which is used as a fuel in US. The
US Energy Department said US gasoline stocks increased $ 8.11 million
barrels in last week.
The Bounce come back in commodities market as weaker dollar and a rally in Chinese equities helped commodities post gain in today sessions.Crude oil prices recover in Asia today.
Crude oil gains on short covering amid helped by a stock market rally in China Oil markets paused for a breather. in the international market crude for September delivery gained 31 cents to $46.05, while Brent crude for September delivery was up 31 cents at $50.30 in late-morning trade.
MCX /NCDEX Tips Today
Mcx Crude oil (Aug)
Resistance : 2957/2978
support:2916/2896
Jeera futures are expected to continue their negative trend in today trading sessions.NCDEX Jeera price settled up by 0.55% at 15470.Reduced buying interests from stockists are likely to keep jeera prices under pressure during the day.
According to derivative analysis, prices and volumes have increased while open interest has declined. It is an indication that shorter time frame traders attempt to trade from both sides of the market but liquidating before end of day.
Therefore, looking at the overall factors we recommend remaining on the selling side in today’s trading session.
NCDEX Chana prices extended sharp bounce back In today commodity face.Chana August contract is likely to trade bullish with positive bias taking cues from spot market.
NCDEX Chana futures are expected to trade in a mixed note for short term and sideways for intraday.NCDEX Chana August contract was seen trading up 0.11% to 4613 level on Thursday.
NCDEX Tips For Today
Buy NCDEX Chana Aug @ 4580
Target at 4655
SL at -4535
NCDEX Jeera Aug@16640
Target at 16750/16800
SL at 16575
NCDEX Turmeric August contract may continues to trade downside trade for both short term and intraday support.
NCDEX Turmeric August contract has been moving up by 1.27 per cent to 6854 level on Wednesday.Short term support for NCDEX Turmeric August contract is seen at 6400 and resistance at 7500.
Intraday NCDEX MCX Tips
BUY NCDEX Turmeric August@6820
Target at 6900/6920
SL at 6750
In the early Asian trend crude oil price settled down 0.61% at 3079.Oil prices fell close to four month lows after stock market sell-offs on both sides.
Brent for September delivery dropped 53 cents to $52.94 as of 0240 GMT after falling $1.15, or 2 percent, in the previous session
U.S. crude for September delivery dropped 35 cents to $47.04 a barrel after ending the previous session down 75 cents.
MCX Gold and Crude Oil Tips Fop Today
Sell MCX GOld @25000 Target 24800 stoploss 25150
Sell MCX crude oil @ Rs 3230, Target 3120 and 3300 stoploss
Gold Price climbed likely higher on today as a weaker dollar.MCX Gold turned positive on Friday closing at Rs.24730 and has been trading with large gain in the morning session today.Spot Gold has recovered from its low of $1077 and is currently trading near $1100.
MCX Silver was the weakest performer amongst the precious metals closing lower at Rs.33702.Short term bias for the metal remains weak and rallies towards resistance could be used as good selling opportunity.
MCX Gold Silver tips
MCX Gold Intraday pullback looks to continue as long as Rs.24790 – 24660 is held on downside. Intraday resistances are pegged at Rs.25050 - 25170. For short term, selling near resistance is still advised.
MCX Silver Intraday resistance for the counter is at Rs.34180 – 34350- 34460.he metal could test Rs.33670- 33540 - 33230 on the downside.
MCX Gold Price In this Week slump hitting a five-year low despite economic uncertainty in some regions.the gold price declined in the first half of 2015 which surprised the market.
Current market risks seem to be contained to either a sector or a region we believe that the gold price already reflects a possible rate hike later this year and that the US-centred perspective is missing a more comprehensive view of the market.
MCX Gold ended weak on Wednesday and could remain range bound to weak on Thursday.COMEX Gold could remain range bound to weak However, a weaker Dollar on Thursday could limit downside.Key support now is at 1086.0. Key resistance is at 1108.
Sell MCX GOld (Aug) @ 24800
Target at-24650/24482
SL at-24950
NCDEX Jeera price trading down as per decline in export demand put pressure on prices.Jeera settled down -1.42% at 15930 due to higher supply.
Weekly Price Performance Of NCDEX Jeera
NCDEX Jeera price corrected last week as due to reduced demand at higher price on quality issues in the stocks arrived for trade.As per Jeera Aug contract closed down 2.7 per cent compared to last week and close at Rs 15930 per quinta.
NCDEX Jeera prices are expected to trade sideways to positive on anticipation ofrising export demand coupled with falling arrivals in the mandis due to lower productionmay kept supporting prices at higher level.
SELL NCDEX JEERA AUG @16250
SL–16600,
TARGET–15600/15500
Today NCDEX jeera future prices are expected to trade on a downside note during the morning deal as per today commodity market outlook pinnacle expert said NCDEX Jeera July contract may trade sideways for short term and intraday.
NCDEX Jeera July contract was trading down by 0.34% to 16150 levels on Wednesday.overall trend is still positive amid limited supplies coming to spot market which might support prices to recover.
Jeera NCDEX( Aug)Sell at @16380-16400
TP 16230/16130
SL 16560
MCX Bullion intraday Strategy
Support forG MCX GOLD AUG. Delivery is seen at support 25936 and 258045 levels while resistance is seen 26114 and 26290 levels.
Support for MCX SILVER SEP. Delivery is seen at support 35159 and 34710 levels while resistance is seen 35901 and 36320 levels.
MCX BASE METAL intraday strategy
Support for MCX COPPER AUG.. Delivery is seen at support 357 and 353 levels while resistance is seen 363 and 366 levels.
MCX ENERGY intraday strategy
Support for MCX CRUDE JULY. Delivery is seen at support 3312 and 3270 levels while resistance is seen 3392 and 3430 levels.
Gold likely to trade lower on Greece struck a bailout deal with its creditors hence ensuring that Greece would not fall out of eurozone the asian market ended positive while US stock futures are trading in the green.
Spot gold prices are trading lower by 0.75 percent at $1155.59/oz while MCX gold futures is trading lower by 0.25 percent at Rs.25997/10 gms.
Spot silver prices are trading lower by 0.95 percent at $15.44/oz. MCX silver prices are trading lower by 0.45 percent at Rs.35460/kg. Weak gold prices, coupled with stronger dollar exerted downside pressure on silver prices.
Gold-silver Calls For Today
Buy Gold @26300 TP@26450 SL@26200
Buy Silver @ 35800 TP 36300 at SL35500
Friday Commodities July Base metal prices may trade on lower note as Greece factor however a temporary respite to prices will be provided by recovery in Chinese markets.
As per Friday market outlook MCX copper price will likely to trade with bearish note as weakness in global demand will exert pressure on price.
MCX Copper has strong short term support near Rs.356.50 - 354.70 - 351.50 - 348.50 level whereas strong intraday resistances are placed at Rs.360 - 364.50 - 366.50. As long as above Rs.351.50.
MCX Nickel has key supports at Rs.712 - 704 - 690 - 682 whereas Rs.737- 745 - 760 may act as strong resistances. Buying on dips is advisable as long as Rs.690-704 zone is held on the downside.
MCX Lead has strong short term resistance near Rs.115.20 - 116 - 116.60 whereas supports are placed at Rs.113.50 - 112.60 - 112.20 - 111 levels. Pullback towards resistance zone is expected for the session. Break below 113.50 would be bearish for the pair.
The big sell-off in commodities on Wednesday over a Greek debt and a sharp fall in China's capital markets.China's stock market is in the pennic sentiment.
China, the biggest hit of the fall in the markets has had on commodity markets. International gold-silver and base metals, crude is heavy selling.Oil futures fell again on Wednesday.
MCX crude oil trade in Bearish note.MCX Crude Oil July contract has been trading down by 0.64 per cent to 3285 levels.U.S. crude futures were down 15 cents at $52.18 per barrel.
Sell mcx crude oil july @3300
target-3240
SL-3360
Bullion counter may open in the flat note After Getting slower weak signal and the sharp fall in the international market affected the domestic commodity market on Tuesday.
In the today session oil market led to decline including gold-silver and base metal.At the MCX, Gold futures for August 2015 contract is trading at Rs 26,243 per 10 gram, down by 0.32 per cent after opening at Rs 26,276
In additional crude oil also trade in negative bias.At the MCX, Crude oil futures, for the July 2015 contract, is trading at Rs 3,366 per barrel, down by 0.53 per cent, after opening at Rs 3,370,
Today Gold-silver,Crude Levels
MCX Silver September contract to trade with positive bias, good support at 35700.
Gold Aug MCX Trend - Sideways : Resistance 26426, Support 26259
Crude Oil July MCX Trend - Bullish in trend : Resistance 3462 , Support 3355
Commodity face
NCDEX Refined soya August contact was trading in a bearish sentiment.As per today outlook currently prices did not sustain at higher levels.
Looking at today weak chart formation,we recommend selling in NCDEX Ref soyoil Aug contract.
NCDEX Ref Soy Oil Tips Today
Sell NCDEX Ref Soy Oil Aug between 585-590, SL-610, Target–
550 / 530
Commodity Plus
India commodity Agri Market Trading with very high volatility on wednesday's.Cabinet meeting next week to discuss price rise issues could prevent Agri prices from shooting up a lot in the near term.
NCDEX Turmeric performing its uptrend settled up by 0.17% at 7060 following rising demand against restricted arrivals from major producing belts. NCDEX Chana settled up by 1.35% at 4353 on account of good demand at the spot market.
NCDEX Soyabean trend on sideway note.NCDEX Soybean August futures were seen trading down by -0.74 per cent to 3617 levels on Thursday.Short term support is seen at 3520 and resistance at 3750. Intraday support is visible at 3590 3600 with a resistance of 3640.
Live NCDEX India Tips
Sell NCDEX Chana(Aug)@4380
Target at-4460/4480
SL at-4360
Buy NCDEX Turmeric(Aug)@7250
Target at-7350/7400
SL at-7190
Subscribe to:
Posts (Atom)
