Friday 5 April 2013

Gold and Silver Spot updates and NCDEX Calls


In Commodity MCX and NCDEX Market now a day’s Commodities prices are very fluctuate and looking in red mood but now seen at green side. In early trade all base metals looking in bearish side but Now, currently it is in buying side and traded very well in Commodity MCX Market.
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Other side if we talk about Precious metals likes Gold and Silver, both metals prices faces swing movement and shows music phase. For today Gold opens with 28786 points and has support at 28666.8 and resistance at 28985.6. Silver opening price for today is 50664 and has support at 50035.6 and resistance at 51410.8 points.

Today Cotton prices fluctuate or change continuously and in morning trade it shows positive performance but suddenly in mid of the day it jumps on Red gloom but currently at 3:20 it still in Negative side with some changing points.
In National Commodity Derivative Exchange Coriander in all Contracts (Apr, May, June, and July) shows positive prices, and traded now a day’s with good positions.

NCDEX Calls

SELL COTTON below 19190 TARGETS 19180, 19170, 19160 STOP LOSS 19220

BUY CHANA (Apr) above 3430 TARGETS 3440, 3455, 3470 STOP LOSS 3390


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