Thursday 13 June 2013

COMMODITY MARKET UPDATES AND CRUDE COPPER LIVE CALLS TODAY 13 JUNE 13

Today commodity market open with a positive trend, correction in dollar or weak rupees help Indian commodity to up in top script. Rupees weak again on opens of Thursday trading morning which result to fall in stock market, both nifty and Sensex are trading in downside.

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At MCX bullion are up due to increment in dollar price, gold price open at with an increment note at 28000  against its  yesterday closing  of 27952.  In today trade yellow metal is looking to trade in green side with a higher sharp edge.  Silver on intraday trade also follows the same trend and gain early lead on Thursday trading for active delivery.  In today trade silver is expected to move on higher side with a green flag.
Base metal watching in green side today at Multi commodity exchange, MCX copper, nickel, lead, zinc and aluminum all are up side in small jumps.  At multi commodity exchange all metal are looking in good positive mood and expected a good trend today at domestic market.
In energies volatile movement are watched on early trade, today crude for June delivery open at bit downside at 5551 against its last close at 5560 , but a good recovery had seen in early morning  on Thursday and expected to trade with  same trend in today session. MCX mentha oil are open in negative side at 985, today mentha oil are looking in volatile nature for whole day.
BUY GOLD AUGUST ABOVE 28100 TGT 28150, 28200, 28300 SL 27800
BUY SILVER JULY 43800 TGT 43900, 44000, 44100 SL 43500
BUY COPPER JUNE ABOVE 415.55 TGT 416, 418, 420  SL 410
BUY LEAD JUNE ABOVE 123.50 TGT 123.80, 124.50, 125 SL 121

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