Friday 5 July 2013

COMMODITY MARKET SLIPPED AGAIN ON THURSDAY 04/07/13

MCX Gold had been slipped down and had red mark at 11:12 am while international Gold price is on high and showing profit. MCX Gold is trading in 26188 with low of 108 rupees.

Silver price change is red and showing loss in its price money, in the domestic market, due to international silver price change. MCX silver is decline by 318 rupees and trading price is 40671 at now.

International Crude oil is trading in profit and bullish while in domestic market crude has been trading in low of 24 points. Natural Gas is also showing loss in both markets. MCX natural gas is trading in 219.80 with loss of 1.20 rupees.

Copper and Nickel have been also trading in low of 4.05 and 5.00 rupees in the domestic market due to international commodity market price.

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Dollar is also looking to be strong and now its price is equal to 59.97 against Indian rupees.

Ncdex market, on the other hand, is trading both sides in the market with much volume. Wheat is trading in up trend at international market but in domestic market it is have a place in the top losers list.

Gur, Guarseed and Guar Gum is trading high and had highest profit in the NCDEX market exchange.

NSE Nifty & BSE Sensex have been trading in bullish trend and looking for more profit at now. Nifty Index price is up by 39.80 (0.69%) and Sensex price by 131.07 (0.68%).


Buy Gold Aug above 26240 Targets 26300/26400/26500 Stop Loss 26150

Sell Silver Jul below 40630 Targets 40550/40480/40400 Stop Loss 40700

Buy Crude Jul above 6100 Targets 6130/6150/6170 Stop Loss 6050

Buy Nickel Jul above 834 Targets 836/838/839 Stop Loss 832.80

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