Tuesday 30 July 2013

MCX NCDEX BULLION COMMODITY MARKET OUTLOOK 30 JULY 13

Bullions commodity are trading green and bullish in the domestic commodity market exchange As MCX Exchange. MCX commodities are trading in both sides and not showing any big moments in their commodities prices.

Gold Prices are green and bullish in the market and extends their profit. Gold Aug future contract has been trading in 28333 Rupees with having 56 points in price change. Gold Oct future contract has been trading in 27912 with 40 points profit.

Gold and silver Prices are moving ups and down unexpectedly. Silver price is showing moments and slightly moving in up trend in the market.

Silver prices are down at now and having loss of -17 points while sometime before it has been trading in profit. Silver prices are trading in 41145 with loss of -1 points at now.

Crude oil prices are also low at now and having loss of 6 pts and trading in 6245 Rupees in the MCX exchange. Crude Oil prices are going down side in the market and losing money price slightly. While Natural Gas prices are up by 0.10 pts and trading in 208.30 Rupees in the market.

Base metal segment, on the other hand, are trading in profit and all base metals prices are green and up. Copper prices are up by 0.30 while aluminium is up by 0.45 pts at now. Nickel is 2.80 points up and lead and zinc both is up by 0.45 Rupees.

Mentha oil prices are down and red as well cotton do. Mentha oil is down by 2.50 while cotton is red by 70 points down in the mcx market exchange.

SELL GOLD 28150 TARGETS 28050/27950/27800 STOP LOSS 28250

SELL SILVER 41000 TARGTES 40900/40800/40700 STOP LOSS 41100


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