Evening Commodity Market Updates for 9th April 2013

Commodity Market Updates :

Today Commodity Market movement looks with different color, whole day Base metals movement is looking very good side and mainly we can see gold and silver movement, which is on positive track and cotton which is in Red side in morning recently stand with green shade but there is no high jump. And after long time crude oil looking with positive price and today has support at 5069.4 and has resistance at 5122.7. Only Mentha oil is in Negative side and hold selling position

Agri Updates :

In NCDEX Market Castor seed is in all contracts of dealing seeing with good position and prices it makes its position with buying side. Coriander also follows same path or track and holds its positive movement in National Commodity derivative Exchange.

कमोडिटी बाजार खबर के लिए, अद्यतन और सुझावों के यहां क्लिक करें….

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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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