Today Commodity Market Updates |Mcx and Ncdex Calls

On 11^th April Commodity Mcx market whole day looks bearish side, and all base metals, Gold and Silver all are traded at negative side. So in other word or in short we can say, today commodity market trend is in earth side.

Today Commodity Market seeing very unpredictable side, whole day all base metals in Mcx Market and both precious Metals moves down and Mid of the day only Mentha oil stands with optimistic position. Gold and silver both stay with pessimistic side and traded in negative side in Commodity Mcx Market. We can say today Mcx market situation is in high alert, because all commodity face down price position.

Commodities in Ncdex market is seasonal, we all know wedding season is come and some commodities are in demand now and traded very well. Turmeric is in bullish side and in all contracts lead good but Chana and chili both are traded in bearish side and walk at red carpet in National Commodity derivative Exchange.

Mcx and Ncdex Calls:

Sell Cotton below 19000 Targets 18990, 18985, 18970 Stop Loss 19020

Sell Chana below 3540 Targets 3510, 3480, 3450 Stop loss 3590

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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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Today silver is in buying side and Mentha oil call

Chilli and Chana Updates     

                         

India’s NCDEX Commodity Market, Chili trend for April Contract seen at bearish side for intraday trade, and it has good support at 6109.5 and has good resistance at 6258.8; NCDEX chilli authenticated bright selling force and closed at 6580 on Monday Commodity Market. But here for all Contracts Chana we can see at optimistic side and looking at good position and has good support and resistance levels:

S1: 3550.4, S2: 3544.3, and R1: 3595.6, R2: 3601.8

Gold and Silver levels:

Precious metals Gold and Silver both continuously go face swing position, whole last week both wondering at negative side but now after Monday Silver shows positive points but Gold hold its position and stay with negative price. Yesterday Gold close with 29540 and today opens with 29525. Gold and silver has good support and resistance levels:

Gold: S1: 29397.8, R1: 29682.5

Silver: S1: 50811.3, R1: 51585.9

Mentha oil position in Commodity market looking in bearish side now a days, and today Cotton also hold sell position, but today in morning trade all base metals we can see at buying side.

SELL MENTHA OIL BELOW 1015 TARGETS 1017, 1020, 1022 STOP LOSS 1012

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