Commodity market is bullish trends and intraday green mode. In the domestic market gold and silver is good trends and move up. Now MCX gold Feb is trading pries 0.11 per cent up at Rs 31361. Gold intraday high levels touch 31399 and low levels touch 31348 Rs.
MCX Gold Feb buy above 31365 targets 31380-31395-31410 Stop loss 31330
MCX Silver Mar intraday 0.24 per cent up at Rs 62730 Rs. Silver prices high levels touch coming for weeding session. Therefore gold and silver demand high in the domestic market. Now MCX silver Mar contract is bullish and buying trends. Intraday silver high levels touch 62844 Rs and low levels of touch at Rs 62658.
MCX Silver Mar buy above 62800 targets 62850-62900-62950 Stop loss 62700
MCX base metals are green flag and good trends. Copper, Nickel, Lead, Zinc Aluminum are bullish trends and 0.5 per cent up.
MCX Copper Feb sell above 446.5 targets 445-443.5-442 Stop loss 449.5
MCX natural gas Dec contract 2.60 Rs down and now trading prices 191.10.
NCDEX Trading tips:-
BUY SOYABEAN JAN ABOVE 3275 TARGETS 3285/3308 STOPLOSS 3255
SELL CASTORSEED JAN BELOW 3550 TARGETS 3540/3517 STOPLOSS 3570