Tuesday, 22 January 2013

MCX COMMODITY TIPS, CRUDE OIL UPDATES

MCX TIPS,COPPER TIPS, GOLD AND SILVER UPDATE, ALLUMINIUM TIPS,MENTHAOIL TREND,COTTON TIPS, NCDEX KAPAS TIPS.

 Today, market open with a great bullish trend. As compared to yesterday today the MCX precious metals are strong. Both Gold and Silver are green shaded Gold gains 47 points at 30819.00 and Silver gains 196 points at 59813.00.

Other base metal Copper is also in long term bull phase. It gains 0.40 points at 440.60.

Currently Aluminium is also strong with a good volume.

Menthaoil is in long term bull phase it gains 5.80 points at 1321.70.

The overall trend for the MCX products is seems bullish and is good for trader.

 Due to decline in export Kapas is bearish for short term. Major support of Kapas is at 890 level.


 Buy and Sell calls : 

 BUY : Aluminium at 108.60 Stop Loss 107.9

 BUY : Crude oil at 5209.00 Stop Loss 5120

SELL : Jeera at 13550 Stop Loss 13680

BUY : Silver at 59814.00 Stop Loss 59514.00

 BUY : Gold at 30828.00 Stop Loss 30678.00

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