Monday, 28 April 2014

mcx gold silver positive trend, copper positional call today

bullion metal gold traded on comax above $1300 while mcx gold above 28930 ,morning time open at 28980 and make high at 29020, cause of ukraine crisis increase gold silver and crude oil prices as well as weak rupee given support, after recovery in rupee at 60.43 level gold and silver decline upper range.
Crude oil trend: crude oil positive trend from morning session after opening at 6144 and made high at 6177 and low of day is 6131, now evening time traded at 6163. crude oil up trend 6185,6200,6225 and down side at 6115 today.
Mcx copper and nickel trend: mcx copper traded above 419.5 today open at 419.75 and make high at 420.95, today coper trend is 421,425,427 and down side is 416
mcx nickel lok up trend from morning time and traded above 1125.6 while open at 1123.4, make high of day is 1133 and low of day is 1118.8, nickel trend upside 1130,1135 and down side 1115.
evening commodity calls update:
buy gold above 28900 target 29000,29100,29150 stoploss 28800
buy silver 42450 target 42650,42800 stoploss 42200
buy copper above 419 target 421,423 ,425 stoploss 416
buy crude oil 6150 target 6190,6220 stoploss 6125


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