Friday, 2 May 2014

commodity trading tips today 2 may ,crude oil base metal uptrend

Today mcx bullion metal look in positive zone, gold was traded above 29590 and silver (july ) traded above 41840 , both metal look uptrend.

On nymax silver traded at $19.126 and comax gold was $1284.58, mcx copper uptrend today open at 406 and made high above 408.8 down side 405.55.
mcx crude oil trend: today open at 5993 amd made low at 5989 up side make high at 6038, now look forward 6048,6067,6090 and down side 5990.
base metal aluminium and nickel look under pressure today and traded down side.
Commodity calls for trading:
buy copper above 407.50 target 410,413 stoploss 403
buy gold 28550 target 28700,28800 stoploss 28430
buy silver above 41800 target 42300 stoploss 41600
buy crude oil 6025 target 6045,6060,6090 stoploss 6909


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  4. Crude oil trading range for the day is 5953-6087.Crude oil dropped as tensions in Ukraine showed signs of easing for Commodity Tips.

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