Friday 27 June 2014

Commodity mcx tips, gold silver evening update, crude oil trend


commodity precious metal gold and silver look under pressure today, evening session mcx traded at 27650 above gold made low at 27605 and high of day is 27799.

comax gold traded above $1317 while open at #1316.72, high of day 1322.25,low of day is 1312.3
mcx silver trading at 44555, open at 44758 and high of day is 44839 made low of 44422, nymex silver traded above $21.019.
crude oil taken recovery today and made high 6397, open at 6385, and made low of day is 6366, natural gas looked under presure, open at 269 and made low of day is 266.5 .

Evening commodity calls :

buy silver 44590 target 44750/44850/44900 stoploss 44400
buy gold above 27630 target 27750, 27850,27900 stoploss 27550
buy natural gas above 267 target 269/271 stoploss 265
sell aluminium 111.65 target 111.20/ 110.50 stoploss 112.2


6 comments:

  1. At 15:46 hrs MCX SILVERMIC June contract was trading at Rs 44552 down Rs 93, or 0.21 percent. The SILVERMIC rate touched an intraday high of Rs 44950 and an intraday low of Rs 44470. So far 19221 contracts have been traded. SILVERMIC prices have moved down Rs 2726, or 5.77 percent in the June series so far.

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  2. Holdings at ishares silver trust dropped by 0.41% i.e. 41.81 tonnes to 10106.68 tonnes from 10148.49 tonnes by Commodity Silver Tips.

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