Wednesday, 18 June 2014

Dollar index high today than rupee, commodity tips today

afternoon session Rupee weak than dollar, 4 pm traded above 60.55 and made high above 60.54, mcx bullion and base metal both look uptrend,
Gold trend: comax gold traded above $1271.15 and made high $1271.96 mcx gold made high above 26937 and down side low at 26690 .

silver trend: silver prices traded above $19.74 while made high above $19.77,mcx silver open today 42252 and made high 42570, down side 42128.
base metal and energy trend: mcx crude oil uptrend cause of Iraq crisis while base metal also increase today.
Evening calls:
buy gold above 26900 target 27000,27050,27100 stoploss 26800
buy silver above 42450 target 42600,42700,42800 stoploss 42350
buy crude oil 6450 target 6470,6490,6510 stoploss 6425
buy copper above 408 target 412,416 stoploss 403


  1. Silver gains tracking firmness in base metals prices after seen pressure as investors digested data on U.S. inflation and building permits Commodity Silver Tips .

  2. At the MCX, Zinc futures for June 2014 contract is trading at Rs. 130.45 per 1 kg, down by 0.08 per cent, after opening at Rs. 130.60, against the previous closing price of Rs. 130.55.
    Mcx tips

  3. The Indian rupee will not be a guest at this party for long it steam with the benchmark indices closing at an all time high yet again Monday in the US dollar Index . The current up-move of the rupee is coming to an end.
    Equity Trading Tips