Monday 21 July 2014

commodity gold silver high on mcx ,comax made high $1314 , base metal down trend


commodity gold silver positive on mcx as well global market comax gold made high $1314.9 and low of day is $1306.8, mcx gold made high 28137 an low of day is 27983.

Silver trend update: nymax silver traded above $20.935 ,open at $20.85, mcx silver traded above 45220 and made low of day is 44975.
base metal copper traded at 425 , mcx nickel below 1117 and aluminium 119.3,
copper support at 422/418 and resistance level at 431/433 , hni trader copper sell above 427 target will be 422 stoplos 429.5
crude oil expiry of july contact today ,mcx crude oil look uptrend above 6200 6250/6270
support level 6170/6141 and resistance level at 6245/6270
intraday trader can buy at 6205 target 6230/6250 stoploss 6180
commodity calls
buy gold above 28050 target 28150/28200/28250 stoploss 27970
buy silver 45100 target 45250/45350/45500 stoploss 44900

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