Thursday 17 July 2014

Crude oil prices high above 6150, comax gold uptrend $1305|| evening mcx tips


mcx crude prices again increase after stock reduce in US, nymax crude cross $102.65, mcx crude up above 6150 made high 6163, while open at 6095.

mcx gold traded above 27800 while comax gold $1302 above,
gold resistance and support level today:
Resistance level for evening time : 27850,27953,28030
and support level : 27700/27650/27600
Advice on gold : trader can buy gold at27800 target of 28050/28200 stoploss 27660
Base metal trend:
base metal aluminium made high at 118.95 while open at 117.95 and low of day is 117.80 increase more than 1%.
base metal copper nickel and zinc, lead traded down side evening session.
Commodity calls update:
buy silver above 44730 target 44850/44950 stoploss 44630
sell crude oil 6165 target 6140/6120 stoploss 6185
sell aluminium future above 118.80 target 118/117.50 stoploss 119.30

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