Monday 24 November 2014

Gold silver trading tips today 25 november , base metal tips


Gold silver traded range bound today , mcx gold made high 25533 and open at 25492 while low of day at 25471, silver traded above 36458 and made low at 36350 while high of day at 36555.

global trend for gold and silver look negative before US DATA come at evening session,
mcx crude oil traded down side at 4716 while open at 4739 and made high 4740, low of day at 4705, pressure seen before OPEC meeting .
What should be do in crude oil:
trader can buy position on crude oil at 4700 to 4715 target 4730/4760/4790 stoploss 4680
base metal tips:
base metal copper and nickel look positive trend copper traded above 412.60 with gain of 2.40 point , mcx nickel traded above 1024 with gain of 1.80, Zinc and lead as well as aluminium traded in green mode today,
Natural Gas down fall stop at 263 level and now traded above 268.20 so keep buying positon on NG target above 285.
MCX COMMODITY CALL
BUY GOLD 25480 TARGET 25600/25750 STOPLOSS 25380
BUY SILVER ABOVE 36450 TARGET 36600/36800 STOPLOSS 36300
 
 


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