Wednesday, 12 November 2014

mcx commodity calls update on 13 November, gold silver today trend

mcx commodity gold silver traded under pressure on upper level, gold traded at 28800 and mcx silver traded at 34700 with green mode, morning session gold made high at 25930 and down at 25802.

silver made high 34883 while low of day at 34692. on comax gold traded range bound $1265 to $1260 ,
crude oil and natural gas trend: mcx crude oil fail upper side at 4750 , and natural gas below 255.
commodity calls for trading today:
buy mcx gold above 25800 target 25850/25900 stoploss 25730
buy mcx silver above 34650 target 34800/34900 stoploss 34500
buy copper above 411.50 target 413/415/417 stoploss 409


  1. The market seems to be consolidating. The Sensex is up 7.78 points at 28016.68 and the Nifty is down 3.10 points at 8380.20. volatility will be continue in Stock and commodity market.
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  2. Crude oil prices continue to take bearish bets from oil related reports. The US EIA published its STEO while OPEC too came out with the Monthly Oil market report where it said it cut output in the month of October by 226,400 BPD to 30.253 MBPD
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  4. Gold and silver both metal are volatile in nature. Expert analyze market on daily basis to observe the changes in the price. Epic Research has team of experts that conduct market analysis on daily basis.

  5. The 30-share BSE Sensex was up 16.82 points at 31,092.55 and the 50-share NSE Nifty rose 14.75 points to 9,592.80.capitalstars