June wpi inflation reduce from 6.02 to 5.43%, that is
lowest of last four month,
Comax gold fail more than 20 point, made high $1339 and
low $131, mcx gold traded below 28070 and open at 28221 above. mcx silver was down more than 450 open at 45851 and made low 45336.
crude oil trend: mcx crude oil look down trend after open above 6054 and made low 6024,
base metal copper, zinc, aluminium, lead look volatile trend.
mcx commodity calls:
sell gold above 28100 target 28000,27900,27800 stoploss 28250
sell silver 45450 target 45350,45200,45100 stoploss 45600
sell copper 436 target 433/431 stoploss 438
sell crude oil 6050 target 6030/6010 stoploss 6075
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ReplyDeleteThe June Wpi inflation for the month came in at 5.43% versus 6.01% in may..
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Tata Steel fell 0.78% on turning ex-dividend today, 14 July 2014, for dividend of Rs 10 per share for the year ended 31 March 2014.
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Agri-Tips
ReplyDeleteCASTORSEED (20 AUG.) TREND: CONSOLIDATE RES1: 4360 RES2: 4405 SUPP1: 4285 SUPP2: 4250 STRATEGY: SELL ON HIGH
Intraday Crude Oil Tips
Gold Trading Calls for the day is SELL GUARGUM AUG BELOW 15350 TG 15300, 15230 SL 15420.
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ReplyDeleteThe 30-share barometer index of Bombay Stock Exchange, Sensex closed trade at 31273.29, up by 135.7 points or by 0.44 per cent, and the NSE Nifty ended at 9653.5, up by 37.4 points or by 0.39 per cent.capitalstars
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