MCX commodity tends today, Crude oil tips, 29 May live gold silver prices

Yesterdays MCX Gold traded between 200 points range and made Doji candle in daily chart in support trend line our expectation price may give some correction from here onwards gold closed at Rs 26861, tested high at 26916 and low at 26712. For today’s trading session follow the strategy buy on dips for today’s trading session. 

ENERGY 

MCX Crude oil futures traded in red form last couple of days yesterday crude oil inventory forecasted -0.857M and Actual it came -2.802M. Crude oil closed at Rs 3668 and tested high at 3721 and made low at Rs. 3625for today follow the strategy sell on high. 

BASE METALS 

Copper closed lower for the third straight day the prices of MCX Copper settled the session at Rs 392.45 per kg against Rs 393.85 per kg. The prices of MCX Copper broke the rising wedge pattern that started the slide in the metal, With new support base broken on every passing day. Follow the strategy sell on high for today’s trading session.

27 May 2015, MCX commodity gold silver trends today, Crude oil, copper tips

GOLD 
SUPPORT1: 26720 SUPPORT2: 26480
RESISTANCE1: 27160 RESISTANCE2: 27390

SILVER 
SUPPORT1: 37850 SUPPORT2: 37200
RESISTANCE1: 39100 RESISTANCE2: 39750

CRUDE OIL
SUPPORT1: 3660 SUPPORT2:3615
RESISTANCE1: 3775 RESISTANCE2: 3825

COPPER 
SUPPORT1: 389 SUPPORT2: 386
RESISTANCE1: 398 RESISTANCE2: 402

26 May 2015, NCDEX coriander high demand, MCX commodity live, gold silver price

Commodity Live:- NCDEX Coriander June future is positive trend for short term, within Intraday resistance 12800 and support level at 11900.

11:50, NCDEX coriander June contract is trading up 1.27% at 12484 on Tuesday. Meanwhile coriander stocks NCDEX warehouse increased imprecisely to 15913 on Sunday, from 15813 tonnes previous day. 

MCX Live rate:- Gold Jun contract is trading price decline 108 Rs or 0.40% at 27053.00, it intraday high price 27195 and touch low price 27029. 

MCX Silver Jul contract is trading price low 460 rs or 1.18% at 38680, it intraday touch high price 39118 and touch a low price 38625.00.

MCX Gold and silver down, today commodity trading calls today 15 May 2015

In the three months gold has come under pressure today after the upper edge. today gold decline 0.50 per cent. The US dollar declined from bad America data, and they have slipped to a nearly 4-month low. However gold holding has at 4-month low.

MCX Gold Jun contract trading down 108 points at 27326, it Intraday touch high 27437 and low of 27246.

MCX Silver Jul contract is 14 Rs down at 39730, it Intraday touched a high of 39790 and touch a low of 39350.

Commodity MCX trading calls today 

SELL Gold Jun below 27400 targets 27060 Stop loss 27550

SELL Natural Gas May below 191 targets 184 Stop loss 194

SELL Copper Jun below 413 targets 406 Stop loss 417

Pre-monsoon started, how about the effect on the market

Monsoon will come by the end of this month, but the pre-monsoon rains in most parts of the country has begun. Especially in many parts of South India is constantly raining. According to the India Meteorological Department during next 24 hours in several areas of Karnataka, Kerala and Tamil Nadu, including heavy rain is expected. The last Madhya Pradesh, Gujarat and Haryana, Delhi and Maharashtra have also heavy rain. 

Good farming is seeing a decline in soybean than expected. NCDEX soybean prices have slipped below Rs 4,000. This week has seen a decline of about 10 per cent in soybeans. But wheat yields has proved over the untimely rains. This year, the lowest in the last 5 years, wheat yields are estimated. This year 9.3 million tonnes of wheat yields may remain. Castor today after last week's decline has accelerated. NCDEX Castor seed with 1 per cent is trading at Rs 3740.

Commodity face, MCX crude oil trend, Gold Silver live rate today 13 May

13 May 2015 Commodity trends 

Gold
Support 1: 26990, Support 2: 26750
Resistance 1: 27320, Resistance 2: 27550

Silver
Support 1: 37750, Support 2: 37100
Resistance 1: 38900, Resistance 2: 39950  

Crude Oil 
Support 1: 3840, Support 2: 3795
Resistance 1: 3935, Resistance 2: 3985

Copper
Support 1: 415, Support 2: 412
Resistance 1: 423, Resistance 2: 427

NCDEX Chana trade high on rising demand, MCX gold silver live rate, commodity face today

NCDEX chana high demand but low production, In short term NCDEX chana trade high on high demand, short term NCDEX Chana May contract is seen at 4420 and resistance at 4650. Intraday chana support is seen at 4500 and resistance at 4580.

Gold news:- The pressure is being witnessed in gold in the upper levels. 

International and domestic gold price has dropped. Pressure on gold prices in dollar seems firmly. 7-year lows in the US unemployment rate has come to support the dollar. 

The MCX gold flat and is trading around Rs 26 900. While silver is also pressure and the flat and looks around Rs 37950.

commodity face, gold silver trends, live MCX price rate today 08 May 2015

Commodity Live prices                             

Gold - 5 Jun    
 26910.00                                    24.00    -0.09%         

          

Silver - 3 Jul

37849.00                                    16.00     -0.04%                    

Crude oil - 18 May

 3805.00                                     15.00      0.4%                    

Natural gas - 26 May

176.50                                        0.80        0.46%                    

Aluminium - 29 May

120.90                                       1.00         0.83%                    

Copper - 30 Jun

416.00                                       0.45         -0.11%                    

Nickel - 29 May

909.20                                       0.20         -0.02%                    

Lead - 29 May

133.25                                       0.10         -0.07%                    

Zinc - 29 May

152.80                                       0.05         -0.03%                    

Menthaoil - 29 May

917.70                                       30.10         -3.18%                    

Cotton - 29 May

16530.00                                   50.00           0.3%