Commodity Market MCX NCDEX Trading Calls For Today 24 Aug

NCDEX Chana Oct BUY 4786 TG 4870/4900 SL 4740 

NCDEX Guar Gum Oct BUY 8300 TG 8500/8600 SL 8100 

NCDEX Jeeta Sep BUY 16550 TG 16650/16700 and SL 16490 

NCDEX Soya Oil Sep BUY 576 TG 582/584 and SL 573 

NCDEX Turmeric Sept SELL 7700 TG 7600/7550 SL 7760

Gold Come on Rs 22 thousand in this year, Today commodity MCX Live price

After last year gold price 2750 per 10 grams have been far cheaper. Last year on 14 August 2014 gold price was 28614 per gram, while in this year gold is trading levels of Rs 25862 per 10 gram on Friday. According to the Commodity expert MCX Gold price is continues decline. Gold price come 22,000 per 10 gram in the next year. Because next month is likely to increase US interest rates. Also India and China declining demand and the equity market returns large investments to meet the gold demand has declined. 

The country's big five broking houses, according to the poll conducted among the trend in gold prices will continue.

Instituion	August 15, 2016 estimate (MCX) for Rs
Angel Broking	23,500
Trade Swift Broking	22,000
Adalvoice comtrade	23,000
Kotak Commodities	24,000
Paradigm Commodities	24,400

Crude oil price decline, 17 Aug Commodity Market Gold Silver down, NCDEX tips today

After a last week sharp decline in Crude oil still remains under pressure. NYMCX WTI crude around 1.5 per cent is under $ 42. The Brent price has also come down to $ 49. In fact after China over japan’s economy has begun to grow even longer concerns. The Crude oil can have effected on demand. 

The gold is normally high, COMEX the gold price is around $ 1115. But silver is showing that effect a sluggish in the base metals. In base metals copper price $ 5,100 came down to the last 6 year low. 

Today, the weakness in the rupee against the dollars has increased to rs 65.30 against 1 dollar, the rupee has down 2.5 per cent this week. 

SELL Gold Oct below 25950 TG 25750/25600 and SL 26100 

SELL Silver Sep below 35700 TG 35450/35200 and SL 35950 

SELL Crude oil Aug below 184 TG 181.5/179 and SL 187.8 

BUY Copper Aug above 337 TG 339.8.343 and SL 334

MCX Crude oil price decline, today Gold Silver tips, 11 Aug commodity Intraday tips

Yesterday after precipitation, today is seeing a agin sharp decline in crude oil. International crude oil prices have fallen nearly 0.75 per cent. The price of Brent has slipped back to $ 50. The sharp decrease in demand for crude to JP Morgan estimates, the bank said that its first estimate for next year has been cut by nearly 19 dollars. 

According to JP Morgan next year's average price of Brent crude to $ 50 and $ 44 can remain NYMCX crude. In addition to crude oil this week is going to be very important, because this week the US Energy Department, OPEC and the International Energy Agency's report is forthcoming, the market is waiting for. The MCX crude oil with 0.35 percent gain in 2870 is showing around Rs. The Natural Gas 0.11 per cent to Rs 180 seems closer.

Commodity market outlook 06 Aug, Live Gold Silver trend, Crude oil tips

Barley: Bearish Trend R1 1146 R2 1154 S1 1130 S2 1124 

Chana: Bearish Trend R1 4535 R2 4563 S1 4480 S2 4460 

Menthol oil: Sideways Trend R1 914 R2 919 S1 899 S2 891 

Silver Sept: Sideways Trend R1 33700 R2 34000 S1 33200 S2 32850 

Gold Oct: Sideways Trend R1 24830 R2 24940 S1 24560 S2 24400 

Natural Gas Oct: Bearish Trend R1 183 R2 184.8 S1 179.4 S2 177.6 

Crude Oil Aug: Bearish Trend R1 2953 R2 3029 S1 2837 S2 2797 

Aluminium Aug: Bearish Trend R1 102.08 R2 103.12 S1 100.43 S2 99.82 

Zinc Aug: Bearish Trend R1 122.48 R2 123.97 S1 120.08 S2 119.17 

Lead Aug: Bearish Trend R1 110.93 R2 112.02 S1 109.08 S2 108.32 

Nickel: Bearish Trend R1 702.57 R2 708.53 S1 691.57 S2 686.53

Crude oil price weak, dropped Rs 3,000, MCX commodity live price 03 Aug

The decline in crude oil has increased. MCX crude oil price dropped Rs 3,000 in domestic market. The International market WTI crude last 4 month and Brent crude oil have come to the 6-month low. Iran increase supplied guess the pressure on prices. Indeed Iran is waiting just recessive economic ban. The Rupee strongly against dollars has crude oil price decline in the domestic market. 

Decreased demand for crude oil as well as in China, while China is the second largest consumer of crude oil in the world . In last month, crude has falls 15 per cent. The record levels in July, OPEC's crude production that has also dominated the weakness.