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  • MCX Cardamom under fresh… Cardamom on Multi Commodity Exchange (MCX) is on fresh selling, since market has witnessed gain in open interest by 0.84 percent to settle at 362.…
  • Fresh buying in NCDEX… NCDEX Jeera is under fresh buying since market has witnessed gain in open interest by 8.04% to settled at 9,189 while prices up 500 rupees.…
  • Mentha oil futures trade… Mentha oil prices were traded on lower by 2.88% to Rs.1849.40 per kilo in futures market Monday, since speculators have booked profits at current levels despite…
  • Gold futures decline on… Gold prices slid lower by 0.27% to Rs 28,589 per 10 grams in futures trade on Friday as participants went for booking profit at prevailing…
  • Centre approves floor price… To care for domestic pepper growers against a surge in imports the government has approved a proposal from the Spices Board for imposing a Minimum…
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Wednesday MCX crude,Natural gas trading calls| Gold, silver under pressure

 

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On Wednesday gold and silver under heavy selling pressure.Gold trading up to 29000 it sharply decline 52 points at 28782.00 from its previous close 28834.00. Mcx silver show heavy downfall dropped near -1.32% or 586 points at 43945.00.We can expect that after as dollar correct market move up and trade in green zone.

Base metal looking In volatile note, crude oil expecting higher from 2 days.on Tuesday trading crude price close 5856.0 and open upside with small correction at 5839.00.

Today in MCX copper sharp increment are seen in copper in a long positive side.On Friday trade copper gain +0.31% or 1.45 points trading at 466.80.

Buy Crude oil 5850 targets 5860/5870/5880 stop loss 5845

Sell Natural Gas below 271 target’s 268 stop loss 273.21