Commodity Market News-12 Feb 2015

Gold demand fell in 2014 in countries like India and China, two of the largest importers worldwide. However, India regained the top slot from its neighbour in terms of demand for the yellow metal, India’s gold imports, too, despite a sharp rebound in second half of 2014, remained lower than previous year, data from the World Gold Council showed.

MCX SILVER May contract was trading at Rs 37385 down Rs 280, or 0.74 percent. The SILVER rate touched an intraday high of Rs 37500 and an intraday low of Rs 37362.

Crude Oil futures prices rose notably by 0.70% to Rs 3,178 per barrel today as speculators engaged in enlarging positions, tracking a firming trend in Asia.

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

AGRI & BULLIONS COMMODITY MARKET LEVELS-11 FEB 2015

AGRI COMMODITY MARKET

CS TURMERIC   (APRIL) OVERVIEW:
TREND  CONSOLIDATE
RESIST 2:8250
RESIST 1:8145            
SUP1:7930
SUP2:7820
STRATEGY: SELL ON RISE

CS SOYABEAN (APRIL) OVERVIEW:
TREND  BEARISH
RESIST 2:3450
RESIST 1:3425
SUP1:3370
SUP2:3350
STRATEGY: SELL ON RISE

CS CHANA  (APRIL) OVERVIEW:                        
TREND  BULLISH
RESIST 2:3640
RESIST 1:3620
SUP1:3590
SUP2:3565
STRATEGY: BUY ON DIPS

CS DHANIYA (APRIL) OVERVIEW:
TREND   BEARISH
RESIST 2:7585
RESIST 1: 7470            
SUP1:7260
SUP2:7160
STRATEGY: SELL ON RISE

BULLIONS COMMODITY MARKET

CS GOLD (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2: 27060
RESIST 1: 26950
SUP 1: 26700
SUP 2: 26650
STRATEGY: SELL ON RISE

CS SILVER (MARCH) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:38250
RESIST 1:37950
SUP1:37100
SUP2:36850
STRATEGY: SELL ON RISE

CS CRUDE OIL (FEBRUARY) OVERVIEW:                        
TREND  MIXED TO BEARISH
RESIST 2:3260
RESIST 1:3190
SUP1:3090
SUP2:3020
STRATEGY: SELL ON RISE {VOLATILITY CAN BE SEEN}

CS COPPER (FEBRUARY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:358
RESIST 1:353             
SUP1: 349
SUP2:345
STRATEGY: SELL ON RISE

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

Commodity Market News-11 Feb 2015

Gold prices eased on Tuesday as a rise in the dollar offset the supportive impact of concerns over Greece's future in the euro zone and fears over escalating violence in Ukraine, which hurt risk appetite.

Silver was down 0.6 percent at $16.91 an ounce. Greece and its euro zone partners engaged in brinkmanship on Monday, with leftist Prime Minister Alexis Tsipras insisting his country would not extend its reform-linked bailout and Germany saying it would get no more money without such a programme.

Crude oil prices fell for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that ample supplies will raise global inventories before investment cuts begin to significantly dent production.

Natural gas futures gained over 3 percent on Tuesday on forecasts for more cold weather over the next two weeks.

Copper fell on Tuesday as worries over China's economic growth and the outlook for demand resurfaced, though losses were limited by supply disruptions.

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

AGRI & BULLIONS COMMODITY MARKET LEVELS-10 FEB 2015

AGRI COMMODITY MARKET

CS TURMERIC   (APRIL) OVERVIEW:
TREND  CONSOLIDATE
RESIST 2:8160
RESIST 1:8060            
SUP1:7840
SUP2:7715
STRATEGY: SELL ON RISE

CS SOYABEAN (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:3465
RESIST 1:3440
SUP1:3400
SUP2:3385
STRATEGY: SELL ON RISE

CS CHANA  (APRIL) OVERVIEW:                        
TREND  MIXED TO BULLISH
RESIST 2:3620
RESIST 1:3600
SUP1:3555
SUP2:3525
STRATEGY: BUY ON DIPS

CS DHANIYA (APRIL) OVERVIEW:
TREND   MIXED TO BEARISH
RESIST 2:7715
RESIST 1: 7570            
SUP1:7330
SUP2:7240
STRATEGY: SELL ON RISE

BULLIONS COMMODITY MARKET

CS GOLD (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2: 27200
RESIST 1: 27050
SUP 1: 26800
SUP 2: 26550
STRATEGY: SELL ON RISE

CS SILVER (MARCH) OVERVIEW:
TREND  MIXED TO BULLISH
RESIST 2:38450
RESIST 1:38100
SUP1:37200
SUP2:36750
STRATEGY: BUY ON DIPS

CS CRUDE OIL (FEBRUARY) OVERVIEW:                        
TREND  MIXED TO BEARISH
RESIST 2:3380
RESIST 1:3320
SUP1:3190
SUP2:3120
STRATEGY:  SELL ON RISE

CS COPPER (MARCH) OVERVIEW:
TREND:  RANGE BOUND
RESIST 2:359
RESIST 1:357             
SUP1: 351
SUP2:348
STRATEGY:  SELL ON RISE FOR SMALL PROFITS

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

Commodity Market News-10 Feb 2015

Silver prices rose by Rs 152 to Rs 37,176 per kg in futures trading today as speculators indulged in creating fresh positions amid a firming trend in precious metals overseas.

Crude Oil price has resulted in aggregate inventory losses of Rs 16,000 crore in the third quarter of the current financial year for oil companies.

Nickel prices moved down by 0.58% to Rs 937.90 per kg in futures trade today as speculators trimmed their positions, taking negative cues from overseas markets.

Copper prices fell by 0.53% to Rs 353.45 per kg in futures trade today as speculators indulged in offloading their positions.

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

AGRI & BULLIONS COMMODITY MARKET LEVELS:

AGRI COMMODITY MARKET

CS TURMERIC   (APRIL) OVERVIEW:
TREND  BEARISH
RESIST 2:8115
RESIST 1:8015            
SUP1:7860
SUP2:7800
STRATEGY: SELL ON RISE

CS SOYABEAN (FEBRUARY) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:3515
RESIST 1:3490
SUP1:3445
SUP2:3415
STRATEGY: SELL ON RISE

CS CHANA  (FEBRUARY) OVERVIEW:                        
TREND  MIXED TO BEARISH
RESIST 2:3475
RESIST 1:3455
SUP1:3410
SUP2:3385
STRATEGY: SELL ON RISE

CS DHANIYA (APRIL) OVERVIEW:
TREND   MIXED TO BULLISH
RESIST 2:7700
RESIST 1: 7590            
SUP1:7365
SUP2:7240
STRATEGY: BUY ON DIPS

BULLIONS COMMODITY MARKET

CS COPPER (FEBRUARY) OVERVIEW:
TREND  BULLISH
RESIST 1: 359
RESIST 2: 363
SUP 1: 353
SUP 2: 351
STRATEGY: BUY ON DIPS

CS CRUDE (FEBRUARY) OVERVIEW:
TREND  MIXED TO  BULLISH
RESIST 1:3260
RESIST 2:3310
SUP1:3180
SUP2:3135
STRATEGY:  BUY ON DIPS

CS GOLD (APRIL) OVERVIEW:                        
TREND  MIXED TO BEARISH
RESIST 1:27560
RESIST 2:27725
SUP1:27280
SUP2:27100
STRATEGY: SELL ON RISE

CS SILVER (MARCH) OVERVIEW:
TREND MIXED TO  BEARISH
RESIST 1:38250
RESIST 2:38500             
SUP1: 37900
SUP2:37520
STRATEGY: SELL ON RISE

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

Commodity Market News-06 Feb 2015

Silver:
• Spot silver prices in the international markets and MCX silver prices have declined by around 16.5 percent and 15 percent respectively in 2014.

Crude Oil:
• Crude oil is the worst performer in the non agri commodity space in 2014 falling by more than 45 percent (WTI)

Natural Gas:
• Natural gas the favorite of all traders is an abundant resource across the United States, and new discoveries and extraction methods have led to a dramatic rise in shale gas development making America the world’s leading natural gas producer.

Copper:
• Copper, an indicator of the strength of the global economy, has been amongst the worst performer in the base metals space with prices declining by around 14.8 percent in 2014.

Nickel:
• Nickel the primary raw material to produce steel, started the year 2014 on a positive note gaining around 12 percent. It has been the best performer across non-agri commodities in 2014.

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

AGRI & BULLIONS COMMODITY MARKET LEVELS-05 FEB 2015

AGRI COMMODITY MARKET

CS TURMERIC   (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:8395
RESIST 1:8210            
SUP1:7930
SUP2:7825
STRATEGY: SELL ON RISE

CS SOYABEAN (FEBRUARY) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:3535
RESIST 1:3490
SUP1:3425
SUP2:3400
STRATEGY: SELL ON RISE

CS CHANA  (FEBRUARY) OVERVIEW:                        
TREND  MIXED TO BEARISH
RESIST 2:3510
RESIST 1:3480
SUP1:3425
SUP2:3400
STRATEGY: SELL ON RISE

CS DHANIYA (APRIL) OVERVIEW:
TREND   BEARISH
RESIST 2:7700
RESIST 1: 7550             
SUP1:7310
SUP2:7230
STRATEGY: SELL ON RISE

BULLIONS COMMODITY MARKET

CS COPPER (FEBRUARY) OVERVIEW:
TREND  MIXED
RESIST 1: 357.50
RESIST 2: 360.50
SUP 1: 351.30
SUP 2: 349
STRATEGY: BUY ON DIPS

CS CRUDE (FEBRUARY) OVERVIEW:
TREND  BEARISH
RESIST 1:3050
RESIST 2:3100
SUP1:2890
SUP2:2850
STRATEGY: SELL ON RISE

CS GOLD (APRIL) OVERVIEW:                        
TREND  MIXED
RESIST 1:27725
RESIST 2:28050
SUP1:27200
SUP2:27000
STRATEGY: BUY ON DIPS

CS SILVER (MARCH) OVERVIEW:
TREND MIXED TO  BEARISH
RESIST 1:38750
RESIST 2:39100           
SUP1: 38000
SUP2:37850
STRATEGY: SELL ON RISE

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

Commodity Market News-05 Feb 2015

 

Gold prices fell by Rs 180 at Rs 28,090 per 10 grams at the bullion market today on slackened demand from jewellers and retailers amid a weakening global trend.

Silver prices also fell by Rs 50 at Rs 38,400 per kg on reduced offtake by industrial units and coin makers.

Oil prices rebounded in Asia today but gains were capped as the euro was hit by fresh concerns over Greece, further hurting demand in the face of an oversupply.

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

AGRI & BULLIONS COMMODITY MARKET LEVELS-04 FEB 2015

AGRI COMMODITY MARKET

CS TURMERIC   (APRIL) OVERVIEW:
TREND  MIXED TO BULLISH
RESIST 2:8315
RESIST 1:8245            
SUP1:8080
SUP2:7990
STRATEGY: BUY ON DIPS

CS SOYABEAN (FEBRUARY) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:3485
RESIST 1:3460
SUP1:3420
SUP2:3395
STRATEGY: SELL ON RISE

CS CHANA  (FEBRUARY) OVERVIEW:                        
TREND  MIXED TO BULLISH
RESIST 2:3530
RESIST 1:3510
SUP1:3470
SUP2:3445
STRATEGY: BUY ON DIPS

CS DHANIYA (APRIL) OVERVIEW:
TREND   MIXED TO BEARISH
RESIST 2:7810
RESIST 1: 7670             
SUP1:7425
SUP2:7325
STRATEGY: SELL ON RISE

BULLION COMMODITY MARKET

CS COPPER (FEBRUARY) OVERVIEW:
TREND  BULLISH
RESIST 1: 357
RESIST 2: 361
SUP 1: 346
SUP 2: 338.50
STRATEGY: BUY ON DIPS

CS CRUDE (FEBRUARY) OVERVIEW:
TREND  BULLISH
RESIST 1:3290
RESIST 2:3350
SUP1:3180
SUP2:3050
STRATEGY: BUY ON DIPS

CS GOLD (APRIL) OVERVIEW:                        
TREND  BEARISH
RESIST 1:27600
RESIST 2:27850
SUP1:27200
SUP2:27000
STRATEGY: SELL ON RISE

CS SILVER (MARCH) OVERVIEW:
TREND  BEARISH
RESIST 1:38750
RESIST 2:39000             
SUP1: 37500
SUP2:37100
STRATEGY: SELL ON RISE

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

Commodity Market News-04 Feb 2015

Goldm prices on MCX were trading mixed on Wednesday. MCX Goldm March contract was trading at Rs 27606 up Rs 127, or 0.46 percent.

Silver prices on MCX were trading higher on Wednesday. MCX Silver May contract was trading at Rs 38669 up Rs 180, or 0.47 percent.

Oil prices fell in Asia today following a three-day rally as dealers were divided on whether the commodity has bottomed out after a plunge of nearly 60% since June.

Free Commodity Tips , commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

AGRI COMMODITY MARKET LEVELS-03 FEB 2015

CS TURMERIC   (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:8280
RESIST 1:8175            
SUP1:7970
SUP2:7860
STRATEGY: SELL ON RISE

CS SOYABEAN (FEBRUARY) OVERVIEW:
TREND  BULLISH
RESIST 2:3495
RESIST 1:3470
SUP1:3405
SUP2:3360
STRATEGY: BUY ON DIPS

CS CHANA  (FEBRUARY) OVERVIEW:                        
TREND  MIXED TO BULLISH
RESIST 2:3555
RESIST 1:3505
SUP1:3480
SUP2:3455
STRATEGY: BUY ON DIPS

CS DHANIYA (APRIL) OVERVIEW:
TREND   MIXED TO BEARISH
RESIST 2:7970
RESIST 1: 7815             
SUP1:7560
SUP2:7455
STRATEGY: SELL ON RISE

commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips

Commodity Market News-03 Feb 2015

Gold prices on MCX were trading with marginal loss on Tuesday. MCX Gold April contract was trading at Rs 27593 down Rs 73, or 0.26 percent.
Silver prices on MCX were trading lower on Tuesday. MCX Silver May contract was trading at Rs 38458 down Rs 106, or 0.27 percent.

Copper prices edged lower on Monday, after data showed China's manufacturing sector contracted in January, underlining concerns over a slowdown in demand.

Crude Oil futures prices rose notably by 1.22% to Rs 3,165 per barrel today as speculators engaged in enlarging positions, tracking a firming trend in Asia.

commodity tips , commodity trading tips , mcx advisory indore , mcx crude oil tips