Commodity Market News-13 Feb 2015

BULLION

Gold April and Platinum futures have added 0.5 per cent each at $ 1,226.70 and $ $ 1,205.10, reseptectively.Silver March future has spurted nearly a per cent at $ 16.936.

ENERGY

Crude Oil March future is up 0.4 per cent at $ 51.42.Brent Oil April future has gained 0.3 per cent at $ 59.52.Natural Gas March future has advanced 0.6 per cent at $ 2.732.

The Crude Oil MCX February futures bounced back into green after two day of significant fall. On Thursday, the energy futures gained to reach a high of Rs 3,198 per barrel and ended the session with a prominent gain of over 3(Rs 95) at Rs 3,170 per barrel on account of renewed buying in NYMEX Crude Oil prices.

The MCX Natural Gas February futures after facing strong resistance above the 20-DMA at Rs 180, however reversed its gains in yesterday's trade and ended with a significant loss of over 3 per cent at Rs 169 following NYMEX Natural Gas futures on bearish storage data.

BASE METAL

Copper March future has gained 0.3 per cent at $ 2.611.

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

AGRI COMMODITY MARKET LEVELS-13 FEB 2015

CS TURMERIC   (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:8320
RESIST 1:8160            
SUP1:7910
SUP2:7820
STRATEGY: SELL ON RISE

CS SOYABEAN (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:3420
RESIST 1:3410
SUP1:3390
SUP2:3360
STRATEGY: SELL ON RISE

CS CHANA  (APRIL) OVERVIEW:                        
TREND  MIXED TO BULLISH
RESIST 2:3675
RESIST 1:3660
SUP1:3625
SUP2:3600
STRATEGY: BUY ON DIPS

CS DHANIYA (APRIL) OVERVIEW:
TREND   CONSOLIDATE
RESIST 2:7500
RESIST 1:7425            
SUP1:7255
SUP2:7165
STRATEGY: SELL ON RISE

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

Agri Commodity Market Level-12 Feb 2015

AGRI COMMODITY
CS TURMERIC   (APRIL) OVERVIEW:
TREND  MIXED TO BULLISH RESIST 2:8365 RESIST 1:8295             SUP1:8110 SUP2:7990
STRATEGY: BUY ON DIPS
 
CS SOYABEAN (APRIL) OVERVIEW:
TREND  BEARISH RESIST 2:3410 RESIST 1:3390 SUP1:3360 SUP2:3345
STRATEGY: SELL ON RISE

CS CHANA  (APRIL) OVERVIEW:                        
TREND  BULLISH RESIST 2:3695 RESIST 1:3670 SUP1:3610 SUP2:3585
STRATEGY: BUY ON DIPS

CS DHANIYA (APRIL) OVERVIEW:
TREND   BEARISH RESIST 2:7500 RESIST 1: 7400             SUP1:7255 SUP2:7200
STRATEGY: SELL ON RISE

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

MCX Silver drops 0.6%,Natural Gas extends gains

 

The MCX Silver March is trading into the negative zone following the NYMEX Silver futures.

The Silver price in India opened today with a loss of Rs 147 (0.4 per cent) at Rs 37,250. Soon, the precious metal has extended its losses and has tumbled around Rs 350 (0.9 per cent) to touch a low at Rs 37,050.

Now, the Indian Silver has dropped 0.6 per cent (Rs 222) to Rs 37,175.

The MCX Natural Gas has extended its gains for the fourth straight day on the back of rise in International Natural Gas prices.

Currently, the MCX Natural has gained 0.7 per cent at Rs 176. The counter has seen trades of around 3,661 contracts on the MCX.

The MCX Crude Oil February future started the day marginally in green at Rs 3,078 from previous close of Rs 3,075 on the back of positive International prices.

Thereafter, the Crude Oil has extended its gains and touched a high of Rs 3,103.

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

 

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