MCX Expert Tips

MCX GOLD : -
Buy at 29700, Stop loss 29630, Target 29780.

MCX SILVER : -
Buy at 53200, Stop loss 53100, Target 53500.

MCX COPPER : -
Buy at 421.50, Stop loss 417.50, Target 421.50.

MCX LEAD : -
Sell below 104.50, Stop loss 105 Target 104.

MCX ZINC : -
Sell at 100.70, Stop loss 101.90, Target 100.80.

MCX ALUMINIUM : -
Sell at 102.40, Stop loss 103, Target 102.

MCX NICKEL : -
Sell below 882, Stop loss 888, Target 876.

MCX CRUDE OIL : -
Buy above 4995, Stop loss 4960, Target 5010. Else
Sell below 4960, Stop loss 4995, Target 4950.

MCX NATURAL GAS : -
Sell at 171, Stop loss 173, Target 172.

MCX GOLD : -
Buy above 28820, Stop loss 28770, Target 28910.

MCX SILVER : -
Buy at 53510, Stop loss 53310, Target 53810.

MCX COPPER : -
Buy at 420, Stop loss 418, Target 422.

MCX LEAD : -
Buy at 103.90, Stop loss 103.40, Target 104.80.

MCX ZINC : -
Buy at 102, Stop loss 100.30, Target 102.40.

MCX ALUMINIUM : -
Buy at 102.90, Stop loss 102.90, Target 103.70.

MCX NICKEL : -
Buy at 870, Stop loss 883, Target 895.

MCX CRUDE OIL : -
Buy at 5010, Stop loss 4980, Target 5020.

MCX NATURAL GAS : -
Buy above 171.90, Stop loss 168.70, Target 174.

According to our technical analyst GOLDGUINEA costs on MCX were dealing smooth. At 16:03 hrs MCX GOLDGUINEA July agreement was dealing at Rs 23538.00 down Rs 17.00, or 0.06%. The GOLDGUINEA amount shifted an intraday great of Rs 23540.00 and an intraday low of Rs 23518.00. GOLDGUINEA costs have shifted up Rs 147.00, or 0.61% in the July sequence so far.

MCX GOLDGUINEA Aug agreement was dealing at Rs 23728.00 down Rs 18.00, or 0.07%. The GOLDGUINEA amount shifted an intraday great of Rs 23757.00 and an intraday low of Rs 23713.00. GOLDGUINEA costs have shifted up Rs 245.00, or 1.05% in the Aug sequence so far.

MCX GOLDGUINEA Sept agreement was dealing at Rs 23870.00 down Rs 11.00, or 0.04%. The GOLDGUINEA amount shifted an intraday great of Rs 23871.00 and an intraday low of Rs 23840.00. GOLDGUINEA costs have shifted down Rs 126.00, or 0.51% in the Sept sequence so far.

Gold : -
Spot costs of Gold dropped by 0.3 percent in the last week on the back of durability in the Dollar Index (DX) in addition to adverse market sentiments in the international economic climate. The gold moved a low of $1,564.34/oz and shut at $1581.3/oz in last trading period of the weeks time. However, in the domestic markets MCX Gold Aug agreement resolved around same levels as that of past weeks time. Devaluation in the Idian rupee led MCX Gold costs to close on a positive observe at Rs.29,275/10 gms after in contact with a high of Rs.29,360/10 gms during the week.

Silver : -
Spot costs of Silver resolved at the same levels as that of past weeks time. However, distinct rise in the Silver costs was to cap it monitoring bearishness in the gold and base metals costs along with strength in the DX. The white steel moved a every week great of $27.58/oz and shut at $27.1/oz on Friday. On the Domestic front costs devaluation in the Native indian Rupee led MCX Silver to negotiate 0.1 percent higher in the weeks time after in contact with a higher of Rs.53,210/kg.

Crude Oil : -
On the every week base, Nymex Crude oil costs improved around 5 percent taking hints from supply issues from Iran and increasing Middle East stress, decrease in US Crude oil selections along with cut in periodic development from the Organization of Petroleum Exporting Countries (OPEC). However, further benefit in costs was to cap it on theback of durability in the DX.

SILVER – SEPT -
MCX July price last week lastly damaged significant support level 53400 and created a low 52220 and lastly created a shut at 52740.
For this week : Small trading range and support 52100 then 51100 , level of resistance 53400-54100 decisively cross-over with amount and included open interest temporary up side. Major Resistance 56100.

GOLD – AUGUST -
MCX Gold aug as seen in a week ago made a high 29678 later costs dropped considerably towards 29161, which is near to powerful assistance level and lastly handled to shut at 29263.
For this week: We expect in this week Gold price find assistance 29000 and decisively crack below further promoting towards 28751 then 28500 advanced level level of resistance 29500-29600 observe out thereafter more benefit. Major level of resistance 30400 keep in mind.

COPPER  - JULY  -
The other day it was a small trading range between 426 to 413 variety and found some support at lower level.
For this week: We may consider level of resistance 430-434 variety and support 416-418 then 408-411, thereafter anxiety promoting up to 400 likely. Continual above  it will shift towards 450 plus.

CRUDE – JULY -
MCX Crude July price seen sensible restoration from last week and ongoing to follow up, buying led to it making a higher 4816 and lastly handled to close at every week great showing ready to clean up-move.
For this week: We may consider level of resistance 4800-4810, thereafter... more benefit, downside support 4710-4720 and continual below disadvantage may analyze 4640, thereafter sign that move over and be get ready for big fall.

"Today MCX Commodity Tips"
GOLD Mcx Aug : -
Technical Levels
R3     29750/29830
R2     29550/29680
R1    29410/470
Pivot     29320
S1     29240/29150
S2    29020/28940
S3     28830/28710

SILVER Mcx Aug : -
Technical Levels
R3     55210/56310
R2     54100/54700
R1     53100/53600
Pivot     52700
S1     52200-52100
S2     51100/49600
S3     48400/45500

COPPER Mcx Aug: -
Technical Levels
R3     434.50/438/441
R2     432/433
R1     428/430.50
Pivot     426
S1     423/421/417
S2     411/409
S3     407/404

CRUDEOIL Mcx July : -
Technical Levels
R3     5144/5080
R2     5030
R1     4960/4920
Pivot     4820
S1     4776/4735/4705
S2     4640/4615/4575
S3     4515/4465/4365

GOLD Mcx August :-
Costs have been dealing in a limited variety without much route . Even in this difficult state, weak point could increase only below 29150 area, else keep the same for short protecting move towards 29340/29410 or even greater towards 29560. But shock drop below 29150 area may kindle clean promoting towards 29020/29870.

SILVER Mcx Aug :-
Uneven dealing inside 53100-53340 stages have been growing since the day period. For the day, while costs stay above 52710 further increase towards 53540/54100 is preferred, else would call for promoting stress towards 52100 originally followed by 49100/48500 stages later.

COPPER Ncdex/Mcx/ Aug :-
Falls likely to find support near 421 followed by a merging and flow cost greater. However, an surprising convert reduced below 420 would hole our intraday favorable objectives and take costs lower.

NICKEL Mcx July :-
The turn around experienced from 894 likely to boost towards 901 originally, which if eliminated could increase the emotions towards 911/917 or even more. A immediate dip below 892 would be needed to hole such objectives and move costs lower.

LEAD Mcx July :-
Prices are continuously upcoming towards good area, as it is dealing above 22 day EMA support at 103 stages. But the reactionary shift may lasts only up to 104.10 stages, where the 45 day EMA level of capacity cap it the upwards shift. However, if costs smashes the same may see a development of costs towards 103.80 followed by 105.90 stages. On the other side, not successful efforts to business above 104.80 could turn the reverse to a dealing uneven session.

CRUDEOIL Ncdex/Mcx/ July :-
After yesterday’s goes, costs are looking attractive for an benefit force if it smashes above 4814 area continually focusing on stages of 4861/4896. On the other hand, costs have to splinter past 4774 area originally to test stages of 4744/4714 and even lower towards 4684 region.

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GOLD  AUGUST -
MCX Gold Aug as seen in a week ago made a high 28837, later costs dropped dramatically towards 29446, which is near to powerful assistance level and lastly handled to shut at 296628.
For this week: We expect in this weeks time Gold cost to find assistance 29300-29400, provided that keep this stage up-move to proceed, higher-level level of resistance 29700, business and continual above it will shift towards 29800-30100.

SILVER  SEPT -
MCX July price the other day lastly split significant assistance level 54100 and made a low 51910, which indicates short-term pattern is bearish and offer on increase stratregy.
For this week: Small trading variety and assistance 52800 and level of resistance 54100-54500 observe out.

COPPER JULY -
Last week it was a small trading range between 434 to 424 range and find some support at lower level.
For this week: We expect up-move to proceed in this commoidty and deccline to purchasing chance. We may consider assistance 418-420 variety and crack and business below further weak point up to 411 whereas the purchasing chance. Higher-level stage of resistance 436-441 to look at out.

CRUDE JULY -
MCX Crude July price seen sensible recovery from a week ago and continue follow-up purchasing led to it making a high 4898 and lastly shut at 4731.
For this week: We may consider level of resistance 4910-4920 and assistance 4720 observe, once crack and business below donw part likely.

GOLD Mcx August :  -
Costs likely to shift greater originally towards 29870 area for a drawback which could originally find assistance at 29710/590 or even reduced towards 29480. But successful goes above 29870 area could raise up prices further towards 29980/30110.

SILVER Mcx Aug :  -
As long as costs stay above 54310 good prejudice preferred and likely to improve the purchasing strength towards 54810/55210 or even more for the day. A immediate drop below 53110 could negate such bullish sentiments and drag prices lower.

COPPER Ncdex/Mcx/ Aug : -
Continuous candlepower unit development is helpful for bulls but it needs to be cleaned the powerful benefit of 431.40-434 areas to continue powerful short protecting rallies. On the other hand a immediate dip below 423 would be a indication of promoting stress again.

NICKEL Mcx July : -
Initial falls if organised near 936 costs have room for a increase towards 946 followed by 953/963 stages. Constant investments below 927, emotions will be poor again.

CRUDEOIL Ncdex/Mcx/ July : -
As long as costs remain above 4820, pattern seems to be switching in support of bulls. The costs activity is likely to find preliminary level of resistance around 4910 area to improve the fluff run towards 4980-5000 area. On the in contrast, a crack below 4820 could see costs inching reduced towards 4790-45/4730 stages for the day.

NATURAL GAS Mcx July : -
Last daily strong goes determine the use of purchasing attention. But for the coming period, 164-165 area has to give way for repairing our favorable emotions towards 169/173.At the same time, unable to break the area of 165 could sell our purchasing attention and could find support at 158/155.

Gold futures dropped, as traders recommended the safe home of the dollar and treasuries after some poor economic data revealed US production industry dropped more than predicted in May, the first time in almost three years.

Demand for gold from the biggest gold customer, India, stayed bad as a recent devaluation in the rupee brought up prices for local buyers.

Gold holdings of SPDR gold believe in, the biggest ETF supported by the precious metal, dropped to 1,279.50 plenty, as on June 29.

Silver holdings of ishares silver believe in, the biggest ETF supported by the metal, dropped to 9,685.70 plenty, as on June 29.

Copper prices declined by almost 1%, in line with a weaker euro as a string of bleak global macro-economic data reignited concerns over demand for the red metal.

Copper futures for Sept. delivery closed down by almost 1% at $3.468 per pound on the COMEX of the New York Mercantile Exchange.

Crude oil prices declined after a weak manufacturing data from the United States, Europe and China reinforced concerns about slowing economic growth and its threat to demand for  etroleum & its  roducts.

Natural gas futures closed on a flat note, recovering from its earlier losses driven by moderating weather forecasts.

GOLD Mcx July : -
Existing sellng bias likely to continue to persist for the day, But we cannot guideline out the likelihood of an preliminary force towards 29530 area for a move reduced towards 29320/200 or even more. But crack above 29570 area could raise up costs towards 29670/730, which we least anticipate for the day.

SILVER Mcx Aug : -
Prices have been sailing in keep get away, which is likely to continue to persist towards 52500/52000 followed by 51700. Even in this tiresome perspective, surprising increase above 53800 area could obvious up our bearish perspective and discover level of resistance at 54100/54600 or even greater towards 55000.

COPPER Ncdex/Mcx/ Aug : -
As long as 422/423 area maintains support, anticipate a pullback towards 425.51 stages. If this area is breached a prospective focus on of 427 could be on cards. However, a drop past 422 could focus on 420/420.20.

NICKEL Mcx July : -
Costs could start a powerful pullback if continually business above 931 focusing on 937/943 stages. Otherwise, a pitfall originally towards 925 followed by 917 could be on cards.

LEAD Mcx July : -
Costs were in recovery function after it made a low of 102.30 stages on Wed, currently flying near 102 stages. These days, We predict to see a recovery, if prices crack above 102.10 stages and trying to see a focus on of 103 followed by 103.20 stages in the immediate run. But retaining above 103.20 is complicated as a result of the use of firm level of resistance is placed at that level. On the lower side, crack of 101 stages may induce a clean promoting pressure.

ZINC Mcx July : -
As we predicted last night, short protecting move was on advance. For the everyday period, we anticipate to see the same pattern to proceed until it gets to the 45 day EMA level of resistance of 103 stages. However, incapable to exceed above 104.1 may opposite the existing benefit strength and see costs to turn reduced towards 102.3 followed by 101.20 stages, which is less predicted for the day.