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intraday mcx trading, mcx tips with 100 accuracy, free trial commodity tips, today commodity tips, mcx intraday tips

MCX Gold trading in India, the world's biggest consumer, drifted back to the market on Friday as prices eased from their highest level in more than two months, dealers said.
The most-traded gold for April delivery on the Multi Commodity Exchange (MCX) was trading 0.37% lower at Rs 28,253 per 10 grams, falling from the previous day's two-month high of Rs 28,512.
Demand is better than last two days as prices have cooled off a bit," said a dealer with a private bullion importing bank in Mumbai.
The dealer expects the momentum to continue in coming sessions, but added "a lot will depend on prices."
Silver also fell tracking the yellow metal.
Silver for March delivery on the MCX trading 0.41% lower at Rs 56,941 per kg.

Commodity Rs (%Chg) Unit
Gold - 5 Apr 28254.00 (0.07%) 10 grams
Silver - 5 Mar 56851.00 (0.11%) kg
Crudeoil - 20 Feb 4926.00 (0.43%) barrel
Naturalgas - 24 Feb 123.80 (0.08%) mmbtu
Copper - 29 Feb 424.20 (0.01%) kg

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CRUDE (FEB)
As mentioned last week, below 5050 to be selling opportunity, and it made a low of 4710 and almost gained more than 300 points sharply. Now in this week, consider resistance at 4960, positive bias only above that level...downside support at 4500.
: Today :
Some selling pressure at higher level continue
Resistance 4950-5000
Support 4855
COPPER (FEB)
Trend is very choppy and last week once broke 417, non-stop slide was seen up to 410, but again it took support and made a close at 420. We recommend traders to buy on decline as long as holds 408... for target 425-432-442 in coming days.
: Today :
Decline to best buy...
Do not panic at lower level.
Above 427 super hot buy
For target 450+
NICKEL (FEB)
Some support at lower level and big move was seen last week, which resulted in it making a high of 1072 and closing at 1043. In this week, consider resistance at 1060-1070 and support at 1000.
: Today :
Now resistance 1099-crossover immediate target...
Downside support 1060-1050 watch out.
 
NATURAL GAS (FEB)
Sell on rise strategy... Higher level of 1400-142 to watch out... Downside support at 120 - once break and trade below further fall on the card.
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PRECIOUS METALS

· Gold & Silver after Greek leaders postponed yesterday's meeting, markets have grown anxious that agreement and the resolve to adopt the required austerity measures is lacking. The EU has suggested a deal should be reached by 15 February to ensure that the necessary arrangements are made before Greece makes a critical bond payment on 20 March. Eventually these concerns should see renewed interest in precious metals. However, any upside could be dampened if the dollar should push higher owing to the same concerns.
· Gold MCX Apr Support @ 2802027678-27486 Resistance @ 28554-28746-28938
· Silver MCX Mar Support @ 56471-55546-55082 Resistance @ 57860-58324-58789
· Gold COMEX Support @ $1705-1695 Resistance @ $1732-1749
· Silver COMEX Support @ $32.89-32.52 Resistance @ $33.75-34.23

BASE METALS

· A modest IMF downgrade to China's growth outlook and concerns over the pace of global industrial output from the Chinese Ministry of Industry and Information Technology weighed on much of the base metals complex during overnight trade. The metals have continued to come under pressure ahead of US trade with Greece again the main focus of the markets. Until there is clarity regarding the debt situation, the metals are likely to remain nervous, something underscored by the relatively light turnover seen this morning.
· Copper cancelled warrant activity in the US continues to be a feature of the market. Assuming some metal is destined to cover shorts from the temporarily shuttered Pasar smelter in the Philippines, and assuming some is for LME-COMEX arbitrage related activity, the key will be how much metal is actually exported. Delivering into Asia doesn't make any sense financially at the moment but could be part of a longer game. That said however, with some newswire reports suggesting Chinese smelters are looking to export metal owing to weak domestic demand, it could be a very long game indeed and remains unlikely in our view. The other potential, or rather additional, reason behind the cancellations could be that given the queue situation at many LME warehouses, the metal moves location so as to become more readily accessible in the future, but doesn't leave the US. This has the side-effect of flattering LME stocks, while at the same time helping firm up regional premiums.
· Price-wise, copper has fallen below $8,400 ahead of US trade, with the metal dragging lead, nickel and zinc down with it. Aluminum has managed to tread water, with the recent capacity closure announcements perhaps insulating the metal from the more bearish elements of the market.
· Copper MCX Feb Support @ 416-411-408 Resistance @ 423-426-429
· Nickel MCX Feb Support @ 1052-1039-1030 Resistance @ 1075-1084-1094
· Lead MCX Feb Support @ 105.90-104.85-104 Resistance @ 107.75-108.55-109.35


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MCX GOLDGUINEA February contract was trading at Rs 22582.00 down Rs 40.00, or 0.18%. It touched an intraday high of Rs 22670.00 and an intraday low of Rs 22572.00.

MCX GOLDGUINEA March contract was trading at Rs 22772.00 down Rs 41.00, or 0.18%. It touched an intraday high of Rs 22853.00. and an intraday low of Rs 22755.00

MCX GOLDGUINEA April contract was trading at Rs 22998.00 down Rs 19.00, or 0.08%. It touched an intraday high of Rs 23070.00 and an intraday low of Rs 22971.00.

Commodity Rs (%Chg) Unit
Gold - 5 Apr 27893.00 (0.25%) 10 grams
Silver - 5 Mar 56145.00 (0.03%) kg
Crudeoil - 20 Feb 4768.00 (0.65%) barrel
Naturalgas - 24 Feb 122.90 (0.90%) mmbtu
Copper - 29 Feb 419.55 (0.01%) kg
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Comments

MCX SILVERMIC February contract was trading at Rs 56577.00 down Rs 261.00, or 0.46%. It touched an intraday high of Rs 56820.00 and an intraday low of Rs 56480.00
Gold demand in India, the world's buyer of bullion, edged up as a stronger rupee made the dollar-quoted yellow metal cheaper.
The most-active gold for February delivery on the Multi Commodity Exchange (MCX) was 0.06% lower at Rs 28,066 per 10 grams, after hitting a low of Rs 27,998 earlier.
"Demand is pretty good as rupee is favouring," said a dealer with a private gold importing bank in Mumbai.
The Indian rupee, which rose past 49 to the dollar in early trading, plays an important role in determining the landed cost of the yellow metal.
The wedding season is under way in India and will last till May. There are a few festivals also during this period.
Silver for March delivery on the MCX was down 0.49% lower at Rs 56,556 per kg.

Commodity Rs (%Chg) Unit
Gold - 4 Feb 28155.00 (0.26%) 10 grams
Silver - 5 Mar 57226.00 (0.69%) kg
Crudeoil - 20 Feb 4725.00 (2.80%) barrel
Naturalgas - 24 Feb 123.80 (3.60%) mmbtu
Copper - 29 Feb 411.40 (1.74%) kg
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Comments

MCX GOLDM February contract was trading at Rs 28102.00 up Rs 60.00, or 0.22%. It touched an intraday high of Rs 28158.00 and an intraday low of Rs 28065.00.
MCX GOLDM March contract was trading at Rs 28318.00 up Rs 62.00, or 0.22%. It touched an intraday high of Rs 28377.00 and an intraday low of Rs 28281.00.
MCX SILVERM February contract was trading at Rs 57222.00 up Rs 218.00, or 0.38%. It touched an intraday high of Rs 57319.00 and an intraday low of Rs 56998.00
MCX SILVERM April contract was trading at Rs 58472.00 up Rs 231.00, or 0.40%. It touched an intraday high of Rs 58556.00 and an intraday low of Rs 58267.00.
MCX SILVERM June contract was trading at Rs 59401.00 up Rs 224.00, or 0.38%. It touched an intraday high of Rs 59525.00 and an intraday low of Rs 58406.00

Commodity Rs (%Chg) Unit
Gold - 4 Feb 28061.00 (0.01%) 10 grams
Silver - 5 Mar 56468.00 (0.92%) kg
Crudeoil - 20 Feb 4925.00 (0.40%) barrel
Naturalgas - 24 Feb 125.60 (9.12%) mmbtu
Copper - 29 Feb 417.15 (0.96%) kg
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Comments

MCX SILVERM February contract was trading at Rs 56760.00 up Rs 346.00, or 0.61%. It touched an intraday high of Rs 57264.00 and an intraday low of Rs 56589.00.
MCX SILVERM April contract was trading at Rs 57946.00 up Rs 345.00, or 0.61%. It touched an intraday high of Rs 58490.00 and an intraday low of Rs 57920.00.
MCX SILVERM June contract was trading at Rs 58887.00 up Rs 379.00, or 0.65%. It touched an intraday high of Rs 59340.00 and an intraday low of Rs 58887.00.
MCX GOLDM February contract was trading at Rs 27817.00 up Rs 229.00, or 0.83%. It touched an intraday high of Rs 28030.00 and an intraday low of Rs 27596.00.
MCX GOLDM March contract was trading at Rs 28027.00 up Rs 240.00, or 0.86%. It touched an intraday high of Rs 28240.00 and an intraday low of Rs 27846.00.
MCX GOLDM April contract was trading at Rs 28230.00 up Rs 265.00, or 0.95%. It touched an intraday high of Rs 28371.00 and an intraday low of Rs 28140.00..

Commodity Rs (%Chg) Unit
Gold - 4 Feb 27985.00 (0.10%) 10 grams
Silver - 5 Mar 57198.00 (0.06%) kg
Crudeoil - 20 Feb 4942.00 (0.06%) barrel
Naturalgas - 24 Feb 136.80 (1.41%) mmbtu
Copper - 29 Feb 4 25.15 (0.09%) kg
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The European markets traded lower today as investors are focusing on the outcome for the Federal Open Market Committee meeting.
Spot Gold prices retreated from its earlier gains and came under pressure today, mainly on account of a stronger dollar and mixed sentiments in the global markets. The yellow metal touched an intra-day low of $1651/oz and was trading at $/1652oz. On the MCX, Gold February contract dropped by 0.6 percent and was hovering around Rs27,210/10. Silver prices declined around 0.4 percent today, taking cues from fall in gold prices, a stronger dollar and downside in base metals. The white metal touched an intra-day low of $31.62/oz and was trading at the level of $31.70/oz. MCX Silver March contract slipped around 0.8 percent and touched a low of Rs54,866/kg .

Commodity Rs (%Chg) Unit
Gold - 4 Feb 27630.00 (0.90%) 10 grams
Silver - 5 Mar 56447.00 (1.95%) kg
Crudeoil - 20 Feb 4991.00 (0.32%) barrel
Naturalgas - 24 Feb 137.30 (3.31%) mmbtu
Copper - 29 Feb 423.45 (0.24%) kg
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Comments

Gold
Weakness in the US dollar helped gold prices to witness gains in the international markets on Monday. A weaker dollar makes dollardenominated commodity cheaper for the holders of the other currencies. Additionally, rise in crude oil prices also boost inflationled demand for gold yesterday. The yellow metal touched an intraday high of $1680/oz and closed at $1675/oz on Monday. On the MCX, Gold February contract rose around 0.2 percent yesterday as further gains were capped due to appreciation in the Indian Rupee. The yellow metal touched an intra-day high of Rs27,593/10 gms and closed at Rs27,509/10 gms yesterday. Holdings in the New York's SPDR Gold Trust, the world's largest goldbacked exchange-traded-fund, declined about 0.4 percent to 1,251.52 tonnes on 23rd January 2012 from 1,255.64 on 20th January.
Silver
Spot silver prices rose around 0.7 percent on Monday, on the back of rise in gold prices coupled with a weaker dollar. Additionally, silver being an industrial metal also took cues from upside on base metals. The white metal touched an intra-day high of $31.74/oz and closed at the level of $31.2/oz yesterday. On the MCX, Silver March contract rose around 1.3 percent and touched an intra-day high of Rs56,489/kg on Monday.
Today we are execting Gold Silver prices trading are lower.
Commodity Rs (%Chg) Unit
Gold - 4 Feb 27366.00 (0.52%) 10 grams
Silver - 5 Mar 55349.00 (0.39%) kg
Crudeoil - 20 Feb 4973.00 (0.94%) barrel
Naturalgas - 24 Feb 132.40 (2.48%) mmbtu
Copper - 29 Feb 422.20 (0.25%) kg
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