Monday 23 July 2012

MCX Bullion And Base Metal Tips and Updates For Today

free mcx commodity tips for today,mcx bullion trend,base metal updates,ncdex agri tips,live mcx gold tips for today

Mcx Bullion Updates and Trend :- Today bullion metal is expecting to trade with bearish note due to strength in the DX along with bearish global sentiments. However, depreciation in the Indian markets will cushion sharp fall in the precious metals on MCX. 

Mcx Base Metal Updates :- We expect base metals pack to trade on a negative note on the back of weak global markets sentiments along with strength in the DX. Additionally, Chinese economy is expected to grow at slow pace in third quarter which will also exert downside pressure on the prices. Depreciation in the Indian Rupee will restrict sharp fall in prices in the Indian markets. 

Mcx Tips For today :- Gold Sell at 29370, Stop loss 29430, Target 29310. 

Mcx lead Sell at 104.30, Stop loss 104.80, Target 103.80. 

Mcx Crude Oil Sell below 5040, Stop loss 5070, Target 5010. Else Crude oil Buy above 5085, Stop loss 5050, Target 5110. 

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