mcx bullion tips for today 26 september,gold trading tips for today,ncdex agri tips,commodity market trend for today tomorrow,crude oil updates
Today mcx commodity market (Gold, silver ) have up trend opening,both trading at higher level from previous session.Gold importers in India retreated on Tuesday after booking deals as prices recovered partially from their lowest level in two weeks.
MCX Base Metal Updates :- today mcx base metal segment is trading slightly at lower level . Copper was showing marginal declines but nothing much to indicate a clear cut bearish pressure on the prices. Metals were in green last night followed by short covering even though Dollar showed strength against the Euro. The reason for the increase in metals on Tuesday was US consumer confidence data that came in stronger than expected.
Copper Updates :- Copper futures ended at Rs. 445 per kg, up 0.56%. The prices are supported at Rs. 440 per kg. Resistances for the contract are atRs. 446.
Zinc Updates :- Zinc futures gained 1% to end at Rs. 111.9 per kg last night. Supply zone for Zinc are at Rs. 113.4 and 114 per kg levels. Supports will emerge at Rs. 109.7 and Rs. 110 per kg.
NCDEX Commodity Updates For Today :- Chana Oct’12, Futures prices surged by 63 rupees to close at Rs 4447 levels.NCDEX chana has First resistance is at Rs 4493 level and next one is at Rs 4540 levels. Support is witnessed at Rs 4378 violation of this could correct to next support of Rs 4310 levels.
NCDEX Tips :- NCDEX chana Sell below 4493 for target 4378 / 4310 with stop loss of 4546.
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