Thursday, 13 December 2012

MCX Bullion Updates |NCDEX Tips Today

mcx base metal tips today,free gold trading tips,commodity market live updates,ncdex commodity tips today,live trend for mcx

MCX Bullion Tips Today :- In MCX Bullion both gold and silver have volatile trading.we expect precious metal to trade lower due to mixed global market sentiments along with strength in the DX. Worries over US fiscal cliff issue are persistent and making the market participants to adopt cautious approach. In the Indian markets appreciation in the Rupee will exert downside pressure on the MCX prices. 

Commodity Base Metal Updates :- Intraday perspective, base metal prices are expected to trade with a positive bias owing to expectation that the demand might witness an increase after stimulus measure announced by the the US Federal Reserve yesterday along with continued positive data from the key consuming nation might also support prices. Strength in the DX may however restrict gains of the base metal prices. Appreciation in the Rupee will cap gains in the base metal prices on MCX. 

NCDEX Tips :- Turmeric (Apr) Sell Below 6130 for target of 6080 / 6030 with stop loss of 6160. 

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