MCX NCDEX tips,free commodity tips,base metal tips today,live updates for commodity market
Commodity Market is trading with consolidate trend.Currently Gold is trading at positive note while silver is trading with negative note.mcx gold future today closed at 30833 with gains.today we seen lows near 30700 while high was nearly 30900.as we given in weekly analysis our contra call played it role and now watch tomorrow for 31,000 and 31,300 as targets.on chart 30750 is small support and stoploss for intraday traders.
Base Metal updates :- mcx copper feb expiry future closed at 443.5 with gains.in last minute spike and closing at day high suggest breakout and now 448-450 are intraday targets tomorrow with stoploss below 442.
mcx nickel jan expiry future closed at 946.8 with loss.here trend and momentum is bearish and this underperformance now look may continue till major supports.for tomorrow below 950 may show us 940-930 levels.
NCDEX Tips :- Soybean Jan Sell 3299 for target of 3220 with stop loss of 3330.
MCX Tips :- Gold (Feb) Buy Around 30750 for target of 30800 / 30850 with stop loss of 30710.
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