Monday, 27 May 2013

Commodity Market Live Updates|MCX NCDEX Tips

mcx ncdex commodity tips for today,intraday commodity tips,gold trading tips,free silver tips and trend 27 May

Commodity Market Live Updates :- Commodity market is trading with negative bias today as MCX Gold prices penetrated the stiff support turned resistance line in the past week and closed above the same. Overall price structure is still weak. However, if prices breach and sustain above the previous week high then price reversal can be seen i.e. more buying can be seen in the counter. 
Silver Mcx July contract has broken multi month low and also broken trend line support 4370 , if market hold and sustains below this level then further down side is clearly visible till 37811. Traders are advised to sell on pullback with stop above 44700. Immediate support is seen near 41700 and 41300 range while resistance near 43600 &44200. 

MCX NCDEX Tips :- Short crude 5249-259 stop loss 5269 target 5204,5171. NCDEX Turmeric sell below 5790 for target of 5310 with stop loss of 6110. 

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