Monday 18 June 2012

MCX Tips and Updates : Crude Oil up Today

NCDEX agri Tips Today,mcx bullion trend,free gold tips,silver trend today

Today Due to Greece elections Oil prices staged a relief rally in the early MCX trading session.Oil prices are expected to remain little changed this week, with US crude futures seen oscillating in a tight range around USD 84 a barrel, as investors await the outcome of Greece`s weekend elections. 

MCX Gold Trend And Updates - At the Multi Commodity Exchange, the yellow metal had closed at Rs 30,154 on Saturday.Mumbai spot gold was trading higher by by Rs 9 to Rs 2,927 a gram at 9 am on Monday.US gold spot price was at $1,622 a troy ounce at 9 am on Monday, down by $4 from Friday’s close.Rupee may appreciate backed by a possible cut in key rates by RBI in its meeting today. If it happens, it will pull down gold prices. MCX gold August contract may move towards Rs 30,080 per 10 gram. 

MCX Tips For today :- Sell MCX gold below 29970, Stop loss 30040, Target 29900. 

Sell MCX silver below 54300, Stop loss 54500, Target 54100. 

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