Friday 12 April 2013

12 April’13 Precious Metal | Cotton update | Today’s Mcx calls

Today on Friday market seems very fluctuating. The base metals are working in a positive zone having uptrend. The yellow metal gold is also looking bullish today where the other precious metal silver is bearish. 

In the global market the price of the metals for future delivery is going down. Jeera is showing highly uptrend considered a good volume with a support of 13664 and resistance of 14021. 

MCX Cotton (April) slipped by 90 points to Rs. 18880.00 takes a high of 19500 and low of 16700 with an open interest of decrease by 0.61%. 

BUY GOLD ABOVE 29200
TARGET 29210/ 29220/ 29230 STOP LOSS 29160 

SELL SILVER BELOW 51566 
TARGET 51556/ 51546/ 51536 STOP LOSS 51646 

BUY COPPER ABOVE 412.25 
TARGET 412.75/ 413.25/ 413.75 STOP LOSS 4098.25 



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    CapitalStars

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