Saturday, 15 June 2013

Saturday 15 June future market tips, commodities update, free copper and crude oil tips

In the last trading day of the week on multi commodity exchange all the precious, base metals and energy goods are looking bullish and opened with a high note, working in a positive direction. 

This whole week a lot of changes have been faced by the commodities many of the times the gold and silver used to do trading in negative side while fluctuating a lot. Most of the time cotton remain looks high but today in early trade it slipped around 50 points at 19390.00 

The base metals status Aluminium up 0.05 point, Copper up 0.10 point, nickel up 0.90 points, lead up 0.35 points and zinc gain 0.10 points for the delivery of June. The food grains on national commodity and derivative exchange showing both the trends up and down. 

 Ncdex sugar may trade positive today, yesterday it traded in range between 3071-3106 for July with open : 3105 High : 3106 Low : 3071 and Close : 3071. The support and resistance for the commodity is 3014 and 3120. 

Sell cotton target 19355 | 19340 | 19330 stop loss 19430 

Buy crude oil target 5663 | 5668 | 5673 stop loss 5640 

Sell chana target 3219 | 3213 | 3207 stop loss 3247 

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1 comment:

  1. Infosys-Appoints Inderpreet Sawhney as group counsel w.e.f July 3, Appoints Karmesh Vaswani as global head-CPG, retail, logistics w.e.f July 15.