Crude Oil Trend and MCX NCDEX Tips Today
Despite the weakness in the international market trends in the domestic market is booming in gold and silver. The decline in rupee against the dollar has supported the gold and silver. Crude oil in the domestic market has also been strengthened. Gold is trading at 31920 with a gain of 0.2 percent on MCX exchange and with 0.15 percent of price hike the silver at MCX is trading at Rs 63400. MCX crude oil is trading at Rs 5370 (Live Price of Crude Oil). Natural gas has gained 1 percent. MCX is looking strong with 0.1-0.3 percent gain in the base metals.
MCX Natural Gas & Crude oil Tips For Today
Natural Gas MCX (September Futures): Buy – 162, stoploss – 155 Target – 177
MCX Crude oil (September futures): Sell – 5400, stoploss – 5439 and target – 5280
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MCX NCDEX Tips for Wednesday 30 May 2012
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MCX Gold Trading Strategy: Buy above 29110, Stop loss 29050, Target 29170
MCX Silver Trading Strategy: Buy above 54800, Stop loss 54500, Target 55100
MCX Copper Trading Strategy: Buy above 428.50, Stop loss 426.50, Target 430.50
MCX Lead Trading Tips: Sell below 108, Stop loss 108.50, Target 107.50
MCX Zinc Trading Tips: Sell below 105.90, Stop loss 106.30, Target 105.40
MCX Aluminum: Sell below 110.20, Stop loss 110.60, Target 109.80
MCX Crude Oil Trading Tips: Buy above 5115, Stop loss 5090. Target 5140