Todays commodity tips for trading
1. MCX Gold are expected to trade sideways taking cues from international markets. Support at 26800/26680, Resistance: 27050/27150
2. MCX Copper prices are expected to trade higher taking cues from international trends, Support 372/368, Resistance: 377/380
3. MCX CrudeOil prices are expected to trade lower taking cues from weak international markets. CrudeOil Outlook
4. MCX Gold June trend is Up today with support at 26800 and 26680, Resistance at 27050 and
27150. Buy on Dip suggested by pinnacleindore
5. MCX Call: Buy MCX Zinc Apr Intraday between 137.90-138.10, Target at 141-141.10 and Stoploss 137.
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The Soybean harvest will probably total 10 million tonnes to 12 million tonnes annually over the next five years, yielding about 7 million tonnes of feed. Domestic demand for the Feed has expanded by 12 per cent a year in the past decade and may jump to seven million tonnes in 2019-2020.
The broader 50-share Nifty closed above 8600 for the first time since April 20. It closed up 84.25 points at 8,608.05.
The 30-share BSE Sensex ended the day up 247.83 points, or 0.88 per cent, at 28,446.12. This was the highest close for the benchmark since April 17.
Short term support is seen at 4500 and resistance at 4670. Intra day support is seen at 4550 and resistance at 4590,Milan Shah, agri research analyst at commodity Online, said. NCDEX Chana July contract was seen trading up 0.2% to 4573 level on Friday
Gold can move in range of 25000-25300 in MCX, as per SMC Global forecast. MCX Gold has been trading down by -2.15 per cent to 24949 level on Monday
mcx gold tips visit here http://www.pinnaclefinancial.in/mcx-intraday.php
Fag-end buying in blue chip stocks helped the S&P BSE Sensex settle an otherwise listless day up 75.05 points, or 0.27 per cent, at 28,298.13.
Stock and Commodity tips visit here http://stock-tips-guru.blogspot.in/2015/08/indian-share-market-up-91-po…
On domestic bourses, movement of the local currency rupee can impact the prices which can move in the range of 63.3–63.85 in the near term. Meanwhile, the dollar index can move in the range of 97-99 levels in the near term. Gold can move in the range of 23800-25100 while silver can move in the range of 33500-34400, according to SMCGlobal.
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