Monday, 1 July 2013

mcx ncdex updates and calls ||intraday calls|| commodity outlook for 1st july

For Monday evening  session gold recover its position in Indian commodity market and take a bull position to its previous closing value ,today fold recover by 100 points and trade at 25711 per 10 gram at 5 pm onward.We expect it may still shows up move touches the value above 27000 points ,

You can support it at 25500-and resisted at 25700

In NCDEX we may expect jeera shows bearish trend when new crop arrive, it shows a big position for future delivery.

The contract for July delivery was trading at Rs 13220.00, up by 0.02 % or Rs 2.50 from its previous closing of Rs 13217.50. The open interest of the contract stood at 11091.00 lots.

Evening calls :

Buy gold at 25700 tgt 25730,25760,25790 SL 25670

Sell silver at 39980 tgt 39950,39930,39900 SL 40000

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