Wednesday 7 August 2013

mcx ncdex positonal calls and market intelligance 7th AUGUST

INTRADAY COMMODITY TIPS . MCX SILVER TIPS, GOLD PRICE, NCDEX UPDATES AND CALLS, COPPER UPDATES , LIVE NCDEX , FREE TIPS TODAY 

GOLD 
gold looking on bearish side for Wednesday trade ,intraday support is 27404,27448 and resistance at 27780,27824.

the October contract falls to (-0.34%) and down by 94 RS to its last close 27614 per 10 gram.

Copper 
mcx copper future looking on bearish side and trade with min risk, for intraday you should trade it with min risk ,the support is seen between 420-427 and resistant is 434-440.

copper august contract falls to 1.60 to its previous close 430.80 per kg on 10:39 am Wednesday.

spices 
ncdex chilli traded higher on demand when we saw a heavy rain fall in Kerala ,it is the most traded spice in ncdex ,for some times it prices high because crop damaged due to season .

the August contract for chilli has fallen by (-148 ) rs to its last close 5088 per quintal . The current price chilli price is 4988 per quintal.





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