The mcx commodities are seeing to be in negative side, all precious metals, base metals, oil and energy products used to do trading in a down side. At 11:07 am the precious metals gold drop around 0.47 percent and silver drop by 0.33 percent. At national commodity and derivative exchange caster seed is looking bearish where the coriander is looking bullish for all season contracts.
Sell mentha oil target 985/980/975 stop loss 1010
Buy cotton target 19220/19230/19240 stop loss 19150
In share market the 50 index nifty and 30 index is used to work in a downward direction. The nifty fall by 41.05 points at 5747.75 and sensex fall by near around 151.57 points at 18991.43. Most of sectors are looking bearish today and running in a same position from early trade.
Buy dlf target 194.6/199.6/204.6 stop loss 169.6
Sell coal india target 295/290/285 stop loss 320
Today market opens with a red sign. In the morning time both nifty and sensex worked in a negative side but as the time passes away they recover their position and at 2:42 pm nifty gain 2.55 and sensex gain 11.44 points.
There is a lot of fluctuation has been seen in the market. The sectors are showing both the trend positive and negative. It sector is down while the oil and gas sector is looks up. The auto sector also gains 11.14 points at 11032.53.
Gainers : Dlf (2.95%), Reliance (2.30%), Sun Pharma (2.23%), Gail (1.82%), JP Associate (1.74%)
Losers : Ambuja cement (2.35%), Acc (1.345%), Ultratech Cement (1.26%), Axis Bank (1.14%), HCL Tech (1.03%)
Buy dlf target 209.05 stop loss 89.05
Sell Acc target 1194.6 stop loss 1212.6
In the morning session some commodities showed buy trend while some sell trend but as the time passes all the products have change their direction towards positive side and start working on it. At 2:54 pm all the mcx products are trading in a positive side. All are looking bullish for the future contract delivery.
Buy silver target 44045/44070/44085 stop loss 43916
Buy nickel target 873.8/874.3/875.3 stop loss 868.8
FOR MORE SHARE MARKET AND COMMODITY MARKET TIPS………
Yesterday, the share market closed in a green sign with a high note. The nifty was closed at 5983.55 up by 16.50 points or 0.28 percent and the sensex was closed at 19704.33 up by 30 points.
The Airline company spice jet have ranked number 3 in local share market, the total net loss for the three month to March is narrowed to Rs. 1.86 billion from Rs. 2.49 billion a year.
The Asian market showed both the trend up and down. Yesterday Nikkei 225 closed at 14612.45 up 128.47 points and Shanghai Composite at 2288.53 up 12.86 points. Rather than these Straits Times, Hang Seng and Taiwan Index ended with negative sign.
The sectors like Bank nifty, Oil and Gas, Consumer good and Bse metals were up where the IT sector, Auto sector and Healthcare were down.
Gainers : Maruti, Tata steel, Tata Power, Lupin, LT
Losers : Sunpharma, Bhel, Cipla, TCS, Ranbaxy
CALLS FOR MONDAY 27 MAY 2013
Buy DLF Target 222.15, 234.15 Stop Loss 189.15
Sell TCS Target 1462, 1454 Stop Loss 1492
At multi commodity exchange the precious metal gold and silver both are trading in a down side today, the base metals are showing the up and down both trends.
In the energy products the crude oil seems bullish while the menthe oil seems bearish and traded in a same condition, mentha oil has been followed by the natural gas i.e. natural gas is also looking bearish.
Cotton drop by 130 points for the delivery of may month and it is expected that it may trade in a same direction.
Sell Copper Target 17960/179500/17940 Stop Loss 18010
Buy Crude Oil Target 5274/5279/5285 Stop Loss 5218
