Thursday 31 July 2014

mcx silver september rise 0.6% , USD dollar strong


mcx commodity silver rise more than 300 point september contact , open at 44335, and made high 44793 , low of day is 44272, gold traded at 27883 and made high 27900, low of day is 27752.

today afternoon time usd index strong than rupee, now rupee traded at $60.41, nymax silver $20.73
base metal trend:
mcx copper looked positive trend, aluminum, nickel, zinc and lead was down trend.
Crude oil trend and tips:
crude oil prices down sharply on mcx at 6025, while nymax crude oil was down below 100 below at 99.25.
commodity calls for trading:
buy gold above 27850 target 27900/27950/28000
buy silver above 44600 target 44800/45100 stoploss 44350
buy crude oil 6010 target 6050/6080/6100 stoploss 5980
buy copper above 435 target 438/440/443 stoploss 430

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