Thursday 13 September 2012

CURRENT UPDATE OF COMMODITY MARKET


Commodity market is showing growth in every trend except from silver.  MCX gold is still in profit and going down in spite of going up. MCX gold goes with 15 points plus and trading in 31881 Rs per 10 grams and still moving up. MCX silver lost 88 points and moving up with 0.2 percent and trading in 63210 Rs while crude oil gains 75 points and trading on 5428 Rs.
On the other hand, Aluminium gains 0.5 Rs per kg and trading in 114.55 rupees. Nickel is still same as morning and trading in profit of 4.9 Rs and zinc is trading in 110.5 Rs wit growth of 0.6rupees while gold and copper fell down.


SELL MCX SILVER ABOVE 63160 TAGETS 63110, 63940 AND STOP LOSS 63210.

BUY GOLD OCT ABOVE 31890 TARGETS 31913, 31938 , 31966 STOPLOSS 31847

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