mcxtips

mcx tips

gold tips prices have resistance at $1353 i.e. Rs.30700 and selling can be seen
there. On lower side prices can dip to $1326 i.e. Rs.30050. Prices should not
move above $1366 i.e. Rs.31100 to maintain negative outlook. Prices are
expected to remain weak and can test $1307 in coming days


MCXTIPS; Silver prices gave breakdown below $23.0 i.e. Rs.53000 and fell to $22.5 i.e.
Rs.51300. prices now have crucial support at $22.40 i.e. Rs.51000 around
and fresh selling can be seen only below this for 21.80 i.e. Rs.49800. Prices
on higher side can give breakout above $22.80 i.e. Rs.52100 and can test
$23.20 i.e. Rs.52800.

MCX TIPS COMMODITY UPDATE 27JULY 2013; CRUDE OIL

  Crude oil futures fell in the domestic market on Friday amid fears that a cut in production capacity at Chinese factories may crimp the demand for the fuel in the world’s second biggest economy. China on Thursday cut excess production capacity in more than 1400 companies in 19 industries, a sign that policymakers are shifting to slower economic 
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Comex Gold climbs as US jobless claims risWith the number of individuals filing for initial jobless claims climbing by 7000 to a seasonally adjusted 343,000 last week, in US, gold futures advanced.

The termination of Quantitative Easing measures announced by the US Federal Reserve has been tethered to job market recovery in US. US Federal Reserve Chairman had clarified in a testimony this month that the continuation of QE measures would be dependent on incoming job and inflation data as well as housing data.

The claims have climbed which would prompt the Federal Open Market Committee to refrain from hitting the breaks on QE measures, markets believe. The measures involve a scheme to buy Mortgage Backed Securities and US Treasuries for an extended period of time. FOR FREE MCX TIPS  Forex Tips, Intraday Tips., Mcx gold tips, MCX Tips, NCDEX Tips, nifty free tips,Option tips, Share Market Tips, Share Tips, shares tips, Stock Tips

MCX COMMODITY UPDATE 27 JULY 2013 :NATURALGAS

Natural gas prices tracked lower on Thursday on sentiments that milder temperatures that are currently edging out a heat wave over the eastern U.S. will cut into the need for gas-fired electricity generation in the coming weeks.

Unseasonably warm summer temperatures in the U.S. normally send prices gaining as businesses and homes ramp up their air conditioners, while milder temperatures have the reverse effect. Try once mcx Research to get most profitable calls and tipsMCX Tips, Stock Tips, Forex Tips ,NCDEX Tips, Share Tips, commodity tips free trial,Option tips ,Mcx gold tips, nifty free tips,shares tips, Share Market Tips, Intraday Tips. Subscribe With us to judge most profitable call here

MCX COMMODITY UPDATE 27 JULY 2013 :OIL

 crude oil prices fell on Thursday data U.S. data revealed slightly more individuals sought unemployment assistance for the first time last week, though better-than-expected durable goods data curbed losses.

On the New York Mercantile Exchange, light sweet crude futures for delivery in September traded at USD104.97 a barrel during U.S. morning trade, down 0.40%. 

The September contract settled down 1.72%, at USD105.39 a barrel on Wednesday.

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MCX COMMODITY UPDATE 27 JULY 2013 :LME COPPER

Three-month copper on the London Metal Exchange  eased 0.9 percent to $6,995.25 a tonne by 0107 GMT. The contract hit $7,119 on Wednesday, its highest since June 18, before cutting gains at the close. Try once mcx Research to get most profitable calls and tipsMCX Tips, Stock Tips, Forex Tips ,NCDEX Tips, Share Tips, commodity tips free trial,Option tips ,Mcx gold tips, nifty free tips,shares tips, Share Market Tips, Intraday Tips. Subscribe With us to judge most profitable call here 

MCX COMMODITY UPDATE 27 JULY 2013

The euro was at sub 1.32 to the dollar. The dollar index rose marginally to 82.30 levels. The dollar yen was at 100 mark.

 

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CLOSING RATE ON 25/07/2013
GOLD 27404
SILVER 41438
COPPER 417.50
CRUDE OIL 6261
NG 216.30
LEAD 109.20
ALU 105.50
ZINC 109.20
NICKEL 833

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