MCX Gold MCX Silver Contract Intraday Trading Tips

MCX India Trading TipsMCX GOLD December contract was trading at Rs 27293 up Rs 87, or 0.32 percent. The GOLD rate touched an intraday high of Rs 27310 and an intraday low of Rs 27211. So far 1962 contracts have been traded. GOLD prices have moved up Rs 194, or 0.72 percent in the December series so far.

MCX SILVER December contract was trading at Rs 37619 up Rs 44, or 0.12 percent. The SILVER rate touched an intraday high of Rs 37641 and an intraday low of Rs 37510. So far 1270 contracts have been traded. SILVER prices have moved down Rs 1501, or 3.84 percent in the December series so far.

Oil prices diverged in Asia on Thursday as a report showing increased production by the OPEC cartel bolstered expectations a supply glut will persist well into next year.

MCX INDIA TRADING CALLS AND COMMODITY TIPS TODAY

  • Sell Menthaoil October below 863 Target 841 Stoploss 875.1
  • Buy Soyarefined November in between 642-642.50 stoploss 639.50 target 647 Current market price-643
  • Intraday Call – BUY SILVER – December (MCX)@ 37600.00, Target: 37900.00, Stop-loss: 37500.00
  • Buy Alumini October in between 101.50-101.60 stoploss 101.10 target 102.50 Current market price – 101.70
  • Intraday Call – BUY ZINC – OCTOBER (MCX) @ 116.75, Target: 117.50, Stop-loss: 116.30

Technica levels: Sup/Res: Gold  @ 26980/27210, Silver @ 36940/37980, Copper @ 344.85/354, Nickel @ 670/689, Crude oil @ 2983/3075, N.Gas @ 161.60/167.

Today Stock Tips

Leave a Reply

Your email address will not be published. Required fields are marked *