Crude prices last traded near 104.82 $ per barrel at the international commodity market. The commodity MCX Crude future prices going to result in fall on profit booking and could touch 4500-4400 levels within next few trading days.
he Bullion trend of commodity market for Gold prices and Silver prices is Consolidate according to market sentiments. The near term for it is showing sentiments of buying on dips.
Commodity Gold price at MCX rebounded from early losses on Wednesday and Silver price slipped by almost 2% at MCX Index on Wednesday and same is with Crude oil its showing weak market sentiments in the US economic data and the base metals reports for Copper is showing growth concerns.
The commodity guarseed prices has done higher intial trade and finally showed the recovery all the gains on yesterday's trading sessions by reversing the previous trend. It made a low of 3193 then high of 3246 settled at 3211.
Commodity and Stock Tips For the day to all The traders. All Stock & Commodity Tips, Live Market Price, Stock Trend, Commodity Trend You can get form here. MCX Commodity - Gold, Silver, Zinc, Lead & all MCX Products Tips We Provide along With Stock Tips.
The Commodity analyst advise Short term traders that they can buy MCX Natural Gas April contract near 192 with stop loss of 184 and can wait for target of 203.
The commodity Base metals delivered jumped to a positive performance on the LME mainly due to weak US dollar and buying is seen at lower levels of commodity MCX. This commodity trade factor helped base metal prices to move in the northward direction yesterday.
If we hear to the reports of LME, we get shocked to hear that even a single company has the potential to wield 89% Lead in warehouses under the scanner of LME and the reports reveals that the position is worth $704 million when calculated in current value terms.
Commodity crude oil at yesterday settled almost flat at 5000 in the yesterdays trading season. In daily chart market fails to close below short and medium term moving averages indicating strength in the trend.
The commodity prices of Gur at NCDEX opened at 1056 per quintal for July and it made an intraday low of 1038 but it started trading up side and made an intraday high of 1061 and still expected to trade up side. the reason for this is profit booking by some people.
MCX Prices for commodity copper settled at upside price level of 422.65 and made high of 424 during yesterday. Thus Copper Prices are seen to be in a bullish level trend.
The commodity MCX contract of Crude Oil Futures for May is closed on Thursday at a price of 4577 rupees per barrel and Showed a Downfall of 6% in the market. The commodity contract opened this morning at a flat price of 4975 Rs and made the intraday high with same level with a last traded price of 4444 Rs which is Fall by 133 rupees after an intraday low of 4219.
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