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Thursday 12 July 2012

Best Mcx Commodity Trading Tips - Safal Trading



NCDEX sugar futures in August is around 1 per cent with the business. Of sugar in the futures market price of Rs 3,100 after the selling pressure is seen. Record of the last days of sharp selling pressure after being seen in soybean. Gram due to weakness in the rupee has slipped Vyada half per cent.

Agri commodities at ncdex tips free wheat, potatoes, barley is up with the business. Soybean and mustard is in strong light. Red pepper and turmeric seems the selling pressure.

Beginning with the fall of crude oil. On MCX, crude oil has fallen to 1 per cent to Rs 4700. Naimaks crude oil has recovered, but the price is under $ 85.

International and domestic market in gold is trading weak. Nearly 0.5 per cent on MCX gold is trading close to Rs 29 300. Comaks decline in gold and gold price also is $ 1574.

Silver on MCX seems dull business. Silver's price remains at Rs 52 600. Comaks on businesses with strong light is silver and the price is under $ 27.

With all the base metals business is declining. Nearly 0.5 per cent of aluminum and lead are broken. The zinc, nickel and copper is the weakness of the 0.25 per cent.


The SafalTrading's experts advise to investors -


Potatoes (August futures): Buy - 1224, Target - 1254, stoploss of Rs - 1214

Barley (August futures): Sell - 1400, Target - 1310, stoploss of Rs - 1430

China (August futures) NCDEX: -3070 to 3075 Buy Rs -3 040 stoploss of Rs Rs Rs -3 110 goals

Soybean (August futures) NCDEX: Sell -4330 to 4340 Rs Rs stoploss of Rs -4 370, -4 280 target Rs

Gram (August futures) NCDEX: Buy from -4610 to 4320 Rs -4 560 stoploss of Rs Rs Rs goal -4.700

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