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  • Wednesday 22 October 2014

    With the weakness of 0.2 per cent on MCX gold is trading below Rs 27,500. While silver slipped 0.3 per cent to Rs 38 640 break. Although nearly 1 per cent on MCX crude oil is trading at Rs 5070 with. While natural gas is trading at Rs 226.7 climbed 0.5 per cent.

    MCX is seen idling in the base metals. Nickel and zinc is looking marginal gains of 0.1 percent. However, 0.25 percent aluminum, copper and lead 0.3 per cent to 0.2 per cent decline. 

    With nearly 0.5 per cent on NCDEX Chana is trading at Rs 2865. Cotton's move on MCX is flat, and the price seems to Rs 16 240.

    trading tips on this Diwali festival : 

    MCX crude oil (November futures): Sell - 5060, stop loss - 5120 and Target - 4980 

    Nickel MCX (October futures): Buy - 932, stop loss - 922 and Target - 950

    Cotton  (October futures): Buy - 16 150, stop loss - 15800 and Target - 16 540 

    NCDEX chana (November futures): Sell - 2875, stop loss - 2920 and Target - 2820


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