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Friday, March 1, 2013

28-02-13 intraday mcx natural gas|cotton|mentha oil| tips and commodity gold silver movement


Today UNION budget will going to announce and positive report is expected from that, on MCX gold is open slightly down from its close 29743 and it open at 29703. Today gold showing strong uptrend and oscillator showing buy signal.

Buy gold above 29800 tgt 29850, 29900, 30000……………sl 29600

Silver for March contract is going to boom today in positive direction. On MCX silver is expected to go high , today it open on 53800 and on intraday it touch a high of 54086 , its previous close is 53786.

Buy silver above 53950 tgt 54050, 54150, 54300………….sl 53600

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Today for 19 march delivery crude oil open at 5012 its previous close 5007. Today most commodities are expected to go higher on intraday and crude is looking on to go upside with a small movement.

Buy crude oil above 5015 tgt 5125, 5035, 5050…………..sl 4970

Mentha oil and natural gas showing little red sign, but a positive movement is expected in mentha oil for 30 March.  On natural gas it opens at 190.20 and its touch an intraday low of 185.50.

Sell mentha oil below 1235 tgt 1230, 1220, 1210…….sl 1260
Sell natural gas  below  186 tgt 185, 184, 183…………..sl 189
Buy cotton above 18450 tgt 18460, 18480, 18500……..sl 18400

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