Sure Shot Copper Tips:
COPPER This counter break at this 420.00 level so again up moment in this counter and up side touch at 427.00 level in coming trading session and 408.0 mid side support level in market strong buy in this counter so only buy at level and every level profit book continuous in market .
Sure Shot Zinc Tips:
ZINC This counter some time zigzag trend buy at only lower level and 102.40 level above maintain continuous up trend in this counter and 105.00 level above maintain up side kiss at 107.50 level and break above next resistance at 110.00 level touch at this counter.
Trading range in market 1398.5$ above bullish trend in this counter and up side resistance at 1422$ level but 1398$ below maintain sure touch at 1361$ and 1335$ level touch .
MCX Zinc ended lower by reversing its previous week trend and shall continue its bearish trend in near term. On weekly chart (26 Apr – 30 Apr 2010), Zinc breached and ended below the support line.
Currently commodities markets in India are trading with a mixed trend. 2 out of 4 indexes at MCX are showing a downward trend. At MCX futures, MCXMETAL is trading at 4,138.82, down by 0.13%, MCXENERGY is trading at 2,867.22, down by 0.04% while MCXCOMDEX is trading at 3,217.39 (remain unchanged) and MCXAGRI is currently trading at 2,718.37, up by 0.50% .
The top gainers at MCX are Mentha Oil for December contract (3.12%), Mentha Oil for February contract (3.00%), Mentha Oil for January contract (2.98%), Cardamom for March contract (1.66%) and Cardamom for February contract (1.45%).
Similarly the top losers at MCX are Cardamom for December contract (-2.52%), Natural Gas for February contract (-0.83%), Natural Gas for December contract (-0.80%), Natural Gas for January contract (-0.74%) and Zinc Mini for February contract (-0.37%).
The top gainers at NCDEX are Guar Gum for December contract (3.9%), Guar Gum for January contract (3.9%), Guar Gum for March contract (3.8%), Guar Gum for February contract (3.7%) and Guar Gum for February contract (3.7%).
Similarly the top losers at NCDEX are Maize Feed/ Industrial Grade for April contract (-2.9%), Barley for December contract (-2.2%), Potato for July contract (-1.8%), Chilli for December contract (-1.2%) and Maize Feed/ Industrial Grade for March contract (-0.8%).
On the domestic arena, at MCX, Crude Oil for December contract is trading at Rs 3,979.00 against previous close price of Rs 3,975.00 (up by 0.10%). Crude Oil for January contract is trading at Rs 4,035.00 against Previous close price of Rs 4,029.00 (up by 0.17%). .
Gold for February contract is trading at Rs 20,613.00 against Previous close price of Rs 20,593.00 (up by 0.07%).
Natural gas for December contract is trading at Rs 196.90 against previous close price of Rs 199.30 (down by 1.20%), Natural gas for January contract is trading at Rs 199.90 against Previous close price of Rs 202.10 (down by 1.09%)
