Gold dips on US rate hike expectation 02/06/2017

Gold dips on US rate hike expectation
02/06/2017

Gold futures closed lower in the domestic market on Thursday as a robust snapshot of private-sector hiring provided support for the dollar and backed expectations for a U.S. interest-rate hike later this month—souring investor appetite for the yellow metal a day ahead of the much-anticipated May jobs report.The payrolls report due Friday is largely expected to include strong enough numbers that would all but confirm the Federal Reserve’s willingness to raise interest rates in two weeks, as the central bank has signaled in member speeches.At the MCX, gold futures for June 2017 contract ended at Rs 28630 per 10 grams, down by 0.74 per cent, after opening at Rs 28,770 against a previous close of Rs 28,843. It touched the intra-day low of Rs 28,550.

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Aluminium futures keep head above water 02/06/2017

Aluminium futures keep head above water
02/06/2017

Aluminium futures were little changed during morning trade in the domestic market on Friday as investors and speculators started building up fresh positions in the industrial metal amid rise in physical demand for aluminium at the domestic spot market.
Further, a surge in physical demand for aluminium at the domestic spot market was led by widening of positions by traders in the spot markets, supported aluminium prices at futures trade.
At the MCX, aluminium futures for June 2017 contract is trading at Rs 124.25 per kg, up by 0.04 per cent, after opening at Rs 124.15, against a previous close of Rs 124.20. It touched the intra-day high of Rs 124.25 (at 10:59 hours).

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Hot Naturalgas Tips, 2nd session: 2.JUNE.2017

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 COPPER TREND - UP
 CRUDEOIL TREND - DOWN
 GOLD TREND - UP

11:56 AM INTRADAY Buy ALUMINIUM (JUN) SA 124.3 SL 124.0 Target 124.8 / 125.2
11:56 AM INTRADAY Short ALUMINIUM (JUN) SB 123.9 SL 124.3 Target 123.4 / 123.0

11:56 AM INTRADAY Buy COPPER (JUN) SA 368.0 SL 366.2 Target 369.0 / 370.5
11:56 AM INTRADAY Short COPPER (JUN) SB 365.7 SL 367.4 Target 364.7 / 363.2

11:56 AM INTRADAY Buy CRUDEOIL (JUN) SA 3213 SL 3161 Target 3227 / 3242
11:56 AM INTRADAY Short CRUDEOIL (JUN) SB 3145 SL 3197 Target 3131 / 3116

11:56 AM INTRADAY Buy GOLD (JUN) SA 28682 SL 28595 Target 28707 / 28727
11:56 AM INTRADAY Short GOLD (JUN) SB 28570 SL 28657 Target 28545 / 28525

11:56 AM INTRADAY Buy LEAD (JUN) SA 135.7 SL 135.4 Target 136.2 / 136.6
11:56 AM INTRADAY Short LEAD (JUN) SB 135.3 SL 135.7 Target 134.8 / 134.4

11:56 AM INTRADAY Buy NATURALGAS (JUN) SA 196.5 SL 196.0 Target 197.3 / 198.0
11:56 AM INTRADAY Short NATURALGAS (JUN) SB 196.1 SL 196.6 Target 195.3 / 194.6

11:56 AM INTRADAY Buy NICKEL (JUN) SA 573.4 SL 563.2 Target 579.4 / 585.4
11:56 AM INTRADAY Short NICKEL (JUN) SB 560.0 SL 570.2 Target 554.0 / 548.0

11:56 AM INTRADAY Buy SILVER (JUL) SA 39762 SL 39588 Target 39862 / 39982
11:56 AM INTRADAY Short SILVER (JUL) SB 39538 SL 39712 Target 39438 / 39318

11:56 AM INTRADAY Buy ZINC (JUN) SA 165.5 SL 165.2 Target 166.0 / 166.4
11:56 AM INTRADAY Short ZINC (JUN) SB 165.1 SL 165.5 Target 164.6 / 164.2

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Crude oil rises as US crude supplies fall 02/06/2017

Crude oil rises as US crude supplies fall
02/06/2017

Crude oil futures closed higher in the domestic market on Thursday as U.S. government data revealed that domestic supplies of crude oil have now fallen for eight weeks in a row.
Oil and gasoline inventories both declined, reflecting higher demand with driving season ramping up and likely continued strong exports.
At the MCX, crude oil futures for June 2017 contract closed at Rs 3153 per barrel, up by 0.83 per cent, after opening at Rs 3135, against a previous close of Rs 3127. It touched the intra-day high of Rs 3175.
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Cardamom futures zoom 4% as physical demand picks up 02/06/2017

Cardamom futures zoom 4% as physical demand picks up
02/06/2017

Cardamom futures jumped over 4 per cent during morning trade in the domestic market on Friday as investors and speculators extended their bets in the agri-commodity amid surge in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for June 2017 contract is trading at Rs 1,053.70 per kg, up by 4 per cent, after opening at Rs 1,043.50, against a previous close of Rs 1013.20. It touched the intra-day high of Rs 1053.70 (at 10:49 hours).

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Hourly Market Trend Update : 02.06.2017 11.15 Am

Hourly Market Trend Update : 02.06.2017 11.15 Am




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Live Lead Tips, 1st session: 2.JUNE.2017

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 COPPER TREND - UP
 CRUDEOIL TREND - DOWN
 GOLD TREND - UP

10:36 AM INTRADAY Buy ALUMINIUM (JUN) SA 124.4 SL 124.1 Target 124.9 / 125.3
10:36 AM INTRADAY Short ALUMINIUM (JUN) SB 124.0 SL 124.4 Target 123.5 / 123.1

10:36 AM INTRADAY Buy COPPER (JUN) SA 368.5 SL 366.7 Target 369.5 / 371.0
10:36 AM INTRADAY Short COPPER (JUN) SB 366.3 SL 367.9 Target 365.3 / 363.8

10:36 AM INTRADAY Buy CRUDEOIL (JUN) SA 3135 SL 3083 Target 3149 / 3164
10:36 AM INTRADAY Short CRUDEOIL (JUN) SB 3067 SL 3119 Target 3053 / 3038

10:36 AM INTRADAY Buy GOLD (JUN) SA 28660 SL 28573 Target 28685 / 28705
10:36 AM INTRADAY Short GOLD (JUN) SB 28548 SL 28635 Target 28523 / 28503

10:36 AM INTRADAY Buy LEAD (JUN) SA 136.0 SL 135.6 Target 136.4 / 136.8
10:36 AM INTRADAY Short LEAD (JUN) SB 135.5 SL 135.9 Target 135.1 / 134.7

10:36 AM INTRADAY Buy NATURALGAS (JUN) SA 196.0 SL 195.5 Target 196.8 / 197.5
10:36 AM INTRADAY Short NATURALGAS (JUN) SB 195.6 SL 196.1 Target 194.8 / 194.1

10:36 AM INTRADAY Buy NICKEL (JUN) SA 575.9 SL 565.7 Target 581.9 / 587.9
10:36 AM INTRADAY Short NICKEL (JUN) SB 562.5 SL 572.7 Target 556.5 / 550.5

10:36 AM INTRADAY Buy SILVER (JUL) SA 39776 SL 39602 Target 39876 / 39996
10:36 AM INTRADAY Short SILVER (JUL) SB 39552 SL 39726 Target 39452 / 39332

10:36 AM INTRADAY Buy ZINC (JUN) SA 165.6 SL 165.3 Target 166.1 / 166.5
10:36 AM INTRADAY Short ZINC (JUN) SB 165.2 SL 165.6 Target 164.7 / 164.3

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Currency Support and Resistance Level : 02.06.2017

 Currency Support and Resistance Level : 02.06.2017

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Mini Mcx Commodity Support and Resistance Levels : 02.06.2017

Mini Mcx Commodity Support and Resistance Levels : 02.06.2017

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Free Silver Tips, 3rd session: 1.JUNE.2017

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 COPPER TREND - UP
 CRUDEOIL TREND - DOWN
 GOLD TREND - UP

12:50 PM INTRADAY Buy ALUMINIUM (JUN) SA 124.8 SL 124.5 Target 125.3 / 125.7
12:50 PM INTRADAY Short ALUMINIUM (JUN) SB 124.4 SL 124.8 Target 123.9 / 123.5

12:50 PM INTRADAY Buy COPPER (JUN) SA 369.5 SL 367.7 Target 370.5 / 372.0
12:50 PM INTRADAY Short COPPER (JUN) SB 367.2 SL 368.9 Target 366.2 / 364.7

12:50 PM INTRADAY Buy CRUDEOIL (JUN) SA 3199 SL 3147 Target 3213 / 3228
12:50 PM INTRADAY Short CRUDEOIL (JUN) SB 3131 SL 3183 Target 3117 / 3102

12:50 PM INTRADAY Buy GOLD (JUN) SA 28796 SL 28709 Target 28821 / 28841
12:50 PM INTRADAY Short GOLD (JUN) SB 28684 SL 28771 Target 28659 / 28639

12:50 PM INTRADAY Buy LEAD (JUN) SA 136.6 SL 136.3 Target 137.1 / 137.5
12:50 PM INTRADAY Short LEAD (JUN) SB 136.2 SL 136.6 Target 135.7 / 135.3

12:50 PM INTRADAY Buy NATURALGAS (JUN) SA 200.2 SL 199.7 Target 201.0 / 201.7
12:50 PM INTRADAY Short NATURALGAS (JUN) SB 199.8 SL 200.3 Target 199.0 / 198.3

12:50 PM INTRADAY Buy NICKEL (JUN) SA 584.2 SL 574.0 Target 590.2 / 596.2
12:50 PM INTRADAY Short NICKEL (JUN) SB 570.8 SL 581.0 Target 564.8 / 558.8

12:50 PM INTRADAY Buy SILVER (JUL) SA 40072 SL 39898 Target 40172 / 40292
12:50 PM INTRADAY Short SILVER (JUL) SB 39848 SL 40022 Target 39748 / 39628

12:50 PM INTRADAY Buy ZINC (JUN) SA 167.0 SL 166.7 Target 167.5 / 167.9
12:50 PM INTRADAY Short ZINC (JUN) SB 166.6 SL 167.0 Target 166.1 / 165.7

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Hourly Market Trend Update : 01.06.2017 12.30 Pm

Hourly Market Trend Update : 01.06.2017 12.30 Pm


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