Tuesday, February 8, 2011

Sureshot Mcx Nickel Tips Free Trial


This counter bullish trend in this counter and 1251.00 level above chart show at bullish trend in this counter and again 1251.00 level above maintain up trend in this counter and up side touch at 1317.00 level and 1340.0 level in coming trading days so 1251.00 level above buy position maintain and exit at only 1200.00 level below in buy position exit because downward indication at market this level below..........

As we are bullish in this counter from the lower level of 1250 and our target near to 1300-1310 which was achieved and thereafter again it will side... From 1310 to 1251... trend looks bullish but do not trapped at higher level.....
On the domestic front, Nickel is trading lower in future trade today as the traders booked profits though the metal boosted at the London Metal Exchange. At MCX future, Nickel for February contract is trading at Rs 1,268.50, down by 1.30%, Nickel for March contract is trading at Rs 1,273.00, down by 1.33% and Nickel for April contract is trading at Rs 1,280.00, down by 1.17%. (At 5:17 P.M today)

Currently commodities markets in India are trading with a mixed trend. At MCX future, 3 out of 4 indexes are showing a downward trend. At MCX futures, MCXCOMDEX is trading at 3,301.89, down by 0.80%, MCXMETAL is trading at 4,239.24, down by 0.46% and MCXENERGY is trading at 2,879.23, down by 1.70% while MCXAGRI is currently trading at 2,932.91, up by 0.02% (At 5:40 P.M today)

Nickel for February contract, at MCX, is trading at Rs.1,278.40 per kg (down by 0.53%) after opening at Rs. 1,284.40 against the previous close price of Rs. 1,285.20 with intra-day low of Rs. 1,275.60 till the trading. (At 11:01 AM today).

On the domestic front, crude futures are trading with negative note on the back of tracking weak cues from the global market. February future fell by Rs. 25, or 0.62%, to Rs. 3,970.00 per barrel on Multi Commodity Exchange (MCX) today. 

March future dropped 31 cents to $87.17 per barrel on the New York Mercantile Exchange (MCX) as Egyptian Vice President and some members of the opposition agreed on limited measures in order to resolve the conflict, easing concern that crude oil supply will disrupt through the Suez Canal.

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