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Hot commodity updates 26-04-13

Discussion in 'Technical Analysis' started by dipali, Apr 26, 2013.

  1. dipali

    dipali New Member

    Nov 22, 2012
    Likes Received:
    Today commodity market shows a mixed movement on MCX market and expected to trade in similar fashion. On Friday morning yellow metal open on positive side at 27135 and attempt to recover it position on spot market. Gold for June delivery touches an intraday high of 27264 and low of 27003. In the morning session precious metal are traded on good side and supposing to go upside in evening trade. While the white metal open at 45399 with an intraday high of 45461 against its low of 44913. Bullion pendulum is playing with good side and experienced a same movement in MCX in upcoming days.
    Today crude oil opens same position where it closes 5059. On MCX crude for May delivery trading bit positive, crude oil in overseas market performing quite low. Crude oil for May crosses the mark of 5000 in this week and expecting that in upcoming week with prices are again fell down and trading in the range of 4900- 5000.
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