MCX Free Tips: Sell Zinc Nov with Commodity Report

Gold

MCX Gold may note of a few increase following cues from international exchange but sell on rise is suggested. Domestic gold prices are additionally getting affected by trend in rupee and development in spot market. Backwardation in domestic futures has widened amid position squaring ahead of expiry of December contract. In international market, COMEX gold trades in a narrow range near $1190/oz amid mixed cues. Retreat in US dollar and bond yields from recent high has lent some support to gold price. Support for MCX Gold December contract is seen at Rs.28500 while Resistance is seen at Rs.28900.

GOLD DEC FUTURE 

• R1–28900,
• R2-29400,
• S1-28600,
• S2-28300

Yesterday Call of MCX Commodity, Join us on whatsapp by just giving missed call at 18003157801

Silver

MCX Silver may witness choppy trade in line with international price but bias may be on downside. COMEX Silver trades mixed near $16.5/oz amid range bound movement in gold and weakness in industrial metals. Silver ETF investors have also moved to sidelines. Chance opinion may keep on affecting gold and industrial metals differently keeping silver price choppy but Fed’s rate climb worries will be negative for price. Support for MCX Silver December contract is seen at Rs.40300 while Resistance is seen at Rs.41400. 

Join us and get mcx free tips on your mobile number

SILVER DEC FUTURE

• R1-41500,
• R2-42000,
• S1-40500,
• S2-39600,

Copper

MCX Copper may note decline following cues from international exchange. LME Copper trades lower in early trades today following 3% slide yesterday. Copper stocks at LME rose by 1225 tonnes yesterday however near lowest level since August. In spite of energetic fundamentals we expect the metal to trade with a weaker bias today as recent rally seems to have outrun fundamentals. Support for MCX Copper November contract is seen at Rs.382 while resistance is seen at Rs.396.

COPPER NOV FUTURE 

• R1-399,
• R2-416,
• S1-382,
• S2-370.

Crude Oil

MCX Crude may witness choppy trade tracking cues from international exchange but bias may be on upside. NYMEX crude trades higher above $45 per barrel after a sharp decline yesterday. Crude has witnessed sharp unpredictability in most recent few days as market players position for OPEC’s decision today. Focus today will also be on US EIA weekly report which is expected to note a 0.7 mn bbl rise in US crude stocks. Also in focus will be US economic data which will affect demand outlook as well as general risk sentiment. Support for MCX Crude December contract is seen at Rs.3050 while Resistance is seen at Rs.3180.

CRUDE OIL NOV FUTURE 

• R1-3330,
• R2-3390,
• S1-3100,
• S2-3020,

Visit website just click on Free Stock Tips
Contact Number: +91-7415033556
Toll Free No. 18003157801

Today’s Point of view toward Gold Silver Ratio

Gold

In the near term, gold costs are predictable to be under stress as we are nearing the end of 2016 and it is normal that the US Federal Reserve will climb its interest rates in Dec'16 meeting. Facilitate, liquidation of gold holding in the SPDR gold trust since the month of July is prompting to a solid case at lower gold costs implying towards weak investment interest for yellow metal.

Gold prices went under stress and dove around 3 percent in Spot and additionally Comex. On the MCX, gold costs additionally declined by 2.6 percent yet decrease in the Indian Rupee reduce sharp fall in the commodity when contrasted with international markets. Commodity Tips on mobile by experts

The main cause behind down in the costs was because of host of financial information sets from the US which showed that development and idealism in the economy. Advance, the COT report likewise proposed that hedge funds have exchanged their positions in gold in the previous month which prompted to negative progess in the yellow metal.

Silver

Silver's costs will decrease couple with gold costs and has seen little adjustment in the gold/silver proportion in late time, which measures the number of silver ounces expected to purchase an ounce of gold, to its most reduced in over a year around 70.

Spot silver costs and Comex silver costs have declined around 6.6 percent in Spot and by more than 7 percent in October 2016 while MCX silver costs have dropped around 7.3 percent amid a similar time.

The fall in silver costs was in accordance with drop in gold costs yet the white metal costs dove progressively when contrasted with yellow metal costs. 

Join free mcx tips with accuracy

Gold Silver Ratio

Coming to Gold-silver proportion, it has expanded above 71 levels in start of Oct'16 from around 68 levels toward the end of Sep'16.

Gold-silver proportion speaks to the number of silver ounces it takes to purchase a solitary ounce of gold. At present, it takes around 72 ounces of Silver to purchase an ounce of Gold. 

Today’s Report on Gold, Silver, Crude Oil and Copper

Gold

On Tuesday, spot gold costs ascended by 0.67 percent to close at $1228 per ounce snapping a three-session losing streak, on uncertainty over the monetary policies of U.S. President-elect Donald Trump.

On the MCX, gold costs declined by 1 percent to close at Rs.29320 per 10 gms.

Silver

Spot silver costs ascended by 1.2 percent to close at $17.1 per ounce in accordance with ascend in gold costs and deal chasing at lower levels. Daily Commodity Tips

On the MCX, silver costs ascended by around 1 percent to close at Rs.41407 per kg.

Point of View

On an intraday premise, we anticipate that gold costs will trade sideways as business sectors stay unverifiable as to the policies of Trump as he takes control in January.

On the MCX, gold costs are relied upon to exchange sideways today, international markets are trading higher by 0.23 percent at $1230.70 per ounce.

Energy

Crude Oil

WTI oil costs ascended by 5.7 percent on Wednesday to close at $45.8 per barrel with U.S. crude indenting its greatest day by day rate pick up in seven months, on restored desires that OPEC will concur later this month to reduce a global supply overabundance. Accurate Free MCX Tips on mobile

On the MCX, oil costs ascended by around 6 percent to close at Rs.3083 per barrel.

On the MCX, oil costs are required to exchange sideways today, international oil costs are exchanging lower by 0.3 percent at $45.66 per barrel.

Copper

LME Copper costs exchanged lower by 0.6 percent yesterday at $5525/ton, declining from 15-month highs, as the dollar was consistent close to 15-month high levels states as Trump's guarantee for infrastructure spending and tax breaks supported prospects for rising U.S. development and inflation. Alongside this, Retail deals in the US ascended by 0.8 percent, speedier than probable in October, helped by solid auto deals which rose 1.1 percent a month ago after an expansion of 1.9 percent in September. We also provide Stock Future Tips with accuracy

MCX copper costs exchanged lower by 1 percent to close at Rs.374.7 per kg on Tuesday.

Point of View

LME Copper is at present exchanging lower by 0.6 percent today at $5494/ton. Costs are probably going to trade bring down today as strength in the DX and very nearly 100 percent likelihood of a rate climb in Dec'16 will exert pressure.

We wait for that MCX Copper costs will trade bring down today on the MCX.

Fundamental Trends on Gold Silver and Turmeric

Today's Profitable Trading Call by TradeIndia Research

CALL: SELL TURMERIC DEC 

• BELOW 6900,
• T1-6870,
• T2-6840,
• T3-6800, 
• SL ABOVE 6981. 

BOOK ULTIMATE PROFIT OF RS. 50,000 IN JUST 10 LOTS. ☺☺☺☺☺

MARKET OUTLOOK

Gold and silver spot costs were trading higher on Tuesday morning as investors secured shorts after a recent descending rally. Investors will anticipate host of information today evening time for further signs.

Join Free MCX Tips service with accuracy

Gold fell for the third straight session on Monday, achieving a 5-1/2-month low as the dollar and Treasury yields reinforced on desires that President elect Donald Trump will support U.S. spending.

The market pared losses as the greenback and yields fell off their sharp highs.

The market is currently betting on the Federal Reserve raising interest rates more rapidly. Higher U.S. interest rates could lift the chance cost of holding non-interest bearing gold, compelling the cost of bullion.

Hedge funds and money managers raised their net long position in COMEX gold for the third straight week in the week to Nov. 8, and expanded it somewhat in silver, U.S. Commodity Futures Trading Commission information appeared.

Indian Bullion costs stayed mixed, with gold closure with profits and silver costs crashing more than 2.5% on Monday. We offer commodity tips on mobile by experts.

GOLD – SILVER SPOT RATIO

The gold/silver proportion, which measures the quantity of silver ounces expected to buy an ounce of gold, fell on Tuesday morning. The gold/silver proportion was trading at 71.92 ounces contrasted and 72.26 ounces on Monday.

INTERNATIONAL MARKET UPDATE

GOLD $ 1223.85.

SILVER $ 17.002,

COPPER $378.50,

CRUDE OIL $ 44.11,

INR 67.711.

Why You should also look at Debt Mutual Funds

Debt mutual funds offer different alternatives to spend. One can seem at liquid, ultra short term, short term, medium term and long term debt funds. There are assets concentrating on government securities (G Sec). There are assets having dynamic allotment to rate sensitive securities and assets holding the securities till development. There are assets taking into low risk investors and there are assets intended for aggressive investors, as well. 

1. The Tax Advantage 

Interest earned in savings bank account (more than Rs 10,000 every year) and on FDs is taxable as per your tax slab. Debt mutual funds quality for long term capital gain tax assessment advantage subsequent to holding time of 3 years or more with indexed increases getting taxed @ 20%. The logistics advantage with debt mutual funds is that you don't need to announce earning consistently and pay tax. You just pay tax on the pick up toward the end, post recovery. We offer free share market tips with daily updates.

2. The Power of Asset Allocation 

It is not a smart thought to be at 100% equity designation at constantly. Investing in debt mutual funds expands your advantage assignment. While contributing through SIP, you can even focus on the 'To be' resource distribution over a time-frame. Since an advantage class like equity presents non straight development, nearness of debt investments in your portfolio helps you through turbulent time.

3. Opportunities 

In light of the size or your portfolio, a active administration might be useful. On the off chance that you invest in debt funds and build corpus, when the equity markets introduce opportunities during crash, it will be much less demanding to move the cash from debt funds to equity funds via a simple switch. The focus can shift to strategy than transaction & logistics as the money is already available in the deployable corpus. Further, to an well-informed and high risk appetite investor even the debt securities can give chances to create extra yield.

4. Emergency corpus 

If you invest in liquid or ultra short term funds, the resultant liquidity helps to build your emergency corpus. The greater part of these assets doesn’t have any entry load, leave load or secure period. This makes it extremely advantageous to get cash available at call inside only one working day. Over a timeframe, such liquidity can be greatly useful in overseeing profession moves, exigencies and out of budget spends

5. Good start 

Debt fundshare a decent alternative to you on the off chance that you are starting your mutual fund investments and not certain on the off chance that you would agree of equity shared funds. Involvement in Debt funds prepares you with comprehension the essentials and viewing NAVs, you can then better decide if you like to kick out of the chance to hop into equity mutual funds too. For instance, the mixture common assets with majority of investments in debt securities, permit you to flavor up your overall returns by taking a little exposure to equity. You can start investing in stock commodity market with one of our best free mcx tips service.

6. Consolidation 

A huge preferred standpoint here is that you get the chance to solidify your portfolio. You can move out of those different FD, RD and dormant Savings accounts. Having your wealth on a single screen at a solitary place streamlines and permits you to better deal with your portfolio. When you better know what you have, it's much easier to distribute them to your objectives also. A united portfolio radically reduces your per transaction cost and endeavors. You can settle on well-informed choice on your funds when you definitely assess your 'as is' state. Join Stock Future Tips which include accurate advice from experts. 

Conclusion 

Debt mutual fund investments are helpful, adaptable, economical, versatile and tax friendly. They should not to be disregarded in light of the fact that 'they simply give 8-9% returns'. They absolutely should be a piece of your portfolio. As the settled wage securities returns have begun inching down, it's considerably more vital that you earn slightly higher return and save taxes.

Technical Comment On Gold Crude Oil and Copper

Technical Comment On Crude Oil

Sell off in crude oil continued as the prices slipped again on Thursday. Crude Oil settled at INR 3012 for every barrel, up 1.02%. A high of INR 3040 for each barrel levels was noted during the day. During the day INR 2978 for every barrel was enlisted as low. Correction from here one can take costs towards INR 2800 for every barrel levels. On the higher side INR 3050 and 3075 are still upper top to keep an eye out for. Daily Commodity Tips

Technical Comment On Gold

Refined gold costs hardly upticked by 0.16% amid the session finishing Thursday. Levels of INR 29925 for each 10 grams were seen during the end. The costs are expected upon to stay uneven in today’s session. If losses occur from here on costs can move towards INR 29800 for every 10 grams. The high of Gold was at INR 30195 for every 10 grams and a low of INR 29771 for every 10 grams was tried during the day. The costs conclusion above INR 30000 for each 10 grams is basic.

MCX SUPPORT & RESISTANCE LEVEL

GOLD DEC FUTURE

R2–30571,

R1 -30411,

S1-29712,

S2-29517,

SILVER DEC FUTURE

R2 –44518,

R1-44125,

S1-43160,

S2-42791,

CRUDE OIL NOV FUTURE

R2 –3150,

R1-3100,

S1-2950,

S2-2901,

COPPER NOV FUTURE

R2 –371,

R1-366,

S1-357,

S2-350. Get Free MCX Tips

Technical Comment On Copper

Upheld by positive thinking copper costs run once again on Thursday. The red metal tried most elevated amounts in 2016 with costs rising above INR 370 for every kg levels. Examiners looked in a rush to purchase copper after election results in USA and good faith from China. Unknown region guarantees for the increases in copper with potential to rise towards INR 380 and INR 382 for every kg levels. On the lower side backings will rise at INR 370 for each kg yet that can demonstrate weak in days of heavy sell off as the rally has been pretty smart. Copper picked up by 4.3% in a single session and shut at INR 376 for every kg. The high of copper was at INR 379.60 for every kg while the low was at INR 367.20 for each kg.

We also deliver accurate Stock Option Premium Tips

Know Gold Prices goes on What Level in Long Term

The US election triumph of Donald Trump has gone gold sparkle. Gold in worldwide markets, just 4.9% in a day and it came to $ 1,400 an ounce. In the residential market a day after costs surged by Rs 900 to Rs 31,750 for each ten grams, stormed. However noticed the sudden conclusion of 500 and Rs 1,000 jewelers and retailers in the domestic market environment has gotten to be disappointing. The gold in the domestic market in the following three months are expected to be between 32,000 to 32,500.

These are the reasons behind the rapid

Gold in global and domestic markets have been rising sharply in the most recent 7 days continuously. In this way, the sharp decrease concurred with the start of the market. Gold prices have profited. Get Free MCX Tips on mobile with daily updates about gold.

Not expected to rise in the long term

There has been a rise in the long term, gold is expected to stay on the labels of 32 800 to 32,000.

INTERNATIONAL MARKET UPDATE

GOLD $ 1283.75.

SILVER $ 18.578,

COPPER $361.00,

CRUDE OIL $ 45.13,

INR 66.401.

Rs 500, Rs 1000 notes Discard: All you have to know and do in next few days

PM Narendra Modi on Tuesday declared that Rs 500 and Rs 1,000 rupee banknotes would be pulled back from flow at midnight to get serious about uncontrolled corruption and fake currency.

This is what you have to know and do in the following few days:

Where would I be able to deposit my Rs 500 and Rs 1000 notes?

From November 10 till December 30 you can deposit the old notes at your closest bank or post office accounts without any limit. In any case, withdrawals from banks are topped at Rs 10,000 every day and Rs 20,000 every week. This limit will be expanded in the coming days.

You can also exchange Rs 500 and Rs 1000 notes for lower category at banks, head post office and sub-post office. However, the exchange limit has been topped at Rs 4,000, and you can exchange till November 24. One must create a valid government identity cards like PAN, Aadhaar and Election Card.

Banks will stay shut on November 9 permitting them an opportunity to adapt to the new order.

There is no restriction of any sort on non-money payments by checks, DDs, debit or credit cards and electronic fund exchange.

What are the limitations on ATM withdrawals?

ATMs won't deal with November 9 and in a few places on November 10. But from November 11, you can withdraw cash and ATMs will stop dispensing the current Rs 500 and 1000 notes. For the first few days, these withdrawals are being limited to Rs 2,000 for every card for every day, and will later be expanded to Rs 4,000 for each card for each day.

Where would I be able to even now utilize my Rs 500, Rs 1000 notes? 

Till November 11, the following government-authorized spots and organizations will keep on accepting Rs 500 and Rs 1000 notes for payment:

• Consumer co-operative stores

• Petrol, diesel and gas stations authorised by public sector oil companies

• Railway, airline, bus ticket booking counters

• hospitals

See Effect on Stock Market http://bit.ly/2baf1Nf

Free MCX Commodity Market Morning Outlook

MCX Gold

On the MCX, gold prices declined by 1.57 percent to close at Rs.30078 per 10 gms. Gold prices fell as U.S. dollar and stocks rallied after FBI cleared Democratic presidential candidate Hillary Clinton of criminal charges. Commodity Tips On the MCX, gold prices are expected to trade lower today continuing its negativity from the previous trading session; international markets are trading marginally higher by 0.1 percent at $1282.5 per ounce.

MCX Silver

On the MCX, silver prices declined by 1.07 percent to close at Rs.42933 per kg. Silver prices dropped as demand for safe-haven assets ebbed after the FBI said that no charges were warranted against Hillary.

MCX Crude Oil

On the MCX, oil prices rose by 0.9 percent to close at Rs.2967 per barrel. Crude oil gained boosted by a commitment from OPEC to stick to a deal to cut output. Free MCX Tips On the MCX, oil prices are expected to trade sideways, international markets are flat at $44.86 per barrel.

MCX Copper

MCX copper prices traded higher by 2 percent to close at Rs.341.2 per kg on Monday. We expect MCX Copper prices to trade lower today on the MCX. Copper prices gained in step with a firmer Shanghai futures contract as U.S. presidential candidate Hillary Clinton averted charges over use of emails.

INTERNATIONAL MARKET UPDATE

GOLD $ 1283.35.

SILVER $ 18.242,

COPPER $341.40,

CRUDE OIL $ 44.85,

INR 66.714.

Read daily commodity market updates and we also deliver Stock Future Tips with accuracy.

Outlook on MCX Gold, Silver, Crude

Gold 

Last week, spot gold prices rose by 2.2 percent to close at $1303.8 per ounce on account of weak dollar and uncertainty about the outcome of a tight U.S. presidential race.

Commodity Tips On the MCX, gold prices rose by 2 percent to close at Rs.30557 per 10 gms.

Gold gained as investors weighed the need for a haven before American presidential election against expectations of higher U.S. interest rates

Silver 

Spot silver prices rose by 2.9 percent last week to close at $18.4 per ounce in line with rise in gold prices and weak dollar.

On the MCX, silver prices rose by 2.3 percent to close at Rs.43398 per kg.

Silver steadied as jitters over U.S. election offset a solid payrolls report that shored up expectations for a U.S. interest rate.

MCX Gold-Silver Outlook 

On an intraday basis, we expect gold silver prices to trade volatile on account of uncertain environment with regards to the US presidential race. Besides, the FED has also kept the rates unchanged in its recent meeting creating further uncertainty about the timing of the rate hike. Meanwhile, the NFP data has missed market expectations with a number of 161000 clouding further uncertainty.

Free MCX Tips On the MCX, gold prices are expected to trade volatile, international markets are trading lower by 1 percent at $1291 per ounce.

Crude Oil 

WTI oil prices declined by 9.5 percent last week to close at $44.1 per barrel as investors reeled from a record weekly surge in U.S. crude inventories, and remained skeptical about whether OPEC can actually implement its planned output cap.

On the MCX, oil prices declined by 10.4 percent last week to close at Rs.2940 per barrel.

Free Commodity Tips Crude oil dropped as signs of tensions resurfaced between Saudi Arabia and Iran that could scupper a key supply cut pact.

Crude Oil Outlook 

Oil prices have been falling for whole of last week to levels reached in October after the preliminary agreement by OPEC to cap production, reached at a meeting in Algiers. OPEC has not made clear how much each member should cut, and several have been resistant.

On the MCX, oil prices are expected to trade higher today, international markets are trading higher by 1.09 percent at $44.55 per barrel.

Crude fell below 10% of the height of a month, India has these Big Advantages

Before the meeting in OPEC crude is seeing a steady decline. Ovrsplai global crude prices have stopped going up. Top of October crude has fallen below 10 per cent. OPEC is scheduled to meet on November 30 in which the official decision to cut crude but many experts doubt that OPEC's decision. It looks crude on the fast break. Free Commodity Tips The fall in crude crude importers such as India will benefit the most. 

1-month high of 10 per cent crude rolled

A month Brent crude has come down from a height of about 10 per cent. Brent crude touched a high of 53.14 dollars a barrel. Which is now trading at 47.80 levels. Similarly, the price of WTI crude to a month high of 10.21 per cent, are trading down. October 19 WTI crude had touched a high of 51.60 dollars a barrel. Which remains at 46.33 dollars a barrel.

Why was the decline in crude

Algeria in September in the non-official meeting of OPEC crude production cut OPEC and non-OPEC countries were expected to agree, after which the trend was the rise in crude prices. Free MCX Tips Crude though it did not last even longer and faster decline once again is being witnessed. Oprsplai crude prices in the global market has been turned on. On Tuesday, the American Petroleum Institute said US crude reserves of 93 million barrels, which is nine times higher than the estimates of experts. Then crude is seeing a steady decline. 

These companies will benefit

Asian Paints, Berger Paints, kansai Nerolac and Shalimar Paints, such as paint companies also crude prices will benefit because these companies the total cost of raw materials in the crude part of 25-30 per cent.

Petroleum products are cheap

Has a direct impact on petroleum product crude cheaper. Crude product formed by petrol, diesel, LPG will impact. In addition to lowering the price of crude to be these other paint products, synthetic rubber and PVC prices can be reduced. Commodity Tips The price of crude is $ 1 or less to the country's advantage or disadvantage of nearly Rs 6,700 crore. India needed 70 per cent of its oil is imported. 

Live MCX Gold Silver News and Price

MCX SUPPORT & RESISTANCE LEVEL

Bullion Gold On Thursday, spot gold prices rose half a percent to close at $1303.3 per ounce on account of weak dollar and uncertainty about the outcome of a tight U.S. presidential race. On the MCX, gold prices declined by half a percent to close at Rs.30487 per 10 gms. Free MCX Tips

GOLD DEC FUTURE

R2–30981,

R1 -30718,

S1-30302,

S2-30108,

Silver Spot silver prices declined by 0.7 percent on Thursday to close at $18.3 per ounce in contrary to the rise in gold prices and profit booking at higher levels. On the MCX, silver prices declined by 1.7 percent to close at Rs.43348 per kg.

SILVER DEC FUTURE

R2 –44755,

R1- 44275,

S1-43085,

S2-42601,

Outlook On an intraday basis, we expect gold silver prices to trade volatile on account of uncertain environment with regards to the US presidential race. Besides, the FED has also kept the rates unchanged in its recent meeting creating further uncertainty about the timing of the rate hike. On the MCX, gold prices are expected to trade volatile, international markets are trading lower marginally by 0.33 percent at $1299.2 per ounce. Commodity Tips

CRUDE OIL OCT FUTURE

R2 –3185,

R1-3130,

S1-3000,

S2-2940,

Energy Crude Oil WTI oil prices declined by 1.5 percent on Thursday to close at $44.7 per ounce as investors reeled from a record weekly surge in U.S. crude inventories, and remained skeptical about whether OPEC can actually implement its planned output cap. On the MCX, oil prices are expected to trade sideways today, international markets are trading higher by 0.3 percent at $44.79 per barrel.

COPPER OCT FUTURE

R2 –339,

R1-334,

S1-322,

S2-316.

Copper LME Copper prices traded higher by 0.8 percent at $4960/tonne as China’s Caixin October services PMI surged to 52.4, the fastest growth for business activity at services companies in four months. Earlier this week, China's official Purchasing Managers' Index (PMI) for October expanded at the fastest pace in more than two years. MCX copper prices traded higher by 1.1 percent to close at Rs.331.9 per kg on Thursday. Free Commodity Tips

INTERNATIONAL MARKET UPDATE

GOLD $ 1299.55.

SILVER $ 18.252,

COPPER $331.95,

CRUDE OIL $ 44.79,

INR 66.8728.