Today May 2, 2013 Indian Share Market,gold and silver updates and Mcx, Ncdex Calls

After a Great Holiday Today on Thursday Commodity Mcx Market looking with some good news, all base Metals are looking with positive points while Cotton is in Down side with high points, from the starting of this week Cotton prices continuously fluctuate and mainly times go down. Gold and silver both today moves with positive prices and our prediction says today its position in market is in positive side, because both are starts with positive incremented points.

 Energy Updates: 

Crude oil is in good side and starts with positive side and opens with good points 4887.00 and its previous closed with 4872 points. From the opening or beginning of this week Crude oil is in fluctuation side, but now stands with positive side and its current price or position in Market is 4896.00.In our view Iran is the most important geopolitical story in the oil markets. Most recent ambassadorial or we can say diplomatic discussion among the P5+1 and Iran in April finished in a deadlock, attractive hopes of a main infiltrate, no further summit planned.  

Natural gas is in down side today and stay with negative side and opens with 231.50 points. Natural Gas has a good Support and Resistance levels:

Support: 231.5 and Resistance: 235.9

Today in Indian Stock Market BSE IT Sector looking with good side and going above side with good points, IT sector gains 106.86 points, and good notable things are base metals also looking with positive with 28.35 points. Sensex opens with decremented points but recently seeing with good points, nifty also opens with opens with down side but now seeing with good side, its opening price is 5,911.40 and previous closed with 5930.20.

TCS is in buying side in early trade with 2.43% changes. Its lot size is only 250 points and its current price is 1409 and today it goes above side our prediction says…

Today Commodity MCX NCDEX Calls:

Sell Cotton below 18130 Targets 18120, 18100, 18080 Stop Loss 18160

Buy Chana (May) above 3450 Targets 3460, 3480, 3500 Stop Loss 3490

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Posted in: base metals prices,Chana call,commoditites levels,Cotton Prices,cotton updates,gold silver tips,indian stock tips,mcx calls,ncdex calls,nickel calls,nifty calls,sensex and nifty updates,silver calls