Thursday, 3 March 2016

TODAY STOCK MARKET COMMODITY MARKET Update

The 30-share BSE Sensex rose 226.67 points or 0.93 percent to 24469.65 and the 50-share NSE Nifty climbed 62.25 points or 0.84 percent to 7431.10. The market breadth too remained positive as about 1366 shares advanced against 918 declining shares on the BSE.

After the end of Feb 2016 the rail budget and the union budget both impact the market, Tuesday market is a huge turn and today it also gain position.



Commodity Market is also many up's and down in this march today the MCX GOLD is Under pressure and reinforcing of the dollar against the euro is likewise seeing a decrease in gold. Currently Comaks April gold contract fell 0.1 percent to $ 1240 per ounce is traded.

Wednesday was an ascent in the costs of base metals, which metals today is seeing benefit booking. Additionally, because of frail Chinese PMI administration is likewise weight on base metals. Copper fell in morning exchanging by 0.09 for each penny to $ 4785 for every ton and nickel fell 0.17 for each penny, to $ 8695 for each ton was.

TODAY MCX INDIA TRADING CALLS PREDICTION

  • SELL COPPER APR MCX BELOW 327.15  SL ABOVE 332.95 TGT 323.10, 319.50
  • NATURAL GAS BUY ABOVE 114.3 TGT 1 115.59 TGT 2 116.09 TGT 3 117.69 SL 113.5
  • NATURAL GAS SELL BELOW 113.5 TGT 1 112.21 TGT 2 111.71 TGT 3 110.11 SL 114.3
  • CRUDEOIL BUY ABOVE 2358 TGT 1 2370.94 TGT 2 2375.92 TGT 3 2391.92 SL 2350
  • CRUDEOIL SELL BELOW 2350 TGT 1 2337.06 TGT 2 2332.08 TGT 3 2316.08 SL 2358

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