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Commodity Live Trading calls for today 29 Nov, Intarday Commodity Tips for today 29 Nov:

Gold
(Risky): MCX Dec buy above 28635-45 . SL 28550 . TGT 28715 , 28731 , 28746
Advnace Call MCX-SX EUR INR : Dec BUY above 69.82 . SL 69.67 . TGT 69.97 , 70.02 , 70.07
Jeera : NCDEX Dec Sell below 13860 . SL 13940 . TGT 13780 , 13700
Lead : MCX Nov buy above 104 . SL 103.25 . TGT 104.7 , 105 , 105.3
Copper MCX Nov buy above 384.7 . SL 381.2 . TGT 387.7 , 388.7 , 389.7
Cotton Seed (Cocudakl) : NCDEX December Sell below 1120 . SL 1145 . TGT 1095 , 1070
INTRADAY COMMODITY TIPS for Today 28 Nov, GOLD TIPS for TODAY 29 Nov:

Gold
(RISKY): MCX Dec buy above 28620-25 . SL 28535 . TGT 28700 , 28716 , 28731
SELL SILVER (DEC.) BELOW 54375 TG-54275/54150/54000 SL-54425
Cardamom : MCX Dec Sell below 597 . SL 612 . TGT 580
MCX COPPER NOV BUY ON DIPS AT 385, REST AT 383.8, S/L 382 ,TGT 389.7

GOLD DOWN ON EURO WORRIES, DOLLAR STRENGTH.
CRUDE OIL ADVANCES AS EUROPE MAY INCREASE EFFORTS TO CONTAIN DEBT CRISIS.
The Indian rupee continued to remain weak and tumbled to its all-time low of Rs 52.73 to the dollar on Tuesday as investors moved to the safety of the US dollar and sustained demand for the greenback from oil marketing companies. The currency has depreciated over 14% against the dollar this year.
Markets opened on a bearish note Monday to end the session lower for the eight straight day on rising debt concerns in the US and Europe and a weakening rupee. The Sensex and the Nifty both ended down 2.6% each.The bearish trend continued to haunt the markets on Wednesday with the Sensex closing at a 2-year low of 15,700, the lowest closing since November 3, 2009, when the benchmark had ended at 15,405.
BUY HINDALCO DEC 130 @ CALL AT 2.80 -2.80
StopLoss 1.50 Target 4 . 7 . 10 POSITIONAL

POSSITIONAL CALL :SELL GOLD 28600/900 StopLoss 29319 Target 28200-27700-27150-26650

SELL SILVER 56000/57000 StopLoss 59900 Target 54500-53000-51500-48900
SUBSCRIBE for daily Nifty Trends/Stock tips/Commodity Tips on Mobile CLICK HERE


The BSE Sensex ended 2.3 percent down after touching its lowest in two years on Wednesday, as domestic concerns over high inflation, slowing growth and a faltering rupee continued to sap investor confidence.

STOCKS THAT MOVED

Shares in Apollo Hospitals gained 1.82 percent after it said it plans to launch 100 diabetes treatment clinics in India in 90 days.

Tata Power closed down 3.04 percent after Citigroup downgraded the utility citing lower operating income and higher debt.

Capital goods maker Siemens Ltd , a unit of Siemens AG, closed 2.44 percent after it posted late on Tuesday a 29 percent drop in September quarter profit.
REFINED SOYA OIL:-

Refined soy oil is one of the major consuming edible oil in India with market share of 15 -18% after palm oil (46%). Oilseeds contributed 7% of GDP and around 14 million farmers involved in oilseed cultivation. India is the worlds fifth largest edible oil economy after USA, China, Brazil and Argentina and largest importer of palm oil in the world. The total market size is Rs. 600 billion and import-export trade is worth Rs. 130 billion. India mainly imports crude oil, Soybean oil mainly imported from Argentina, whereas palm oil is imported from Malaysia and Indonesia.

FACTORS INFLUENCING PRICES-

Domestic Factors:

* Demand and Supply: Domestic oilseed production
* Pattern of consumption, Market share of Soy oil is around 24%.
* From oil extractors and farmers
* The crush margin between meal, oil and seed.
* Affect because prices of competitive oils, viz. Palm oil
* If Soy meal export parity
* Weather at all producing centers. The pod bearing period, being the most crucial.
* Demand of FMCG companies

Government Policies:

* Import Export Policy
* Minimum Support Prices (MSP)
* Stock Limit

Global Factors:

* Global oilseed production US, Argentina and Brazil are major Exporters
* International soy price movement at CBOT, being the major international reference market
* International market price for soy meal export
* International Soy oil price movement.
* Import demand from china and EU- 25.

INTRADAY COMMODITY TIPS FOR TODAY 17 Nov:

Gold
: MCX Dec Buy above 28920 . Stop Loss -28858 . TGT -28982, 28998, 29013
MCX-SX USD INR : Nov BUY above 50.88 . SL 50.73 . TGT 51.03 , 51.08
MCX-SX EURINR (Risky Call) : Nov BUY above 68.64 . SL 68.49 . TGT 68.79 , 68.84 , 68.89
Nickel : MCX Nov Buy above 915.4 . SL 902.4 . TGT 928.4 , 932.4 , 936.4



Zinc
: MCX Nov Buy above 98.1 . SL 97.4 . TGT 98.8 , 99.1 , 99.4
Silver : MCX Dec Buy above 58129 . SL 57839 . TGT 58399 , 58524 , 58649
SOYBEAN (DEC):TREND Consolidate R2 2305 R1 2260 S1 2180 S2 2140 STRATEGY Sell on higher Levels
CRUDE (NOV):TREND Bullish R2 5120 R1 5050 S1 4890 S2 4820 STRATEGY Buy on lower levels
FREE COMMODITY TIPS, Commodity Tips for today, Gold Intraday tips:

DHANIYA
dec cmp 4720... looks good ,anytime bounce possible... buy on dips

PEPPER (NOV):TREND Consolidate R2 35430 R1 34750 S1 33460 S2 32740 STRATEGY Sell on Higher Levels

SOYBEAN (DEC):TREND Consolidate R2 2300 R1 2255 S1 2170 S2 2130 STRATEGY Sell on Higher Levels


NIFTY SPOT LEVELS for Today
SUPP 1: 5185
SUPP 2: 5130
RES 1: 5335
RES 2: 5410

BANK NIFTY LEVELS for Today
SUPP 1: 9550
SUPP 2: 9385
RES 1: 9680
RES 2: 9794
SILVER Tips Today 10 Nov :

Buy At / Above 57899.58 58040.17 58237.37 58495.33 58635.93 STOPLOSS 57558.21
Sell At / Below 57444.42 57303.83 57106.63 56848.67 56708.07 STOPLOSS 57785.79

COPPER Tips Today 10 Nov :

Buy At / Above 384.57 384.93 385.42 386.07 386.43 STOPLOSS 383.71
Sell At / Below 383.43 383.07 382.58 381.93 381.57 STOPLOSS 384.29

CRUDE OIL Tips Today 10 Nov :

Buy At / Above 4876.49 4887.30 4902.46 4922.28 4933.09 STOPLOSS 4850.25
Sell At / Below 4841.51 4830.70 4815.54 4795.72 4784.91 STOPLOSS 4867.75
NIFTY SPOT LEVELS for today 8 Nov:

SUPP 1: 5200
SUPP 2: 5120
RES 1: 5335
RES 2: 5410

BANK NIFTY LEVELS for today 8 Nov:

SUPP 1: 9810
SUPP 2: 9680
RES 1: 9950
RES 2: 10035


GUR (NOV):TREND Consolidate R2 1080 R1 1055 S1 1020 S2 1005 STRATEGY Sell on Higher Levels
PEPPER (NOV):TREND Consolidate R2 34400 R1 33740 S1 32490 S2 31800 STRATEGY Sell on Higher Levels
JEERA (NOV):TREND Consolidate R2 14840 R1 14550 S1 13990 S2 13700 STRATEGY Buy on Lower Levels
NIFTY SPOT LEVELS for 2 Nov:

SUPP 1: 5211
SUPP 2: 5085
RES 1: 5325
RES 2: 5410

BANK NIFTY LEVELS for 2 Nov:

SUPP 1: 9810
SUPP 2: 9510
RES 1: 10020
RES 2: 10125