Wednesday 8 May 2013

Today Sensex and Nifty performance,Mcx Ncdex Updates and calls for 8th May 2013


Today Sensex opens with surprising points , sensex opens at 19,950.22 points which is very surprising and unpredictable and till 11:20 Sensex made good hike at 19989.64 points which is very good, its yesterday closed is also very good at 19,888.95 points. Today BSE Auto, Bank nifty, Capital goods, Base Metals, all are in down side traded, but IT Sector goes above side and traded with green side.

Nifty also follow sensex path and toches good hikes, yesterday Nifty closed with 6043.55 points and on 8th May opens with 6064.15 points. For intraday till now Nifty toches 6070.15 hikes and its lower toches with 6045.90 points.Sensex and Nifty both goes above, and perform very well in Market and seeing with good position. Tata Motors is included in Nifty gainers list and in Auto sector Tata Motors is leading one and opens with 300.15 points and looking with good position.

MCX Gold and Silver both are in early trade looking at constant side, no big jump or movement in both yellow and white metals. Gold is in optimistic side and Silver looking with down side or we can say selling side. Cotton is in buying side and opens with positive 18030 points.

In NCDEX Market Soyabean traded in Positive side with good points and has good support and resistance levels also. Mainly Commodities in Ncdex market looking with optimistic side and JEERA, CASTOR SEED, CHANA, CHILLI, CASTOR SEED all are looking with good prices .
Rubber prices in NMCE June delivery fall side and profit booking with higher levels and this trend is again follow on today trading also.

Today MCX calls:

BUY COTTON above 18030 Targets 18040, 18060, 18080 Stop Loss 18000
BUY ZINC above 101.05 Targets 101.10, 101.20, 101.30 Stop Loss 100.90
SELL NATURAL GAS below 211 Targets 210, 208, 206 Stop Loss 215

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