mcx tips ,commodity market news -8 Dec 2014

December futures rose nearly 3 percent on NCDEX Chana is trading around Rs 3,075. The spawn of the December futures at Rs 12 735 with 2.8 per cent growth seems.

The base metal is the trick. The pressure is all metals including copper on MCX. Nickel has gone up early. The price went up by 0.75 per cent to close at the beginning. The MCX Nickel 1042 with a gain of 0.2 per cent is trading around Rs. The decline was seen in zinc and aluminum. The Export and Import of China during November's huge decline. The lead is 0.2 per cent to Rs 125 is trading close.

MCX Nickel (December futures): Buy - 1035, stoploss - 1025 and targets - 1065

MCX Lead (December futures): Buy - 124.50, stoploss - 123.50 and target - 127