Commodity & Stock Market On 5th March 2013

Commodity Market News:

Bullion

MCX Gold:

Today Price of Gold are expected to move around 29450 to 29750 .It is advisable to be trade to sell around 29670-29680 with SL below 29715.

MCX Silver:

Silver Price are Positive to trade for today.Prices move around 54600.It is advisable to buy around 54550 with SL below 54350. 

Base Metal:

MCX Copper:

Prices are expected to within the range from 433-428.Day traders can trade within range.
Nickel:

Prices are expected to move at 912 with SL 900 for the target of 924-927.
MCX Lead:

Prices are expected to within the range from 124 to 121. Day traders are advised to trade sell around 123.50 to 124 with SL 125.50.

Energy:

MCX Crude Oil:

Today Crude Oil Prices are negative to trade.Prices expected to move around 4920 to 4900. Day traders are advised to sell around 4980 to 4985 with SL above 5015.

Stock Market News Today:

on Tuesday Chief Economic of Finance Ministry Adviser Raghuram Rajan said India's record high current account deficit is the country's biggest concern,.

The current account deficit widened to a record high of 5.4 percent of GDP in the September as export growth slowed more sharply than imports, with a similar gap expected in the December quarter likely to prolong weakness in the rupee.

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