The continued decline in crude oil. Naimaks $ 90 per barrel crude oil prices have come down. Stance of the weakness in gold and silver. On MCX, gold touched a low of 22 035. The silver has declined by nearly 1.5 per cent. MCX silver has slipped below Rs 51,000. So far, 32 per cent from record levels of Rs 75,000 is broken silver. Weakness in the silver remains in the spot market. With a 2 percent decline in international market, silver is trading at 34 dollars. Agri commodities in Chinese is buoyant. 2,700 per quintal on NCDEX sugar July futures has been close to. While much of Rs 2,600 on MCX is a sense of the Chinese.
MCX Commodity Tips For Today 27 June 2011
Crude oil: Sell - 4140, stoploss - 4200, Target - 4020
Gold: Sell - 22 160, stoploss - 22 250, Target - 22 230
Silver: Sell - 51 500, stoploss - 51 700, Target - 51000
