Sharp decline in crude oil. Naimaks about 1.5 per cent at the moment, with crude oil barrel is trading at $ 94. European countries like Italy and Spain in the financial crisis deepened fears of a shortage in crude oil demand is estimated to be expressed.
MCX Commodity Tips For Today 12 July 2011
Crude Oil (July Futures): Sell - 4190, stoploss - 4210 target - 4160
Gold (August Futures): Buy - 22 600, stoploss - 22 575 target – 22700-22800