MCX
Gold Tips
:- MCX gold - silver are still fall. Gold With 0.30% decline is
trading at Rs 29 575 While silver has broken half per cent. However
in international market gold came light strong However, strong
light came in the international market in gold, but silver is still
in pressure. Gold
August Futures Sell - 29 500, Target - 29 350, Stoploss - 29 550.
Base
metals is to see strong decline. Aluminum, Copper, Nickel, Lead and
Zinc have dropped by half per cent. LME Copper business is also slow. Nickel
July Futures Sell - 910, Stoploss – 918, Target – 890.
Crude Oil Trend Today :- MCX Crude Oil continues to strongly decline. MCX crude oil is trading at Rs 4759 with 1% down. China Crude oil exports have been declining. While Norway oil companies strike is over. Tomorrow U.S. Energy Department report is coming there are expected to come impact on crude oil prices.
NCDEX
Agri Tips :- Wheat futures market prices is seeing heavy volatility. NCDEX Wheat
July futures gained 2.5% and is reached to Rs 1,270. August futures
is seen selling pressure. But the important thing is that August
futures price is looked up to Rs 1,300.
Cotton
Cake August Futures Sell -1 485, Stoploss - 1 511, Target -1 410.
Castor
Seed August Futures Buy Rs -3 450, Target - 3 330, Stoploss - 3 533.
