Gold MCX Tips Today
MCX
Gold is seen strong due to weakness of the Rupee against the Dollar.
Although MCX Silver is weak due to international market gold and
silver are sluggish. MCX Gold is trading at Rs 29 365 with strength
of 0.3% while silver dropped 0.1 % and has occurred to Rs 52 790.
Gold
August Futures Buy - 29 075, Stoploss - 28 900, Target - 29 300.
NYMEX
Crude oil has slipped nearly 2%. MCX crude oil is trading at Rs
5,050 with nearly 1% down. MCX base metals is being witnessed mix
business. Copper, Nickel and Lead have declined by 0.3-0.5% but
Aluminum and Zinc are trading at slight edge.
Copper Tips MCX Today
Copper
August Futures Sell - 428, Target – 422, Stoploss – 432.
NCDEX
Turmeric with strength of 2% is reached at Rs 6044. Castor seed has
also gone up by 2%. NCDEX Cotton Cake with 3% down is trading at Rs
1,650. In Maize has weakened by around 3% while Soybeans dropped 2.5%
has come down to Rs 4,950. In addition Pepper has been fall around
0.5% to Rs 43,000.
NCDEX
Tips Today
Soybean
August Futures Sell - 4980, Stoploss – 4990, Target – 4950.
Pepper
August Futures Sell - 43000,Target – 42700, Stoploss - 43 100.
