MCX Silver Tips
Due to gains in International markets, domestic market gold and silver are getting up today. COMEX Gold 0.15% and Silver are strong by 0.5%. MCX Gold is trading at Rs 29 830 with gain of 0.15% while silver with jumped of 0.4% have been exceeded to Rs 54,000.
Silver September Futures Buy - 53 700, Stoploss - 53 350, Target - 54 200.
Crude Oil Tips Today
NYMEX Crude oil seems sluggish. MCX crude oil with nearly 0.5% up is trading around Rs 5,000. MCX base metals have gone up by 0.1-0.3%. LME Copper is looking 0.15% up.
Crude oil August futures Sell - 5000, Target – 4940, Stoploss – 5040.
FMC have increased special cash margin 15% to 30% on Potato futures purchase. Potato futures selling also have 5% special margin. NCDEX Black Pepper is trading at Rs 44 070 with 1.5% decline. Maize also decline by 1.5 %. NCDEX Turmeric is reached at Rs 5,800 with rise by 1.5%.
NCDEX Tips
Pepper August futures Sell - 44 800, Stoploss - 45 200, Target - 44000
Coriander August futures Buy - 4735, Target – 4900, Stoploss – 4640.
