MCX and NCDEX Commodity Tips for Today

MCX Tips Today

MCX Mentha oil August futures Buy – 1370, Target – 1410 Stoploss - 1352.

MCX Gold and Silver are to get pressure after the gains in International market. MCX Gold is seems pressure due to strengthening of Rupee against Dollar. COMEX Gold has been strengthened 0.15% and Silver with 0.1% up to has managed to cross $ 28. However MCX gold with slight edge and is trading flat at Rs 29 910. But silver with 0.15 % strength is close to Rs 53 500.

MCX Tips for Today : Crude Oil and Copper

NYMEX Crude Oil jumped 0.3% to move above $ 93.50. MCX Crude oil slipped 0.1% is trading at Rs 5160. Crude oil August futures Sell - 5180, Stoploss – 5235, Target – 5070.

LME Copper have jumped by 0.5%. MCX base metals has edge and copper as well as lead, zinc has been fast by 0:15 to 0:25 %. Copper August futures Sell - 420, Target – 413, Stoploss – 423.

NCDEX Commodity Tips for Today

NCDEX Maize with nearly 1% up is trading at Rs 1,440. Castor seed September futures have jumped 0.5% But Castor seed August futures has dropped 1.5%. Suagr has about 1 fast and price has risen to Rs 3440. However NCDEX Turmeric September October futures have declined by 2%. Coriander also has weakened around 2 %.

Refined Soya oil September futures Sell - 783, stoploss – 787, target – 764.2.

Chana April futures Buy – 4810, target – 4890, stoploss - 4780.