MCX Tips Today : Zinc & Nickel

MCX Tips Today :  Zinc and Nickel

MCX Gold Silver and Crude Oil has been strong despite of International Market decline. COMEX Gold 0.1% and Silver 0.25% have been broken. NYMEX crude oil has slipped 0.3% and come down to $ 92. MCX gold with 0.2% up is trading at Rs 29 980. Silver trading is dull and it looks flat at Rs 53 350.

MCX Crude oil has risen beyond Rs 5,100 with 0.4% jumped. in Base metals minor boom about 0.1 to 0.2% but Nickel is looking down.

Zinc August futures Sell - 102.5, Stoploss - 103.2, Target – 101.5.

Nickel August futures Sell - 880, Target – 865, Stoploss – 891.

NCDEX Soybeans is reached at Rs 4600 with growth of 1%. Cotton Cake have gone up more than 1% up. Jeera with about 1% strength is reached to Rs 16,500 NCDEX Turmeric with 2.5% decline has come to Rs 6,000. Sugar October futures and Red Pepper September futures has weakened about 1%.

NCDEX Commodity Tips Today

Jeera September futures Buy - 16 880, Stoploss - 16 680, Target - 17 150.

Chana September futures Buy - 4850, Target – 4920, Stoploss – 4800.