Domestic
Market Gold Silver are seeing weakness because of international
market slowdown. NYMEX Crude oil slipped 0.5% and arrived at $ 82.
MCX
Gold is trading at Rs 29 780 with light edge and silver with
fluctuation is trading down to Rs 54,700. MCX Crude oil slipped 1%
and it has come to Rs 4,600. MCX base metals seems mix business. MCX
Aluminum, lead and zinc is up while copper and nickel have been
seeing fall.
MCX
Tips for Today
Gold
August Futures, Buy - 29 650, Target - 29 880, Stoploss - 29 550.
Copper
June Futures, Sell - 413, Stoploss – 417, Taregt – 408.
Crude
oil June Futures, Sell - 4700, Target – 4620, Stoploss - 4750.
There
is selling pressure at NCDEX spices. NCDEX Turmeric with 2% weakness
is trading at Rs 3,640. NCDEX Red Pepper July futures have gone up
nearly 1.5 %. Soybean October futures have weakness of About 1.5%.
NCDEX
Tips Today 12 June
Pepper
July Futures, Buy - 40 150, Stoploss – 39700, Target – 41,000.
Chana
July Futures, Sell - 4150, Target – 4100, Stoploss – 4190.
