Crude
Oil and Copper Tips MCX Today
Due
to Rupee strength domestic market Gold and silver has been sluggish
as well as crude oil also seen on pressure. COMEX Gold 0.2% and
Silver has gained 0.5%.
Currently
MCX gold is trading at Rs 31 260 with decline of 0.3%. While Silver
is down 0.2% to Rs 63,000. NYMEX has reached level of $ 92.50 with
up by 0.5%. MCX Crude oil is trading below Rs 4,900 with slipped
0.2%. MCX base metals recorded 0.25 to 0.6% decline.
Crude
oil October futures Sell - 4920, stoploss - 4980 and target - 4780
Copper
Nov Futures Buy - 438, target – 445, stoploss - 435.
Today's
NCDEX Commodity Tips :-
NCDEX Red Pepper moved up with a rose 1.5% to Rs 5,400. Wheat futures
November have gained nearly 1%. NCDEX Chana is trading weakness.
Chana
October Futures Buy - 4410, stoploss - 4350 and target - 4490
Soya oil October Futures Buy – 701, target – 708, stoploss – 695.