MCX Tips Today Silver and Copper
Despite of International Market jumped domestic market gold and silver are showing slowdown trend. Gold and Silver under pressure due to stronger Rupee against the Dollar. Currently MCX gold filled idling is trading at Rs 32 320. while silver is close to Rs 65 500 with 0.3% jumped.
Silver December futures Buy - 65500, stoploss - 65000, and target - 66 500.
MCX crude oil has risen with nearly 1% to Rs 5425. MCX base metals have gained 0.5 to 1.3%. Copper is reached around Rs 460 with gain of 1%
Copper Nov Futures Buy - 457, stoploss - 454 and the target - 462
NCDEX Commodity Tips
NCDEX Chana September futures surged 2.5% is trading at Rs 4,640 but NCDEX Chana December and January futures looks fell around 1%. Cumin has jumped nearly 1%. NCDEX Corn dropped nearly 3% and it has come close to Rs 1,350.
Soybean October Futures Buy - 3850, stoploss - 3805 and target - 3925
Barley October Futures Buy - 1200, target - 1225, stoploss - 1185.