evening commodity tips

Today in the fresh morning commodity market is going down in the bullion market.similar thing happen in the base metal , zinc ,lead nickle all are moving in the downside.  Meanwhile the bullion is also in the red side. Bullion today down by more than -100 point in the early morning trade from its last close. Silver is expected  to trade with a major support of Rs 56560 and resistance of Rs 60300. While the yellow metal is trading low today and in the sell position and trader is advised to hold a long position ,gold have a low  support of  Rs 30450 and a resistance of Rs 31260   .base metal  in the china and US has get a strongest  position from past few days. US  GDP has grown by 3.1%. while the crude oil is trading low in the domestic  as well as global market. On the MCX crude is expected to trade low today, crude for January have a good support level 4890 with a resistance of  4970. Cotton market  is not very satisfactory from last week , and trading in the low red downstream.its current position is 16380 at 11:04 am.

mentha oil..... buy above 1397.40...tgt 1398...1405...1410.......sl 1380

sell zinc tgt 112.3...112,,,,111.............sl 114

buy crude oil tgt 4920 ....4930.....4950....sl 4880

Today calls:-

SELL GOLD FEB BELOW 30755 TARGETS 30730 , 30679 , 30654 STOPLOSS 31300

SELL JEERA MARCH BELOW 15180 TARGETS 15170 , 15150 , 15100 STOPLOSS 15210.

Sell copper below 437..tgt…436.70,,,,,,435,,434…….sl  439

Sell cotton below 16370…….tgt 16360…13350…16330……….sl 16410

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