Gold is on the Red shade from its last close, today it open
at 30673 some point down from last trading session. Some unexpected change we
will see today on the MCX. Positive movement may be expected after 11:00 am on
gold. While in Forex market dollar price is looking strong against Indian
currency. That will give some positive movement to gold. Today silver is losing
its yesterday position from the opening of market. On the MCX it open at 59780 and touch an
intraday high of 59780 its opening position from that position it’s continue falling
from its position and touch a intraday low of 59465.
SELL GOLD FEB BELOW 30670 TARGETS 30647 , 30622 , 30594
STOPLOSS 30713
Sell silver (5 mar) below 59570 tgt 59520, 59470,59400…………
Today cotton looking slightly positive on MCX for Jan contract and expected to trade in down
side.
Sell cotton below
16330 tgt 16320, 16300, 16280……sl 16410.
Movement in crude continues falling and expected to down
more On MCX. Global crude demand is varying on the market that why Asian market
and domestic market feeling some falling in the crude price.
Sell crude below 5150 tgt 5140, 5120, 5100…….sl 5200
Mentha oil today for
Jan contract is running with RED flag and expected more red shade as day
passes, some positive movement is predict on after 2:00 pm.
Sell mentha oil below 1293 tgt 1291, 1288,1280………..sl 1345
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