After morning little red shade Indian commodity market, MCX exchange following with positive green side. After a long a ray of hope in bullion and crude oil is expected to move some good hike in MCX. Gold and silver moving towards positive side, on MCX base metal also gaining a bit of positive side. Especially nickel and copper are very volatile due to the change happen in global metal exchanges. Today copper is on the other side and gaining some movement on intraday trading. This year metals are looking towards the green and some good position will see in middle of the year.
Cotton and Mentha oil are continue upgrading its position, on MCX cotton price are regularly change with a good demand on Domestic market , today cotton touch an intraday high of 16730.
Today commodity calls
Buy copper above 441.50 tgt 442, 443,,,,,,,,,sl 439
Buy nickel above 975 tgt 978, 981, 985…….sl 965
Sell natural gas below 183.50 tgt 183.30, 183, 182…………sl 185
Sell cotton below 16680 tgt 16660, 16630, 16600.......sl 16740
Buy silver above 58450 tgt 58480, 58520, 58550++……sl 58270
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