Today movement in
gold and silver is falling down in red side, gold continue falling on MCX. On
FOREX US dollar prices are on green side but a bit low. Gold showing strong
down trend and touch intraday low of 30505. Silver again comes on red side,
today silver fall by more than -200 point on MCX and continue to fall. While on
base metal after morning little positive movement all base metal are fall down
and expected to show more red on MCX. Copper, nickel, zinc, lead all are watched
on red side at 3:27 pm. Cotton market going on boom on MCX this year, cotton
price increases day by day in domestic market.
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Sell silver (5 MAR) below 57300 tgt 57250, 57200…57150….. 57450
Sell gold (5 Apr) below 30520 tgt 30490, 30460,30420………sl 30620
Buy cotton(28 feb) above 17090 tgt 17110, 17130, 17150……..sl
17030
Sell crude oil (19 FEB) below 5230 tgt 5220, 5210, 5200………sl
5260
Sell nickel (28FEB) below 985 tgt 983, 980,975………..sl 995
Sell zinc below 117.50 tgt 117.30, 117, 116.50……….sl 118.50
Buy copper (28 FEB) above 444.50 tgt 445,445.50, 446……..sl
443
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