Movement
in market is not too today, low trades are seen from morning at Multi commodity
exchange. If we talk about bullion a mixed trend are seen but movement is weak
and low on morning session. Currently all commodity are seen in bearish node
and expected to trade in down side, if we talk about yellow metal for future delivery
it open at 27600 and touch an intraday high of 27716 with a low of 27565.Long
term Investor are advice to buy gold in
deep and for short term trader book profit on this rally. Gold prices expected
to fall more in coming day at domestic MCX.
MCX
silver prices are bearish on intraday trading for future delivery, on evening
trade a high mixed trade is expected. Today it open at 41854 and touch a high
of 420089 at MCX.
Today
energies support a negative trend with low movement, crude oil for future
delivery break a level and touch a low of 6363. More depreciation are expecting
in evening trade near 6350.similar natural gas on intraday trading fell to
continue its yesterday positive trend and touch a low of 220.20. On evening trade
natural gas is experienced to trade in the range of 219 to
223 at Multi commodity exchange.
SELL
CRUDE OIL AUGUST BELOW 6360 TGT 6350, 6340, 6330 STOPLOSS 6390
SELL SILVER SEPTEMBER BELOW 41650 TGT 41550,
41450, 42030 STOPLOSS 41940
BUY
GOLD AUGUST ABOVE 27560 TGT 27620, 27700, 27770 STOPLOSS 27450
SELL
LEAD JULY BELOW 121.60 TGT 121.10, 120.50, 120 STOPLOSS 122.30
SELL
NICKEL JULY BELOW 835.50 TGT 834, 831, 827
STOPLOSS 842
FREE TRIAL FORM TO GET HNI CALL
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