After the positive trading session come to the red side, today gold prices touch an intraday high of 26925 and low of 26677. Currently all top commodity in MCX are showing a red color market seem to be neutrals on intraday trading. For intraday trader it is advice to play on safe buy side at MCX bullion. Similarly silver prices for future delivery at MCX trading at bearish side but movement is not still stable silver prices looking jump on evening trading with a high volatile trend.
Energies also trading sideways on intraday trading crude oil for future delivery at MCX show a low dull trading. On evening trade market look to be volatile with a bearish support at MCX. On day trading crude oil for July delivery touches a high of 6390 with a low of 6311. Mentha oil working on bearish side after opening at 939.70 today on intraday trading it touches a high of 943 and low of 927.50. On evening trade more decrement is experienced at MCX on mentha oil.
SELL SILVER SEPTEMBER BELOW 41400 TGT 41300, 41200, 41000 STOPLOSS 41850
SELL COPPER AUGUST BELOW 418 TGT 417, 416, 413 STOPLOSS 423
BUY NICKEL JULY ABOVE 822 TGT 820, 818, 815 STOPLOSS 830