After
morning low positive trend precious commodity look to move ahead, a
high fluctuation is going to seen in green side. On Thursday morning
recovering in Rupees commodity trade in low positive side, yellow
metal for October delivery gain 0.96% to 33720 while touch a day high
of 33842 per 10 gram. Silver prices in September delivery fall in
early trading and some negative movement is seen ad expected a
volatile trend in evening session at MCX. Gold price at MCX fail to
continue its 34000 and break down below 34000 per 10 grams.
Crude
oil prices are more positive in this week due to dollar demand and
Syria Critical condition crude oil in Domestic market jump and
continue its rally towards up side. However, Brent Crude fall below
$116 after two day gain , Mcx crude oil for future delivery play at
7432 at 2.55 pm by increment of 1.16% .
base
metal prices take a small jump at MCX due to rising in firm demand,
nickel for future delivery on early morning moved up by 1.51% to
955.40 per kg at MCX. At LME nickel prices climbed up by 0.4% to
$14,240 per
tonnes , at MCX for future trade nickle price last
watched at 949.30 per tonnes. Copper at Mcx for august delivery on
its second last day of trading jump by 1.50% to 491.40 with an
intraday high of 495.30 per tonnes. On evening trade metal are
looking in low side with a volatile trend at Mcx.
BUY
GOLD OCT ABOVE 33450 TGT 33500 TGT 33550, 33700 STOPLOSS 33150
BUY
SILVER SEP ABOVE 55500 TGT 55600, 55700, 55900 STOPLOSS 55150
BUY
CRUDE OIL SEP ABOVE 7390 TGT 7410, 7430, 7460 STOPLOSS 7330
BUY
LEAD AUG ABOVE 148.30 TGT 148.80, 149.30, 150 STOPLOSS 146
BUY
COPPER AUG ABOVE 490 TGT 492, 495, 497 STOPLOSS 484