Today commodity market
showing a bearish trend in top commodity , due to increase in Import
duty and strong US economic data, gold silver prices fluctuates in
domestic MCX market.
On intraday trading at MCX
for future delivery gold prices open in positive side at 28900 while
silver prices open at 46247 bit low against its previous close.
Today movement is market is low if we talk about crude oil for future
delivery it seems more lazy and negative on intraday trading for
afternoon session. Today at MCX it open at 6548 bit low form its last
close and expected to trade with bearish trend. MCX base metal are
trading quite low , today MCX copper and nickel are open in
downside on Wednesday morning. Copper and nickel prices are trading
flat low and expected a negative trade of afternoon session.
Similarly lead , zinc and aluminium price are trading in bearish side
at MCX.
SELL GOLD OCT BELOW 28830
TGT 28770, 28700, 28640 STOPLOSS 29000
SELL SILVER SEP BELOW
46000 TGT 45950, 45870, 45700 STOPLOSS 46290
SELL CRUDE OIL AUG BELOW
6540 TGT 6530 , 6520, 6500 S TOPLOSS 6575
SELL NICKEL AUG BELOW 904
TGT 903, 901, 897 STOPLOSS 910
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