Today
on friday morning a huge correction had seen on gold and silver
prices. Gold for future delivery at MCX up by more than 3.50% and
crosses the mark of 30,000 per 10 gram. Whereas ,Today global gold
prices also rose by 0.50 % to $ 1372.97 an ounce in singapore.
Similar trend in also seen in silver price for future delivery which
today climbed up by more than 7% and touch an intraday high for September delivery to 50219.
In
base metal , today MCX copper for future active delivery open at
451.90 and
touch and intraday high of 464 by rose 2.16% at MCX. In coming
session more increment are looking in copper prices due to support
from overseas and domestic market. Similarly nickel prices rose up by
1.33% and touch an intraday high of 927.70. on intraday trading Mcx
lead and zinc also made a sharp correction on friday morning lead up
by 1.81% to 138.80 and zinc up by 2.16% to 121.60 at MCX.
Energies
commodity at MCX also make a good rally on intraday trading. Today
crude oil prices up by 1.59% and touch an intraday high of 6677. on
domestic market due to increment in crude oil prices Petrol prices
alo looking in higher bit. Mentha oil also supporting a bullish trend
at MCX and make a intraday high of 865. However natural gas
for
future delivery made a high of 213.30.
FILL TRIAL FORM TO GET JACKPOT CALL
for
long term investor this is a good time to book profit in bullion for
gold wait 33000-38000 while in silver wait for 54000-56000 in coming
session.
||
BUY
GOLD OCT ABOVE 30100 TGT 30170, 30280, 30400 STOPLOSS 29800
BUY
SILVER SEP ABOVE 49150 TGT 49300, 49400, 49600 STOPLOSS 48700
SELL
CRUDE OIL AUG BELOW 6630 TGT 6620, 6600, 6570 STOPLOSS 6690
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