On morning trade some depreciation had
seen on white metal, today silver prices at Mcx for future delivery
declined by more than 0.59 percent and touch a low of 41230
meanwhile some increment also has been watched on yesterday closing
price of 41520 to 41548. on evening trade a mixed with high volume
is expected above 41500. if we talk about yellow metal some notably
changes had seen in overseas and domestci market , inspite of Dollar
and Rupees Level gold prices climb in domestic market and many
analyst believe that gold prices soon in this year touch the mark of
30,000. Today on intraday trading gold prices touch an intraday high
of 28400 with a low 28064.
if we move towards energies commodity
some increment are seen in Crude oil prices , today at MCX for future
delivery crude oil open at 6414 , on intraday trading it touch a high
of 6453 . however, today natural gas are trading in downside with a
negative trend and touch an intraday low of 208.40 . on evening trade
some correction are looking in natural gas at MCX.
On base metal a high increment are seen
on the opening of month , today lead price touches an intraday high
of 125.80 . on evening trade more correction are expected in copper
and lead , today copper price at MCX touches a high of 424.15 after
open at 421.55. today nickel prices and trading with mixed trend on
intraday trading it touch high level of 852 and low of 844.50, on
evening trading session same movement is expected at Multi commodity
exchange.
Intraday Mcx tips
SELL GOLD AUGUST BELOW 28300 TGT
28250, 28200 , 28150 STOPLOSS 28430
SELL SILVER SEPTEMBER BELOW 41450 TGT
41380, 41300, 41200 STOPLOSS 41600
BUY NICKEL AUGUST ABOVE 847 TGT 849,
851, 853 STOPLOSS 841
BUY LEAD AUGUST ABOVE 127.60 TGT 128,
128.50 , 129 STOPLOSS 125.20
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