After
morning bearish trade commodity market are on the way of correction.
Top metals are trading low volatile and expected to trade volatile
for today session at MCX. Crude oil, gold , silver all are trading
quite low with a bit volatile. Crude oil prices for future delivery
are trading below 7100 but after opening at 7190 per barrel.crude oil
for future delivery expected to bounce back in the market
on
the evening trade.
At
MCX yellow metal for future delivery open at 32815 and touch a low of
32426 per 10 gram. While silver prices touch a low of 51099 after a
big fall at MCX against its previous close of 53212 per kg. On
evening trade bullion seems to volatile will if rupees closed then
might be trade bearish.
MCX
tips Today
SELL
GOLD OCT BELOW 32675 TGT 32625, 31550, 31475 STOPLOSS 54875
SELL
SILVER SEP BELOW 54000 TGT 53900, 53800, 53500 STOPLOSS 54500
SELL
CRUDE OIL SEP BELOW 7100 TGT 7080, 7060, 7020 S TOPLOSS 7175
BUY
MENTHA OIL SEP ABOVE 921 TGT 922, 925,930 STOPLOSS 910
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