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Mcx
Commodity market opened positive side, Mcx gold and silver showing
bullish trend . Currently
gold is in uptrend and the trend is supported the good volume now
gold august is trading rs 77 or 0.28% to 27541. Mcx
silver is in short bull phase, The silver is now showing sell signal.
The silver is crossed the high but the trend was not strong.
Agri
commodities futures momentum of rain most of the sharp decline. NCDEX
chana prices have fallen about 2.5 %. Castors, soybean, mustard, and
wheat also dominates selling. The government has indicated its course
against those who have had an impact on the market. Sowing of kharif
pulses and oilseeds as well as rain is expected to improve.
Mcx
gold sell below 27600 target 27490/27440/27390 stoploss 27650
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