Friday morning market works in a downside. Gold and silver are looking bearish as compared to yesterday. Gold fall 113 points and silver down 290 points for future contract.
The base metals are going in depth, all are working in a red shade. The most strongest metal among all the base metals copper shed by 0.70 points and at 10:46 suddenly nickel changes its position from negative to positive and gain 0.30 points at 835.60.
In Asian market the crude oil price has slipped today. Light sweet crude for delivery in June shed around 24 percent at $96.15 a barrel and sugar dropped by 0.21 percent at 486.10.
Cotton takes a high of 18100 and low of 18030 with the change in price of 0.61 percent in a positive side for May delivery.
Mcx call
Sell silver target 44890 | 44915 | 44930 stop loss 44956
Buy cotton target 18100 | 18130 | 18160 stop loss 17950
Ncdex call
Sell chana target 3346 | 3336 | 3326 stop loss 3426
Buy jeera 12830 target 12845 | 12860 | 12875 stop loss 12745
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ReplyDeleteIndian markets seen opening higher on strong cues from Asian and US markets. SGX Nifty is trading 78.50 points higher.
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