Monday the yellow metal gold was opened at 27899.00 up by 20 points against its previous close. But at 10:49 it drop by 0.03 percent to Rs. 27872.00. The same thing happen with the white metal silver it was opened at 43860.00 up by 26 points, at 10:50 it slips by 0.35 percent for the future delivery.
The crude oil also looks bearish today, rather than this all the other base metals and the energy products are working in a positive side with the surge of high points. It may be a quite interesting day for trading.
Cotton which was traded in a positive direction last week, today it drags by 190 points at 19200.00 for the delivery of June month. It takes a high of 19330.00 and low of 19180.00. On India’s national Commodity and Derivative Exchange the commodities are showing both the trends up and down.
Cotton sell target 19205 | 19190 | 19175 stop loss 19280
Mentha oil buy target 1052.1 | 1058.1 | 1064.1 stop loss 1026.3
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