Tuesday, 2 July 2013

Base metals looking bullish, natural gas price up, buy sell call for today 2/7/13

In the country’s commodity exchange all the precious metals, base metals and the energy sources are looking bullish. They are going up with a great increase in the price. The cotton prices are depreciating little while.

One of the energy product among all is slipping down with a loss of 17.10 points at 978.20 and that is the mentha oil while the natural gas and crude oil is rising up. At 10:54 am cotton has change its position and start to work in a positive side from negative. 

In the international market gold gain 0.17%, US coffee is up by 1.22% to Rs. 121.92, brent oil gain 0.07%, silver gain 0.37%, crude oil up by 0.01%, soyabean rise around 0.10%, wheat gain 0.61% and corn increases by 0.07% for the future deliveries. 

As the price of natural gas is increasing in Indian market where in international market its price is decreasing. For August delivery it put down around 0.0009 points or 0.24% at 3.576 

Buy silver target 40301/40330/40340 stop loss 40200 

Buy nickel target 835.3/835.8/836.3 stop loss 832.2

1 comment:

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