Monday morning trading seems to be quite good for the commodity market. Most of the commodities are trying to work in a positive side for the future deliveries and also showing buying trend with bullish note.
If we talk about the precious metals then in the early trade the yellow metal gold price is highly increase by 1.44 percent or 385 points to Rs. 27090.00. Its high is 27134.00 and low is 26786.00
The other precious white metal silver is looking bullish at 41040.00 with rise in price by 1.70 percent or 686 points. Its high is 41161.00 and low is 40449.00. The support for commodity seems at 39750 level and resistance at 40658.00
The cotton is working in a low level it means it looks bearish for july month delivery. The cotton price is down around 0.51 percent or 100 points at 19480.00 with respect to this the energy source crude oil is going up but the mentha oil and natural gas follow the same rule as of the cotton.
Gainers : Gold, Silver, Crude Oil, Copper, Nickel, Lead, Zinc
Losers: Natural Gas, Aluminium, Mentha Oil, Cotton
BUY
Gold above 27064 tg 27099/27124/27139 sl 26984
Silver above 40969 tg 41004/41029/41044 sl 40879
SELL
Mentha oil below 887 tg 881/875/869 sl 907
Cotton below 19470 tg 19455/19440/19425 sl 19520
The other precious white metal silver is looking bullish at 41040.00 with rise in price by 1.70 percent or 686 points. Its high is 41161.00 and low is 40449.00. The support for commodity seems at 39750 level and resistance at 40658.00
The cotton is working in a low level it means it looks bearish for july month delivery. The cotton price is down around 0.51 percent or 100 points at 19480.00 with respect to this the energy source crude oil is going up but the mentha oil and natural gas follow the same rule as of the cotton.
Gainers : Gold, Silver, Crude Oil, Copper, Nickel, Lead, Zinc
Losers: Natural Gas, Aluminium, Mentha Oil, Cotton
BUY
Gold above 27064 tg 27099/27124/27139 sl 26984
Silver above 40969 tg 41004/41029/41044 sl 40879
SELL
Mentha oil below 887 tg 881/875/869 sl 907
Cotton below 19470 tg 19455/19440/19425 sl 19520
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ReplyDeleteStock cash tips
Brent Oil January expiry has jumped over a percent at $ 45.76.
ReplyDeleteCrude Oil December future has also advanced almost a percent at $ 45.75 a barrel.
Natural Gas December delivery has moved down 0.5 percent at $ 2.764.
Crude Intraday Tips