The Indian rupee breached 68.50 against the U.S. dollar to a record low on Wednesday. The partially rupee crashed over 3 per cent to hit a low of 68.55 as against Tuesday's close of 66.24.
Wednesday the same trend has been follow by the commodities at multi commodity exchange, all the base metals, energies and the precious metals are highly rising up today against their previous close for the future delivery.
The yellow metal goes up with a gain of 771 points at 34486 touches an intraday high 34600 likewise the same act perform by the white metal as it surge 2004 points at 59294 touches a high of 59580.
The crude oil energy works superbly while it is moving towards the high level, at 10:51 am its price reaches to rupee 7731 up by 376 points. The other energies natural gas and the mentha oil also looking bullish but their is no sharp changes occure in their price, they used to move slowly in upward direction.
If we jump towards the base metals then here the two most strong metals copper and nickel got a great change, the copper gain 11 points while the nickel gain 19.20 points for august.
BUY COTTON TARGET 23640/23660/23680 STOPLOSS 23550
BUY CRUDE OIL TARGET 7725/7735/7745 STOPLOSS 7690
BUY NICKEL TARGET 990/991/993 STOPLOSS 982
BUY GOLD TARGET 34351/34371/34391 STOPLOSS 34280
Wednesday the same trend has been follow by the commodities at multi commodity exchange, all the base metals, energies and the precious metals are highly rising up today against their previous close for the future delivery.
The yellow metal goes up with a gain of 771 points at 34486 touches an intraday high 34600 likewise the same act perform by the white metal as it surge 2004 points at 59294 touches a high of 59580. The crude oil energy works superbly while it is moving towards the high level, at 10:51 am its price reaches to rupee 7731 up by 376 points. The other energies natural gas and the mentha oil also looking bullish but their is no sharp changes occure in their price, they used to move slowly in upward direction.
If we jump towards the base metals then here the two most strong metals copper and nickel got a great change, the copper gain 11 points while the nickel gain 19.20 points for august.
BUY COTTON TARGET 23640/23660/23680 STOPLOSS 23550
BUY CRUDE OIL TARGET 7725/7735/7745 STOPLOSS 7690
BUY NICKEL TARGET 990/991/993 STOPLOSS 982
BUY GOLD TARGET 34351/34371/34391 STOPLOSS 34280
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ReplyDeleteRES 1: 5950
RES 2: 6000
SUPP 1: 5850
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