In the evening session time the base metals have changed their position from negative side they start to trade in a positive side. Nickel is only one which is working in a red flag at 4 pm.
In the international market the brent oil, soyabean oil, gold, silver, sugar, copper, crude oil are leading with respect to them coffee, cotton and natural gas are depriciating. US coffee price decreases by 0.02% at 118.45 for september.
The gold is positively working at 58589.00 up 82 points, the crude oil and mentha oil maintained their position till morning session and still looking bullish, crude gain 0.51% and mentha oil gain 2.46%.
The sweet sugar seems to be a quite bitter in evening session as its price touching the lower side and it has to be trade in a downward direction. Turmeric and Wheat are used to follow the same trend as of sugar.
Copper buy trend target 19836 | 19842 | 19850 stoploss 19800
Lead buy trend target 128.45 | 128.95 | 129.45 stoploss 125.45
In the international market the brent oil, soyabean oil, gold, silver, sugar, copper, crude oil are leading with respect to them coffee, cotton and natural gas are depriciating. US coffee price decreases by 0.02% at 118.45 for september.
The gold is positively working at 58589.00 up 82 points, the crude oil and mentha oil maintained their position till morning session and still looking bullish, crude gain 0.51% and mentha oil gain 2.46%.
The sweet sugar seems to be a quite bitter in evening session as its price touching the lower side and it has to be trade in a downward direction. Turmeric and Wheat are used to follow the same trend as of sugar.
Copper buy trend target 19836 | 19842 | 19850 stoploss 19800
Lead buy trend target 128.45 | 128.95 | 129.45 stoploss 125.45
Today trend for commodity...
ReplyDeleteLEAD (31 DEC) TREND: CONSOLIDATE
RES 1: 133
RES 2: 134.50
SUPP 1: 129.50
SUPP 2: 130.50
STRATEGY: BUY ON DIPS
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ReplyDeleteCommodity tips Indore