After going through a down fall finally precious metals are recovering now. Currently the yellow metal gains 290 points at 25924 and silver up by 63 points to Rs. 44441.00
Copper recovers for April delivery supported by 7000 level and resisted by 7450 and currently got a positive change of near about 0.30 point against its previous close. The other base metal Aluminium surge 0.35 percent to Rs. 1014.45
Ncdex cardamom has fallen down to Rs. 854.40 by 4 percent in a lots of 96 for future with no change in open interest. Almond is also slow down by 13.25 points.
Tuesday, the rupee also looking bearish against the US dollar. Mentha oil and crude oil going in opposite direction, if one is up then the other goes down. But if we seen it globally then its price is down.
BUY GOLD (June) TARGET 25931 | 25949 STOP LOSS 25863
SELL CRUDE OIL (May) TARGET 4779 | 4769 STOP LOSS 4811
BUY MENTHA OIL (April) TARGET 992.3 | 997.3 STOP LOSS 980.3
SELL SILVER (May) TARGET 44317 | 44299 STOP LOSS 44412
Copper recovers for April delivery supported by 7000 level and resisted by 7450 and currently got a positive change of near about 0.30 point against its previous close. The other base metal Aluminium surge 0.35 percent to Rs. 1014.45 Ncdex cardamom has fallen down to Rs. 854.40 by 4 percent in a lots of 96 for future with no change in open interest. Almond is also slow down by 13.25 points.
Tuesday, the rupee also looking bearish against the US dollar. Mentha oil and crude oil going in opposite direction, if one is up then the other goes down. But if we seen it globally then its price is down.
BUY GOLD (June) TARGET 25931 | 25949 STOP LOSS 25863
SELL CRUDE OIL (May) TARGET 4779 | 4769 STOP LOSS 4811
BUY MENTHA OIL (April) TARGET 992.3 | 997.3 STOP LOSS 980.3
SELL SILVER (May) TARGET 44317 | 44299 STOP LOSS 44412
