In the evening trading session time a strong variation seen in the price of the commodities. The gold fluctuating much, 29333 is its intraday high while 28720 is intraday low, likewise the silver surge 459 points with an intraday high 47166 and intraday low is 45267. Government raised the import duty on gold to 10% from 8% and on silver to 10% from 6%.
The energies as well as the base metals has changes their position and start to work in a positive direction as far as the future contract concern. A fabulous reaction came from the mcx cotton as it surges a lot of points with a high gaining performance. An instant reaction done over the comodities. The crude oil up by 45 points where the mentha oil gain 18.60 points for the delivery of the august month.
BUY MENTHA OIL ABOVE 839.40 TGT 843.40, 847.40, 854.40 SL 819.40
BUY COPPER ABOVE 450.30 TGT 451.30, 452.30, 453.20 SL 447.30
The energies as well as the base metals has changes their position and start to work in a positive direction as far as the future contract concern. A fabulous reaction came from the mcx cotton as it surges a lot of points with a high gaining performance. An instant reaction done over the comodities. The crude oil up by 45 points where the mentha oil gain 18.60 points for the delivery of the august month.
BUY MENTHA OIL ABOVE 839.40 TGT 843.40, 847.40, 854.40 SL 819.40BUY COPPER ABOVE 450.30 TGT 451.30, 452.30, 453.20 SL 447.30
