In the noon trading session gold slow down by 14 points to Rs.29526 and silver rose by 105 points to Rs. 51303 for future delivery.
The base metals are showing uptrend today. The energy products Crude oil looking bullish where as the Mentha oil seems bearish.
Due to surge in Chinese demand the price of diamond rose up. Polished and smaller Diamond have gone up to 5 percent. It is expected that in the coming next seven year the diamond sales will grow up.
NCDEX Jeera for May delivery traded higher by Rs. 62.50 to Rs.13865 per quintal in the lots of 19371 and Kapas gained 13.60(1.49%) at 929.20 in 928 lots with open interest of 1416.
Gainers : Kapas, Potato, Brent Crude Oil, Lead, Zinc Mini, Nickel, Cardamom, Cotton.
Losers : Mentha Oil, Crude Palm Oil, Aluminium Mini, Alumini
Buy Crude Oil above 5115
Target 5118/5120/5123
Stop Loss 5100
Buy Lead above 112.75
Target 113.25/13.75/14.25
Stop Loss 110.75
Buy Silver above 51338
Target 51348/51358/51368
Stop Loss 51258
The base metals are showing uptrend today. The energy products Crude oil looking bullish where as the Mentha oil seems bearish.
Due to surge in Chinese demand the price of diamond rose up. Polished and smaller Diamond have gone up to 5 percent. It is expected that in the coming next seven year the diamond sales will grow up.NCDEX Jeera for May delivery traded higher by Rs. 62.50 to Rs.13865 per quintal in the lots of 19371 and Kapas gained 13.60(1.49%) at 929.20 in 928 lots with open interest of 1416.
Gainers : Kapas, Potato, Brent Crude Oil, Lead, Zinc Mini, Nickel, Cardamom, Cotton.
Losers : Mentha Oil, Crude Palm Oil, Aluminium Mini, Alumini
Buy Crude Oil above 5115
Target 5118/5120/5123
Stop Loss 5100
Buy Lead above 112.75
Target 113.25/13.75/14.25
Stop Loss 110.75
Buy Silver above 51338
Target 51348/51358/51368
Stop Loss 51258
