In the mcx commodities the yellow and white metal are running in totally opposite side as compared to yesterday. In early trade both are looking bearish for future contract and going highly down side.
There is a lot of changes has been occurred in the products at multi commodity exchange. Very frequently a fluctuation has seen in the status of the products.
Base metal looks good as they are trade in green flag. The zinc, aluminum, copper, nickel are going up while the lead for May down at 110.25 by 0.15 points.
The crude oil and mentha oil looking as usual works in opposite direction of each other. Crude surge 0.27% with a change in open interest up 7.72% and mentha drop by 1 point at 882.10
In international market a down fall has been seen in Brent oil, Sugar, US Cotton, Natural Gas and in gold but Copper, Coffee, Soyabean oil, Wheat and Corn are trading in a higher level.
Monday chana was looked bearish but Tuesday it surge 0.33 percent against its previous close with a high of 3395 and low of 3370. Its best price and spot price are 3383 and 3400, open interest of 16860.
Silver sell Tgt 44814/44789/44774 Sl 44931
Nickel buy Tgt 820.2/820.7/821.2 Sl 816.9
Chana sell Tgt 3330/3305/3290 Sl 3395
Soyabean buy Tgt 3950/3960/3970 Sl 3900
There is a lot of changes has been occurred in the products at multi commodity exchange. Very frequently a fluctuation has seen in the status of the products.Base metal looks good as they are trade in green flag. The zinc, aluminum, copper, nickel are going up while the lead for May down at 110.25 by 0.15 points.
The crude oil and mentha oil looking as usual works in opposite direction of each other. Crude surge 0.27% with a change in open interest up 7.72% and mentha drop by 1 point at 882.10
In international market a down fall has been seen in Brent oil, Sugar, US Cotton, Natural Gas and in gold but Copper, Coffee, Soyabean oil, Wheat and Corn are trading in a higher level.
Monday chana was looked bearish but Tuesday it surge 0.33 percent against its previous close with a high of 3395 and low of 3370. Its best price and spot price are 3383 and 3400, open interest of 16860.
Silver sell Tgt 44814/44789/44774 Sl 44931
Nickel buy Tgt 820.2/820.7/821.2 Sl 816.9
Chana sell Tgt 3330/3305/3290 Sl 3395
Soyabean buy Tgt 3950/3960/3970 Sl 3900
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