In early morning trade, the precious metals are looking bearish. The gold drop at 26635.00 by 72 points and silver down by 259 points at 44257.00 All the base metals are also showing same trend as of precious metals. Inspite of these the cotton and natural gas are going up.
The crude oil and mentha oil are slipped around 30 points and 8.90 points against their previous close for may delivery. In Asian market the oil price are rebounded.
At national commodity and derivative exchange most of the products are in red sign. Chana for delivery of all months is going higher for June it surge 0.03% at 3406. It takes a high of 3416 and low of 398.
Sell gur (July) Target 1250/1245/1240 Stop Loss 1275
Buy potato (June) Target 950/955/960 Stop Loss 925
Sell maize (June) Target 1125/1120/1115 Stop Loss 1165
Sell gold (June) Target 26617/26597/26587 Stop Loss 26727
Buy red chilli (June) Target 5770/5790/5810 Stop Loss 5700
Sell silver (July) Target 44266/44241/44226 Stop Loss 44399
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