Tuesday, in mcx commodity market most of the metal are looking bearish and working in a rough note. The white precious metal silver drop by 238 points to Rs. 44176.00 but the yellow metal gains 11 point to Rs. 27190.00
At 10:44 all the base metals have changed their position and start working in a positive note. All are trading for the June month. Among all the base metal Nickel is the one which get 7.50 point at 865.10. The same trend has been followed by cotton.
The oil price has decreasing continuously at national level. Crude oil slips by 7 point and mentha oil by 3.90 point. Overall trend of national commodity and derivative exchange is looking bullish. The grains like barley, maize and wheat are going up against their previous close.
Buy cotton above 18960 tgt 18975/18990/19005 sl 18900
Sell silver below 44295 tgt 44265/44240/44225 sl 44375
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