Evening session in commodity market seems to be quite disgraceful for trading. From the morning time the commodities used to work in a downside and are still maintained the position and remain as it is.
The energy source crude oil is going down where the mentha oil is going up. The crude oil price is depreciated by 0.52 percent to Rs. 6360.00 and the menthe oil surge 11.80 points to Rs. 889.30
If we talk about the base metals then among all base metals the copper is the only one which is looking bullish in spite of this all other metals like zinc, lead, aluminium, nickel are looking bearish.
CRUDE OIL SELL TGT 6343/6337/6331 STOPLOSS 6370
NICKEL SELL TGT 834.3/833.8/833.3 STOPLOSS 837.3
tO gET mORE mCX nCDEX cOMMODITY mARKET tIPS aND iNTRADAY cALLS
The energy source crude oil is going down where the mentha oil is going up. The crude oil price is depreciated by 0.52 percent to Rs. 6360.00 and the menthe oil surge 11.80 points to Rs. 889.30
If we talk about the base metals then among all base metals the copper is the only one which is looking bullish in spite of this all other metals like zinc, lead, aluminium, nickel are looking bearish.
CRUDE OIL SELL TGT 6343/6337/6331 STOPLOSS 6370
NICKEL SELL TGT 834.3/833.8/833.3 STOPLOSS 837.3
tO gET mORE mCX nCDEX cOMMODITY mARKET tIPS aND iNTRADAY cALLS
Live NCDEX Tips for Crude oil is that Crudeoil trading range for the day is 6097-6229. Crude oil ended with gains on bitter cold in the United States which boosted heating oil demand.
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