Today, the commodity market is showing both the trends up and down. The precious metals gold and silver are looking bullish for the future contract. After a long time silver touches 1000 points and gold goes above 450 points.
The energy products are going down while among the base metals only copper and nickel looks positive. The cotton is also going down. With respect to mcx market the ncdex market is highly diminished.
In the international market the sugar price drop by 10.55 points or 2.13 percent to Rs. 484.55 and the coffee price reduced around 0.40 points or 0.33 percent at 121.50. The Brent oil price goes up and up.
Gainers : Gold, Silver, Guar Gum, Copper, Mustard Seed, Nickel
Losers : Cotton, Zinc, Barley, Natural Gas, Chlli, Suger, Crude Oil, Gur, Cardamom.
Barley Sell Target 1252.5/1245.5/1238.5 Stop Loss 1284.5
Gold Buy Target 26640/26665/26680 Stop Loss 26525
Turmeric Sell Target 5658/5648/5638 Stop Loss 5718 Silver
Buy Target 41307/41337/41357 Stop Loss 41167
Zinc Sell Target 111.9/111.4/110.9 Stop Loss 115.4
The energy products are going down while among the base metals only copper and nickel looks positive. The cotton is also going down. With respect to mcx market the ncdex market is highly diminished.
In the international market the sugar price drop by 10.55 points or 2.13 percent to Rs. 484.55 and the coffee price reduced around 0.40 points or 0.33 percent at 121.50. The Brent oil price goes up and up. Gainers : Gold, Silver, Guar Gum, Copper, Mustard Seed, Nickel
Losers : Cotton, Zinc, Barley, Natural Gas, Chlli, Suger, Crude Oil, Gur, Cardamom.
Barley Sell Target 1252.5/1245.5/1238.5 Stop Loss 1284.5
Gold Buy Target 26640/26665/26680 Stop Loss 26525
Turmeric Sell Target 5658/5648/5638 Stop Loss 5718 Silver
Buy Target 41307/41337/41357 Stop Loss 41167
Zinc Sell Target 111.9/111.4/110.9 Stop Loss 115.4
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