A high downfall has been occurred in the price of the precious metals. Sliver drop around 1.84 percent to Rs. 43695.00 and gold drop by 0.90 percent at 26466.00
The oil and base metals are looking bearish for the noon session. Cotton which was traded in a high note right now is working down 20 points at 17920.00, only the natural gas maintained its position and gain 1.80 points.
In the base metals nickel has dropped 10.50 points and the strongest metal among them copper for June slipped 4.35 points.
The rape mustard seed has range bound between 3410-3560. Support for commodity is at 1130 and resistance at 1205 level. The total production estimated around 71.5 lakh.
Gold Status sell target 26423/26398/26383 stop loss 26548
Silver Status sell target 43671/43646/43631 stop loss 43806
The oil and base metals are looking bearish for the noon session. Cotton which was traded in a high note right now is working down 20 points at 17920.00, only the natural gas maintained its position and gain 1.80 points. In the base metals nickel has dropped 10.50 points and the strongest metal among them copper for June slipped 4.35 points.
The rape mustard seed has range bound between 3410-3560. Support for commodity is at 1130 and resistance at 1205 level. The total production estimated around 71.5 lakh.
PRODUCTS
|
GAINER/LOSER
|
CHANGES (%)
|
CONTRACT
|
Gold
|
Loss
|
0.69%
|
June
|
Siver
|
Loss
|
1.53%
|
July
|
Crude oil
|
Loss
|
1.00%
|
May
|
Chana
|
Gain
|
0.73%
|
June
|
Natural gas
|
Gain
|
1.09%
|
May
|
Chilli
|
Gain
|
0.2%
|
September
|
Jeera
|
Loss
|
0.17%
|
May
|
Maize
|
Gain
|
1.66%
|
June
|
Potato
|
Loss
|
0.79%
|
June
|
Gold Status sell target 26423/26398/26383 stop loss 26548
Silver Status sell target 43671/43646/43631 stop loss 43806
