Evening gold silver down | cotton tips | base metal news | intraday future trading

In evening session the precious metals gold and silver both are looking bearish. For June and July gold and silver drop by 0.45 percent to Rs. 26230 and 0.74 percent to Rs. 43247.00 

Cotton is working in a same position as it was looking in the morning trade. Cotton fall by 110 points at 17990.00, it takes a high of 18060 and low of 17950.00. 

In base metal Aluminium, Copper and Nickel going down while lead and zinc are going up today. Mentha oil also slip by 9.10 points and crude oil up by 23 points at 5238. 

At National commodity and derivative exchange most of the products are working in a red sign and going down sharply. 

Sell cotton tg 17975 | 17960 | 17945 sl 18050 

Sell silver tg 43221 | 43201 | 436191 sl 43341 

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Gold Silver update, Crude oil looking bearish, best commodity tips for today April 18' 13

MCX NEWS 

Thursday, it is seen that the gold and silver are further going to sell. In the international market gold fell by more than 1 percent in early trade. Globally silver is also trading negative. For May at 10:00 am it was slipped by 0.91% at $23.113. 

Oil price is also in under pressure. Brent oil is further low below $97 a barrel. Crude oil lost 20 points to Rs. 4681 against its previous close. Today it opened at 4702 down by 1 point. 

NCDEX NEWS 

In current market the production of ncdex Sugar in country reached 24.1 million tonnes down 2% from 24.5 million tones. Near about 793 lakh sugarcane were crushed to produce 7.2 million tonnes of sugar. 

Coriander support for today was seen at 6700 while resistance at 7120. The product may trade negative today. A sharp fall in the price of coriander happened due to lower production. 

Jeera is moving in a side way looking bearish for short term. Expert says that it is good to buy above 13336.7 with the stop loss of 12931.5 

INTRADAY CALLS 

Sell Crude oil below 4682 tgt 4620/ 4612/ 4601 sl 4700 

Sell gold below 254201 tgt 25386/ 25361/ 25346 sl 25521 

Sell silver below 43000 tgt 42955/ 42920/ 42835 sl 43150

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Pepper updates MCX Gold levels for today

Gold is going down by 128 points for April, supported by 29004 level and resisted by 29656 level. The Silver is also looking bearish. 

All the Base metals are showing down trend. Rather than all the metals Cotton working in a high level, it gained 50 points at 19280 against its previous close. 
 
The trading range for Pepper is moving between 35500 to 36500. It fell down by 1 percent to Rs. 3564 

Sell Gold Target 28979, 28959 Stop loss 29049 
Sell Silver Target 50913, 50898 Stop loss 50993 
Sell Mentha Oil Target 1036.6, 1033.6 Stop loss 1054.6 
Sell Crude Oil Target 5276, 5271 Stop loss 5296

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