Pressure on crude oil prices is starting to become again. European Central Bank's move has disappointed the market, which has been selling crude oil. So dominate the weak rupee in the international market, despite selling in MCX crude oil goes down to 1 per cent to Rs 4800. Naimaks 1.75 per cent on crude oil has come down to $ 86.
Gold and silver move in the domestic market decline has overshadowed the
international market. Nearly 0.5 per cent to Rs 29 600 on MCX gold and silver
is down 0.5 per cent to Rs 53 500. Comaks the gold and silver, 1 per cent 1 per
cent to $ 1592 are trading close to $ 27.
Decline in base metals except zinc. Nickel, aluminum, lead and copper from
0.4 to 0.2 per cent are poor.
Agri commodities sharp decline in mint oil. On MCX mentha oil prices have
slipped below Rs 1200. Mentha oil weakness in spot markets.
CommodityTradingCall’s experts advise for investors:-
Gold: Sell - 29 660, stoploss of Rs - 29 720, the target -
from 29,450 to 29,400
Copper: Sell - 429, stoploss of Rs - 431 goals - 426-425
MCX cardamom (July futures): Buy - 1360, stoploss of Rs -
1345, Target - 1400
NCDEX Chilli (July futures): Buy - 5000, stoploss of Rs -
4900, Target - 5200
Strong light in the international market in gold, while silver is trading
with strong gains. Comaks 0.30 per cent of the gold is trading at $ 1,583.
Silver with a gain of 1 per cent to $ 27 per ounce. Last week, with trading
dull gold in the domestic market had closed at Rs 29627, while silver was Rs 53
210, with slight edge.
Naimaks half per cent growth in crude oil is trading with. While prices are
above 84 dollars a barrel. Last week, crude oil slipped 0.32 per cent in the
domestic market had closed at Rs 4732.
Copper on the London Metal Exchange is trading with a slight edge. Slowdown
in the domestic market last week with Copper closed around Rs 424.
CommodityTradingCall’s experts advise for investors :-
Gold updates (August futures) MCX: Buy from -29,550 to 29,500
rupees, stoploss of Rs Rs -29 400, -29 750 target Rs
Copper (August futures) mcx tips : Sell Rs -427-428, -432
stoploss of Rs Rs Rs goals -420
Despite the boom in the international market of crude oil in the domestic
market began to fall. On MCX, crude oil is trading at around 0.5 per cent to Rs
4732.
Naimaks up 0.5 per cent on crude oil has reached close to 85 dollars a
barrel. Meanwhile, Brent crude is in the 1 per cent and the price is close to $
99.
Gold and silver seem to have ended. MCX gold is up to Rs 29 600. However,
the silver price of Rs 53 200
The level. Gold and silver, 1 per cent to 0.25 per cent Comaks strong.
The level. Gold and silver, 1 per cent to 0.25 per cent Comaks strong.
In base metals mixed business is. Copper and nickel have ended in. Aluminum,
zinc, lead the decline.
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