MCX Crude Oil and Copper Tips for Today
Bullion Gold Silver updates :- MCX Gold on edge while Silver is trading with lethargy. gold currently at Rs 29 383 with strength of 0.35% and silver is flat and trading at Rs 52 862. International markets gold and silver are trading with weakness. silver is down 1%.
MCX Crude Oil Tips :- Crude oil remains early weakness. Crude Oil is trading at Rs 5054 with fell by 0.75. NYMEX crude oil prices declined by about 2%. Although prices are currently $ 90/ Barrel.
Crude oil Sell -5 070, Stoploss -5 100, Target - 5,000.
MCX Base Metals business is weak today Nickel and lead are seeing decline of 0.5% while copper prices declined by 0.30%. Aluminum slight increase while zinc business is flat.
Copper Tips Today :- Copper Sell -423, Stoploss – 426, Target - 415.
NCDEX Commodity Updates :- NCDEX Turmeric August, September and October futures are trading with gain of 3%. Castor seed November futures have jumped 2%. Cotton cake August and September futures fell 3% while soybeans November December futures are trading with 2% down.