MCX NCDEX Commodity Tips for Today
Energy Crude Oil and NG Tips Today :- Crude Oil decline today. U.S. Energy Department report is going to come today. U.S. Crude Oil reserves is projected to grow. NYMEX Crude Oil prices slipped below $ 91 due to supplies are projected to grow. MCX crude oil is trading at Rs 4,880 with decline of 0.3%.
Crude oil October futures Sell - 4910, stoploss – 4950, and target – 4840.
Natural Gas October Futures Buy – 167, target – 171, stoploss – 164.
Gold Silver Tips Today :- Gold and Silver trading is sluggish today. However MCX gold is trading at Rs 31 485 with gain of 0.25%. while silver is trading at Rs 62 525 with 0.3% up.
Gold October Futures Buy - 31 450, stoploss - 31 250 and target - 31 700
Silver December futures Buy - 62400, and target -62 900, stoploss – 62000.
Base Metals Tips :- Base Metals Copper declined today while other metals business is dull. International Market decline effect is showing on Domestic Base metals prices. London Metal Exchange (LME) copper price has broken 1% due to estimate to decrease demand.
Copper Nov Futures Buy - 443, stoploss - 440 and the target - 447
Nickel September Futures Buy - 972, and the target – 998, stoploss – 962.
Lead September Futures Buy - 122.50 stoploss - 121 and target - 124.50
Zinc September Futures Buy - 111.50 stoploss – 110, target - 113.50
Aluminum September Futures Buy - 110.50 stoploss – 109.50, target – 113.40.
NCDEX Sugar Trend :- Sugar Sugar is becoming more pressing. Next month will begin new season of sugar in Country. International Sugar Organisation (ISO) is expected to record production of Sugar in world this year. Accourding ISO world's largest Sugar Import country in China and Australia may increase sugar production this year. As well as Brazil Sugar production is expected to grow. Currently NCDEX sugar is trading at Rs 3,530 with 0.5% down.
NCDEX Commodity Tips today :- NCDEX Soya oil prices have dropped 1.5% and price is around Rs 700. MCX Crude palm oil prices fell nearly 1% and is trading at Rs 463. NCDEX Mustard nearly 1% weak and is trading at Rs 3,950.
Soyatel October futures Sell - 703, stoploss - 706 and the target – 695.
Mustard October futures Sell - 3950, target – 3900, stoploss – 3970. MCX NCDEX Tips Free Trial