In Commodity market, MCX Gold & Silver is now down side. Gold Aug contract is down 76 Rs at trade price 27670. MCX Intraday market touched a high price 27800 and low of 27631 Rs.MCX Silver July contract decline in afternoon, Silver trade price is dropped 127 Rs at 44171 Rs. It Intraday MCX silver touched a high prices 44361 and low of 44150 Rs.
MCX Base metals are product down side business today, Aluminium, copper, Lead, Zinc and Nickel decline 0.5% to 0.55 per cent.
Today Commodity market calls:-
SELL Gold Aug below 27600 targets 27550/27500/27450 Stop loss 27700
SELL Silver Jul below 44160 targets 44060/43900/43800 Stop loss 44300
BUY Crude oil above 6315 targets 6325/6335 Stop loss 6280
SELL Nickel below 1130 targets 1120/1110 Stop loss 1150
now COMMODITY TIPS in gold,gold recover from bottom @ 27801, may go upside till 27940
ReplyDeleteOn daily basis INTRADAY MCX TIPS for silver MCX CLOSED @ 44890 YESTERDAY, it Recover from bottom @ 45031
ReplyDeleteNickel advanced to the highest level in more than a month after an increase in U.S. employment fueled optimism that an economic recovery will boost demand.
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ReplyDeleteGOLD (5 AUG.) TREND: CONSOLIDATE RES 1: 28300 RES 2: 28500 SUPP 1: 27800 SUPP 2: 27500 STRATEGY: SELL ON HIGH
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Copper futures fell 0.07 per cent to Rs 358.30 per kg today as speculators indulged in trimming their positions amid a weak trend in global markets. MCX tips
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