MCX Tips Today
Today MCX Gold Silver looks under pressure despite of International markets are showing modest gains. COMEX Gold 0.1% and Silver has been strong by 0.4%. MCX gold is flat and trading around Rs 29 680 while silver with 0.2% up is close to Rs 53,000.
Gold October Futures Buy - 30050, Stoploss – 29900, Target - 30 450.
NYMEX Crude Oil reached 87.50 dollars with jumped by 0.5%. MCX crude oil is trading at Rs 4930 with marginal decline. MCX Base Metals seens 0.25% gain.
Zinc August futures Buy - 102, Stoploss – 101, Target – 104.50.
NCDEX Turmeric is approaching to Rs 5,600 with 1% jumped. Castor Seed with gain of 0.5% is trading at Rs 4520. Coriander is also up 0.5% is trading at Rs 5125. Cotton April futures have gone up 1.5% and price is reached to Rs 1,140 and. Red Pepper has been reached to Rs 5740 with jumped 0.7%. NCDEX Chana November futures declined 0.5% while September futures strength 0.5%. wheat September, October and November futures has weakened by about 0.5%.
NCDEX Tips Today
Mustard September Futures Sell - 4510, Target – 4575, Stoploss – 4475.
Sugar September Futures Buy - 3585, Stoploss – 3550, Target – 3640.