MCX Gold Commodity Tips Today
Rupee strength putting pressure on domestic market gold and silver prices. COMEX Gold 0.25% and Silver 0.35% are gained. Currently MCX gold is trading at Rs 31 270 with decline of 0.15%. Silver is trading at Rs 62 540 dropped 0.2%. MCX crude oil is trading higher 0.1% at Rs 4830. MCX base metals have been identified decline by 0.3 to 0.7%.
Gold October futures Sell - 31 280, stoploss – 31500, target – 31020.
Energy Crude Oil Tips :- NYMEX Crude Oil with marginal gains is at $ 90. LME Copper has seen good recovery at lower levels.
Crude oil October futures Sell - 4840, and target – 4763, stoploss - 4900.
Agri Commodity Tips :- NCDEX Red Chilli broken more than 1.5% and is trading at Rs 5275. Soybean and Soyaoil are seen declining trend. NCDEX Cummin with nearly 0.5% up is trading at Rs. 13 850.
Soybean October futures Sell - 3293 and target – 3250, stoploss – 3335.
Chana October futures Sell - 4225, stoploss - 4290 and target – 4160 – 4150.
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