Mcx Bullion Tips :- MCX Gold has dropped below critical levels of Rs 30,000 and COMEX Gold decline by 0.15%. while MCX Silver remains above Rs 55,000 but COMEX Silver with nearly 0.5% down is trading under $ 29.
Gold Futures September Buy - 29 950, Stoploss - 29 850, Target – 30150.
Silver July Futures Buy - 54 900, Stoploss - 54 650, Target - 55 400.
MCX Copper Tips :- MCX base metals is seeing an increase. Copper is trading at Rs 412.70 with gained of 0.5%. Copper June Futures Buy - 411, Stoploss – 408, Target – 417.
NCDEX Commodity Trend :- Oil seeds is very volatile today. NCDEX Mustard Futures in declining trend. while Soybeans are traded on edge. According to USDA's recent report China may increase soybeans demand. But there is no reduction in yield estimates.
NCDEX Jeera Tips :- Jeera seeds have gone up today. NCDEX Cumin June and July Futures are trading nearly 1% up. July Futures price is around Rs 13,200. Jeera June Futures Buy - 13200, Stoploss – 13100, Target - 13 450.
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