MCX Tips for Today : Gold and Crude Oil
Domestic Market Gold Silver seems to be on pressure despite of rapid growth in International Market. COMEX Gold 0.5% and Silver is gained 0.25%. NYMEX Crude oil nearly 1% and LME Copper have been strengthened by 0.5%.
MCX Gold is trading flat around Rs 31 915. while silver has risen beyond Rs 64,500 with gain of 0.25%. MCX crude oil with gain of 0.5% is close to Rs 5,050. MCX base metals boom is seeing 0.2 to 0.6 %. copper is trading at Rs 454.10 with 0.4% up.
Gold October Futures Buy - 31 830, target – 32000, stoploss - 31 740.
Crude oil October Futures Buy - 4970, stoploss – 4930, target - 5060
Mentha Oil September Futures Sell - 1195, stoploss – 1210, target - 1165
NCDEX Commodity Today
NCDEX Pepper September futures have risen to Rs 43,000 with gain of 1.5% . Mustard September futures is trading at Rs 4170.
Soybean November futures Sell - 3525, stoploss – 3565, target – 3470.
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