Best Commodity Tips | Trade wrecks and crude oil have the fastest pressure on the rupee. Rupee record has dropped to the lowest level against the dollar today. The price of one dollar has crossed Rs 69. During this year, there has been a weakness of about 7 percent in the rupee. Which is the highest decline in entire Asia. It has to see how much its impact on the domestic commodity market.
Meanwhile, crude oil in the global market has started getting pressure from the upper level. Brent has come down 0.25 percent. While Nymax crude has slumped about 0.5 percent. There is a strong strength in gold and silver in the global market. Meanwhile, the monsoon has reached more or less the whole country. It has registered its presence in some areas of Jammu and Kashmir. Soon, they will knock in Haryana and Delhi too. In the past 24 hours, in eastern Uttar Pradesh, it received more than 90 percent more rainfall than normal. On the other hand, in western Madhya Pradesh, it has risen 111 percent more than normal.
Rudra Investment Best Commodity Tips
Guar Seed NCDEX (July Futures): Buy - 3750, Stop-loss - 3680 and Target - 3880
Turmeric NCDEX (July futures): Buy - 7340, Stop-loss - 7260 and Target - 7480
Crude oil MCX (July futures): Buy - 4950, Stop-loss- 4900 and Target - 5020
Nickel MCX (June futures): Buy - 1014, Stop-loss - 1000 and Target - 1035
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