The Free Commodity Tips Expert Says, The trade war base between China and the US is getting heavier on the base metal. Even today, the metal is weak on the Shanghai Exchange and London Metal Exchange. In fact, the US has proposed to import more than 200 billion dollars of imports from China and up to 25 percent. In this case, the decline in metal has increased, and in China, copper prices have fallen by 1% and nickel by about 2.5%. It also has an impact on LME. In the US, interest rates have not slowed, the dollar has slowed down, in this case, gold has received support from the lower level and it is doing business with lightning. Silver is also strong.
On the same day after the crude oil crisis, crude oil also has a recovery. The price of Brent fell to a low of 2 weeks yesterday. In fact, the crude reserves in the US increased by 38 million barrels. At the same time, the rupee got support from the dollar sluggish. Today the rupee is doing business with a little firmness. Dollar price is below Rs 67.5.
Rudra Investment Free Commodity Tips
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NCDEX Castor Seed (August futures):
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Buy- 4605/4610
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Target-4685
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Stop-loss - 4554
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NCDEX Soybean (Octurary futures):
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Buy- 3370/3375
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Target- 3450
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Stop-loss - 3320
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MCX Crude Oil (August Futures):
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Sell- 4645
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Target- 4585
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Stop-loss - 4675
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MCX Nickel (August futures):
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Buy- 912
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Target- 935
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Stop-loss - 898
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