Thursday, August 16, 2018

Trade Between The Today Market With Best Commodity Tips


According to the Best Commodity Tips Provider, The Rupee rebounds on the lower level since the rally in the dollar. The price of one dollar has gone up to Rs 70.25. In fact, the dollar index is at an upper level of about 15 months. In this case, the price of gold in the global market has touched a low of 19 months. At present, gold is worth $ 1170. However, in the initial business, it slipped below $ 1160. At the same time, silver is at the bottom of the last 30 months and trading is below $ 14.5.

Meanwhile, Platinum has slipped down to 9.5 years. Indeed, the demand for gold in the global market is extremely low. The holdings of the world's largest gold fund SPDR Gold have come down to the lowest level of 2.5 years and yesterday it was a massive decline of 1 percent. Meanwhile, news has come that a delegation of China will go to America at the end of this month. Expectations of trade talks between the two countries are being expressed. Despite this, crude oil is weak and Brent is under $ 71. While NYMEX crude is trading below 65 dollars.

Meanwhile, the rise in the dollar also hit the base metal. In China, the price of copper and zinc has dropped in the last 15 months. Selling in base metal is also dominated by the London Metal Exchange. In fact, Yuan has also fallen on the lower level of the last 1.5 years compared to the dollar. Let's look at the levels at which commodity market starts today.


Rudra Investment Best Commodity Tips

MCX Cotton (October futures):             Sell - 23820, Goal - 23500, Stop loss - 23970

NCDEX turmeric (September futures): Sell - 7080-7090, Target - 6900, Stop loss - 7160

NCDEX Chana (September futures):     Buy - 4300, Target - 4390, Stop loss - 4260

MCX Aluminum:                                        Buy - 142, Target - 145, Stop loss - 140

MCX Crude Oil:                                         Buy - 4510, Target - 4600, Stop loss - 4580

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