Best Free Commodity Tips| The decline in crude oil has gone deeper and Brent's price has dropped below $ 75, which is the lowest level in the last three weeks. Selling in NYMEX Crude is also dominated and it is trading at $ 66.5. In fact, OPEC has indicated to increase production. There is also an important meeting in Vienna next month. At the same time, raw production in America has increased to a record level.
Meanwhile, the dollar has increased rapidly and it has gone from 10 months to Euro. In such a situation, crude oil prices have come in full swing. Also, the rise in the dollar has put pressure on gold in the global market. Gold price at Comex is $ 1300. There is also pressure in silver. At the same time, on the London Metal Exchange, Copper has fallen to the lowest level of 2 weeks. Italy flooded the crisis and doubled the metal. There is also pressure on prices in China. There is a slight recovery in rupee against the dollar today.
Rudra Investment Best Free Commodity Tips
NCDEX Garcade (June futures): Sell - 3780, Target - 3600, Stop loss - 3840
NCDEX mustard (June futures): Sell - 3970, Target- 3800, Stop loss - 4030
MCX Cotton (June futures): Buy - 22100, Target - 23000, Stop loss - 21700
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