Free Commodity Tips | There is a lot of rising in crude oil. Brent has received a light hearing from a low level of 3 weeks and its price has crossed $ 75. While the NYMAX crude has dropped sharply. It is trading below $ 67. In fact, OPEC can increase production by about 10 million barrels per day. And in the US, crude production is growing continuously. In such a situation, the brakes on crude oil are fast.
Meanwhile, the glow of gold in the global market has again faded. It is trading below $ 1300. Silver has declined by about 0.5 percent. And the price of nickel in China has jumped nearly 2.5 percent. In fact, it is trading close to 1% on the London Metal Exchange. However today against the dollar, there has been a sharp decline and the rupee is trading with a weakness of around 0.5 percent. The price of one dollar has reached 67.70 of the party.
Rudra investment Free Commodity Tips
- MCX Cotton (May futures): Buy - 21300, Target - 21600, Stop-loss - 21100
- NCDEX Guarseed (June futures): sell - 3800, Target - 3700, Stop-loss - 3835
- MCX Palm Oil (June Futures): sell - 658, Target - 650, Stop-loss - 661
- MCX Gold: sell - 31080, Target- 30900, Stop-loss - 31200
- MCX Silver (July futures): sell - 40200, Target - 9 700, Stop-loss - 40400
- MCX Crude Oil (June Futures): Buy- 4460, Target - 4550, Stop-loss - 4420
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