According to the Rudra Investment Best Commodity Tips, The Crude oil has risen before the OPEC meeting in Vienna today and its price has jumped nearly 1 percent. However, despite the increase, Brent remained under $ 74. Nymex crude is trading above $ 66. In fact, Iran has opposed the increase in supply. Tell you Saudi Arabia and Russia are already advocating increasing the supply of crude to about one million barrels. In such a situation, crude prices have dropped by almost 8% in the last one month. This afternoon, the results of the OPEC meeting will come.
Meanwhile, there is a slight recovery from the lower level of gold. In spite of this, however, its price at Comex is below $ 1,270. Gold had touched a low of 7 months yesterday. In fact, the dollar index has gone up to the 11-month high. Meanwhile, the rupee has recovered against the dollar and the dollar has come down to 67 rupees by 90 paise.
Rudra Investment Best Commodity Tips
Mustard NCDEX (July Futures
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Sell - 3990
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Stop-Loss - 4030
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Target - 3920
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Chana NCDEX (July futures)
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Buy - 3480
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Stop-Loss - 3460
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Target - 3560
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Gold MCX (August futures)
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Sell - 30750
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Stop-Loss - 30900
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Target - 30500
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Silver MCX (July Futures)
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Sell - 39900
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Stop-Loss - 40200
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Target - 39200
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Copper MCX (June futures)
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Sell - 457
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Stop-Loss - 461
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Target – 450
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Crude oil MCX (July futures)
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Sell - 4530
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Stop-loss - 4580
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Target - 4440
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