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
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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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