According to The Best Commodity Tips, Crude oil has declined and hopefully improved the supply and Brent has slipped below $ 75. Neamax crude is trading down 0.5%. In fact, the production of crude oil in Libya is estimated to increase. Russia is also going to increase production. In such a situation, the prices of crude oil have come under all-round pressure.
Meanwhile, in the global market, gold has shown consistency from the lower level of the last 7 months and has now moved up to $ 1240. Gold last week touched a level of $ 1238. Along with China's poor data, Aluminum prices have fallen by about 0.5 percent on the Shanghai Exchange. There is a slight weakness in the rupee against the dollar today and the dollar has crossed Rs 68.75. However, monsoon has improved in Gujarat and there have been heavy rains in Saurashtra in the last 24 hours.
Rudra Investment Best Commodity Tips
MCX Copper (August futures):
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Buy - 422
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Stop-Loss - 417
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Target - 431
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MCX Silver (September futures):
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Buy - 39000
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Stop-Loss - 39900
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Target - 38600
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MCX Cotton (August futures):
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Buy - 1760
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Stop-Loss - 1720
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Target - 1840
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NCDEX Soybean (October futures):
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Sell - 3360
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Stop-Loss - 3400
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Target - 3260
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