According to the Profitable Commodity Tips, The Estimates for demand increased with base metals rising in China and the price of all the metal including copper has been increased on the Shanghai Future Exchange. During this week, the price of copper in China has jumped 3.75 percent. In fact, in the June quarter, there was an average 20% jump in profits of companies. Copper has also gained on the London Metal Exchange during this period, and for the first time in the last seven weeks, Copper has been able to make weekly increases.
Meanwhile, there is a slight recovery in gold and silver. Although the business is getting very small, and gold is priced at $ 1225 on the commerce. At the same time, there is an absolutely flat business in crude oil. Brent is at $ 74.5, while WTI crude is trading at $ 69.5. The rupee has increased strongly against the dollar today. The price of one dollar has come down to Rs 68.60.
Rudra Investment Profitable Commodity Tips
Nickel MCX (July futures):
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Buy – 930
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Target - 955
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Stop loss – 915
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Copper MCX (August futures):
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Buy - 425
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Target - 435
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Stop Loss - 418
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Mustard NCDEX (August futures):
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Buy - 4150
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Target - 4230
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Stop Loss - 4110
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Cumin NCDEX (August futures):
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Buy - 19540
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Target - 19700
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Stop Loss - 19470
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