According to the Profitable Commodity Tips, After the weighty fall in yesterday, crude oil has risen in a big way, and Brent's price has been nearly 2 percent cheaper from the last three weeks. Yesterday, there was a huge decline of about 5 percent in this. Brent is currently trading above $ 74.5. WTI Crude is also trading at around 0.5 percent.
Meanwhile, gold has also recovered from the lower level. Gold is trading above $ 1240 with a modest edge on the comma. However, despite the recovery in silver, it is under $ 16. On the London Metal Exchange, the slowdown in the metal remains intact and the price of copper is at the lower level of last year. Meanwhile, the rupee has strengthened against the dollar today and the price of 1 dollar is near Rs 68.60.
At the same time, the forecast rainfall in many areas of Madhya Pradesh, Punjab and Haryana in the next 24 hours. However, 36 percent of the country's area has received very less rainfall than usual.
At present, crude oil on MCX slips 0.75 percent and is trading at Rs 4,860. Natural gas is rolling around 0.5 percent and trading at 194.3 rupees. On MCX, gold has fallen 0.25 percent and is trading at Rs 30,240. Silver also declined 0.25 percent to Rs 39,200.
There is a trend of bull market today. On MCX, Copper is trading 0.5 percent higher at Rs 422.5. Nickel has reached a high of Rs 975.7 with a strong surge of 1.8 percent. Aluminum has recorded an increase of 0.25 percent, while Zinc too has increased by 0.25 percent. However, the lade's move seems dull.
At Eggy Commodity, cotton is flattened at NCDEX at Rs 1,150. Soya oil is trading at around Rs 750 with a marginal drop of 0.1 percent.
Rudra Investment Profitable Commodity Tips
|
Silver MCX (September futures):
|
Buy - 39500
|
Stop loss - 39000
|
Target - 40200
|
|
Zinc MCX (July futures):
|
Buy - 177.5
|
Stop Loss - 175
|
Target - 181
|
|
Cotton NCDEX (April futures):
|
Buy - 1150
|
Stop loss - 1142
|
Target - 1164
|
|
Soya Oil NCDEX (August Futures):
|
Sell - 758
|
Stop Loss - 764
|
Target - 748
|
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.