Monday, July 30, 2018

Where to Trade In Today Market With Best Commodity Tips 30 July


Best Commodity Tips  | Copper prices have slumped nearly 1 percent on the London Metal Exchange due to fear of a fall in demand in China. In fact, this year China is expected to get bad figures. So, after making about a 2.5 percent increase in last week, Copper has come under pressure. This year, about 14 percent of copper has come down. However, there are steadily rising steel prices with the rest of the metal in China.
Meanwhile, the pressure on gold has increased due to the Federal Reserve meeting starting tomorrow. Gold at the commex is trading at $ 1,220. At the same time, Chadhi dropped 0.25 percent to below $ 15.5. Due to lack of demand, crude oil has also remained sluggish. However, there is a slight increase in the rise in demand for NYMEX crude in the US. There is a weakness in the rupee against the dollar today and the dollar has crossed Rs 68.70. Meanwhile, due to improved rainfall in Uttar Pradesh and Bihar, the fear of drought is over.

Rudra Investment Best Commodity Tips

NCDEX Cotton Khali (August futures):
Buy - 1820
Goal - 1860
Stop loss- 1800
NCDEX cumin (August futures):
Buy - 19400
Target - 20200
Stop loss - 19100
MCX Silver (September futures)

Buy - 38000
Target - 38900
Stop loss- 37600
MCX Copper (August futures):
Buy - 424
Goal - 432
Stop loss- 421




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