Rudra Investment Commodity Market Expert Said today Crude oil has approach down payable to fear of trade war and Brent has slipped below $ 78. for the moment, Russia has indicated to help with the US to preserve balance in the energy market. There is also an imperative meeting of OPEC and non-OPEC countries in Algeria this month, where the current location is expected to be discussed. The eyes of the whole market are at this meeting.
Meanwhile, there is also a decelerate in gold in the global market unpaid to light revitalization in the dollar. Gold is trading below $ 1200 in the global market. While the silver is trading at $ 14 a decline. After the weak establish today, the rupee has recovered against the dollar and the price of 1 dollar has come down to Rs. 72.5.
Investment Advice Of Rudra Investment Commodity Market Expert
Soybean NCDEX (October futures): Sell - 3250, Target - 3150, Stoploss – 3300
Chana NCDEX (October futures): Sell - 3980, Target - 4030, stoploss – 3880
Cumin NCDEX (October futures): Sell - 20000, Target - 19400, Stoploss – 20300
Cumin NCDEX (October futures): Sell - 20000, Target - 19400, Stoploss – 20300
Natural Gas MCX: Buy - 202, Target - 206, Stoploss – 199
Silver MCX: Buy - 36800, Target - 37500, Stoploss – 36400
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