Tuesday, October 16, 2018

All about Today’s Market With Commodity Tips Expert



Rudra Investment Commodity Tips Expert Says After the well-built improvement of yesterday, gold has come under judicious pressure from the higher level. In the global market, its price is lower than $ 1230. Indeed, the trend of investors in gold has increased a bit, with the fall in the stock markets universal. So, in the global market yesterday, gold went up to 10 weeks at the upper level. The holdings of SPDR Gold increased by about 2 percent.

Even in India gold is trading approximately the record level. However, there is a stable progress in silver. At the similar time, after the pressure of tomorrow, light revival has come in crude oil. Brent has a price of $ 81. While trading in NYMAX crude for $ 71, On the London Metal Exchange, the price of copper was broken by 1 percent due to the threat of a trade war between the US and China. There is a small weakness in the rupee against the dollar today. The dollar price is near Rs 73.90.

Investment Advice of Commodity Tips Expert

Silver MCX (November futures): Buy - 38800/38900 rupees, target - 39400/39500 Stop loss – 38600

Gold MCX (December futures): Buy - 31950/31980 rupees, target - 32200/32300 Stop loss - 31800

Copper MCX (October futures): Buy - Rs 453/454, target - 461/462 Stop loss - 450

Crude oil MCX (October futures): Sell - 5320/5330 bucks, target - 5220/5210 Stop loss – 5390


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