According To Commodity Tips Expert the
refuse in crude oil has deepened. Brent's price in the global market has come
to $ 75. While the NYMEX crude is below $ 66.5. In fact, due to the reject in
the stock market of the world, the market sentiment has weakened. Meanwhile,
crude reserves in the US have enlarged drastically at 63 million barrels.
On the other hand, heaviness in
the dollar has amplified the gold glow and it has gone up to the last three
months in the global market. Gold at Comex has reached exceptionally close to $
1240. There is also an amplify of about 0.5 percent in silver. However, on the
London Metal Exchange, Copper has declined for the third repeated day and its
price has slipped nearly 1%. Meanwhile, the price of nickel in China has
dropped by about 3 percent. There is a weakness in the rupee against the dollar
today. The dollar is worth Rs 73.30.
Commodity Tips Expert
Investment Advice
Castor NCDEX: Sell - Rs 5400, Target - 5230 Stop loss
- 5488
Cumin NCDEX (December futures): Sell - 20300
bucks, target - 19,550 stop loss - 20600
Silver MCX (December futures): Buy - 38850
rupees, Goal - 39300 Stop loss - 38600
Crude oil MCX (November futures): Sell - Rs.
4900, Target - 4780 Stop loss - 4970
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