Thursday, October 4, 2018

Where Can You Trade In Today’s Market By Commodity Market Expert



According To Commodity Market Expert, The refuse in crude oil has rise sharply. Rupee has slipped to the smallest level against the dollar. The dollar has touched the level of Rs 73.76. About 15 per cent of the rupee has come down this year, while crude prices have jumped 55 per cent. Brent is currently trading above $ 86 in Brent. Of course, there is some heaviness from the upper level between the signals of Saudi and Russia to increase the supply. But the extract still remains at the upper level of four years.

Meanwhile, WTI Crude is also trading above $ 76. However, with the rise in the dollar index, gold is showing strain in the global market, and its price has fallen below $ 1200 on the comma. Also, silver has lost much of yesterday's growth. But aluminium is on the London Metal Exchange and the price has gone up to the last 3.5 months. Prices were supported by the risk of falling supply of alumina from Brazil.

 Commodity Market Expert Investment Advice

Crude oil MCX (October futures): Buy - 5580, stop loss - 5540 and target - 5640

Copper MCX (November futures): Buy - 466, stop loss - 463 and Target - 470

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