According To Rudra Investment Commodity Tips Provider
Report Crude oil has going ahead to fall again due to growing reserves in the
US. In the global market, the price of crude oil has slipped 0.5 percent and at
the moment it is trading near a one-year low level. Indeed, crude reserves in
the US have greater than before by 49 million barrels to the level of December
last year. There is also a record production of crude.
In such a condition, the heaviness
on prices is increasing. Meanwhile, after the rise of tomorrow, gold is in a
very small area. Because of the holiday in America, the volume is also very
low. The market is on the G20 meeting in Argentina this month. Commodity Tips Provider
Says There is a prospect of a meeting with the President of the US President of
China. In the meanwhile, there has been a great recovery in rupee against the
dollar and the dollar has come near Rs 71.10. This is the upper level of last
11 weeks for the rupee. Let's look at the levels at which commodity market
starts at the levels.
Commodity Tips
Provider Investment Advice
Silver MCX (December futures):
Buy - Rs 36700, Target - Rs 37100, Stop Loss - 36475
Copper MCX (November futures):
Buy - Rs 437, Target - 441 rupees, Stop Loss - 434.75