Best Commodity Tips
Provider Says After the important drop in crude oil yesterday, the heaviness is
still being seen. Due to the improved supply and reduce in demand yesterday,
Brent had witnessed a massive 7 percent fall. Brent is currently doing business
close to $ 65. Brent has fallen nearly 25 percent since the opening of October.
In the US, oil construction can reach record level of 79.4 million barrels in
December. But on the commodity market, there will be a lot of impact on the
rupee today. Due to the weak point in crude oil, the rupee has seen a pointed
increase in the rupee against the dollar.
Gold is trading with a minor raise
today. Gold at the comex is above $ 1200. Talking about base metals, there is a
mixed trend in Shanghai. Nickel has declined by more than 1 percent, but with a
slight increase in Copper and Zinc is trading.
Best Commodity Tips
Investment Advice
Gold MCX (December futures): Sell - 30850
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Stop loss - 31000, Target - 30600/30550
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Crude oil MCX (November futures): Sell - 4160/4170
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Stop loss - 4230, Target - 4060/4050
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Copper MCX (November futures): Sell - 434/435
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Stop loss - 441, Target - 425/424
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