As the Best Commodity Tips
Provider Announced the Last Week that Crude oil has come down heavily. In the
global market, the price of NaMx crude has touched a low of $ 63.5, which is
the smallest level of around 7 months. Brent is trading at $ 72.5, which is the
lowest level of last 2.5 months. muscular production in the US, Russia and
Saudi Arabia has put pressure on prices. Meanwhile, OPEC's crude production has
also gone up to the last two years. In such a condition, the decline in prices
of crude oil has enlarged.
At the identical time, after the increase
of yesterday, there has been pressure from the high level in gold in the global
market. Gold at the commex is trading near $ 1230. Silver also slumped about
0.5 percent from yesterday's upper levels. There is a great recovery in rupee
against the dollar today. The dollar has come to Rs 73, which is the upper
level of the last one month for the rupee. Let's look at the levels at which
commodity market starts today.
Best Commodity Tips
provider Investment Advice
|
MCX Gold: Buy - 31850
|
Stop Loss - 31750, target - 32100
|
|
MCX crude oil: Sell - 3720
|
stop loss - 3760, target - 3580
|
|
MCX Copper: Sell - 442
|
Stop Loss - 444, target - 437
|
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