Thursday, January 3, 2019

Best Trading Strategy In Today Market By Commodity Tips Expert



According To Commodity Tips Expert After the go up in crude oil prices today, there has been a sharp refuse today. Crude has dropped 3 percent in the domestic market. There is also heaviness from the high level in the global market and the impact of this is on domestic prices. Meanwhile, the price of gold has jumped nearly 1 percent. It has got support from the bullish and weak rupee in the global market. Silver is also trading at around 2 percent. The metal is sharp except the nickel in the base metal. However, on LME, copper has come down to 3.5 months at the inferior level.

The refuse in gram has increased in Agri Commodity and it is at the minor level of 2 months. Selling in the same cotton market and Coriander also prevailed there. Stress on cumin is also seen in spices. But food oils have risen today and in particular the price of palm oil has increased.

Investment advice of Commodity Tips Expert

Chana NCDEX (Jan futures): Sell - 4280, Stop Loss - 4320, Target - 4200

Cotton Khalee NCDEX (January Futures): Sell - 1925, Stop Loss - 1940, Target - 1900

Silver MCX (March futures): Buy - 39100, Stop Loss - 38900, Target - 39400

Crude oil MCX (January futures): Buy - 3220, Stop Loss - 3185, Target - 3280

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