A Rudra Investment Commodity Market Expert
Provide Profitable Trading idea for today commodity market Crude oil has gained
energy today. In the domestic market, its price has jumped nearly 2.5 percent.
Indeed, between the consultation between the China and the US and OPEC cuts,
crude is continually growing in the global market. Brent has reached 60
dollars. While NYMEX crude is trading above $ 50. With the hope of getting
better demand in China, copper has also risen.
All the metal, including copper,
are trading 0.5 to 1 per cent higher. Nickel has gained the fastest one percent.
But due to sluggish global markets and recovery in rupee, there is heaviness on
gold in the domestic market.
In the agri commodity, gram has
been reduced by about 0.5 percent from the low level of 2 months. Whereas
coriander has an dropped sharply. Weakening of mustard is going on, but Soybean
is able to make a slight lead.
Investment advice of Commodity Market Expert
Soybean
NCDEX (February Futures): Buy - 3585, Stop Loss - 3540, Target - 3680
Castor
Seed NCDEX (February Futures): Buy - 5340 Stop Loss - 5300, Target - 5430
Mentha
Oil MCX (January Futures): Buy - 1645, Stop Loss - 1625, Target - 1680
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