Today the price of soybean has jumped about 3% in Agri Commodity. Prices have been supported in the global market. At the same time, the price of cumin has fallen by almost 1 percent in spices. While turmeric is trading up 1 percent. Castor seed has also gained about 1 percent today.
Meanwhile, after a huge fall of 10 percent last week, there is a great recovery in raw today. Its price has jumped nearly 2 percent. In the global market, crude oil has been reduced to about 2.5 percent from the low level of 2 months.Brent has crossed $ 64. While trading above $ 60 in WTI crude. Last week, there was a sharp decline due to the increase in production in the US. At the same time, there has been a rise in gold since the beginning of the business and it is trading at around 0.5%. Today, President Trump will announce the infrastructure plan in the US and before that, copper has shown consistency from the lower level of two months.
Rudra Investment Commodity Tips Expert :
MCX Palm Oil (February Futures): Buy 580, Goal 586, Stoplaus 577
NCDEX Soya Oil (March futures): Buy 748, Target 755, Stoplaus 745
MCX Gold (April futures): Sell 30150, target 30300,Stoploss29800
MCX Copper (February futures): Sell 438, Target 442, Stoploss 432
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