The wheat commodity has declined in the agri commodity. In fact, pressure on wheat prices is increasing due to inward markets. Whereas, soybean and mustard are being traded on the edge. Soybean is getting support in the global market. Its price has increased more than 1% in futures. The mustard is also trading at 0.5 percent. Soybean is getting support in the global market.
Before the Fed decision, gold has risen and its price has increased by 1.4 percent. The strength of the domestic market has been strengthened since the beginning of the business. In fact, weak rupee and strength in the global market are supported on both sides. Trading is also on the rise in silver. At the same time, the price of crude oil has gone up to the last level of 1 month.
Investment Advice of Rudra Investment Stock And Commodity Expert
MCX Gold (April futures): Sell -30450, StopLoss 30550, Target 30200
MCX Silver (May futures): Sell- 38500, StopLoss 38700, Target 38000
NCDEX Barley (April futures): Sell- 1400, StopLoss 1340, Target 1475
NCDEX Cotton Khali (April Futures): Buy 1400, StopLoss 1431 Goal 1360
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