Profitable Commodity Tips | What Strategy Should Be Do In The Market

Profitable Commodity Tips | The rupee has come in the rupee against the dollar today and the price of one dollar has come to 67.10 rupees. The rupee has recovered about 0.5 percent from the low of 15 months. Actually, the dollar is showing some pressure from the upper level of 4.5 months. In such a situation, crude oil moves in the global market too. Brent and Nymax crude are trading with light pressure. Although the price has remained at the upper level of 3½ years.

There is also dullness in gold at $ 1320. Meanwhile, London Metal Exchange Aluminum has declined by almost 1 percent today. This week it has broken more than 1.5 percent. Although on April 5, when the US had made Restraint on Russel, aluminum is still around 15% above it. On the same day, there is pressure in Copper on the London Metal Exchange today following the rise of yesterday.

Rudra Investment Profitable Commodity Tips

MCX Cotton (May futures): Sell - 20750, Target - 20500, Stop loss – 20900        

NCDEX Soybean (May futures): Buy - 3760, Target - 3830, Stop loss - 3730       

NCDEX Castor Seed (May futures): Sell - 4070, Target  - 4000, Stop loss - 4100 

MCX Crude Oil (May futures): Sell - 4750,   Target - 4700, Stop loss - 4775        

MCX Copper (June futures): Buy - 460, Target - 466, Stop loss - 457                   

MCX Aluminum (May futures): Sell - 155.5, Target  - 153, Stop loss - 156.5       

MCX Silver (July futures): Sell - 40350, Target  - 40100, Stop loss - 40450          

MCX Zinc (May futures): Sell - 207, Target - 204.5, Stop loss - 209.5