According to Rudra Investment The Free Commodity Tips Expert, Crude oil continues to stabilize even today. However, Brent has come down slightly after touching $ 80 in the initial business. Nyamax crude is trading above $ 72. In fact, after the supply of OPEC has decreased, the impact of the US sanctions on Iran has now overwhelmed the market. In such a situation, the prices of crude remained strong.
Meanwhile, there is a slight pressure from the upper level in gold and in the global market, it is trading around tomorrow level. It costs $ 1290 on the Comex. Sloth is also in silver.
In the meanwhile, Copper has been on the rise for the second consecutive day after the trade war ended between the US and China. On the London Metal Exchange, it is around 0.25 percent higher. There is support in the hope of growing demand in China. Meanwhile, the price of lead on Shanghai Exchange rose by 3.5 percent. However, there is a slight recovery in rupee against the dollar today and the dollar has come down to Rs 68.
Rudra Investment The Free Commodity Tips Expert
NCDEX Chana (June futures): Sell - 3600, Target - 3530, Stop-Loss - 3625
NCDEX Guar Seed (June futures): Sell - 3800, Target - 3720, Stop-Loss - 3830
MCX Cotton (May futures): Buy - 21000, Target - 21300, Stop-Loss - 20950
MCX Gold (June futures): Buy - 31000, Target - 31300, Stop-Loss - 30880
MCX Silver (July futures): Buy - 40100, Target - 40700, Stop-Loss- 39700
MCX Copper (June futures): Buy - 464, Target - 470, Stop-Loss- 460
MCX Crude Oil (June Futures): Buy - 4900, Target - 4980, Stop-Loss- 4840
MCX Nickel (May futures): Buy - 995, Target - 1020, Stop-Loss - 980
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