In NCDEX market turmeric price are trading at bullish side and expected to move on for future delivery, turmeric for June delivery trading +64 point high against its last at 5652. Jeera price are trade with a mixed sluggish movement. Today it opens at 13170 for June delivery, on early Tuesday trade it show a negative trend and looking to trade today with a bearish in Domestic NCDEX market.While at MCX bullion are trading in bearish side form morning , some positive reaction are seen in yellow metal due to correction in dollar price but it is not sufficient to hold gold in green side. On intraday gold price touch a high of 27272 with a low of 27127 for June delivery. While MCX silver are looking to move on downside more on intraday trade for July delivery, today it open at 44206 with a high of 44319 and low of 44069.
In base metal a mixed reaction had seen in morning session, on Tuesday morning base metal are open in downside, today MCX nickel for June delivery open at 857.40. on intraday trade it touch a high of 870 with a low of 856.90. In evening trade nickel are looking to moves up with a small correction. Similar trend is following by MCX copper price in domestic market, today copper for June delivery touch a high of 419.80 and low of 415.55 after opening at 415.50.
Meanwhile lead and zinc are looking to follow a same bearish trend with small correction in evening trade. Lead and zinc are June deliveries are bounded in physical market due to diminish in its global price.
BUY LEAD JUNE ABOVE 125.50 TGT 125.80, 126.20, 127.50……………………SL 123.50
BUY COPPER JUNE ABOVE 419 TGT 420, 421, 422.50………SL 416
BUY MENTHA OIL JUNE ABOVE 950 TGT 955, 960, 970…………..SL 930
SELL SILVER JUNE BELOW 44000 TGT 43900, 43800, 43750---…………….SL 44590
BUY NICKEL ABOVE 864.50 TGT 866, 868, 870…………SL 856
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