Crude oil price drop in domestic market, after morning bullish trend, crude oil are volatile since its position and touched an intraday high of 5577 with a low of 5535. On evening trade crude oil is expected to trade same volatile movement with mostly in bearish side. Brent Crude is trading at $103.18 while Nymex Crude is at $95.48.
Bullion are fall in day trading after correction in Indian currency , dollar prices comes under 58 and closed at 57.94. Gold for future delivery dropped by -55 point and looks more depreciation in remaining trade. Meanwhile silver are in green side with open interest not support the trend and expected to be volatile trend in silver in today evening session.
Mentha oil are back in bullish side after morning negative trend, on intraday trading it touch a low of 978 with a high of 1025. On evening trade Mentha oil are expecting to be in bullish side with high trend and advice to buy for long term trader.
Commodity calls
Buy gold august above 27920 tgt 27970, 28050, 28150………..sl 27700
Buy mentha oil june above 1015 tgt 1018, 1021, 1025………….sl 1000
Sell lead below 121.50 tgt 121.10, 120.70, 120.50…………..sl 124
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