Good morning friends, on starting of new week domestic Commodity market Mcx show a full on green, Mcx gold prices again ready to continue its positive momentum, today its open at 31806 and expected to show a volatile trend in today trade, while if we move to silver prices its open at 53700 a big gain on opening day against its last close of 53473 per kg. After sharp recovery in Dollar prices crude oil prices looks in good level, and hope to trade in positive side today at MCX.
On Monday morning a good opening had seen in base metal especially in Copper prices , today Mcx copper for august delivery open at 476.45 and raise by 0.87% on intraday trading. However same trend are watched on natural gas for future delivery today it open with bit correction in its last closing and open at 224 , a sharp correction with an increment by more than 1.50% had seen on early hour of trading at MCX.a positive day a seems on natural to book a good profit.
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Intraday calls
BUY NATURAL GAS SEP ABOVE 226.80 TGT 227.50, 228.50, 230 STOPLOSS 223
BUY GOLD OCT ABOVE 31850 TGT 31890, 31950, 32050 STOPLOSS 31670
BUY SILVER SEP ABOVE 54000 TGT 54100, 54250, 54400 STOPLOSS 53650
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