Commodity market turn to fully red , gold break the level and comes under 27400 and touch an intraday low of 27364 per 10 gram at MCX for future active delivery. Similarly Mcx silver for future delivery fall by more than 700 point had touch a low of 40765. More declined is being experienced in bullion prices in evening trade at MCX with volatile movement.
MCX crude oil weak on intraday trading for future delivery , today for august delivery it touch a low of 6440, Meanwhile a mixed trend is expected to trade on evening session. Dollar VS Rupees level affect the trend and forces back in downside.
Today MCX copper fall by more than 0.40 percent to 427.20 at 3:31 pm. More declination is look on copper prices for future delivery. However due to strong dollar and overseas support base metal expected to trade with a mixed trend.
Mentha oil prices make a good recovery on afternoon trade after morning bearish watch at MCX. Today for august delivery it touch a low of 842.30 and high level of 861.50.
today MCX lead show a negative trend on morning session and touch a low of 128.50 . on evening trade a soft correction is looking on lead prices if lead not break the level of 128.30 . if it break level then sell your position.
BUY GOLD OCT ABOVE 27400 TGT 27450, 27500 , 27600 STOPLOSS 27250
BUY CRUDE OIL AUG ABOVE 6450 TGT 6460, 6480, 6500 STOPLOSS 6400
BUY LEAD AUG ABOVE 128.60 TGT 128.90, 129.40, 130 STOPLOSS 127.50
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