Indian Currency trading in downside near 62.63 to 62.80 against Dollar. Today Indian share market closed in down side while commodity market are trading bearish . Domestic physical demand are reduced in Indian market which is going to jump in coming week due to festive season. Currently gold and silver are trading in downside since morning and on evening session expected the same trend. On intraday trading gold price made a low of 30470 while silver touch a low of 48955 per kg.
today copper prices are declined at MCX by 0.70% to 465 demand are changes due top Manson factor which causes copper volatile on overseas and domestic. Alloy industry also suffering due to low demand in metal like zinc, lead, and nickel.
On evening trade rupees lead to recover and expected to be close in green side, and base metal trade in downside.
Today Mcx tips
sell gold oct below 30570 tgt 30500/ 30400/ 30300 sl 30750
sell silver dec below 49200 tgt 49100/ 49000/ 48700 sl 49650
sell nickel oct below 882 tgt 880/ 876/ 870 sl 892
sell mentha oil oct below 866 tgt 863/ 860/ 855 sl 875
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