Today Rupees again slip to the level of 68.01 per dollar at inter bank foreign exchange. A huge correction is seen on gold and silver on this week,in this two days silver recover more than 6% or 4000 rs per kg. Currently silver prices are trading near 56305, while gold price at 33700 per 10 gram.
All commodity are on the hard pitch and expected a more score on today session, if we look base metal Mcx copper and nickel for future delivery rose up high today copper prices cross again the level of 500 and touch an intraday high of 504.80 while nickel made a high of 940. a soft mild correction is also watched in lead and zinc prices at MCX for future delivery.
Energies commodity also got fire in afternoon session, today natural gas again cover up the level of 250 but not looking to forward that position for a long time, today Mcx natural gas for future delivery made a high of 252,while mentha oil touch a high of 953. Crude oil for future delivery break again the level of 7350 and made a hike of 7377 per barrel. Today tips
BUY GOLD OCT ABOVE 33750 tgt 33800, 33870, 34000 STOPLOSS 33450
BUY SILVER SEP ABOVE 56450 TGT 56550, 56700, 57000 STOPLOSS 55900
BUY CRUDE OIL SEP ABOVE 7350 TGT 7370, 7390, 7430 STOPLOSS 7270
BUY COPPER NOV ABOVE 502 TGT 504,506, 510 STOPLOSS 497
BUY NICKEL SEP ABOVE 937.50 TGT 939, 942, 950 STOPLOSS 927
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