Monday Trading Calls | Gold and Silver Trend for 8th April

Soya bean Trend

Soya bean trend now a day’s looking bullish side and traded very well in trade. Overall we can say soya bean trading trend is in Buying side looking with good position in Commodity NCXDEX Market. Other side Natural rubber futures on the Tokyo Commodity Market was seen trading at 264.8 yen a kilogram, a profit of 11.3 yen as of 12.20 JST in September deal.

Gold and Silver Trend

Today On Monday again Gold and Silver looks in negative side, on Saturday MCX Gold and Silver both are looking in optimistic side after whole week. Gold opens with decremented points as compared to yesterday closing points and same happened with Silver and Silver also starts with decremented points. Our analysis and observation said today whole day Gold and Silver seeing with red track.

Mentha oil and Cotton are very fluctuate in last week and recently Cotton looking with green flag and Mentha oil hold red flag with high points and for today has good support level:

S1: 1044.8, S2: 1041.5, R1: 1065, R2: 1068.5

Monday Trading Calls

SELL SILVER BELOW 51390 TARGETS 51370, 51340, 51300 STOP LOSS 51430

SELL BARLEY (Apr) BELOW 1360 TARGETS 1350, 1335, 1320 STOP LOSS 1375

BUY COTTON ABOVE 18950 TARGETS 18960, 18970, 18980 STOP LOSS 18940

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