On 11th April Commodity Mcx market whole day looks
bearish side, and all base metals, Gold and Silver all are traded at negative side.
So in other word or in short we can say, today commodity market trend is in
earth side.
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Today Commodity Market seeing very unpredictable side, whole
day all base metals in Mcx Market and both precious Metals moves down and Mid
of the day only Mentha oil stands with optimistic position. Gold and silver
both stay with pessimistic side and traded in negative side in Commodity Mcx Market.
We can say today Mcx market situation is in high alert, because all commodity
face down price position.
Commodities in Ncdex market is seasonal, we all know
wedding season is come and some commodities are in demand now and traded very
well. Turmeric is in bullish side and in all contracts lead good but Chana and
chili both are traded in bearish side and walk at red carpet in National
Commodity derivative Exchange.
Mcx and Ncdex Calls:
Sell Cotton below 19000 Targets 18990, 18985, 18970 Stop Loss
19020
Sell Chana below 3540 Targets 3510, 3480, 3450 Stop loss 3590
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