Today commodity market open with
a positive trend, correction in dollar or weak rupees help Indian commodity to
up in top script. Rupees weak again on opens of Thursday trading morning which
result to fall in stock market, both nifty and Sensex are trading in downside.
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At MCX bullion are up due to
increment in dollar price, gold price open at with an increment note at
28000 against its yesterday closing of 27952. In today
trade yellow metal is looking to trade in green side with a higher sharp edge.
Silver on intraday trade also follows the same trend and gain early lead
on Thursday trading for active delivery. In today trade silver is
expected to move on higher side with a green flag.
Base metal watching in green side
today at Multi commodity exchange, MCX copper, nickel, lead, zinc and aluminum
all are up side in small jumps. At multi commodity exchange all metal are
looking in good positive mood and expected a good trend today at domestic
market.
In energies volatile movement are
watched on early trade, today crude for June delivery open at bit downside at
5551 against its last close at 5560 , but a good recovery had seen in early
morning on Thursday and expected to trade with same trend in today
session. MCX mentha oil are open in negative side at 985, today mentha oil are
looking in volatile nature for whole day.
BUY GOLD AUGUST ABOVE 28100 TGT
28150, 28200, 28300 SL 27800
BUY SILVER JULY 43800 TGT 43900,
44000, 44100 SL 43500
BUY COPPER JUNE ABOVE 415.55 TGT
416, 418, 420 SL 410
BUY LEAD JUNE ABOVE 123.50 TGT
123.80, 124.50, 125 SL 121
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