Commodity Market Face: Base metals like copper, zinc, nickel, aluminium are trading on the sideways to bearish trend today. Following the global cues from the international commodity market copper and all other base metals are down .25% to 1.30% at this time. While on other hand the bullions are facing a low trading volume due to the Christmas holidays world wide. Crude Oil is witnessing the downside trend in the domestic commodity market Multi Commodity Exchange of India.
- MCX Gold (February futures): Buy at 28,280 Place Stop Loss at 28180 Target 28,450.
- MCX silver (March futures): Buy at 43,800 Stop Loss 43,600 and Target 44300.
- MCX Crude oil (April futures): Buy at 6135 with placing stop loss at 6095 for the target 6195.
No comments :
Post a Comment
Note: Only a member of this blog may post a comment.