Daily Intraday Tips Free Trial - Safal Trading

This is very bad week for crude oil. Brent crude falling to record this week. Brent crude has declined nearly 15 years ago that was. The first part of the U.S. Fed did not announce Qi 3. Followed by China and the United States from crude oil declined due to poor manufacturing data.

The terms of the week, crude oil has broken more than 6 per cent this week. The Brent crude this week has declined to 8 per cent. Experts believe that while taking no concrete steps are taken to the euro crisis crude oil fluctuation will continue.

An announcement from the U.S. Fed will not show the clear effect on sleep. Gold fell nearly 4 percent this week. Thursday saw the gold updates was around 2.5 per cent. Economies of the world recession and there are signs pointing to a decline in prices because of which now comes in gold has not been shopping.

Gold 4 per cent this week, the year's second-largest decline. Rs in the domestic market after the record fall in the futures market has been sluggish. Due to poor monsoon is increasing weakness in the gold.

Commodity market is increasingly looking back. With 0.25 per cent up on MCX crude oil is trading at Rs 4,530. 0.35 per cent to Rs 29 950, with the gold and silver, 0.1 per cent to Rs 52 960 is trading with strength.

MCX is to get pressure in the base metals. But aluminum has risen nearly 0.5 per cent to Rs 105 and strong. However, declined by 0.5 per cent nickel and zinc, while copper and lead a marginal decline.

Soybeans on NCDEX at Rs 3715 with 2.5 per cent is reached. 2.2 gram per cent with November futures is trading at Rs 4490. Potatoes 1.5 per cent on the ncdex tips is trading at Rs 1,115 with osteoporosis.

Commodity Tips Technical Teams Advice :-

MCX gold (August futures): Sell - 30 100, stoploss of Rs - 30 200 and the target - 29900/29840

MCX Copper Updates (June futures): Sell - 417, stoploss of Rs - 419 goal - 412/410

SafalTrading’s Technical Teams Advice :-

NCDEX Soybean (July futures): Buy - 755, stoploss of Rs - 747 goal - 762

MCX mentha oil (June futures): Buy - 1305, stoploss of Rs - 1290 and the target - 1340