MCX tips for today,commodity market trend,bullion tips,base metal updates,live commodity price
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In Mcx commodity market gold and silver open at red note and try to find support for Emerging Around Rs. 31800.yesterday mcx gold close off with mild recover.
MCX Gold Trend Today :- Gold futures are quoting at Rs. 31851, down Rs. 62 per 10 grams on the day or 0.41%. Prices have given up their all-important Rs. 32000 mark earlier this week. The open interest is up by 3% on the day right now and fresh buying seems to be helping the metal every time Rs. 31800 mark nears. Prices recovered from low of Rs. 31836 today.
Pepper NCDEX Trend :- Prices traded higher and closed the previous session at 43150 levels. A 22 day EMA support is seen at
43000 levels, sustain to trade above the same with volume could result a rise in prices towards 43300 followed by 43500/43800 levels. On the lower side, a break of below 42800 would be an early signal of near term weakness.
Kapas NCDEX April :- As long as 1000 levels cap the upside, day’s bias seems gloomy and
expects a fall towards 975 followed by 950 levels.
MCX Tips Today :- Sell silver at 64350, Stop loss 64650, Target 64300.
Sell copper at 453.20, Stop loss 455, Target 451.
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