Commodity Updates | MCX Tips Today

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Commodity Updates :- In Commodity market mcx segment is trading at positive bias both gold and silver is trading with up trend after trading at lower trend yesterday. Maize Jan NCDEX: Prices plummeted sharply from 1434 and closed the day at 1406 levels. As prices broke the major trend line support of 1410 with streaming volume, expect further selling pressure targeting 1382/1375 or even lower to 1350 region. Supporting to that, daily RSI is treading at 0.38,suggests bearish view. On the other side, any trades above 1455 could negate our current bearish scenario. 

MCX Tips Today :- Sell crude oil at 4942, Stop loss 4965, Target 4910 . 

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