In the domestic market start market gold and silver is very bed performance. Gold now trading on MCX at Rs 31356 with down 137 Rs. while silver 0.67% decline to Rs 62528 is currently seeing and expression. In the international market gold silver is trading with decline and down trends.
Therefore, MCX Crude oil to weak starting today. In the domestic market crude oil 1 per cent down is trading prices 4664.
Although NYMCX starting crude oil prices sluggish but now trading prices light edge. NYMCX crude oil currently prices $85 per barrel. MCX Base metals are today decline and red flag position on commodity market. Aluminum, lead, Nickel, Zinc are 0.5 per cent down and copper is 0.33 per cent down.
Intraday MCX NCDEX trading tips
Gold Feb Sell below 31350 SL 31450 targets 31335-31320-31305
Silver Mar Buy above 62580 SL 62460 targets 62630-62680-62730
Menthaoil Dec Buy above 1473 SL 1467 targets 1476/1483
Crude oil Dec Buy above 4735 SL 4705 targets 4750/4785
Soyabean Jan Buy above 3320 SL 3300 targets 3330/3353