MCX
gold has been 0.3% to Rs 27670. Silver also declined by 0.3% to Rs
44170 has arrived. However, with marginal gains of 0.2% on MCX crude
oil is trading at Rs 6310. But natural gas is 0.5% to Rs 266.8.
MCX
is seeing a decline in base metals. Copper declined by 0.25% to Rs
426.5 arrived. Aluminium 0.1% , 0.5% nickel, 0.2% lead and zinc has
weakened 0.3% .
NCDEX chana with a gain of 1% is trading around Rs 2,830. 0.1% decline in the price of wheat has come down to Rs 1,530. NCDEX turmeric shed 3.5% has come down to Rs 6,300.
Mcx
copper sell below 427 target 425/424/ 423 stoploss 430
Mcx
natural gas sell below 270 target 265/264/263 stoploss 274
Reliance Communications has initiated the process to monetise its real estate assets across the country, aiming to raise Rs 5,000 crore through this.
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According to Epic research Copper gained on fund buying after strong U.S. jobs data boosted hopes that economic recovery would spur demand.
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ReplyDeleteGOLD (3 OCT.) TREND: CONSOLIDATE
RES 1: 26850
RES 2: 27000
SUPP 1: 26500
SUPP 2: 26300
STRATEGY: SELL ON HIGH
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According to Epic Research's market research, it is good to SELL GOLD BELOW 26780 TG 26755,26725,26680 SL ABOVE 26836.
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