Friday 7 July 2017

MCX & NCDEX Commodity Tips - Crude Oil, Soyabean & Copper Tips 7 July 17

Currently, gold is trading around Rs. 28015 with a decline of 0.4%. Silver is trading 37170 down by 0.75 percent. Crude oil on MCX is slipping 1 percent and trading below 2920 rupees. However, natural gas is trading at Rs 187.6 with an increase of 0.6 percent.

Copper on MCX fell 0.2 percent to Rs 381.65. Nickel is trading 0.6 percent down at 585.8 rupees. The move of aluminum is flat, but 0.1% in lead and 0.3% in zinc have been recorded.

Intraday MCXtrading Tips For Today 7 July 17
  • Sell Crude Oil at Rs 2960 with Target 2850 and Stoploss 3021
  • Buy Soyabean at Rs 2920 with Target 3050 and Stoploss 2920 
  • Sell Copper at Rs 383.5 with Target 377 and Stoploss 386.3 

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