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Commodity Market traded with high volatility as improved rainfall activities in North-West states of Rajasthan and Gujarat was noted. Chana recovery was moderate on low supply.
Better sowing reports kept pressure on the prices. Rates however found support from lower production, low stocks and improved Chana demand. Short term for
MCX Crudeoil August Contract is noted at bearish today. Support for short term is at 2800 and resistance at 3250, Intraday support is seen at 3080 with resistance of 3180.
Best Commodity Tips :
SELL MCX Gold at 24850,SL - 24950 , TGT- 1 / TGT- 2 - 24700/ 0
BUY MenthaOil at 950, SL- 938, TGT- 1 / TGT- 2 - 975/ 980
SELL NCDEX Soyabean at 3280, SL – 3320 , TGT- 1 / TGT- 2 - 3240/ 3210
Commodity Market traded with high volatility as improved rainfall activities in North-West states of Rajasthan and Gujarat was noted. Chana recovery was moderate on low supply.
Better sowing reports kept pressure on the prices. Rates however found support from lower production, low stocks and improved Chana demand. Short term for
MCX Crudeoil August Contract is noted at bearish today. Support for short term is at 2800 and resistance at 3250, Intraday support is seen at 3080 with resistance of 3180.
Best Commodity Tips :
SELL MCX Gold at 24850,SL - 24950 , TGT- 1 / TGT- 2 - 24700/ 0
BUY MenthaOil at 950, SL- 938, TGT- 1 / TGT- 2 - 975/ 980
SELL NCDEX Soyabean at 3280, SL – 3320 , TGT- 1 / TGT- 2 - 3240/ 3210
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