MCX NCDEX Tips and Commodity Updates Today

International Commodity update :- Gold, Silver, Crude Oil and Metals has decreased strongly today All these commodities in International Market are trading at lower levels this year however in domestic market fall is less than weakness. NYMEX Crude Oil slipped below 92 dollars, which is the lowest level in 5 months. COMEX Gold has dropped to $ 1526. London Metal Exchange (LME) copper price has come down to $ 7,700.

MCX Updates :- Currently MCX Gold is trading at Rs 27 980 with 0.5% lower. Silver has weakened 1.25 % and its price has fallen to Rs 52 300. MCX Crude Oil is trading at Rs 5032 with slipped 1 %. Copper, Lead and Zinc fell by 0.5% but Aluminum and Nickel are seeing slight edge of nearly 1%.

MCX Tips – Gold and Copper

Copper June Futures Sell - 422, Stoploss – 426, Target - 414

Gold June Futures Sell - 28000, Stoploss - 28 099, Target - 27 801.

NCDEX Tips :- NCDEX Turmeric is trading at Rs 3730 with down by around 2%. Potatoes have gone up more than 2% and is trading at Rs 970. NCDEX Castor seed has been served 4% lower circuit.

Soybean June Futures, Sell – 3300, Target – 3130, Stoploss - 3435.

Mustard June Futures, Sell – 3820, Target – 3690, Stoploss - 3920.