After morning low trend commodity market turn to negative zone, at Inter bank Foreign exchange rupees slip a bit but weak demand force it back and high blood bath is looking on Mcx today.
For intraday trader sell bullion with a high target from current market prices.
Today copper and crude oil also trading bearish at Mcx, crude oil for future delivery trading low and expected a downfall in afternoon trade. Moving towards base metal all are looking in dark red side with negative fall.
In natural gas a huge declined in seen which fall by more than 1.70% at Mcx on intraday trade, today at Thursday morning natural gas open at 229 from that position it continue to fall and made a low of 225.70.
SELL GOLD OCT BELOW 30290 TGT 30250/ 30200/ 30100 STOPLOSS 30450
SELL SILVER DEC 51700 TGT 51600/ 51400/ 51000 STOPLOSS 52300
SELL COPPER NOV BELOW 461.50 TGT 461/ 459/ 457 STOPLOSS 465