Friday MCX commodity market open red signal with negative side. Mcx white metal showing volatile movement.No positive trend watched in commodity.Only MCX Nickel trading positive sign since morning session. Mcx yellow metal trading with no changes heavy downfall showed in gold in this week. Mcx gold trading at 29031 down -0.71% from its close at 29034. Gold will goes to intraday highs of 29044 and touched low 28911.00.
MCX base metal seeing in mix variation with negative side while Menthaoil trading positive in this week trade at +0.54% or 4.50 to 833.00.In base metal crude oil and nickel hope to gain some momentum in coming session. Afternoon market will jump high positive points by rupee strong recover by 19 paise at 61.35 per dollar.
Sell gold below 29110 target 29000/28900/28800 stoploss 29200
Buy copper above 455 target 460/462/465 stoploss 451
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