The mcx commodities are seeing to be in negative side, all precious metals, base metals, oil and energy products used to do trading in a down side. At 11:07 am the precious metals gold drop around 0.47 percent and silver drop by 0.33 percent. At national commodity and derivative exchange caster seed is looking bearish where the coriander is looking bullish for all season contracts.
Sell mentha oil target 985/980/975 stop loss 1010
Buy cotton target 19220/19230/19240 stop loss 19150
In share market the 50 index nifty and 30 index is used to work in a downward direction. The nifty fall by 41.05 points at 5747.75 and sensex fall by near around 151.57 points at 18991.43. Most of sectors are looking bearish today and running in a same position from early trade.
Buy dlf target 194.6/199.6/204.6 stop loss 169.6
Sell coal india target 295/290/285 stop loss 320