In global market nifty rises on 1% for Thursday trading session The BSE Sensex is up by 180.75 points or 0.97 percent at 18732.87, and the Nifty is up 57.50 points or 1.03 percent at 5646.20, but the broader markets gained just 0.6 percent.
In ncdex we have seen a mixed sentiments in major spice market ,chili for july month shows red sign now it down by 62 points it trade above 5562 points. Cotton prices down in all spot market while all oilseeds also shows same condition.
Mcx silver looking in bearish side. The future contract of silver may stay on negative side for some times it will take a up movement after July month . Yesterday it was down by 1000 rs in mcx. At present it was trade above 39500, these price shows the same value as the year of 2008.
We have supported it at 39200 and resisted at 40000.
Comex gold and spot silver decline to their lowest value since from august 2010
Commodity advice for 27 june
Buy silver tgt 39870, 39920, 39970 SL 39800
Buy gold tgt 26270, 26300,26330 SL 26250