Mcx commodity looking on negative side at the morning session of Thursday .precious metal, base metal ,oil and energy both are showing red sign. We except gold will recover for noon session .these sluggish position not stay for long time . it will recover soon investor just wait for good time …
Crude for 19 August fall by 50 RS to 6267 rs per barrel the September contract also slumps to 52 rs to its yesterday close ,intraday support for crude is 6211 and resistant is 6311 .the current graph of crude is on downside ,affected by US crude oil price .
MCX Gainers and losers
Gainers : GOLDPTL Jul(2.97%),POTATAO Aug(0.89%), CARDAMOM Dec(0.17%),NICKEL Oct(0.77%)
LOSERS: GUARGUM Oct (-2.99%),COTTON Oct(-1.45%), SILVERM April(-1.02%),MENTHAOIL Jul(-0.99%)