Crude Updates and Commodity Tips for Today

Crude oil prices have seen some positiveness in the market today and MCX crude managed to touch 4800 level. The trend of mcx crude is likely to remain positive for the day long but the trading range may confine withing the range of 4750-4850. However a breach above 4870 can extend the the positiveness towards 4900 level also. Below 4715, Crude may see free fall again.

Commodity Tips for Today-

MCX Silver- Buy Silver On dips around 53100 level for the target of 53500.

Another Commodity we are picking from base metals- MCX copper. Since, LME copper is trading up with volume, we can expect some rise in domestic market also. So one can go for buy in copper above 425 for the targets of 428-429 while keeping a strict stop-loss below 423.70.


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