On Wednesday, Indian currency strong position, it is domestic market gold prices is down. But MCX Silver is prices high. MCX base metals and crude oil prices are coming up.
Currently precious metals prices, MCX gold Feb contract 60 Rs down with trading levels 30838 Rs. Gold future prices down trends says commodity expert. MCX Silver Mar contract strong trading levels with 189 Rs up trading prices 58102 Rs.
Crude oil Jan is strong trading levels and good position in the market. MCX Crude oil is 31 Rs up and trading levels 5062 Rs.
MCX Crude oil Jan Buy above 5060 stop loss 5050 targets 5071.
MCX base metals are green flag and positive mode. Copper 1.55 Rs up, Nickel 5, 10 Rs up, Lead 0.30 Rs up, Zinc 0.30 Rs up, Aluminum 0.10 Rs up.
NCDEX Jeera call:-
Jerra sell Mar below 14690 SL 14658 targets 14628-14590
Mentha oil Jan sell below 1443 SL 1449 targets 1440-1437-1433
Silver Mar buy above 58100 SL 58000 targets 58150-58200-58230