Bullions: Bullion counter on domestic bourses may open in red continuing yesterday losses. On domestic bourses Gold can trade in range of 30,800-31,200 while Silver can trade in range of 59,000-60,800 in near term.
Base Metals: Base metals counter may trade on weaker note but some short covering at lower level cannot be denied. Copper can trade in range of 430-436 in MCX while Lead can trade in range of 111-113 in MCX while Zinc may move in range of 99-101.Nickel can move in range of 900-920 in MCX while aluminium may move in range of 103-105 in MCX.
Energy: Crude oil counter can open on weaker path and can trade subdued due easing tensions in Middle East. Overall it can trade in range of 4,800-4,870. Natural gas may also trade sideways and can trade in range of 182-189 in MCX.
I received a newsletter on resource option trading. They provide timely advise for option trading on commodities, such as sugar, copper, gold, etc.Thanks for sharing this information. I like your post very much. I get good tips and knowledge from your post.
ReplyDeleteBullion Tips, Gold Tips, Forex Tips