MCX Crude Oil Tips For Today

The nearest resistance for Crude is 4150-1455, a sustain trade above which may trigger a rally till 4255 level. The Daily 200 DMA can also be seen near near
 4200 levels. The MACD is also giving a buying signal buying. Traders Can buy Crude Oil above 4155 For te targets of 4200-4250 Stop loss below 4090.

Below 4078 Sell Crude oil For the targets of 4020-3980.

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Silver Trading Strategy: Intraday Updates

The intraday negative trend of silver commodity may be extended if it breaks the strong downside support of 59000. If Silver breaches the same level, prices may touch 58500 initially and then 57900-57000 levels later. To negate this bearish view, prices will have to clear above 60500-700.
A choppy range bound session is expected for near term.

Below 59100 traders can Sell Silver (Sept) to target 58800-58600-500. Above 59700 Silver can be longed for the intraday targets of 60000-60200.

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MCX- NCDEX Trading Tips

MCX silver (March Futures): Sell - 43850, SL - 44 200 and the target - 42850

Gold MCX (February Futures): Sell - 20350, SL - 20 420 and the target 

-20000-19800

Cumin NCDEX (February Futures): Buy - 14650-14700, SL - 14500 and Target - 14900

Turmeric NCDEX (April Futures): Sell - 10000-10050, SL - 10 200 and the target - 9700

MCX cardamom (February Futures): Sell - 1580-1590, SL - 1620 and target - 1540

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