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Friday 2 March 2018

Rudra Investment | Where To Trade in Commodity Market


In the US this year, the interest rates increase, the dollar has come in recovery and it has gone past the last five weeks. In this, the pressure on gold prices has increased in the global market. In the global market, gold is trading at $ 1315 level. In the meantime, silver is trading at around 0.5 percent.

Crude oil also has a downward trend due to increased supply in the US. In fact, the reserves of crude in the US have increased by 30 million barrels. There is pressure in Brent and WTI crude. Meanwhile, despite the rise in the dollar, the rupee has managed to recover the rupee in the domestic market. The price of 1 dollar came down to Rs 65.20.


Advice of Rudra Investment Stock Expert


Crude oil MCX (March futures): Sell - 4310, Stoplaus - 4180 and Target - 4040         
Gold MCX (April Futures): Sell - 30400, StopLoss - 30500 and Target - 30280          
Castor Seed NCDEX (March futures): Sell - 4170, Stoplaus - 4233 and Target - 4100
Guar NCDEX (March futures): Sell - 4350, Stoplaus - 4420 and Target - 4220           


           

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