April 11 Morning market updates, Commodities trend, level and call

MCX PRODUCTS 

Thursday the market is fluctuating a lot. Metals are showing both the trend up and down. The crude oil and Mentha oil going higher by 4.00 and 11.90 points. 

Deutsche Bank cuts the price of gold and silver. Gold is looking bearish today. Its support and resistance level are 28605 and 29559. Silver is also decremented by 0.46% against its previous close to Rs. 51539.00 

Cotton (30-April) is working tremendously with the rise of 30 (0.16%) point to Rs. 19080.00 takes a high of 19500 and low of 16700. 

NCDEX PRODUCTS

Coffee fell by 0.4% for July delivery. For May it is $47 a tonne cheaper than the July contract. 

Kapas was last traded at 1080.00 and it gets 9.80 points in a 77 lots, open interest of 439. Sugar for June rose by the points 41 and turmeric slide by 134 points to 6750.00 

In the International market Wheat takes a positive change showing green sign traded at 697.12 up by 0.04 percentage. 

TODAY’S CALLS 
 
Sell Copper (April)
tgt 410.4/ 409.9/409.4 sl 413.9 

Sell Gold (June) 
tgt 29218/29210/29200 sl 29243 

Sell Silver (May) 
tgt 51565/51550/51525 sl 51655 

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