For short term ncdex chana and soyabean is looking negative. At the noon time Chana was trading at 3670 in a positive direction. Soyabean is volatile and ranges between 3680 and 3920.
The import of yellow metal gold in India is decrease by 25 percent to 53.25 tons in April as compared to the last year. Right now it is trading at 25673 fell by 121.00
Global market is changing its position simultaneously. Sugar price for August contract incremented at Rs. 506.45 with a change of 0.18%.
The base metals are looking bearish.
Cotton surge 90 points at 18010.00 against its previous close 17920. It takes a high of 19500 and low of 16700.
METALS
|
STATUS
|
TARGET 1
|
TARGET 2
|
STOP LOSS
|
Gold
|
Sell
|
25675.00
|
25660.00
|
25750.00
|
Silver
|
Sell
|
43720.00
|
43700.00
|
43891.00
|
Crude oil
|
Sell
|
4749.00
|
4739.00
|
4775.00
|
Lead
|
Sell
|
109.35
|
108.85
|
112.9
|
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