Crude Copper updates and trading tips

Crude oil Update:
Crude oil in international markets is seeing good growth. In Norway crude oil production declined by 15 per cent due to the strike. International market has had a rapid effect on domestic business. Despite the strengthening of the rupee against the dollar on MCX crude oil is trading above Rs 4,500.


Copper Update:
In MCX Base metals is strong today all metals including copper trading up 0.5 percent. After 3 day declined now copper trading at 420.15 up 2.5. You may buy copper target is 421.5

Commodity MCX Gold Silver Update

Gold and Silver Update:

In the international market gold and silver is a declining trend. Domestic market is now beginning to dull gold and silver. However gold is trading above Rs 30,027. The silver is grossly at Rs 55 140. but over all trend is consolidate you may sell gold below 29950 and go short position on silver below 54850. 

Copper News: 

Global copper demand appears more robust than the market thought, as reflected by preliminary Chinese import statistics for May, Thus Chinese copper imports actually increased by around 52% year-on-year

Crude update, MCX Copper Trading Tips with Support and Ressitence

MCX Crude oil has accepted volatile trend today . In domestic market MCX Crude has introduced posetive , while last trade of MCX Crude was closed down 0.25 percent at Rs 5,177 on Tuesday.
If we talk to current view of MCX Crude so it is trading up 0.17 percent with Rs 5184 at around 3 Pm.
Crude on naimaks has opened below 0.50 percent turnover is around 96 dollars a barrel.  
MCX Crude Trading Call: Sell MCX Crude oil may below 5180 targets 5165 , 5150 , 5135 SL 5210.

MCX Copper Update and Trading Tips Today  

MCX Copper is also suffer the decline phase today. In domestic market MCX Copper has introduced down trend with Rs 436.5 in previous. Now it is trading below 0.05 percent at Rs 436.5.

MCX Copper is trading near with support zone 433.5 to 427.6 today.

Sell MCX Copper below 435 with Current rate.