Net Consumer Credit and Commodity Market Tips

Mcx Commodity Trading Market for Bullion is cracking down on Monday morning with both gold and silver are down by 2 and 4percentage respectively. However, the Indian rupee is also expected to weaken against the USD which might limit losses marginally in Indian markets at opening. Strategy: Those who are holding any carry forward short positions required to book at the opening and then wait for a pullback and sell again. In the early morning during the Asian markets since at opening rate itself broader markets are already down, it is imperative to trade on pullback during the early European session. We overall suggest sell from higher levels. We have loads of economic data today evening and likely that volatility may increases traders is advised to maintain proper risk-reward ratio.

Global Market View: Let us start the week with appositive note but mind you the whole commodity sector is negative this morning. Price performance: Gold and silver down by 2 and 4 per cent respectively. Base metals are closet down by 1 per cent while the oil has extended fall .Gold during the last week moved lower by around 2percentage to$1175 per ounce at Comex wherein almost all of losses coming into the commodity on the last day of the week. Prices fell around the same rate in India with losses last week standing at 2.25percentage to Rs 26170 per 10 Grams for active February expiry.

Economic data releasing today: There would be host of manufacturing data released today. We have had the Chinese numbers already this morning. Later, India’s HSBC manufacturing data @ 10:30 IST, Euro-zone manufacturing at2:30 PM IST, US ISM manufacturing index @08:30 PM IST and Halifax house price index

As said above, Silver Comex at electronic session is trading down by over 4percentage today morning wherein at one point of time, it was even weaker by 5.5percentage. Swiss vote against increasing asset based investment for Gold in its Forex reserves and subdued Chinese data is prompting huge losses in silver. Overall trend stays down, we recommend selling the commodity only on pullbacks as it has moved into oversold phase with big loss in morning session itself. EU and US PMI number watched later today. As the yellow metal slid, Silver was not far behind wherein the high beat nature of the commodity pushed it even lower during past week. As of Friday closing numbers suggest Silver Comex for active March expiry closed down by 5.5percentage to $15.50 per ounce while Indian MCX Silver for same month’s settlement was weaker by 4.5percentage to Rs 35360 per Kg.

Commodity Market Tips

Sell Copper Feb Mcx below 397 SL 400 TP 393

Sell Silver Mcx Mar below 34500 SL 35000 TP 34000

Leading Index and Commodity Trading Tips

MCX Commodity Gold and silver too expanded weakness yesterday where in Spot Gold fell around 1percentage. Additionally, we are seeing losses getting extended in early session today with Comex Gold opened over 1percentage loss after holiday. Weaker oil prices which makes a case for further subdued inflation is hitting the Bullion complex most whereas EU economic data today on YoY CPI is also seen impacting further weakness in the commodity today. Asian equities are largely positive today and USDX adding marginally would put negative pressure on Gold in intraday. While no other major developments are due today as we lack any major data from US, movement may be constricted and thus recommend selling the yellow metal for small targets today. Bullion markets at Comex were shut yesterday with the commodity only trading for a limited time at electronic session. Though Spot Bullion wherein both gold and silver fell and the same aspect reflected in Indian markets at MCX Indian MCX Gold for Feb settlement finished lower by0.6percentage to Rs 26630 per 10 gms

Global Market View: Asian markets are trading on a mixed to moderately positive note this morning while US markets remained closed for Thanksgiving on Thursday. The release of the statement from OPEC in which they have not announced any cut in production triggered a steep fall in the oil price whereas effect was visible on some other non-agri commodities as well. In terms of currency, Asian currencies are trading on a negative note with respect to the dollar. US dollar index has respected in a low quantity trading session the recent past. US dollar index has pulled itself above the 88 height and is currently balanced at 88.15 levels.

Economic data from the UK, German and EU economies would have a considerable impact in their respective currencies in today’s session, though no major data is due from the US. We also have Indian GDP and fiscal deficit to be released today which may make INR volatile and thus impact trading in some MCX commodities.

We should see lower opening for silver commodity today as MCX follows extended losses in US markets as of Asian electronic opening. Though markets lack momentum today, bias continues to be weak as in the case with oil. Onto the Ratio front, we expected moderate positivity over base metal could support its outperformance over gold however the same went wrong for last two days. Advice traders avoiding fresh positions in Ratio and better to wait for weekly closing to take call. Silver too depicted a similar move though as of opening rate today, we are seeing losses getting wider for the high beta commodity which has moved lower by around 3percentage to$16 per ounce mark Silver March MCX finished with a near 2percentage loss yesterday following international spot and closed at Rs 36700 per Kg.

Commodity Trading Tips

Sell Gold Feb Mcx below 26650 SL 26780 Tgt 26550

Sell Silver Mar Mcx below 36600 SL 37000 Tgt 36100

Consumer Confidence and Commodity Intraday Tips

Mcx Crude Commodity Trading once again shifting towards a bearish view which has been there with the commodity for more than couple of months from now. The OPEC meeting is programmed on this Thursday and in spite of talks about possible cut, oil price cut down at equally Brent and WTI. Cues from OPEC members too not supporting any positive move in the commodity as Saudi Arabia oil minister yesterday told reporters, it’s not the first time the oil market has been oversupplied, indirectly hinting at a case that markets need not be panicking about the situation. We believe cut in output would be moderate in the range of 500,000 BPD and insufficient as equated to current market supplies further supporting negativity. In fact our suggested resistance levels failed to breach so unless these levels are not cleared we shall not turn into fresh buy. For intraday we may remain short while need to observe how oil racts to the US data and accordingly shall take a fresh stance. Note, we have the weekly petroleum inventory number from the US tomorrow and survey suggest that the stocks for oil and products arrising meagerly which may also have some sort of negative impact in the oil prices.

Global Market View: First day of the week is past we saw mostly stable day while the global equities continued to trade positive and major currencies remained steady except that the Japanese Yen and its counterparts have been trading massively lower. In fact now many are talking about trade idea pertaining to carry trade where in one can take a long in Nikkei and soon short in USDJPY. Also, we may have a scenario where in one can take short in USDJPY and long in Gold. Nonetheless, this holds for a pretty long term. As far as today is concerned we are seeing the Asian markets trading positive this morning and global currencies are steady.

Economic data: German QoQ GDP and the US GDP, Personal consumption and house price index. The US GDP number is to be tracked critically which is expected to be lower from the previous quarter. If such scenario develops then some of the USD denominated assets may get hit. Talking about commodities, we had a very balanced day for bullion and the same are seen trading in a very confined range. However, both energy oil and base metal softened a tad. We could say the USD index remaining positive close to 88.40 is a threat to wholesome sector

Mcx Natural gas Commodity Trading got a good boost last week as on forecast that temperatures would stay below normal in the eastern US during the last week of Nov and mostly in initial Dec is losing out the same as fresh forecasts call for largely warmer temperatures in the country in Dec. warmer temperatures along with persistently higher production levels in the country is taking a beating on prices. e hold ranged view in NG today as volatility is likely to remain higher in near-term. Natural gas opened with 5percentage cut yesterday as the so called arctic blast was seen giving way for warmer to normalized temperatures in December month. While the commodity closed lower, it managed to half its losses and finished 2.5percentage down to $4.15 per MMBTU mark whereas Indian MCX NG shut lower by 4.4percentage Rs 254 level.

Commodity Intraday Tips

Sell Copper Mcx Nov below 411 SL 415 Tgt 406

Sell Crude Mcx Dec below 4770 SL 4820 Tgt 4700

US Housing Starts and Commodity Market Tips

Mcx Gold Commodity Trading has lost modest weight in morning session with gold prices at electronic session trading lower by half a percentage to $1192 per ounce. While we had a maintained a largely momentary trade outlook for Bullion yesterday, they turned higher with markets recording strong gains in especially Gold. We believe, Gold may continue to trade ranged with moderate weak bias continuing as mixed equities and slightly gains in USD during early session may act as a resistance to the commodity. We feel USDX may see further gains building though as we have the FED minutes release late night (IST) today with volatility too expected to be higher. With overall bias for the commodity continuing to be lower, we maintain selling stance in the commodity today. Locally, INR should be watched for any kind of intraday adjustments.

Global Market View: Markets witnessed hay wire movements as per different asset classes were concerned with Bullion managed decent gains, equities too added weight though base metals and in energy prices inched lower. In terms of currencies, USDX was largely ranged though moved modestly in loss during late evening trade on Tuesday as Euro currency stepped up though losses in the US Dollar were stemmed amidst weakness in the GBP and the Yen. In major economic variable yesterday, positive surprise came in the form of positive Euro area ZEW expectation that came much higher than the market expectations pushing the Euro currency above the 1.25 mark. In major developments today, we are seeing Asian equities trade on a mixed note though Yen moved to fresh seven year low around 117 against the USD after Japanese Prime Minister Shinzo Abe called an early election and postponed a sales-tax increase. Today morning, Bullion and Crude are down though metals are mixed to tad in the green.

As said in above write-up, we believe while both metals may traded on a weaker today, moderate negative view in most base metals and weaker Chinese property market data today morning makes a case for weaker industrial commodity and may put more pressure on silver commodity. So on one side, we recommend naked sell call in silver traders can also plan Gold Silver Ratio buying. We re-iterate that risk in the ratio or naked call may be a bit high now as we have FED Monetary minutes to be released. Silver added weight along with gold though weaker Base metals pushed the commodity to trim gains by closing time. Silver Comex Dec after touching $16.40 per ounce at once point of time, higher by just finished 0.7percentage to $16.17 an ounce whereas Silver Dec MCX added 0.5percentage to Rs 35800.

Commodity Market Tips

Sell Crude Mcx Dec below 4670 SL above 4700 Tgt 4600

Sell Silver Mcx Dec below 36000 SL above 36500 Tgt 35500

PPI Final Demand MoM and Commodity Trading Tips

Mcx Bullion Trading market as we are seeing no major change in any way Bullion prices are trading with early morning cues too stable. This morning gold Comex at electronic session is hovering near the $1186 mark. Markets are trading range bound and possibly looking for some sort of critical triggers to move either side. We have the regular data coming today so likely that markets would remain in the same zone. Regarding the direction and trend is concerned; the bearish trend is not over yet though as said in our weekly report, Fed Minutes outcome late night tomorrow would be closely watched. While commodity bias remaining on sell side, those holding shorts or like to initiate fresh shorts are advised to place stop loss above $1200 for gold while accordingly maintain SL in MCX platform too.

Gold imports zoomed 280% to $4.17 Bln in Oct widening the trade deficit. Higher demand could be due to lower prices and festival season though it didn’t had any major impact on pricing of international gold. Also, there are reports that officials from BI and Finance Ministry met last week to review our gold import policy. In case we see some fresh curbs over imports, probably local Gold spot premium would once again increase in near-term while similar impact can be seen on MCX near month Gold. Gold had a very shallow movement yesterday with the commodity trading in a small $10 per ounce range for whole day before shutting shop at $1183 an ounce, lower by 0.2% on Monday. In India, Gold MCX December contract settled with a marginally higher loss of 0.5% to Rs 26330 per 10 Gms.

Gold and silver are both trading in a consolidation phase and likely that broad movement might continue in the same manner for a day or two. We have some important data variables from EU region today whereas in the US PPI number would be closely watched. While ZEW could see mercurial movement, we are not very optimistic over US PPI as industrial commodities have remained subdued lately. On that note, we also feel silver could be a better bet to sell today as equated to gold.

Silver commodity followed a near similar trajectory on Monday as with gold though its high beta helped traders manage decent money out of sell strategy Silver Comex Dec finished 1.6% lower to $16.05 an ounce whereas Silver Dec MCX fell 1.1% to Rs 35630 per Kg

Commodity Trading Tips

Sell Silver Mcx Dec below 36530 SL 37250 TP 35800

Buy Nickel Mcx Nov above 965 SL 954 TP 985

Sell Crude Mcx Nov below 4645 SL 4675 TP 4585

Empire Manufacturing and Commodity Intraday Tips

Mcx Crude Commodity market Trading getting weaker on Wednesday and severely butchered on Thursday as speculation increased that OPEC may maintain status quo on its oil supply position in its forthcoming meeting on 27 Nov. Brent oil fell around 4.5percentage in a single session to $77 per barrel whereas WTI slipped near 4percentage to $74 per barrel. Major traders and investors are getting ready for a case wherein no proper agreement would be reached amongst OPEC members with some of them already taking steps to main market share even at a cost of decline in prices lately. Nevertheless, volatility continued on the last day wherein positive US Retail data and oversold nature of the commodity pushed oil higher by around 1.5percentage both at WTI and Brent and notably we saw gains coming in almost all non-agri commodities. In fresh cues, voices are rising that lower oil prices are gradually cutting down intro fiscal budgets for a number of economies in the OPEC group and thus fuelling speculation that probably we would see some cut coming in the meeting. Earlier, Libya based OPEC Governor SamirKamal said the group must cut daily output by 500,000 BPD as the market remains oversupplied by about 1 MBPD. We have seen Libya and other fellow OPEC states like Veneela and Ecuador have called for action to stabilize crude prices. While still broader view continues to be down, we feel it is better to mark only momentary nets in the commodity today as markets lack proper clarity.

Global Market View: Let us begin the week with fresh ideas and trade smart. The Asian markets are trading negative this morning possibly taken cues from mixed US close on last Friday. Early morning update: Japan GDP number shrunk from the expectation while the same is better than prior number. This is the reason why possibly Japanese Yen is trading strong against its major counter parts likewise, pound and the euro has also appreciated. Therefore, the USD index has declined this morning and trading at 87.27. The positive effects are felt on the commodities especially the US dollar denominated assets. We shall discuss on each sector while we have a couple of data today which are likely to have influence on the market.

Economic data: Euro-zone trade balance @ 3:30 PM IST, from the US we have empire manufacturing at 7 PM IST, industrial production @ 7:45 PM and the capacity utilization number.

Mcx Natural gas Commodity Trading has huge loss in the commodity last week as expectations seeped in that cooler forecasts would not be as severe as anticipated earlier. Also later Friday evening, EIA weekly storage report showed weekly stocks addition to the tune of 40 BCF against expectations of 35BCF and last 5 years average number near 16 BCF. Prices are trading with a big gap of around 3percentage during early Asian trade and likely that similar effect would be reflected in Indian MCX opening. However, forecasts remain for largely stabilized temperatures in much of the US and thus down support any major positive move further. We have a cautious approach in the NG today. Natural gas was a huge under performer last week with the commodity taking a toll out of subdued cold weather forecast in much of US over next two weeks. NG for active Dec contract at NYMEX slipped 8.9percentage to $4.02 per MMBTU marking its worst weekly losses since Feb this year. NG at MCX exchange for Nov expiry fell at a similar rate of 9.3percentage to Rs 249 per MMBTU.

Commodity Intraday Trading Tips

Sell Zinc Mcx Nov below 139.80 SL 140.80 TP 138.50

Sell Crude Mcx Nov below 4730 SL 4780 TP 4650

Labor Market Conditions and Commodity Market Tips

Mcx Gold Commodity Market Trading were extending their Friday’s gains wherein weaker US Employment numbers aid a good pullback in Bullion which. As said in our weekly report, US Employers added at a lesser than expected rate though if we look at the overall set of data, we believe movement in Gold last Friday was a bit exaggerated as on the economic side, September month Jobs data was revised higher to 256K. This was appended with the fact that labor force participation increase, further bolstering the positivity about the health of US economy. We had seen the Chinese inflation number today which didn’t provided any major boost though weaker USDX is supporting moderate gains in the complex early morning. We maintain bearish bias though advice selling only on pullbacks for small profits as no major data is due in latter half. Gold prices once again saw pressure continuing for larger part of the week wherein Dec contract at Comex slumped to a fresh four year low near the $1130 per ounce mark. However weaker to mixed US Jobs data and Gold’s oversold nature aided good pullback to the metal on Friday wherein it managed a negative weekly closing by just 0.15percentage to $1170 per ounce. In India, Gold MCX December contract slide lower to Rs 25165 level at one point of time while finally finished weaker by 0.75percentage to Rs 25930 per 10 Grams.

Global Market View for today as Asian equity markets are trading on a mixed note with weaker Chinese PPI number and mixed closing in US markets hurting the trading direction post the subdued headline Non-farm payrolls data which showed an Job addition by 214000 against expectations of a number near 230000-235000. The USDX is losing modest weight in early morning session hovering near the 87.50 mark whereas other major currencies were marginally in the green

Mcx Silver Commodity Trading are not seeing any major changes as per concerned wherein over the short-term factors stay in the similar line as we see in the case of gold. However, likewise gold, PVOI numbers depict modest increase in Price, Vol and OI together which may extend its gains towards the middle of the week. Overall we hold a bearish bias though in intraday ranged trade is seen in the commodity as markets also lack any major data in the latter half of the day. Silver re-iterated the broad directional trading from gold commodity and did saw a good comeback on Friday rising by around 2percentage at Comex. However for the whole week it was still lower by 2.4percentage to $15.70 per ounce. Locally, Silver Dec contract at MCX slipped lower to Rs 34800 per Kg mark, weaker by 2.8percentage during the week.

Commodity Market Tips

Sell Gold Mcx Dec below 26050 SL 26170 Tgt 25700

Buy Copper Mcx Nov above 413 SL 409 TP 418

Change in Private Payrolls and Commodity Trading Tips

MCX Crude Commodity Trading we saw that good jump up in prices on Wednesday as its oversold natures and anticipation of better inventory report from the DoE helped. However, that day too, only WTI was the major gainer with Brent continuing to hold near the four year low. As per the report, crude inventory rose by 460,000 barrels against expectations of a rise over 2 million barrels. We feel the single session gains backed by better data has given enough leeway to bears to start selling afresh and the same aspect was witnessed yesterday. As of Friday morning cues, Brent prices are headed for a seventh weekly drop WTI too slumped amidst overall extended ease in provide internationally. Besides put in to woe, official from Libya said they are planning to resume production from its biggest field that was halt after and molest, an representative said all through the center of this week. We hold selling bias in crude today and recommend selling the same on pullbacks.WTI for December expiry fell once again with black liquid losing around 1percentage to $77.90 per barrel while the backwardation between active Dec-Jan contracts remained at multi-month lows near 5 cents currently. In the other market, Brent for December settlement was flattish yesterday to $82.85 per barrel whereas locally, MCX crude which is following the WTI slid 0.4percentage to Rs 4815 after adjusting with the overall movement in oil in last couple of days. Today we may see moderate lower opening in MCX oil

Global Market View: Today morning Asian equity markets are trading on a positive note following positive US markets amidst mixed cues out of midterm election results and ECB policy meeting outcome. In major economic events that the world was waiting, ECB meeting was there wherein t he bank kept main rates unchanged however ECB president said the bank could take further steps to improve growth and inflation while indicated around 1 trillion worth of Euros could be pumped into the economy if required. In terms of currency, Asian currencies are trading on a depreciating note with respect to the dollar. US dollar index rallied yesterday as comments from ECB head pushed Euro lower towards 1.2400 marks while USDX jump to 88.00 levels.

The US EIA said weekly stocks for natural gas increased by91 BCF for the week ending October 31, way higher than markets expectations of an increase in the range of 75 to 85 BCF. Nevertheless, prices extended its gains as early arrival of winter chill in the US was pushing the case that heating demand would rise substantially in near-term. NG prices are higher by around 25percentage in the past eight trading days, the greatest appealing splash this year, as temperature forecasters said a blast of Arctic air may push temperatures to at least 10 degrees below normal next week across much of the US. We have a ranged trade today though overall bias due to weather developments stay positive in near-term.

Commodity Intraday Trading Tips

Sell Silver Mcx below Dec 34750 SL 35200 Tgt 33650

Sell Crude Mcx below Nov 4805 SL 4855 Tgt 4670

Markit US Manufacturing PMI and Commodity Market Tips

MCX Gold Commodity Market Trading is witnessing continued losses in the Bullion complex in the fresh week. There are no major cues on the demand supply side for the complex though continued gains in the US Dollar, mixed to moderately positive quite markets and weaker economic cues from China, the world’s largest consumer of precious and industrial metals hurt sentiment in Bullion. Additionally for gold, Bloomberg data showed $1.3 Bln was pulled from US ETP’s tracking precious metals in October, the biggest monthly decline this year. We maintain selling bias in gold though traders need to be careful as volatility may increase in US hours. Gold fell around 5percentage last week of October while it is down in the whole month by around 3percentage to $1170 per ounce. Gold Dec futures at MCX too fell though scale of fall was modestly lower to 3.8percentage at Rs 26135 per 10 grams Huge slide in the commodity was backed by robust economic data from the US especially the improved GDP and rising USD index helped gold commodity to trade down whereas Fed earlier in the week ended its bond buying programmed weighing the metal.

Global Market View for today morning, Asian equity markets are trading on a positive note following US stocks markets last Friday. China’s manufacturing PMI as per HSBC came tad lower than expectations at 50.4 whereas government’s official manufacturing PMI released during the weekend stood at 50.8 in October, lower than September’s 51.1. This is possible keeping Asian equities muted which are trading mixed to positive as equated to strong performance with US equities last week. In terms of currencies, Asian currencies are trading on a depreciating note with respect to the dollar. US dollar index continued to appreciate on Monday standing above the critical 87 mark whereas both the Euro and Yen have depreciated considerably after the announcement of further stimulus from the bank of Japan. This might also have modest negative impact on the INR wherein we need to take care on local currency related movement while trading in Non-Agro commodities in India.

MCX Silver Commodity Market Trading holds a sell stance in silver as seen in the case with Gold commodity. We are seeing Comex Silver trade sharply lower with losses seen over 1percentage as of morning trade. Likely that weaker Gold and modestly subdued Chinese PMI Manufacturing gauge is pushing extended losses in silver commodity today morning. While we maintain our sell view for today, traders need to be cautious as both gold and silver and mainly the whitish metal trade in a oversold phase. Gold Silver Ratio too, last week moved towards 73 mark, its highest since 2008. A fair correction over there is possible in coming sessions. Though trend in up, buying from here is not advised and better that traders await some correction to enter. Silver was a further bigger loser against gold wherein the commodity slipped around 6.25percentage to close near $16.15 per ounce mark while hitting its fresh low in nearly 4 and half years to $15.65 Silver Dec contract in India during the same time was pounding lower by 6percentage to Rs 35800 per Kg mark.

Commodity Trading Tips

Sell Gold Mcx Dec below 26200 SL 26380 Tgt 25800

Sell Silver Mcx Dec below 38600 SL 35880 Tgt 35150

Personal Income and Commodity Intraday Trading Tips

MCX Crude as per major news yesterday evening, the OPEC countries likely boosted oil output to a 14 month high in the month of October notwithstanding the crude prices sinking lower to a bear market, a survey from Bloomberg showed. Production by the group is probably rose by 53,000 BPD to 30.974 MBPD led by increase in Iraq, Saudi Arabia and Libya. While last month’s total was revised 14,000 BPD lower, overall the supply side issues have been dragger on international oil markets for last couple of months. Separately, US crude output rose 4percentage to 8.97 MBPD last week, data from EIA showed which is the highest since January 1983.This morning the US oil is seen trading at $80.96 down by 0.20percentage from its previous close. We believe the inherent fundamentals are still poor for the commodity therefore it is trading down and likely that it may again continue to remain bearish. Also, the USD appreciating could be a hindrance factor to keep oil prices lower. For today, we recommend selling the counter from higher levels.

Global Market View: Today morning, Asian equity markets are trading on a positive note after the better than expected US GDP data. US stocks rallied on the news of the economy expanding at a faster pace in the third quarter than investors were expecting. S&P 500 closed at 1994.65 up by 0.62percentage yesterday. SGX nifty is continuing to trade on an appreciating note and is likely to open gap up and continue to appreciate. In terms of currency, Asian currencies are trading on an appreciating note with respect to the dollar. US dollar index continued to trade over the 86 marks, thanks to the stronger outlook for the US economy. Euro was seen trading on a marginally appreciating note with respect to the dollar while Pound was on a slightly depreciating note.

Economic data from the UK, Germany and European economies could weigh in on today’s session. Retail sales data from Germany and the all important inflation figures euro area would need to be watched out for the day. From the US we have personal income and spending number at 6 PM IST. Looking at the economic data and the market behavior the existing trend in most of the assets are likely to continue.

MCX Natural Gas Commodity Market Trading updates forecasted cooler temperatures in Eastern part of the US supported the trend. MDA Weather Services in Gaithersburg, Maryland said weather may be colder than usual in the East-US through Nov 3. However, we feel there are two other variable which too needed to be checked. First, Inventory numbers in the US came weaker than expected wherein actual showed addition of 87 BCF against exp of 84 BCF against last week’s number @94. Separately, already we have seen good gains in NG for last 3-4 session wherein the commodity is moving towards resistance levels in weekly chart. With the CPC 6-10 days Temperature forecast not displaying any major changes, we would be a bit cautious in intraday. Today’s outlook is modestly +ve, though traders should be ready to switch to other direction in a day or two.

Commodity Intraday Trading Tips

Sell Silver Mcx Dec below 36950 SL 37250 Tgt 36150

Sell Copper Mcx Nov below 418 SL 420 Tgt 412