Best MCX amd NCDEX Tips for Today (19th June)

PRECIOUS METALS: Precious metals prices were little changed on Friday, as investors judged that a sell-off sparked by a rise in U.S. interest rates this week had run its course and the dollar weakened, making bullion cheaper for holders of other currencies.

ENERGY: Crude oil slipped to six-month lows as an ongoing supply overhang weighed on markets despite an OPEC-led effort to cut production and prop up prices. Prices for both benchmarks are down by more than 13 percent since late May, when producers led by the Organization of the Petroleum Exporting Countries (OPEC) extended a pledge to cut production by 1.8 million barrels per day (bpd) by an extra nine months until the end of the first quarter of 2018.

Crude Oil (JUN)
RESISTANCE2:2990
RESISTANCE1:2940
SUPPORT1:2830
SUPPORT2:2780
COPPER (JUN)
RESISTANCE2:373
RESISTANCE1:369
SUPPORT1:361
SUPPORT2:357

intraday commodity tips

CALL SELL: GOLD AUG BELOW 28650 TARGETS 28450/28250 STOPLOSS 28900

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