Commodity advice and Monsoon Updates,

commodity tips money maker Monsoon has become active again in West India. There has been Raining intermittently in Mumbai and surrounding areas throughout the night. Many areas have been flooded. After raining heavily in many parts of Madhya Pradesh now, clouds have turned to Gujarat and Maharashtra. According to the India Meteorological Department, during the next 24 hours, with Gujarat, Rajasthan, Madhya Pradesh, Maharashtra rains in some areas may be vigorous.
Sugar under Selling pressure in Agri commodities, the price has come down to 6-year low level. Raining in Soybean cultivation areas. Usually in the country Madhya Pradesh, Rajasthan and Maharashtra, most of soybean cultivation.
August soybean futures on NCDEX is trading close to the 0.35 percent fall to Rs 3370. Gwarseed about 2.5 per cent of the October futures around Rs 3874 seems.
August gold futures on MCX is trading around Rs 24 955 0.32 per cent fall. September silver futures fell 0.28 cent to close to 34 050 bucks seems.
Government efforts on rising price of pulses in the country are looking neutralize. The government has decided to import pulses from the international market, but the price have remained high Global market also. Due to this the price will remain high in the domestic market.
Commodity Tips Money Maker Advice
NCDEX soybean (August futures): Sell – 3380, stop loss – 3420, Target – 3300
MCX silver (Sept. futures) Buy – 34,000, stoploss – 33 650, the target – 34,600

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