The rupee is badly broken against the dollar. the one dollar value is gone beyond Rs 67, which is now trying to recover. In such situation, edible oil in the domestic market has become expensive. Soya and Palm oils are trading above 1.5 and 2 percent. Gold slipped below Rs 30000 in the domestic market. the selling pressure in silver, base metals are trading with gains. Crude oil fall increased.
MCX Silver (December Future) Buy above: 44257.64 Targets: 44288.09, 44340.71, 44393.35 Stop loss : 44205.00.
MCX Crude Oil (November Future) Sell below: 2997.56 Targets: 2985.38, 2971.74, 2958.12 Stop loss: 3011.27.
MCX Aluminium (November Future) Buy above: 121.00 Targets: 123.70, 126.50, 129.33 Stop loss: 118.27.
MCX Copper (November Future) Buy above: 390.06 Targets: 394.82, 399.80, 404.81 Stop loss : 385.14.