base metal copper trend positive today open at 431.35
and made high 433.2, mcx nickel was down trend open at 1149.4 and
made high 1154.3, down side 1140.1, aluminium lead and zinc look
uptrend.
MCX silver trend:
silver on nymax traded below 20.598, open at 20.668 and
low of day is 20.521.
mcx silver open at 44390 and made high 44534, low of day
is 44290, silver and gold both looked under pressure as global market
trend.
MCX Gold trend:
gold on comax open at $1307.43 and high at $1309.23 made
low of day is $1300.8 mcx gold looked under pressure below 2800
open at 28000 and high of day is 28035 ,down side low is
27902 ,today short position in gols look profitable as trader view
mcx commodity calls:
sell gold above 27950 target 27900/27850/27800 stoploss
28050
sell silver above 44400 target 44300/44200/44100
stoploss 44590
sell nickel above 1150 target 1140/1130 stoploss 1158
Reliance Power surged 3% to Rs 93 on the BSE after Anil Ambani led Reliance Power on Sunday acquired debt-laden Jaiprakash Power Ventures Ltd's entire hydropower portfolio.
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