Mcx Commodity News and Mcx Free Tips
[caption id="attachment_216" align="aligncenter" width="250"] Mcx free tips[/caption] Trade strategy Buy Gold February futures at Rs 30,760-30,800 with a stop loss at Rs 30,610 and target at Rs 31,020, 31,280. Buy Silver March futures at Rs 37,100 with a stop loss at Rs 36,653 and target at Rs 37,650-37,900. Crude oil Crude oil's trading range for a week is Rs 3,650-3,950 per barrel. Futures contracts of crude oil are likely to remain volatile because the drama surrounding the renewal of a deal between the OPEC and its allies to cut production will conclude at a meeting. The group will meet on December 6-7. The quantum of the cut could be between 0.5 million barrels per day and 1.5 million barrels per day. If no deal is seen, there will be a risk of prices falling further because the overall supply remains high. Crude oil and USD INR are in oversold zone and the US dollar is looking to bounce which will support crude oil prices. Trad...