Sowing of pulses and oilseeds, plummeted 35 percent:

MONSOON:

Strong rain in the last 10 days from sowing acreage of pulses and oilseeds in the country has improved, but still pulses and oilseed sowing acreage has declined drastically. The main reason behind this is that at the time there was no rain at that time agriculture was in need of water. Kharif crops this year the event is set. 
 

Sowing has decreased by 65.2 per cent in Madhya Pradesh. The state has until Thursday to Hectare 72,000. Last year was 207,000 hectares. Sowing in Maharashtra has lost 56.6 per cent. So far, 70,000 hectares have been sown.

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Today MCX Free Tips: MCX GOLD | MCX SILVER | MCX CRUDE OIL |

 

 
MCX Gold: current price Rs 27919 with -0.07%

previous close – 27890/-     opining – 28000/-
                   high – 28035/-             low – 27890/-

technical point

R1 : 28041.50         R2 : 28110.75

S1 : 27896.50         S2 : 27820.75

MCX Silver: current price Rs 44387 0.24%

previous close – 44281/-     opining – 44390/-
                   high – 44534/-             low – 44291/-

technical point –

R1 : 44457.00                R2 : 44617.00

S1 : 44214.00                S2 : 44131.00

MCX Crude Oil: current price Rs 6112 -0.62%

previous close – 6150/-         opining – 6125/-
                   high – 6149/-                 low – 6107/-

technical point -

R1 : 6158.50                  R2 : 6174.75

S1 : 6116.50                  S2 : 6090.75

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MCX FREE TIPS: MCX GOLD| MCX SIVER| MCX CRUDE| MCX COPPER

National commodity market is showing gains in gold and silver is dull. With 0.21 per cent MCX gold is trading at Rs 27953 yield. With a decline of 0.05 percent while MCX silver is trading at Rs 45082. 

MCX crude oil shown at red colour and with a decline of 0.13 per cent it trade at Rs 6174. 

GOLD: Buy MCX Gold Rs 27953 Target Rs 28200 Stop loss 27750

COPPER: Buy MCX COPPER Rs 427.4, 428 Target Rs 434 Stop loss 424 

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