NYMEX crude flat in Asia as investors eye flash China HSBC PMI, API data
Dani Commodities has come out with its report on MCX Crude oil. According to the research firm, one can sell MCX Crude at Rs 5330 for price target of Rs 5300 with a stop loss of Rs 5350.
Dani Commodities has come out with its report on MCX Gold, Silver, Copper, Lead, Zinc, Nickel, Crude Oil and Natural Gas. According to the research firm, one can sell MCX Gold at Rs 30755 with a stop-loss of Rs 30795 for the target of Rs 30690.
The markets have been taking cues of the sentiment across the globe. The economic sentiments, which are negative, can boost up the prices of gold, said Naveen Mathur, associate director of commodities and currencies at Angel Broking. Mathur is bullish on crude and has a buy call on it.