Best NCDEX TIPS | The improvement in the cultivation of pulses and oilseeds is shown on the commodity market. In futures, the price of gram has dropped by about 3 percent. While soybean has also dropped 0.5 percent. Wheat has also declined from the upper level of last 20 months. At the same time, the price of cumin has dropped by about 2%. The castor seed has also dropped sharply. Guar prices have gone down by 3 percent.
The base metal in the non-agri commodity has dropped sharply. Copper, lead, zinc, and nickel have broken about one to 1.5 percent. While there is more fall in lead, nickel, and zinc. Indeed, China has also offered to increase duty on US $ 60 billion import duty. In this way, the risk of hoarding trade war has increased. Crude oil continues to grow and its price has jumped nearly 1-2 percent. At the same time, the glow of gold has faded. It is doing business at $ 1210 on the Comex.
Rudra Investment Best NCDEX TIPS
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NCDEX castor (August futures):
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Sell Rs 4615
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Target 4555
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Stop-loss Rs 4645
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NCDEX Soybean (August futures):
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Sell 3385 rupees
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target 3340 rupees
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Stop-loss Rs. 3410
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MCX crude oil (August futures):
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Buy 4750 rupees
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target 4840 rupees
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Stop-loss Rs 4700
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MCX Nickel (August futures):
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Buy 914-916 rupees
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target 935/940 rupees
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Stop-loss Rs 904
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