"Sell copper fab @ 457.6 SL 459 TGT 453/451"
In the commodities, both gold and silver are
trading marginally higher at $1232 and $19.75 up by 0.2% and 0.3% at the Comex
platform. WTI crude is trading higher by 0.9% at $92.58 per barrel at the NYMEX
platform. Lastly, base metals 3M forwards at the LME platform are trading
higher in the range of 0.3% to 1% after declining over 1.5% on an average in
the Thursday trading session.
However the overall direction for the base metals continues to remain mixed to
weak wherein we are holding on to our stance of selling in select base metals
during the evening session. Though post the inventory data and on a technical
aspect there could be a possibility for further gains in evening session in Aluminum
and Nickel.
GOLD
|
29,606
|
144
|
+0.50%
|
SILVER
|
44,804
|
680
|
+1.52%
|
OIL
|
5,705
|
000
|
+0.00%
|
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