Tuesday 7 July 2015

MCX Crude Oil Updates | Commodity Calls For Today 7 July

Crude oil prices balanced out on Tuesday morning subsequent to posting one of their greatest selloffs this year the earlier day over Greece's dismissal of obligation bailout terms and China's securities exchange troubles.

"Crude oil prices hit a two-month low amid mounting concerns over economic stability in Europe and Asia. On the supply side, an increase in Iranian supply is expected to compete with Russian sales when the new supply hits the market," ANZ bank said on Tuesday.


MCX Commodity Trading Calls Today


Copper (August futures ) Sell 362, Target 354-352, stop loss 364


Natural Gas ( July futures ) Sell 177-178, Target 173-172, stop loss 181

3 comments:

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