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Friday, 21 April 2017

Latest Commodity Updates And Expert Tips For Today

Equity benchmarks as well as broader markets erased morning gains, with the Nifty falling below 9150 level amid consolidation that continued for seventh consecutive session today.

The Sensex gained 13.35 points at 29,435.74 and the Nifty rose 5.60 points at 9,142. About three shares advanced for every share falling on the BSE.Reliance Industries, which gained 3.5 percent ahead of earnings, continued to help the market trade in positive terrain.

In commodity market, Gold prices may continue to find support owing to nervousness ahead of the French election. Pricewise, we believe that precious metals may continue to remain choppy even as the trend remains bullish.

Commodity Tips
Sell Silver may in the range of  41400- 41350 Targets 41000/40700stop loss 41700.

Expert view: Technically silver is selling on hourly/daily charts while MACD and RSI also indicate good selling opportunity in it.So, traders should go for sell on higher level strategy.