In Mcx Commodity Market, Gold, Silver and Lead is trading in negative zone whether all other Base Metals are up in the market. Currently, Gold Live at 29284 with the loss of 46 points, Silver Live at 37550 with the loss of 214 points and Crude Oil Live at 2676 with the hike of 10 points. In Ncdex Commodity Market, all the commodities are trading in negative zone except Soyabean, Ref soya oil and kapas contracts. The board of Bharat Petroleum Corporation Limited has given the approval to increase the limit of Foreign Institutional Investment from 24% to 49% in the company. BPCL will buy the 26% stake of Petronet CCK Limited in 78.6 Rupees. The company stock is currently trading at 933.30 with the hike of 1.76%.
Buy BPCL above: 937.89 Targets: 945.08 – 952.78 – 960.51 Stoploss : 930.25
Sell RM Seed May below: 4430 Targets: 4380 – 4356 – 4332 Stoploss : 4455
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