Monday 6th May Indian NSE BSE Calls, MCX NCDEX Tips for today

The Reserved Bank of India (RBI), on predictable appearance, slashed the repo rate by 25bps starting 7.50 % to 7.25% on Friday, which triggered revenue enchanting in banking and speed approachable stocks as a great deal of it was factored in the charge.

It cuts its strategy interest rate by 25 base points for the third occasion since January, to energy growth in Asia’s third leading economy.

Gold and Silver today again looking with positive points. In yesterday gold and silver both starts with optimistic prices and today again opens with good incremented points. All base metals are in bearish trend again.

Crude oil looking at down side and moves in down side.

Copper also traded at down side and opens with little bit less points and its yesterday closed was 395.30 and currently traded at negative side.

If we see the overall trend of NCDEX market then it’s up. Most of the products are showing buy trend such as Barley, Caster Seed, Jeera, Mustard seed, Pepper, Potato and soon…….
In national commodity and derivative exchange chana for future delivery contract downs with the change of 0.41 percent with an open interest 2910.

Monday NSE and BSE Calls:

BUY Tata Steel Targets 312.50, 313.40. 314.20 Stop Loss 309

BUY Sesa Goa Targets 162, 163, 164 Stop Loss 159

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