In MCX Bullions Gold prices can open with positive bias. Base metals may open in green tracking positive opening in SHFE. MCX Copper prices can test 375 while MCX lead nickel can test Rs. 1000. MCX Crude oil can also trade on mixed note however bias will remain on upside and the prices can test Rs. 4400.
MCX Gold Dec settled yesterday at Rs. 26458, it lost Rs. 135 for the day. MCX Silver Dec settled yesterday at Rs. 52228, it lost Rs. 929 yesterday. MCX Crude Oil settled yesterday at Rs. 4357 however, it is expect to open in a negative territory today. All base metals are likely to open in a negative territory today.
Pepper futures may trade bearish tracking weak spot markets. Pepper futures to trade higher for the day. Cardamom futures may trade in red zone. Jeera futures may trade sideways. Guar complex may trade sideways. Guar Complex is expected to trade lower for the day. Domestic oilseeds may trade sideways. Outlook for Soybean is seen down for the day. CPO is expected to trade lower. Outlook for Chana is sideways to up for the day. Outlook for Jeera is sideways to down for the day.
MCX Gold Dec settled yesterday at Rs. 26458, it lost Rs. 135 for the day. MCX Silver Dec settled yesterday at Rs. 52228, it lost Rs. 929 yesterday. MCX Crude Oil settled yesterday at Rs. 4357 however, it is expect to open in a negative territory today. All base metals are likely to open in a negative territory today.
Pepper futures may trade bearish tracking weak spot markets. Pepper futures to trade higher for the day. Cardamom futures may trade in red zone. Jeera futures may trade sideways. Guar complex may trade sideways. Guar Complex is expected to trade lower for the day. Domestic oilseeds may trade sideways. Outlook for Soybean is seen down for the day. CPO is expected to trade lower. Outlook for Chana is sideways to up for the day. Outlook for Jeera is sideways to down for the day.
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