Monday, December 26, 2011

MCX Commodity Tips, NCDEX Agri Commodity Market News

Today Gold, Silver, Copper, Crude oil are trading at negative prices. Gold is trading in the range of Rs. 27,500-27,900 and Silver is trading in the range of Rs. 53,100-53,300. Copper price may touch the levels of Rs. 410 and Crude oil may touch the levels of Rs. 5300 in upcoming trading session. All base metals are trading at higher prices today. We assume that all are trading same for the day.

NCDEX Agri Commodity Market Updates:

Pepper futures may trade sideways tracking weakness in spot markets & closure of international markets for Christmas & New Year holidays. Cardamom futures may trade with a bearish bias owing to selling pressure. For this week Guar seed has resistance at 7500 and support at 6600. For this week Chana has resistance at 3310 and support at 3065.

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