MCX Gold Feb is currently trading above Rs. 27,500 and MCX Silver March is currently trading at above Rs. 52,000. Both are trading at higher levels today. MCX Crude Oil January is currently trading above Rs. 5400. Crude Oil touch its highest level. All base metals are trading on a positive note today. MCX Copper Feb is trading above Rs. 410 today. Support for February copper is seen at Rs.404 while resistance is seen at Rs 414. We expect that gold, silver, copper, crude oil are trading at higher levels in today's trading session.
Pepper prices are slowly recovering from then weakness and yesterday it closed the day at 33130. If prices sustain to trade above 33500-34000 range, then prices may turn higher towards 35000/36000 levels in the near turn. On the other side, any break below 32800 downside fall may expected towards 32500 then 32100 levels for the day.
Downside supports:
32800/32300/32100/31800
Resistances:
33200/33500/34000
Downside supports:
32800/32300/32100/31800
Resistances:
33200/33500/34000
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