MCX Gold and Silver are trading at positive prices today. Today Gold is trading above Rs. 28,000 and Silver is trading in the range of Rs. 58,000-59,000. All base metals are trading at higher levels. MCX Copper is trading in the range of Rs. 430-436, it may touch the levels of Rs. 440 in upcoming trading session. Support for MCX Copper April contract is seen at Rs.426 while resistance is seen at Rs.438. In energy Crude oil and natural gas are also trading at positive prices. Crude oil is trading in the range of Rs. 5300-5400.
Cardamom prices rebounded yesterday after it made a low of 896 closed the day at 959.70. If prices are able to trade above 900 the bullish momentum may continue, but the major upside may see only above 985 levels.
Resistances: 985/1000/1050
Supports: 950/925/900
Pepper prices reversed the previous day’s gain after it made a high of 39770, closed the day at 38030 levels.
Resistances: 39820/40000/40500
Supports: 37800/37680/36800
Cardamom prices rebounded yesterday after it made a low of 896 closed the day at 959.70. If prices are able to trade above 900 the bullish momentum may continue, but the major upside may see only above 985 levels.
Resistances: 985/1000/1050
Supports: 950/925/900
Pepper prices reversed the previous day’s gain after it made a high of 39770, closed the day at 38030 levels.
Resistances: 39820/40000/40500
Supports: 37800/37680/36800
