Monday, 27 May 2013

27 May 2013 sugar price fell, copper update, buy sell intraday future tips

The copper price is traded down in both domestic and international market. At 2:34 pm it was trading down by 0.17% at Rs. 407.15 per kilogram. 

The sugar slumps today. Due to poor spot market and less demand in the import sugar price fell. The support for commodity is 2970 while resistance is 3080. 

Coriander and caster seed looks bearish. Last week coriander closed negative. Its price remains under pressure. The export of castor oil decrease to 38869 tons while export of 50355 tons. 

It may be expected that there is a more downfall can be seen in the price of gold, from the early morning trade sliver recovered its position and starts trading in a positive side. 

The oil and base metals looks in the same trend as they were in morning session time. As compared to last week, today it’s very unexpected starting of the commodities. 

SILVER BUY TG 43650, 43665, 43690 SL 43555 

CRUDE OIL SELL TG 5208, 5202, 5196 SL 5234 


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