In the early morning trade the gold and silver are looking bullish for the future. The yellow metal increases by 72 points to Rs. 26541.00 and the silver increases by 70 points to Rs. 41090.00
The energy products and the base metals followed the same rule as of the precious metals. The cotton is the only one among all mcx commodities which is working in a negative side. It slips by 50 points at 19280.00
The ncdex products used to work in both the trends up and down. Chana is powerfully rising up for all future contracts. For July the coriander price drops by 111 points or 1.84 percent at 5912 with a high of 5912 and low of 5912.
Nickel buy tg 810.4 | 810.9 | 811.4 sl 806.9
Cotton sell tg 19315 | 19300 | 19285 sl 19390
The energy products and the base metals followed the same rule as of the precious metals. The cotton is the only one among all mcx commodities which is working in a negative side. It slips by 50 points at 19280.00
The ncdex products used to work in both the trends up and down. Chana is powerfully rising up for all future contracts. For July the coriander price drops by 111 points or 1.84 percent at 5912 with a high of 5912 and low of 5912.
COMMODITY
|
SUPPORT LEVEL
|
RESISTANCE LEVEL
|
Gold
|
26303
|
26835
|
Jeera
|
13336
|
13489
|
Silver
|
40712
|
42410
|
Chana
|
2924
|
3020
|
Copper
|
411
|
419
|
Sugar
|
2948
|
2993
|
Nickel
|
793
|
818
|
Nickel buy tg 810.4 | 810.9 | 811.4 sl 806.9
Cotton sell tg 19315 | 19300 | 19285 sl 19390
!!!!!!!! This is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.!!!!!!!!!!
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