Thursday 25 July 2013

Thursday commodities market news || resistance and support levels for today 25 July’13

Today the commodity market is seems to be in fully bearish note whether it’s a multi commodity exchange or national commodity and derivative exchange. All the metals and food grains are showing down trend. 

The two most precious metals gold and silver dropped near around 90 points and 240 points for the delivery of future contract. The same condition has been seen in the price of energy products and the base metals. Cotton also used to follow the same path as of the others. 

SUPPORT AND RESISTANCE LEVEL 


Products
Support Level
Resistance Level
Gold
27515.1
27515.1
Jeera
13142.6
13382.4
Silver
40903.8
41788.2
Chilli
5480.8
5551.2
Crude oil
6180.3
6353.7
Sugar
3011.1
3032.9
Copper
416.4
422.9
Turmeric
5508.4
5631.6
Nickel
836.8
855.4
 

Silver sell target 41075 | 41055 | 41045 stop loss 41175 

Cotton sell target 19460 | 19445 | 19430 stop loss 19520 

Crude oil sell target 6197 | 6189 | 6179 stop loss 6241 

Nickel sell target 838.2 | 837.2 | 836.2 stop loss 843.2

2 comments:

  1. !!!!! Thanks for the information. You provided food for thought. Thanks for sharing the information. All the best to you.!!!!!!!!!
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