From the early morning trading session the mcx commodities used to work in a negative side with a high depreciating points. Silver down by 1806 at 53720 and the Gold drop by 959 points at 32691.
The base metals are heavily dropped today, their is an incredible change has been seen in nickel as it go worse today down around 36 points to Rs. 922.90 touches a high 944.40. Its support is at 924.8 level and resistance at 976.8 level.
Wheat futures on National Commodity and Derivatives Exchange (NCDEX) for September delivery was seen trading down by 0.38% at Rs.1569 per 100 kgs as of 11.14 AM on Friday. Support for the commodity is seen at 1520 while resistance is seen at 1630 level. Traders may sell around 1600 with the stop loss of 1630 for the target of 1520.
Crude oil sell below 7217 target 7210, 7190, 7175 stoploss 7237
Gold sell below 32726 target 32690, 32670, 32660 stoploss 32786
The base metals are heavily dropped today, their is an incredible change has been seen in nickel as it go worse today down around 36 points to Rs. 922.90 touches a high 944.40. Its support is at 924.8 level and resistance at 976.8 level.
Wheat futures on National Commodity and Derivatives Exchange (NCDEX) for September delivery was seen trading down by 0.38% at Rs.1569 per 100 kgs as of 11.14 AM on Friday. Support for the commodity is seen at 1520 while resistance is seen at 1630 level. Traders may sell around 1600 with the stop loss of 1630 for the target of 1520.
Crude oil sell below 7217 target 7210, 7190, 7175 stoploss 7237
Gold sell below 32726 target 32690, 32670, 32660 stoploss 32786
