On India’s ncdex sugar is going negative for May delivery. The contract is fall of 0.48% at Rs. 2920. Support for product is likely to be at 2880and resistance at 2970 level.
In multi commodity exchange the
Copper is working in a positive note and is expected to remain in the same position whole day. It may not move upward until it breaks the level of 385.
In London price gold for immediate delivery is at $10. The demand for gold is surge in country as the wedding season is going on with this the second biggest gold buying festival after Dhanteras i.e. Akshya Tritya is coming.
Gainers
|
Gold
|
Silver
|
Crude oil
|
Aluminum
|
Copper
|
Change (%)
|
1.19
|
1.49
|
0.38
|
0.44
|
0.86
|
Losers
|
Natural
gas
|
Mentha
oil
|
Cotton
|
Nickel
|
Kapas
|
Change (%)
|
0.04
|
2.52
|
1.52
|
0.36
|
1.25
|
Sell chana tg 3500 | 3490 | 3480 sl 3600
Buy lead tg 110.75 | 111.25 | 111.55 sl 107.45
Sell menthe oil tg 950.5 | 945.5 | 940.5 sl 973.1
Buy crude oil tg 4988 | 4994 | 5001 sl 4967
GOLD (5 DEC.) TREND: CONSOLIDATE
ReplyDeleteRES 1: 27150
RES 2: 27300
SUPP 1: 26800
SUPP 2: 26600
STRATEGY: SELL ON HIGH
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