Today
in morning time, mcx gold and silver both commodities are traded at
above side with positive prices and gold recently goes upside with
81.00 positive prices and stands with 26465.00 points while silver
also goes above side and recently stands with 36118.00 points.
Crude
oil goes upside with extream positive 66.00 points and recently
stands with 4763.00 points while natural gas goes down side with
-15.00 points and stands with 262.50 points.
Ncdex
commodity market recently goes up and down side with positive and
negative prices and castor seed goes down side with negative -0.94%
points and stands with 4780.00 points.
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Crude Oil and Brent Oil January futures are marginally up at $ 76.62 and $ 80.55, respectively.
ReplyDeleteCommodity Intraday Tips
Crude oil fell on views OPEC will not cut enough supply to balance world markets at the group’s meeting on 27 November as advised by Epic research.
ReplyDeleteMCX Crude oil last week showed correction on higher side, gave breakout of 4725 but unable to maintain above this level and closed below it. Now, if it breaks the support level of 4550 and closed below it then it is in weak zone and may find next support around 4450. If some correction occurs and maintains above 4820 then 5000 will act as resistance for it.
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