The Commodity analyst advise Short term traders that they can buy MCX Natural Gas April contract near 192 with stop loss of 184 and can wait for target of 203.
Commodity report for Jeera that for commodity jeera it is expected that it trade steady to positive tomorrow.
#Commodity Future prices of pepper are trading with mixed sentiments. For commodity pepper buying sentiments are expected in intra day. The level at MCX of 24500 is strong support for April future.
The commodity Base metals delivered jumped to a positive performance on the LME mainly due to weak US dollar and buying is seen at lower levels of commodity MCX. This commodity trade factor helped base metal prices to move in the northward direction yesterday.
If we hear to the reports of LME, we get shocked to hear that even a single company has the potential to wield 89% Lead in warehouses under the scanner of LME and the reports reveals that the position is worth $704 million when calculated in current value terms.
MCX Prices for commodity copper settled at upside price level of 422.65 and made high of 424 during yesterday. Thus Copper Prices are seen to be in a bullish level trend.
Crude : Oil dropped for a second day in New York after signs of weakening gasoline demand in the U.S. and slowing Chinese exports stoked speculation that demand may falter in the world's largest consumers of crude. Futures slipped as much as 1.1 percent after American Petroleum Institute data...........
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