On Tuesday all
mcx commodities walk on red carpet, from the day one of this week commodities
are looking at down side and traded at negative side. Gold and silver both are
traded at negative side, and in morning gold opens with 26666 points and its
past closed with 26725 points, its current price is 26564 points.Silver also
opens with decreased side and the points are 40702 points, currently silver
traded at negative side.
If we see
remaining commodities then we found all commodities are in bearish mood in
today market.Crude oil, Natural gas are in fall side, yesterday whole day both
energies are in red shade but in the evening natural gas are jump on positive
zone.
On Tuesday in
NCDEX market Chili (July)trend is noted at down side, whole day its trend is
looking at bearish side, and chilli has good support and resistance levels:
S1: 5521.6,
S2: 5506
R1: 5622.6,
R2: 5638
According to
the Spices Board of india, india’s chilli exports in year 2012 and 2013 were
going higher at 281000 tons, and a year ago it was 241000 tons noted.
Other side
if we talking about mustard seed for July Contract may traded at sideways side,
it touches intrady high at 3539 level and lower side touches 3491 points.
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2 comments:
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