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BASE METAL WRAP:
Copper advanced for a third day, trading near a seven-week high, after China’s central bank injected funds, helping ease surging financing costs.
Share Market tips
ENERGY WRAP:
West Texas Intermediate crude fell for a second day, trimming its first monthly advance since August, amid speculation that recent price increases may be unsustainable.
Share Market tips
PRECIOUS METAL WRAP:
Gold traded little changed below $1,200 an ounce as investor holdings retreated and U.S. equities climbed to a record amid signs of an improving economy.
Share Market tips
GLOBAL EVENTS TO WATCH:
Core Durable Goods Orders m/m, Durable Goods Orders m/m, HPI m/m, New Home Sales, Richmond Manufacturing Index.
Copper advanced for a third day, trading near a seven-week high, after China’s central bank injected funds, helping ease surging financing costs.
Share Market tips
ENERGY WRAP:
West Texas Intermediate crude fell for a second day, trimming its first monthly advance since August, amid speculation that recent price increases may be unsustainable.
Share Market tips
PRECIOUS METAL WRAP:
Gold traded little changed below $1,200 an ounce as investor holdings retreated and U.S. equities climbed to a record amid signs of an improving economy.
Share Market tips
GLOBAL EVENTS TO WATCH:
Core Durable Goods Orders m/m, Durable Goods Orders m/m, HPI m/m, New Home Sales, Richmond Manufacturing Index.
Agri Commodity Market Update
CS CHANA ( JAN. ) OVERVIEW:TREND CONSOLIDATE SUP1:2950 SUP2:2875 RESIST1:3085 RESIST2:3172 TRADING STRATEGY: BUY ON DIPS mcx tips CS JEERA (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:12400 SUP2:12180 RESIST1:12760 RESIST2:12950 TRADING STRATEGY: SELL ON RISE mcx tips CS TURMERIC (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:6040 SUP2:5980 RESIST1:6284 RESIST2:6340 TRADING STRATEGY: SELL ON RISE mcx tips CS SOYABEAN (JAN.) OVERVIEW: TREND CONSOLIDATE SUP1:3800 SUP2:3720 RESIST1:3920 RESIST2:3950 TRADING STRATEGY: SELL ON RISE mcx tips |
Bullion Commodity Market Update.
CS COPPER (FEB.) OVERVIEW:TREND CONSOLIDATE SUP1:454 SUP2:451 RESIST1:465 RESIST2:471 TRADING STRATEGY: BUY ON DIPS mcx tips CS CRUDE (JAN.) OVERVIEW: TREND CONSOLIDATE SUP1:6100 SUP2:5970 RESIST1:6190 RESIST2:6250 TRADING STRATEGY: SELL ON RISE mcx tips CS GOLD (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:28270 SUP2:27900 RESIST1:28650 RESIST2:28990 TRADING STRATEGY: SELL ON RISE mcx tips CS SILVER (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:43100 SUP2:42400 RESIST1:44285 RESIST2:44590 TRADING STRATEGY: SELL ON RISE |
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