+91731-6690000

Thursday, 19 January 2017

DAILY COMMODITY MARKET STRATEGY- 19 Jan 2017

Best Commodity Tips
BULLION

Silver March future are witnessing losses in morning deals, down 1.4 percent at 17.032.Gold for the month of February contract have also shed almost a percent at 1,202 per ounce.Platinum April delivery is slightly down at $ 965.Refined gold prices gained during last night. Levels of INR 28,800 per 10 grams was noticed during the closing, with an uptick of 0.2 percent.The prices also surpassed INR 28,800 per 10 grams which means that further appreciation will remain active. If gains occur from here it can take yellow metal towards INR 28,850 and 28,950 per 10 grams.On lower side, Gold will be supported at Rs 28,700 per 10 grams. The high of Gold was at INR 28,825 per 10 grams and a low of INR 28,675 per 10 grams was tested during the day. The prices closure below INR 28,900 per 10 grams will be critical.

ENERGY

Both Crude Oil February and Brent Oil March series have spurted almost a percent each at $ 51.49 and $ 54.37 a barrrel, respectively.Natural Gas February expiry is unchanged at $ 3.317.Crude Oil declined in the session ending 18 Jan 2017 and ended with correction to the tune of 0.5 percent. The prices of Crude Oil ended the session at INR 3,499 per barrel, down INR 96.The benchmark expiry contract of Crude Oil tested a high of INR 3,590 per barrel. A low of INR 3,489 per barrel was registered during the day.Losses in Crude Oil can take prices towards Rs 3,450 and 3,400 per barrel. On the lower side Rs 3,650 and 3,700 per barrel are the noted resistances.

BASE METAL

Copper March delivery has gained more than half a percent at $ 2.631.

Get Free Silver Tips With Accurate Calls By Our Expert Researcher, Amazing MCX Bullion TipsCommodity Trading TipsCrude Oil Tips...
For More Detail You Can Call On:- 0731-6669900, 6790000

1 comment: