DAILY COMMODITY MARKET STRATEGY-10 Nov 2014

Copper has resumed its journey on the higher side after the formation of inverted head and shoulder pattern that is bullish for the metal. The prices all through last week indicated that there were some good supports emerging at Rs 404 and 400 per kg.

Gold December future has gained 0.2 per cent at $ 1,172.30.Silver December future has spurted nearly a per cent at $ 15.838.Platinum January 2015 future is marginally in red at $ 1,217.70.

Crude Oil December and Brent Oil January 2015 futures have added 0.4 per cent each at $ 78.96 and $ 84.34, respectively.Natural Gas December future has jumped 3.3 per cent at $ 4.522.

Copper December future has advanced 0.5 per cent at $ 3.047.

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