DAILY COMMODITY MARKET STRATEGY-25 Feb 2015

BULLION

Gold and Platinum April futures have jumped over a per cent at $ 1,249.40 and at $ 1,175.45.Silver March future has jumped 2.7 per cent at $ 16.953.

ENERGY

Crude Oil and Natural Gas March futures are trading on a soft note at $ 52.05 and $ 2.892.Brent Oil April future is up 0.7 per cent at $ 58.87.

The Crude Oil prices are slightly below the 20-DMA at Rs 3,143-odd level. Hence, the commodity is likely to trade with a negative bias as long as prices remain below Rs 3,143-odd level.

BASE METAL

Copper March future has dropped over 0.5 per cent at $ 2.568.

MCX Copper February expiry contract which is due to expire this week ended in green for the session ending Tuesday.The metal surpassed the psychological resistance of Rs 360 per kg.

Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.