DAILY COMMODITY MARKET STRATEGY-3 Nov 2015

BULLION

Platinum January 2016 future is up 0.3 percent in early deals at $ 981.20.Gold and Silver December series are trading on a flat note at $ 1,135.10 and $ 15.420, respectively.

ENERGY

Crude Oil December delivery has added 0.2 percent at $ 46.23.Brent Oil December contract is almost unchanged at $ 48.78.Natural Gas December expiry is marginally up at $ 2.260.

BASE METAL

Copper December future has advanced 0.4 percent at $ 2.322.Copper has still remained sideways. On Tuesday trading gains are expected to get resisted at Rs 339 and 340 per kg. Supports for Copper is at Rs 335 and Rs 333 per kg.

The high for Copper on Monday was at Rs 338 per kg, and a low of Rs 335.70 per kg was tested.

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