DAILY COMMODITY MARKET STRATEGY-30 Nov 2015

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BULLION

Gold February 2016 future is witnessing selling pressure, and is down 1.3 percent to $ 1,056.20.Silver December future is up 0.2 percent at 14.030.Platinum January future has shed around a percent at $ 830.30.

ENERGY

Crude Oil January future is quoted at $ 41.80 - up 0.2 percent.Brent Oil January future is down 0.2 percent at $ 44.81.Natural Gas January future has declined more than half a percent at $ 2.212.

Crude Oil December futures are at Rs 2780 while resistance for Crude Oil is at Rs 2880.

BASE METAL

Copper March future has dropped almost a percent at $ 2.047.Copper ended the day at Rs 310.80 per kg on 27 November 2015 against 313.55 per kg on 26 November 2015.

The high for Copper February was at Rs 314.75 per kg, and a low of Rs 309.70 per kg was tested.

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