DAILY COMMODITY MARKET STRATEGY- 11 Mar 2016
BULLION
March Silver future is trading on a gung-ho note in early trade, and is up 2 percent to $ 15.655.Platinum April delivery has gained 0.5 percent at $ 986.50.Gold April contract has added 0.3 percent at $ 1,276.50 an ounce.
ENERGY
Crude Oil April expiry has jumped over 1.5 percent at $ 38.43 per barrel.Brent Oil May contract has also spurted 1.4 percent at $ 40.59.Natural Gas April future is unchanged at $ 1.806.
BASE METAL
Copper May delivery has advanced almost a percent at $ 2.244.Copper declined marginally and moved near to Rs 330 per kg. The prices have now formed a effective barrier northwards near Rs 338-340 levels.
The metal closed at Rs 332.90 per kg on 10 March 2016 against 334.60 per kg on 9 March 2016. After the declines below Rs 335 prices can further move toward Rs 330 per kg on the downside.
Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.
Capitalstars Financial Research Private Limited is a research house and an investment advisory group.
There are a lot of stock advisory firms, they provide regular updates of market, but no one will help you to gain profit. You can follow Epic Research to get reports and updates.
ReplyDeleteNice information about the market update, for accurate and perfect share market tips, free mcx tips, free commodity tips , free stock tips by the market experts for successful trading in the stock market.
ReplyDelete