DAILY COMMODITY MARKET STRATEGY- 4 Mar 2016

Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips
BULLION

Silver March future has advanced around a percent this morning at $ 15.245.Gold April contract has added 0.3 percent at $ 1,261.60 an ounce.Platinum April delivery is almost unchanged at $ 951.60.

ENERGY

Crude Oil April expiry has gained more than half a percent at $ 34.80 per barrel.Brent Oil April contract has is quoted at $ 37.17 - up 0.3 percent.Natural Gas April future is down 0.3 percent at $ 1.628.

BASE METAL

Copper March delivery has added 0.4 percent at $ 2.219.The metal closed at Rs 331.15 per kg on 3 March 2016 against Rs 328.30 per kg on 2 March 2016. With the breach of double top the prices are looking to move towards Rs 335 and 337per kg in the medium term.

The Copper April future prices tested levels of Rs 331.55 per kg as highs and Rs 327.30 per kg as a low. Volumes decline during the session of gains.

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Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips




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