DAILY COMMODITY MARKET STRATEGY-13 Oct 2015

BULLION

Gold and Silver December futures have slipped almost a percent in early trade each at $ 1,154 and $ 15.715, respectively.Platinum January 2016 delivery has tumbled 1.4 percent at $ 982.85.

MCX Gold December futures today may face resistance around Rs 26,895-26,925-26,960, while seek support around Rs 26,680-26,650-26,600.

ENERGY

Crude Oil November expiry has advanced almost a percent at $ 47.48.Brent Oil December future has gained 0.3 percent at $ 50.76.Natural Gas November contract is quoted at $ 2.539 - down 0.3 percent.

BASE METAL

Copper December delivery has shed more than half a percent at $ 2.393.On Tuesday trading gains are expected to get resisted at Rs 353 and 355 per kg. Supports for Copper is at Rs 346 and Rs 344 per kg.

The high for Copper on Monday was at Rs 351.75 per kg, and a low of Rs 345.75 per kg was tested.

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