Commodity Analysis & Comment

Technically Natural Gas market is under long liquidation as market has witnessed drop in open interest by 14.53% to settled at 2918 while prices down 19.9 rupees. Now MCX Natural Gas is getting...

Technically Chana market is under short covering as market has witnessed drop in open interest by 0.44% to settled at 36180 while prices up 144 rupees. Now NCDEX Chana is getting support at 4519 and...

Technically MCX Cotton is getting support at 22020 and below same could see a test of 21960 level, And resistance is now likely to be seen at 22170, a move above could see prices testing...

Technically now Crudeoil is getting support at 3709 and below same could see a test of 3668 levels and resistance is now likely to be seen at 3803, a move above could see prices testing 3856. Crude...

Technically NCDEX Jeera is getting support at 18490 and below same could see a test of 18410 level, And resistance is now likely to be seen at 18685, a move above could see prices testing...

Technically Silver market is under short covering as market has witnessed drop in open interest by 2.22% to settled at 19340 while prices up 230 rupees. Now MCX Silver is getting support at 38259 and...

Technically now Gold is getting support at 31670 and below same could see a test of 31608 levels and resistance is now likely to be seen at 31816, a move above could see prices testing 31900. Gold on...

Technically Mustard Seed market is under short covering as market has witnessed drop in open interest by0.11% to settled at 36210 while prices up 29 rupees. Now NCDEX Mustard Seed is getting support...

Technically Ref. Soya Oil market is under fresh buying as market has witnessed gain in open interest by 4.23% to settled at 34260 while prices up 0.15 rupees. Now NCDEX Ref. Soya Oil is getting...

Technically NCDEX Soyabean is getting support at 3355 and below same could see a test of 3331 level, And resistance is now likely to be seen at 3393, a move above could see prices testing...

Aluminium on MCX settled down -1.14% at 138.35 as reports about new capacity starts at domestic smelters weighed. Poor supply and demand in the aluminium market in China is likely to continue in...

Crudeoil on MCX settled down -0.13% at 3749 after reports that Iran’s oil minister said divisions exist within the Organization of the Petroleum Exporting Countries, leading futures to give up...

Technically Zinc market is under fresh buying as market has witnessed gain in open interest by 0.71% to settled at 2975 while prices up 1.05 rupees. Now MCX Zinc is getting support at 188.7 and below...

Technically Nickel market is under fresh selling as market has witnessed gain in open interest by 3.98% to settled at 14696 while prices down 5.3 rupees. Now MCX Nickel is getting support at 770 and...