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Monday, November 16, 2015

DAILY COMMODITY MARKET STRATEGY-17 Nov 2015

Stock Tips

BULLION

Gold December future is down 0.2 percent at $ 1,081.Silver December future has is marginally down at $ 14.215.Platinum January 2016 future is quoted at $ 869.50 - up 0.2 percent.

ENERGY

Crude Oil December future is slightly down at $ 41.70.Brent Oil January future has declined 0.4 percent at $ 44.61.Natural Gas December future is down 0.15 percent at $ 2.338.

BASE METAL

Copper December future has slipped around 2 percent to $ 2.084.On Tuesday trading gains are expected to get resisted at Rs 311 and 312 per kg. Supports for Copper is at Rs 308 and Rs 305 per kg.

The high for Copper was at Rs 317.60 per kg, and a low of Rs 308.10 per kg was tested.

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