04.03.2015 Free Trading Tips On Commodity

Precious Metals:

At the MCX, Gold futures for February 2015 contract was trading at Rs 26,472 per 10 gram, down by 0.14 percent after opening at Rs 26,500, against the previous closing price of Rs 26,510. It touched the intra-day low of Rs 26,452 till the trading.

Agro Outlook

Coriander prices fell by 2.12 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for April 2015 contract were trading at Rs. 6,293 per quintal, down by 2.12 per cent, after opening at Rs. 6,679 against the previous closing price of Rs. 6,429. It touched the intra-day low of Rs. 6,262 till the trading.

Castor Seed prices fell by 0.22 percent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates. At the NCDEX, castor seed futures for March 2015 contract was trading at Rs. 3,644 per quintal tonnes, down by 0.22 per cent, after opening at Rs. 3,651 against the previous closing price of Rs. 3,652. It touched the intra-day low of Rs. 3,630 till the trading .

Market Statistics

COMMODITY	CLOSING PRICE	TREND	SUPPORT S2	SUPPORT S1	RESISTANCE R1	RESISTANCE R2
GOLD	26427	DOWN	26256	26341	26551	26676