MCX Cardamom futures for April delivery traded sideways and closed at 943.9. Overall trend remains bearish and any rise in prices may give short sell opportunity for traders in next trading session. It has good support at 935, while resistance is seen at 963.
NMCE Rubber Apr contract traded sideways due to lack of fresh buying from traders. It is likely to trade positive in next trading session. Trading range for next trading session is seen between 12300-12550 and either side break out will give clear direction to the prices.
Precious Metals
Gold futures at Multi Commodity Exchange (MCX) may trade bullish today with an intraday support of 26550. Intraday resistance for the yellow metal is likely to be seen around 26750 levels.
Base Metals
Copper futures at multi Commodity Exchange (MCX) is likely to trade on a sideways note today. Intraday support for MCX Copper futures for April delivery is seen around 385. On upper side, resistance for the red metal is likely to be seen around 392 levels.
At India's Multi Commodity Exchange (MCX), Crude Oil futures for April delivery may trade on a sideways to bullish note today. Intraday resistance for MCX Crude Oil April delivery is seen around 3250 levels. On the down side, prices may find support around 3120 levels.