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Spices
Cardamom prices at MCX October contract traded down on selling pressure by traders. This trend is likely to continue in next trading session as well. Trading range for next trading session is seen between 880-898 and either side break out will give clear direction to the prices.
Plantation
Rubber prices at NMCE October contract traded down on profit booking by traders. It is likely to trade down in next trading session as well on profit booking. Trading range for next trading session is seen between 12000-12200 and either side break out will give clear direction to the prices.
Precious Metals
MCX Silver September futures have crucial support at 39300. Breach below the same could target next support at 38800 levels. On upper side resistance level is seen at 40000 and 40300 levels.
Base Metals
MCX Nickel September futures have an immediate support at 1065 levels. If prices break this level then it has next support at 1050. Intraday resistance for the metal is placed at 1100 and subsequently at 1110 levels.
Energy
MCX Natural Gas September futures have an immediate support at 230 level. It is likely to move downward towards 226 after the breach of 230 level. On upper side intraday resistance is placed at 236 and 240 levels.