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Spices
Cardamom prices at MCX November contract traded firm due to buying support by traders. This trend is likely to continue in next trading session as well. Trading range for next trading session is seen between 870-885 and either side break out will give clear direction to the prices.
Plantation
Rubber prices at NMCE November contract traded sideways to bearish on profit booking by traders. It is likely to trade firm in next trading session on buying support. Trading range for next trading session is seen between 12300-12500 and either side break out will give clear direction to the prices.
Precious Metals
MCX Silver futures for December delivery may trade sideways with an intraday support of 38200. Prices may find resistance at 38200 levels. Intraday traders are advised to take positions accordingly.
Base Metals
MCX Nickel futures for October delivery may trade on sideways to bearish note. For intraday, support for the metal is seen at 920. Resistance is placed at 920 levels. Intradey traders are advised to take positions accordingly.
Energy
MCX Natural Gas futures for October delivery may trade sideways to bearish in today's trade. For intraday, support for the commodity is seen at 224 while 228 is the resistance for the same, Traders are advised to take positions accordingly.