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Spices
Cardamom prices at MCX November contract traded sideways to bearish due to 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 818-830 and either side break out will give clear direction to the prices.
Plantation
Rubber prices at NMCE November contract traded firm on short covering by traders. It is likely to trade firm in next trading session as well on short covering. Trading range for next trading session is seen between 12100-12240 and either side break out will give clear direction to the prices.
Precious Metals
Silver futures for December delivery at MCX may trade sideways with an intraday support of 38500. Prices may test resistance at 39300 levels. Intraday traders are advised to take position accordingly.
Base Metals
Overall trend for MCX base metals look sideways to bearish for the day. Intraday traders are advised to take positions accordingly.
Energy
MCX Natural Gas futures for October delivery may trade with sideways to bearish bias in today's trade. Intraday support for the commodity is seen at 232. On upper side it may find resistance at 238 levels.