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Spices
Cardamom prices at NMCE Aug contract traded sideways to Bullish on short covering by traders. This trend is likely to continue in next trading session as well. Trading range for next trading session is seen between 928-949 and either side break out will give clear direction to the prices.
Plantation
Rubber prices at NMCE August contract traded down on selling pressure by traders. It likely to trade down in next trading session on selling pressure. Trading range for next trading session is seen between 13800-14100 and either side break out will give clear direction to the prices.
Precious Metals
Overall bullion prices may trade on both side due to high volatility expected in today's session. Intra day traders are advised to book profit in narrow range.
Base Metals
MCX Nickel July futures have an immediate support at 1140 levels followed by next support at 1130 level. While on the upper side prices have resistance at 1155. It may find next major resistance at 1165 levels after the breach of 1155 level.
Energy
Overall Crude oil futures likely to trade sideways in today's trade. MCX Natural gas may continue to trade bearish during the day.