Quantcast
Spices
Cardamom prices at MCX Mar contract traded firm and hit upper limit due to 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 1065-1075 and either side break out will give clear direction to the prices.
Plantation
NMCE Rubber Mar contract traded sideways to bullish due to short covering from traders. It is likely to trade with volatile sentiments in next trading session on short covering. Trading range for next trading session is seen between 12380-12480 and either side break out will give clear direction to the prices.
Precious Metals
Silver futures at MCX is also likely to trade with a sideways bias today. For intraday, support for MCX Silver March contract is seen around 36200 while 37100 is the resistance for the same.
Base Metals
At India's Multi Commodity Exchange (MCX) Copper futures for April delivery has an intraday resistance of 374. On the down side, prices may find support around 368 levels.
Energy
At India's Multi Commodity Exchange (MCX), Crude Oil futures will likely see a sideways trend in today's trade. Intraday support for MCX Crude Oil March contract is seen around 3200 and resistance around 3280 levels.