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Spices
Cardamom prices at MCX September 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 980-1000 and either side break out will give clear direction to the prices.
Plantation
Rubber prices at NMCE September 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 12750-12950 and either side break out will give clear direction to the prices.
Precious Metals
MCX Silver September futures have crucial support at 41500. Once this level is breached and sustain below the same it has next support at 41200 levels. Intraday resistance for the metal is seen at 42400. Breach above this level could lead prices towards next resistance at 42800.
Base Metals
MCX Nickel July futures prices have an immediate support at 1130 level. Breach below the same could target next support at 1122 levels. Intraday resistance for the metal is placed at 1150 and subsequently at 1160 levels.
Energy
MCX Natural Gas Aug futures prices have an immediate support at 232 level. Prices may target next support at 229 level after the breach of 232 level. On upper side prices have resistance at 239 and subsequently at 242 levels.