Commodity Outlook for Pepper by KediaCommodity

PepperPepper August delivery gained Rs 106 and settled at Rs 19039/quintal on export demand though profit-booking later in the session limited gains. Pepper prices had gained 6 percent in four sessions ending Friday. Spot prices in the key Kochi market rose by more than 275 rupees to be at 18596 rupees per 100 kg. The contract touched the intraday high of Rs 19170/quintal while low of Rs 18932/quintal. Now support for the pepper is seen at 18924 and below could see a test of 18809. Resistance is now likely to be seen at 19162, a move above could see prices testing 19285.

Trading Ideas:

Pepper trading range is 18714-19190.

Commodity Outlook for Guar by KediaCommodity

GuarGuar yesterday we have seen that market has moved 0.16% as good demand for guar gum and thin arrivals in

Brazil Records 70% Increase In Firearm Sales

Brazil Records 70% Increase In Firearm SalesAccording to authorities, the sale of firearms in Brazil has gone up by 70 per cent since 2005.

In the year 2005, Brazilian authorities had sanctioned the sale of firearms in the country in a referendum.

Around 59 million of the 92 million people who took part in the referendum backed the sales of firearms.

The state-run Controlled Products Management Directorate (DFPC) stated that 68,000 firearms got sold in the country in 2005 and the figure went up to 116,900 in the year 2009.

Commodity Outlook for Nickel by KediaCommodity

NickelPremiums for physical nickel in Europe will likely come under pressure following a tentative agreement to end a year-long strike at Vale's Sudbury, Ontario, mining operations. Nickel has touched a low of Rs 910 a kg after opening at Rs.910.2, and last traded at Rs 911.7.For today market is looking for the support at 910.4, a break below could see a test of 909.2 and where as resistance is now likely to be seen at 912.5, a move above could see prices testing 913.4.

Trading Ideas:

Nickel trading range is 908.7-912.9.

Nickel set for dip on Vale, but not quickly

Nickel is getting support at 906.20 and resistance is at 917.80

I Worked Hard On My Physique For 'Once Upon...', Says Emraan

I Worked Hard On My Physique For 'Once Upon...', Says EmraanSerial kisser Emraan Hashmi said that his forthcoming flick "Once Upon A Time In Mumbai", in which he dons the role of an underworld don, is a "turning point" in his film career.

The actor also said that he has worked really hard on his looks for 'Once Upon…'

Emraan added that working along with multi-talented actor Ajay Devgan is a great experience.

Commodity Outlook for Zinc by KediaCommodity

ZincXstrata PLC said it is starting construction on its Bracemac-McLeod zinc mine in Canada and expects full capacity to be reached by the first quarter of 2013, with initial production set to begin in early 2012. Zinc yesterday we have seen that market has moved 0.34%. Market has opened at 87.05 & made a low of 86.85 versus the day high of 87.6. The total volume for the day was at 501 lots and the open interest was at 5135.Now support for the zinc is seen at 87 and below could see a test of 86.6. Resistance is now likely to be seen at 87.8, a move above could see prices testing 88.1.

Trading Ideas:

Zinc trading range is 86.3-87.8.

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