Guar yesterday we have seen that market has moved -1.26% on profit-booking after rising more than 2 pe
Minara Resources Ltd., Australia's second-largest nickel producer, reported second-quarter production dropped 15 percent after a pipeline failure at the Murrin Murrin plant in Western Australia. Nickel has touched a low of Rs 894.1 a kg after opening at Rs.898, and last traded at Rs 912.3.For today market is looking for the support at 899.5, a break below could see a test of 886.8 and where as resistance is now likely to be seen at 919.6, a move above could see prices testing 927.
Zinc volumes on the Shanghai Futures Exchange surged in the second quarter of this year, reinforcing p
Copper ended down but recovered some of its early losses supported by speculative buying in comm
Crude oil ended higher as energy investors were encouraged by a rally on Wall Street sparked by earnings optimism. The International Energy Agency said that global oil demand will increase by 1.6% in 2011, with demand growth coming entirely from non-OECD nations. Now support for the crude is seen at 3518 and below could see a test of 3450. Resistance is now likely to be seen at 3629, a move above could see prices testing 3672.
Silver rose along with gold on a mix of brightening economic sentiment and investors' willingness to move money into more volatile commodities. Silver opened the day at 28800 and touched a low of 28748, amid dollar infirmity. The greenback’s subjugation briskly impelled the metal to a high of 29156; before siesta drove the commodity to a close of 29044.Now support for the silver is seen at 28809 and below could see a test of 28575. Resistance is now likely to be seen at 29217, a move above could see prices testing 29391.Tata Technologies shares declined on Monday by 5.6 percent as overall market sentiment remained negative.
News in Focus
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