Cotton for the Jan contract expected to trade low on domestic market, currently cotton position is showing downward direction from its opening position. Today cotton open 20 point high from yesterday close at 16360. Mentha oil is MCX looking to recover to its position but low demand on Domestic...
If we go towards the bullion its movement is looking positive today, gold is moving towards to touch a line of 31000 for 5 February contract where as white metal is 59000. Today bullion has a very good support for gold support level is 30680 and a resistance of 31402 , meanwhile silver is...
Base metal
Base metals have a strong support on the MCX. Especially copper and nickel showing a good move in the early trade on the Thursday morning. Copper is up by 3.90 point at 11:07 am. Meanwhile the last year worst performing commodity is showing a strong position this year. Nickel hike up...
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