Commodity Market News-24 Dec 2014

Free Commodity Tips, Agri Tips, Nifty Futures tips
Bullions:

Gold
Gold was little changed on Tuesday, paring earlier gains after strong U.S. growth data lifted the dollar, and was looking vulnerable to more losses as appetite for risk boosted equities.

Silver
Silver added 0.5 percent to $15.70 an ounce after falling 2.6 percent to a three-week low of $15.49 on Monday.

Crude Oil
Oil rose by more than $2 a barrel on Tuesday, rallying for a second time in three days, after data showing the fastest rate of U.S. economic growth in 11 years bolstered expectations for crude demand.

Natural Gas

U.S. natural gas futures ended up nearly 1 percent on Tuesday after falling to a 23-month low on weak holiday demand and seasonal temperature forecasts for the next two weeks.

Base Metals:

Copper prices dropped on Tuesday, extending the previous session's fall as the dollar rallied and concerns over weak demand in top consumer China persisted.

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AGRI COMMODITY MARKET
BULLIONS COMMODITY MARKET
CS TURMERIC (APRIL) OVERVIEW:


TREND BULLISH
RESIST 2:8535
RESIST 1:8450
SUP1:8240
SUP2:8120
STRATEGY: BUY ON DIPS

CS SOYABEAN (JANUARY) OVERVIEW:


TREND MIXED TO BULLISH
RESIST 2:3370
RESIST 1:3355
SUP1:3330
SUP2:3320
STRATEGY: BUY ON DIPS

CS CHANA (JANUARY) OVERVIEW:
 
TREND MIXED TO BULLISH
RESIST 2:3385
RESIST 1:3355
SUP1:3300
SUP2:3265
STRATEGY: BUY ON DIPS

CS DHANIYA (JANUARY) OVERVIEW:


TREND MIXED TO BULLISH
RESIST 2:13025
RESIST 1: 12900
SUP1:12550
SUP2:12350
STRATEGY: BUY ON DIPS
CS COPPER (FEBRUARY) OVERVIEW:


TREND MIXED TO BEARISH
RESIST 1:410
RESIST 2:412.50
SUP 1:404
SUP 2:402
STRATEGY: SELL ON RISE

CS CRUDE (JANUARY) OVERVIEW:


TREND MIXED TO BULLISH
RESIST 1:3680
RESIST 2:3720
SUP1:3570
SUP2:3480
STRATEGY: BUY ON DIPS FOR SMALL PROFITS.

CS GOLD (FEBRUARY) OVERVIEW:
 
TREND BEARISH
RESIST 1:26750
RESIST 2:26860
SUP1:26500
SUP2:26375
STRATEGY: SELL ON RISE

CS SILVER (MARCH) OVERVIEW:


TREND BEARISH
RESIST 1:36800
RESIST 2:37050
SUP1:36000
SUP2:35800
STRATEGY: SELL ON RISE
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