The MCX Crude Oil March future has extended its gains and touched a high of Rs 3,040 tracking the NYMEX Crude Oil prices.
The MCX Crude Oil has gained over a per cent at Rs 3,034. The counter has seen trades of around 12,069 contracts.
The MCX Silver March future is trading on a Positive zone. The bullion white metal started the day with a gain of Rs 124 (0.3 per cent) at Rs 35,173, tracking NYMEX Silver prices.
The MCX Silver March future has touched a high at Rs 35,177 - up (Rs 128) and a low at Rs 35,090.
The MCX Gold April future is trading on a negative note following the NYMEX Gold futures.
The bullion future started the day in a negative zone at Rs 25,660 - down (Rs 25).
Gold price in India is down at Rs 25,632 - down (Rs 53).
The March MCX Natural Gas futures rallied for the second consecutive day and jumped above the key moving averages like 20-DMA (Rs 175) and 50-DMA (Rs 178) to close with a surge of over 3.5 per cent at Rs 178.60 owing to smart rally in NYMEX Natural Gas prices.
MCX Natural Gas prices have raised some hopes of further rally. The commodity may trade with a positive bias as long as prices trade above Rs 177-odd level on the daily charts.
The energy futures are expected to face resistance around the higher-end of the Bollinger Band at Rs 185-odd level on the higher side.
The MCX Crude Oil has gained over a per cent at Rs 3,034. The counter has seen trades of around 12,069 contracts.
The MCX Silver March future is trading on a Positive zone. The bullion white metal started the day with a gain of Rs 124 (0.3 per cent) at Rs 35,173, tracking NYMEX Silver prices.
The MCX Silver March future has touched a high at Rs 35,177 - up (Rs 128) and a low at Rs 35,090.
The MCX Gold April future is trading on a negative note following the NYMEX Gold futures.
The bullion future started the day in a negative zone at Rs 25,660 - down (Rs 25).
Gold price in India is down at Rs 25,632 - down (Rs 53).
The March MCX Natural Gas futures rallied for the second consecutive day and jumped above the key moving averages like 20-DMA (Rs 175) and 50-DMA (Rs 178) to close with a surge of over 3.5 per cent at Rs 178.60 owing to smart rally in NYMEX Natural Gas prices.
MCX Natural Gas prices have raised some hopes of further rally. The commodity may trade with a positive bias as long as prices trade above Rs 177-odd level on the daily charts.
The energy futures are expected to face resistance around the higher-end of the Bollinger Band at Rs 185-odd level on the higher side.
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