Platinum in Demand, Copper price rose in LME

COMMODITY TIPS, MCX SILVER TIPS, PLATINUM UPDATES, COPPER TIPS, SUGAR TIPS, NICKEL UPDATES, NCDEX TIPS.

As the market was opened with a great sign holding bullish trend. Stocks of Sugar also come in hot trend of the day. It’s just like the flavor of the day. Yesterday, buying was seen in sugar stocks like Sakhti sugar up by 4.1 percent and Bajaj Hindustan up by 3.72 percent. 

 On Wednesday, Platinum got strongest level after four months. 
 Platinum hits a high of 1714.75 dollar. Palladium also rose by $1.05 to 764.49 dollar after rising a high of 766.22 yesterday. 
                          It is expected that the  demand of Platinum will rise this year.


In London Metal Exchange Copper price rose up by 0.2 precent to 8290 dollar for a tone. It touched a high of 8322 dollar which was highest since October 2012. 

According to the Research firm (Nirmal Bang) Nickel price are expected to move from 1000 to 985. 

                                                  COMMODITY GAINERS

KAPAS up by 15.8 points to Rs. 899.00 

NICKEL MINI up by 1.6 points to Rs. 1002.00 

COPPER MINI up by 0.3 points to Rs. 442.85 

GOLD GUINEA up by 6 points to Rs. 24549.0 

                                                      COMMODITY LOSERS

POTATO down by 14.9 points to Rs. 839.0 

CARDEMOM down by 6.4 points to Rs. 1099.5 

SILVER down by 140 points to Rs. 58216.0 

CARUDE PALM OIL down by 0.9 points to Rs. 449.4 

                                                         COMMODITY CALLS 

BUY Gold at 30614 Target 30664, 30714 

SELL Silver at 58220 Target 58120, 58020 

BUY Copper at 442.85 Target 457.85, 472.85 

SELL Crude Oil at 5139 Target 5131, 5123 

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