Gold futures were down by Rs 37 to Rs 25,244 per 10 gram today as participants trimmed their positions. In futures trading, gold for delivery in December traded Rs 37, or 0.15% lower at Rs 25,244 per 10 gram in a business turnover of 350 lots at the Multi Commodity Exchange

2. ✍ MCX DAILY LEVELS
DAILY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
ALUMINIUM 31 DEC 2015 102 101 100 99 98 97 96 95 94
COPPER 29 FEB 2015 318 316 314 312 310 308 306 304 302
CRUDE OIL 18 DEC 2015 2890 2870 2850 2830 2810 2790 2770 2750 2730
GOLD 05 FEB 2015 2535
0
25300 25250 25200 25150 25100 25050 25000 24950
LEAD 31 DEC 2015 112.
50
111.40 110.40 109.40 108.40 107.40 106.40 105.30 104
NATURAL GAS 28 DEC 2015 153 152 151 150 148 147 146 145 144
NICKEL 31 DEC 2015 615 610 605 600 595 590 585 580 575
SILVER 04 MAR 2015 3470
0
34600 34500 34400 34300 34200 34100 34000 33900
ZINC 31 DEC 2015 108.
50
107.50 106.50 105.50 104.50 103.50 102.50 101.50 100
✍ MCX WEEKLY LEVELS
WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4
ALUMINIUM 31 DEC 2015 106 104 102 100 98 96 94 92 90
COPPER 29 FEB 2015 323 320 317 314 311 308 305 302 299
CRUDE OIL 18 DEC 2015 2940 2910 2880 2850 2820 2790 2760 2730 2700
GOLD 05 FEB 2015 25750 25550 25400 25250 25100 25080 24950 24800 24600
LEAD 31 DEC 2015 116 114 112 110 108 106 104 102 100
NATURAL GAS 28 DEC 2015 158 156 154 152 149 147 145 143 141
NICKEL 31 DEC 2015 628 625 612 602 594 584 570 553 540
SILVER 04 MAR 2015 35100 34900 34700 34500 34300 34100 33900 33700 33500
ZINC 31 DEC 2015 112 110 108 106 104 102 100 98 96

3. WEEKLY MCX CALL
SELL GOLD FEB BELOW 25100 TGT 24950 SL 25253
SELL ZINC DEC BELOW 103.30 TGT 102.30 SL 105.20
PREVIOUS WEEK CALL
SELL GOLD DEC BELOW 25261 TGT 24963 SL 25571 (ALMOST ACHEIVED TGT , MADE LOW OF
24965)
FOREX✍ DAILY LEVELS
DAILY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
USDINR 26 DEC 2015 67.8
0
67.60 67.35 67.20 67.05 66.90 66.80 66.60 66.35
GBPINR 26 DEC 2015 101.
50
101.35 101.20 101.05 99.90 99.75 99.60 99.40 99.20
EURINR 26 DEC 2015 71.9
0
71.70 71.50 71.30 71.10 70.90 70.70 70.50 70.20
JPYINR 26 DEC 2015 55.1
0
55 54.90 54.80 54.70 54.55 54.45 54.30 54.15
FOREX✍ WEEKLY LEVELS
DAILY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
USDINR 26 DEC 2015 68.4
0
68 67.50 67.25 67 66.85 66.60 66.30 65.90
GBPINR 26 DEC 2015 102 101.70 101.40 101.10 101 99.95 99.60 99.25 98.90
EURINR 26 DEC 2015 72.3
5
72 71.70 71.40 71.10 70.85 70.55 70.10 69.75
JPYINR 26 DEC 2015 55.5
0
55.30 55.10 54.90 54.70 54.50 54.30 54.10 53.90
WEEKLY FOREX CALL
SELL GBPINR DEC BELOW 100.76 TGT 100.10 SL 101.35
PREVIOUS WEEK CALL
SELL GBPINR NOV BELOW 100.45 TGT 99.85 SL 101.10 (MADE LOW OF 100)

4. ✍ NCDEX DAILY LEVELS
DAILY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
SYOREFIDR 18 DEC 2015 644 635 626 621 617 612 608 599 590
SYBEANIDR 18 DEC 2015 4109 4030 3951 3902 3872 3823 3793 3714 3635
RMSEED 18 DEC 2015 4966 4876 4786 4735 4696 4645 4606 4516 4426
JEERAUNJHA 18 DEC 2015 16803 16563 16323 16206 16083 15966 15843 15603 15363
CHANA 18 DEC 2015 5260 5175 5090 5046 5005 4961 4920 4836 4750
CASTORSEED 18 DEC 2015 4037 3978 3919 3891 3860 3832 3801 3742 3683
✍ NCDEX WEEKLY LEVELS
WEEKLY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
SYOREFIDR 18 DEC 2015 684 660 636 626 621 602 588 564 540
SYBEANIDR 18 DEC 2015 4361 4193 4025 3939 3857 3771 3689 3521 3353
RMSEED 18 DEC 2015 5378 5149 4920 4802 4691 4573 4462 4233 4004
JEERAUNJHA 18 DEC 2015 17856 17241 16626 16358 16011 15743 15396 14781 14166
CHANA 18 DEC 2015 5518 5336 5154 5078 4972 4896 4790 4608 4426
CASTORSEED 18 DEC 2015 5301 4844 4387 4125 3930 3668 3473 3016 2559
WEEKLY NCDEX CALL
BUY JEERA JAN ABOVE 16550 TGT 16900 SL 16200
PREVIOUS WEEK CALL
BUY JEERA DEC ABOVE 15900 TGT 16200 SL 15450 (TGT ACHEIVED)

5. MCX - WEEKLY NEWS LETTERS
INTERNATIONAL NEWS
✍ PRECIOUS METAL
✍ Gold
Gold futures were down by Rs 37 to Rs 25,244 per 10 gram today as participants trimmed their
positions. In futures trading, gold for delivery in December traded Rs 37, or 0.15% lower at Rs
25,244 per 10 gram in a business turnover of 350 lots at the Multi Commodity Exchange.On
similar lines, the metal for delivery in far-month February next year shed Rs 33, or 0.13%, to
Rs 25,390 per 10 gram in 32 lots. Market analysts said the fall in gold futures was mostly in
tune with a weak trend overseas as expectations for an increase in US borrowing costs by the
end of the year buoyed the dollar, curbing the metal's appeal. Meanwhile, gold prices in global
market retreated as much as 0.4% to $1,068.36 an ounce in Singapore today.
Gold traded near its lowest in nearly six years on Thursday as the dollar held at multi-month
highs after US economic data reinforced expectations of an interest rate rise this year. The US
currency was also supported against the euro, weighing on dollar-denominated gold, as
European Central Bank officials said they were considering options such as whether to stagger
charges on banks hoarding cash or to buy more debt. The ECB meets next week. Spot gold was
unchanged on the day at $1,070.76 an ounce by 1505 GMT, not far off the $1,064.95 hit last
week, its lowest since February 2010. Liquidity was thin, with US markets are shut for the
Thanksgiving holiday. "The sense in the market is that the dollar will continue to rally due to
the prospect for QE (quantitative easing) in Europe and the hike in the US," Saxo Bank's head
of commodity strategy Ole Hansen said. "The focus is back to the negative correlation to a
stronger dollar and that's keeping gold under pressure." The dollar was up 0.1% against a
basket of major currencies, trading close to an eight-month high reached in the previous
session. "The dollar index is within reach of the multi-year high of 100.39. A break of this level
would put downside pressure on gold," ScotiaMocatta said in a note. Data on Wednesday
showed US manufacturing output in October rose well above economists' expectations while
business spending plans surged. Gold had seen some safe-haven bids earlier this week after
Turkey downed a Russian fighter jet, stoking tensions between the countries, but interest has
faded as investors' focus returned to a US rate rise. "People are preparing for the rate hike ... if
you look at strategists' recommendations of the top 20 trades, gold is not in there," MKS SA
senior vice president Bernard Sin said.

6. ✍ Silver
Taking weak cues from overseas markets, silver prices dropped by Rs 202 to Rs 34,511 per kg
in futures trade today as participants cut down their bets. At the Multi Commodity Exchange,
silver for delivery in far-month March 2016 was trading lower by Rs 202, or 0.58%, to Rs
34,511 per kg in a business turnover of 202 lots. Similarly, the white metal for delivery in
December declined by Rs 141, or 0.41%, to Rs 33,940 per kg in a business volume of 624 lots.
In the international market, silver fell 1.09% to $14.12 an ounce in Singapore today. Traders
said the fall in silver prices at futures trade was largely in step with a weak trend in precious
metals in global markets as expectations for a hike in US borrowing costs by the end of the year
boosted the dollar, curbing the metal's appeal.
✍ Crude oil
Crude oil futures prices rose 0.98% to Rs 2,888 per barrel today as speculators built bets amid a
firm trend in Asia. At the Multi Commodity Exchange, crude oil for delivery in December was
trading Rs 28, or 0.98%, higher at Rs 2,888 per barrel, with a business turnover of 14,010 lots.
The oil for January next year delivery contracts moved up by Rs 26, or 0.88%, to Rs 2,994 per
barrel, with a business volume of 302 lots. Marketmen said the rise in crude oil futures was
largely in tandem with a firming trend in Asia where it held above$43 a barrel after US
commercial crude supplies rose at a slower pace while concerns over the shooting down by
Turkey of a Russian warplane lingered. Data from the US Department of Energy released
yesterday showed that the country's commercial crude supplies rose by 1.0 million barrels for
the week ended November 20. Meanwhile, West Texas Intermediate crude for delivery in
January was up eight cents at$43.12 while Brent crude for January gained seven cents to$46.24
on the New York Mercantile Exchange.
✍ Nickel
Nickel futures traded lower by 0.49% to Rs 611.40 per kg largely in tune with weak overseas
trend amid subdued demand from alloy-makers at domestic spot markets. In futures trading at
the Multi Commodity Exchange, nickel for delivery in December weakened by Rs 3, or 0.49%,
to Rs 611.40 per kg in a business turnover of 165 lots.Similarly, the metal for delivery in
November was down by Rs 2.80, or 0.46%, at Rs 605.20 per kg in 664 lots. Globally, nickel
dropped as much as 1.8% at the London Metal Exchange (LME). Analysts said apart from

7. weak demand from alloy makers at domestic spot markets, a weak trend in the base metals
pack in global markets weighed on nickel prices at futures trade here.
✍ Copper
Copper futures soared 2 per cent in the domestic market on Thursday as investors and
speculators booked fresh positions in the industrial metal amidst reports that China may
consider conducting an investigation into short-selling on local exchanges, following a request
from an industry group. Further, copper producers in China are planning to meet on Friday to
discuss possible production cuts and support prices, also lifting the industrial metal. China is
the world’s biggest consumer of copper, making up nearly half of global copper consumption.
Further, upbeat US demand outlook lifted the demand prospects for the metal as orders for
business equipment in the US climbed the most in three months, up 1.3 per cent in October
from September, signaling a pickup in capital spending in the world’s biggest economy.
Copper may retreat today’s as Thursday’s surge in prices leads to profit booking amidst rising
fears that a worsening China economic slowdown may curb metal demand. At the MCX,
Copper futures for November 2015 contract closed at Rs 306.4 per kg, up by 2.08 per cent after
opening at Rs 300.45, against the previous closing price of Rs 300.15. It touched the intra-day
high of Rs 311.05.
✍ Zinc
Zinc prices moved down 1.07% to Rs 106.55 per kg in futures market today as speculators
trimmed their positions, in tandem with a weak global trend. In futures trading at Multi
Commodity Exchange, zinc for delivery in December dropped Rs 1.15, or 1.07%, to Rs 106.55
per kg in a business turnover of 58 lots.Likewise, the metal for delivery in November was
trading Rs 1.10, or 1.03% lower at Rs 105.30 per kg in a business turnover of 22 lots.
Marketmen said weakness in most base metals at the London Metal Exchange (LME) after
Chinese manufacturing weakened in July, mainly weighed on zinc prices in futures trade
✍ Lead
Lead prices fell 0.64% to Rs 108.45 per kg in futures trading today due to sluggish demand
from battery-makers in the spot market amid a weak global trend. At the Multi Commodity

8. Exchange, lead for delivery in November eased by 70 paise, or 0.64%, to Rs 108.45 per kg in a
business turnover of 124 lots. Metal for delivery in December shed 65 paise, or 0.59%, to Rs
109.25 per kg in three lots. Market analysts said besides sluggish demand from battery-makers
in the spot market amid a weak trend in the base metals pack at the London Metal Exchange as
investors weigh the impact of possible cuts by Chinese producers, mainly kept pressure on lead
prices at futures trade.
✍ NCDEX - WEEKLY NEWS LETTERS
✍ Mustard seed
Mustard Seed prices closed lower by 0.26 per cent on Tuesday at the National Commodity &
Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on
account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard
Seed futures for December 2015 contract closed at Rs. 4,633 per quintal, down by 0.26 per
cent, after opening at Rs. 4,600 against the previous closing price of Rs. 4,645. It touched the
intra-day low of Rs. 4,580. Sentiment weakened further due to the sluggish export demand as a
result of the weak demand for the commodity
The turmeric spot prices at the Erode market traded at Rs.9800 per quintal for Finger variety
and Rs. 9300 per quintal for Gattah variety unchanged from the previous close. The daily
arrivals reported at Sangli market were hovered in the range of 2000-3000 bags. Fresh demand
reported at the spot front supported the uptrend in turmeric prices. Taking cues from the spot
activities, the turmeric futures traded on a positive note on Thursday. The stock position of
turmeric at NCDEX-accredited warehouses as of 25 November 2015 was reported at 5093
metric tonnes
According to the derivative analysis, prices, volumes and open interest have increased an
indication that the market is attracting large numbers of traders willing to open positions from
the long side and hold them.
✍ Castorseed
Castorseed prices fell by 0.78 per cent on Tuesday at the National Commodity & Derivatives
Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies
as well as strong production estimates. At the NCDEX, castor seed futures for December 2015
contract was trading at Rs. 4,029 per quintal tonnes, down by 0.78 per cent, after opening at Rs.
3,965 against the previous closing price of Rs. 3,998. It touched the intra-day low of Rs. 3,965
till the trading Aa 12.40 PM.

9. ✍ Chana
Chana prices were down 1.31% to Rs 4,970 per quintal in futures trade on Monday as
participants reduced exposure, triggered by higher supplies in the spot markets.At National
Commodity and Derivatives Exchange, chana for delivery in December eased by Rs 66, or
1.31%, to Rs 4,970 per quintal with an open interest of 51,040 lots.
On similar lines, the commodity for delivery in January 2016 traded lower by Rs 61, or 1.27%,
to Rs 4,710 per quintal in 28,820 lots.Fall in chana prices to higher supplies from producing
belts against weak trend at spot markets on fall in demand at prevailing levels.
✍ Jeera
Jeera prices closed lower by 1.05 per cent on Tuesday at the National Commodity &
Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the
producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures
for December 2015 contract closed at Rs. 15,900 per quintal, down by 1.05 per cent, after
opening at Rs. 15,830 against the previous closing price of Rs. 16,160. It touched the intra-day
low of Rs. 15,830. Commodity markets (Agri) were shut on November 25, 2015 on account of
Guru Nanak Jayanti, which commemorates the birth of the founder of the Sikh faith.
During Thursday’s trading session, jeera futures traded on a positive trend on cues from spot
markets. Hence, jeera Dec contract settled the day at Rs.16150 up by 1.2% Jeera spot prices at
the Unjha market hovering in the range of Rs.15150 – Rs.16000 per quintal. The total daily
arrivals reported at Unjha market hovering in the range of 4000- 6000 bags. However, prices at
the spot front remained steady due to limited export demand. Stock position of commodities at
NCDEX approved warehouse as on 25 November 2015 is 5774 MT.

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