BULLION:
December Gold GCZ3 +0.74% shed $10.70, or 0.8%, to settle at $1,316.30 an ounce.
Gold Mcx Trend:
In dollar term Gold has turned to buying formation, In MCX it may remain range bound between 29970 and 29700 levels
Silver December SIZ3 +0.90% fell 27 cents, or 1.2%, to $21.59 an ounce.
Silver Mcx Trend:
Silver remains volatile between 48600–50800 levels. Volatility can be expected
Gold Mcx Oct Resistance on Upside at 29870-29968-30041
Gold Mcx Oct Support on Low side at 29699-29625-29528
Gold Trend Deciding Point at 29773
Silver Mcx Dec Resistance on Upside at 49342-49636-49877
Silver Mcx Dec Support on Low side at 48806-48565-48271
Silver Trend Deciding Point at 49048
BASE METALS:
Copper for December delivery HGZ3 +0.14% lost 4 cents, or 1.3%, to $3.26 a pound.
Copper Mcx Trend:
Copper would remain range bound between 462 and 457 levels.
Copper Mcx Aug Resistance on Upside at 461-463-464
Copper Mcx Aug Support on Low side at 458-457-455
Copper Trend Deciding Point at 460
Nickel Mcx Aug Resistance on Upside at 867-870-874
Nickel Mcx Aug Support on Low side at 860-856-853
Nickel Trend Deciding Point at 864
ENERGY:
Crude oil for November delivery CLX3 +0.13% fell 46 cents, or 0.4%, to settle at $103.13 a barrel.
Crude Mcx Trend:
Crude also expected to open higher and above 6560 it would test 6595 and 6640 levels
Natural GasOct NGV13 +0.46% lost 11 cents, or 3.1%, to end at $3.49 British thermal units.
Natural Gas Mcx Trend:
Natural gas expected to trade lower and below 219 it may test 216/214 levels.
Crude Mcx Oct Resistance on Upside at 6535-6554-6581
Crude Mcx Oct Support on Low side at 6489-6462-6443
Crude Trend Deciding Point at 6515
Natural Gas Mcx Sep Resistance on Upside at 229-230-232
Natural Gas Mcx Sep Support on Low side at 227-225-224
Natural Gas Trend Deciding Point at 232
TODAY STOCK MARKET TIPS
BUY CRUDE OIL MCX NOV ABOVE 6541 SL 6520 TGT 6558-6578
SELL MENTHA OIL MCX SEP BELOW 862 SL 871 TGT 856
ECONOMIC DATA TO WATCH:
| DATE | TIME | Region | Event | Period | Survey | Prior |
| 25.09.2013 | 10:30 | JN | Small Business Confidence | Sep | — | 49.7 |
| 25.09.2013 | 16:30 | US | MBA Mortgage Applications | Sep-20 | — | 11.20% |
| 25.09.2013 | 18:00 | US | Durable Goods | Aug | -0.20% | -7.30% |
| 25.09.2013 | 18:00 | US | Durables Ex Transportation | Aug | 1.00% | -0.60% |
| 25.09.2013 | 19:30 | US | New Home Sales | Aug | 420K | 394K |
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