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COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Gold prices rise amid Fed pause bets, copper gains on China stimulus

* Oil rises after whipsaw week on China stimulus, tighter supply

* US proposes steep hike in bonding rates for oil, gas wells

CHART OF THE DAY

NATURALGAS: NATURALGAS is continuing its bullish momentum, after few day’s consolidation, where 235 is an immediate target level. On the downside, the 215 intraday and immediate support level While below 215 leads to further weakness towards 210-205 again

OUTLOOK:

* Bullion: Day trend is indicating uptrend in Gold &Silver.

* Energy: Day trend is indicating uptrend in Crude oil & Natural gas

* Base metals: Day trend is indicating uptrend in all base metals.

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