Thursday, May 17, 2012


BRIEF OUTLOOK FOR THE DAY Bullion moves up on profit taking and relief rally, but still looks weak. Base metals moves up from lower levels, highly oversold, sideways to down Crude remains sharply negative Natural gas positive for the day, keep eye on Inventory data at 8 PM. Firm demand in spot markets likely to keep Chana trade positive Spices likely to trade positive on lower supplies against improved demand Oilseed likely to trade bullish on global cues and improved demand

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