Bullion:
MCX Gold seems slightly negative for the day.Support expected around 30950 to 30600. Prices are expected to trade sideways to down. 31200 seem to be a key resistance level. Selling on rise is advised as short term trend looks weak.MCX Silver seems positive for the day.Support expected around 59800 to 59100.One can add more if sustains above 59800.
Base Metals:
MCX Copper prices seems to be positive for the day.one can buy on dips around 438 with SL 435, for the target till 443.MCX Nickel prices are expected to trade within a range from 970 to 935. One can trade within the range.
MCX Lead seems positive for the day.prices are expected around range from 124.50 to 126.50.
Today’s trends for commodity
ReplyDeleteCRUDEOIL (18 DEC) TREND: CONSOLIDATE
RES 1: 6060
RES 2: 6100
SUPP 1: 5970
SUPP 2: 5930
STRATEGY: BUY ON DIPS
nifty option trading tips
Gold traded above a 10-week low as improvements in the U.S. economy were weighed against tension in Ukraine and signs of higher demand in China. Assets in the largest exchange-traded product held at the lowest in 12 weeks.
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ReplyDeleteThis type of commodity tips is very useful for mcx traders who want to making money in stock market
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