Bullion :
MCX Gold seems negative for the day. Support expected around 30543 30400 & 30221; intraday resistance can be seen near 30865 & 31044. Day traders are advised to sell around 30770.MCX Silver seems negative for the day. Support expected around 59471 59192 & 58844; intraday resistance can be seen near 60099 & 60447. Day traders are advised to sell around 59970.
Base Metal :
MCX Copper seems positive for the day. Support expected around 437.30 435.25 & 432.69; intraday resistance can be seen near 446.2 & 449.48. Day traders are advised to buy around 443.4.Energy :
MCX Natural Gas seems negative for the day. Support expected around 186 184 & 181 intraday resistance can be seen near 196.8 & 199. Day traders are advised to sell around 193.MCX Crude oil seems positive for the day. Support expected around 5140 5100 & 5080; intraday resistance can be seen near 5270 & 5315. Day traders are advised to buy around 5220.
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ReplyDeleteToday’s trends for commodity
ReplyDeleteSILVER (5 MAR.) TREND: CONSOLIDATE
RES 1: 46250
RES 2: 46500
SUPP 1: 45200
SUPP 2: 44700
STRATEGY: BUY ON DIPS
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