Bullion :
MCX Gold seems positive for the day. Support expected around 30670 & 30570; intraday resistance can be seen near 30780 & 30890. Day traders are advised to buy around 30670 with SL 30570, for the target of 30780 & 30890MCX Silver seems slightly positive for the day. Support expected around 59100 & 58600; intraday resistance can be seen near 59700 & 60200. Day traders are advised to buy sell around 59100 with SL 58600, for the target of 59700 & 60200.
Energy :
MCX Natural Gas seems positive the day. Support expected around 194 & 192 intraday resistance can be seen near 197 & 200. Day traders are advised to buy around 194 with SL 192 for the target of 197 & 200.MCX Crude oil seems slightly positive for the day. Support expected around 5120 & 5070; intraday resistance can be seen near 5170 & 5220. Day traders are advised to buy around 5120 with SL 5070, for the target of 5170 & 5220.
Today’s trends for commodity
ReplyDeleteCOPPER (28 FEB.) TREND: CONSOLIDATE
RES 1: 458
RES 2: 462
SUPP 1: 450.50
SUPP 2: 447.50
STRATEGY: BUY ON DIPS
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