Bullion :
MCX Gold seems negative for the day. Support expected around 29280 & 29140; intraday resistance can be seen near 29420 & 29540. Day traders are advised to sell around 29420 with SL 29540, for the target of 29280 & 29140.
MCX Silver seems slightly negative for the day. Support expected around 54200 & 53700; intraday resistance can be seen near 54800 & 55300. Day traders are advised to sell around 54800 with SL 55300, for the target of 54200 & 53700.
Energy :
MCX Natural Gas seems slightly positive for the day. Support expected around 196 & 193 intraday resistance can be seen near 199 & 202. Day traders are advised to buy around 196 with SL 193 for the target of 199 & 202.
MCX Crude oil seems slightly negative for the day. Support expected around 4950 & 4900; intraday resistance can be seen near 5000 & 5050. Day traders are advised to sell around 5000 with SL 5050, for the target of 4950 & 4900.
Bullion :
MCX Gold seems negative for the day. Support expected around 29120 & 29000; intraday resistance can be seen near 29370 & 29480. Day traders are advised to sell around 29370 with SL 29480, for the target of 29120 & 29000.
MCX Silver seems slightly negative for the day. Support expected around 54400 & 53900; intraday resistance can be seen near 55200 & 55700. Day traders are advised to sell around 55200 with SL 55700, for the target of 54400 & 53900.
Base Metal:
MCX Copper seems slightly negative for the day. Support expected around 423 & 420; intraday resistance can be seen near 428 & 431. Day traders are advised to sell around 428 with SL 431, for the target of 423 & 420.
MCX Lead seems slightly negative for the day. Support expected around 119.20 & 118.20; intraday resistance can be seen near 121.10 & 122.20. Day traders are advised to sell around 121.10 with SL 122.20 , for the target of 119.20 & 118.20
Energy :
MCX Natural Gas seems slightly positive for the day. Support expected around 194 & 191 intraday resistance can be seen near 199 & 202. Day traders are advised to buy around 194 with SL 191 for the target of 199 & 202.
MCX Crude oil seems slightly positive for the day. Support expected around 4940 & 4890; intraday resistance can be seen near 5000 & 5050. Day traders are advised to buy around 5000 with SL 5050, for the target of 4940 & 4890.
MCX GOLD Weekly Technical Trend
MCX GOLD, last week showed a negatively slope movement & gave a level of 30000 as well as foundd support around 29250. 29100 act as strong support were as below this 28750 found next support. 30000 will act as resistance for it.
STRATEGY
In MCX GOLD it is adviseable to buy above 30000 for the target of 30500-30700 with SL 29500.
MCX SILVER Weekly Technical Trend
MCX SILVER, last week showed a positive movement and found support level of 53000.If this movement continues it may found support around 51700. 55300 will act as resistance for it.
STRATEGY
IN MCX SILVER it is adviseable to sell below 53000 for the target of 51700 with SL 54500.
MCX CRUDE OIL Technical Trend
MCX CRUDE OIL, last week showed bear movements, which is a bearish indicator. If it stands below 5040 then it move towards 4970. 5140-5185 will act as resistance if any correction may test.
STRATEGY
In MCX CRUDE OIL, it is adviseable to sell below 5040 for the target of 5000-4975 with SL 5105.
MCX COPPER Technical Trend
MCX COPPER, it showed a bear movement. Support found around 417 crossing which 409 is considered to be as next support. Resistance can be seen around 432.
STRATEGY
In MCX COPPER, it is adviseable to sell below 421 with SL of 428 for the target of 415-410.
Bullion :
MCX Gold seems negative for the day. Support expected around 29540 & 29420; intraday resistance can be seen near 29740 & 29860. Day traders are advised to sell around 29740 with SL 29860, for the target of 29540 & 29420.
MCX Silver seems slightly negative for the day. Support expected around 54800 & 54200; intraday resistance can be seen near 55500 & 56000. Day traders are advised to sell around 55500 with SL 56000, for the target of 54800 & 54200.
Base Metal:
MCX Copper seems slightly negative for the day. Support expected around 425 & 422; intraday resistance can be seen near 428 & 431. Day traders are advised to sell around 428 with SL 431, for the target of 425 & 422.
MCX Lead seems slightly negative for the day. Support expected around 119.20 & 118.20; intraday resistance can be seen near 121.10 & 122.20. Day traders are advised to sell around 121.10 with SL 122.20 , for the target of 119.20 & 118.20
Energy :
MCX Natural Gas seems slightly negative for the day. Support expected around 189 & 186 intraday resistance can be seen near 194 & 197. Day traders are advised to sell around 194 with SL 197 for the target of 189 & 186.
MCX Crude oil seems slightly negative for the day. Support expected around 4920 & 4870; intraday resistance can be seen near 4980 & 5030. Day traders are advised to sell around 4980 with SL 5030, for the target of 4920 & 4870.
Bullion :
MCX Gold looking strong for the day. Support expected around 29527-29429 & 29358; intraday resistance can be seen near 29696-29767 & 29865.
MCX Silver looking strong for the day. Support expected around 54757-54575 & 54444; intraday resistance can be seen near 55070-55202 & 55383.
Energy :
MCX Natural Gas seems strong for the day. Support expected around 195.25-194.61 & 194.14; intraday resistance can be seen near 196.37-196.8 & 197.5
MCX Crude oil seems weak for the day. Support expected around 4958-4941 & 4929; intraday resistance can be seen near 4986-4998 & 5140.
Bullion :
MCX Gold seems negative for the day. Support expected around 29560 & 29450; intraday resistance can be seen near 29720 & 29840. Day traders are advised to sell around 29720 with SL 29840, for the target of 29560 & 29450.
MCX Silver seems negative for the day. Support expected around 54400 & 53900; intraday resistance can be seen near 54900 & 55400. Day traders are advised to sell around 54900 with SL 55400, for the target of 54400 & 53900.
Base Metal:
MCX Copper seems negative for the day. Support expected around 427 & 424; intraday resistance can be seen near 432 & 435. Day traders are advised to sell around 432 with SL 435, for the target of 427 & 424.
MCX Lead seems negative for the day. Support expected around 121.60 & 120.70; intraday resistance can be seen near 123.20 & 124.30. Day traders are advised to sell around 123.20 with SL 124.30,for the target of 121.60 & 120.70
Energy :
MCX Crude oil seems negative for the day. Support expected around 4940 & 4890; intraday resistance can be seen near 4990 & 5040. Day traders are advised to sell around 4940 with SL 5040, for the target of 4940 & 4890.
Bullion :
MCX Gold seems negative for the day. Support expected around 29480 & 29370; intraday resistance can be seen near 29640 & 29750. Day traders are advised to sell around 29640 with SL 29750, for the target of 29480 & 29370.
MCX Silver seems slightly negative for the day. Support expected around 52900 & 52400; intraday resistance can be seen near 53500 & 54100. Day traders are advised to sell around 53500 with SL 54100, for the target of 52900 & 52400.
Base Metal:
MCX Copper seems slightly negative for the day. Support expected around 430 & 427; intraday resistance can be seen near 434 & 437. Day traders are advised to sell around 434 with SL 437, for the target of 430 & 427.
MCX Lead seems slightly negative for the day. Support expected around 123.80 & 122.70; intraday resistance can be seen near 125.30 & 126.40. Day traders are advised to sell around 125.30 with SL 126.40 , for the target of 123.80 & 122.70
Energy :
MCX Natural Gas seems slightly positive for the day. Support expected around 188 & 185 intraday resistance can be seen near 193 & 196. Day traders are advised to buy around 188 with SL 185 for the target of 193 & 196.
MCX Crude oil seems slightly positive for the day. Support expected around 5040 & 4990; intraday resistance can be seen near 5090 & 5140. Day traders are advised to buy around 5040 with SL 4990, for the target of 5090 & 5140.
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