Today commodity market open on the positive side but after a
early fresh start bullion goes down in red side. MCX gold for April open in good side and
touch an intraday high of 29450, buy low volume forced it to turn direction. Gold
is looking on bearish side movement is not very affective but some positive movement
hoped near 5 pm.
buy gold above 29370 tgt 29400, 29450...........sl 29290
Buy silver above 54800 tgt 54850, 54900, 55000……sl 54600
Today Base metals on MCX starts with negative node and
continue this direction. MCX nickels for 28 March delivery are showing bearish movement,
MCX nickel prices touch an intraday low of 902. No positive movement is expected
from nickel for today trading session. Copper prices are volatile today it showing a
mixed reaction on MCX , MCX copper touch an intraday high of 426.60 with low of
421.85.
intraday tips
Sell nickel below 903
tgt 901, 899, 895……sl 991
Sell copper below 422.50 tgt 421.50,420.50, 420……………sl 425
Sell zinc below 105.50
tgt 105, 104.50, 103.50………sl 107.50
Buy natural gas above 198.50 tgt 199.50, 200.50………..sl
196.50
Buy mentha oil above 1240
tgt 1245, 1250, 1255…………sl 1225
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