Today MCX market starts with a sloppy and negative movement.
Most commodities are open in negative side especially base metal trade in
bearish side. Gold open on red side but some positive movement expected form
that in afternoon. In intraday yellow metal is lost its momentum compare to
previous week. While silver is on green side and some high movement is expected
form that on intraday. Silver is moving with strong support of 53900 with a
resistance level of 55650.
<<<<FOR FREE TRIAL FILL FORM>>>
Buy gold above 29600 tgt 29640, 29680, 29750………..sl 29450
Buy silver above
54860 tgt 54960, 55060, 55160……….sl 54560
Today crude oil open on green side and its movement is
looking bullish for intraday. Crude oil on MCX is moving with a strong support
level of 4940 and a resistance level of 5060.
Buy crude oil above 5000 tgt 5010,5020 , 5040…………sl 4960
Today on MCX mentha oil is on negative side and high negative
movement is expected form that on intraday trading. Today it opens at 1245.30
and touches an intraday low of 1236.80.
Sell mentha oil below
1242 tgt 1235, 1230, 1225…………sl 1259
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