Today on fresh start domestic gold open in positive node,
but movement is sluggish on future delivery. Gold for June is open at 26745 against
its previous close at 26722, whereas on intraday it touch a high of 26777 with
a low of 26738. On intraday trade gold is expecting to trade with a resistance of
26991, 27150 and a support level of 26500, 264100.
For intraday trader
Buy gold (June) above 26750 tgt 26800, 26850, 26900………stoploss 26600
White metal on MCX for July delivery focuses to again gain a
past movement on domestic market, today MCX silver open bit positive at 44882 it
last close is Rs 44861. Today on early trade silver price touches a high of 44985
and low of 44865. For today trade silver
price are expecting for move on but movement is bearish for medium long term. On
today trading silver are expecting to trade sluggish with positive node.
Buy silver (july) above 44900 tgt 45000, 45100, 45250 ……….stoploss
44550
Today crude oil on intraday market is showing a low movement
from its opening price. Crude for May delivery open at 5177 and seems bearish
for day trading.
Sell crude oil (may) below 5170 tgt 5160, 5150…. Stoploss 5190
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