MCX Gold is likely to trade with positive bias during today`s trading session - Monarch Networth Capital Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
COMMODITY TECHNICAL OUTLOOK
* MCX Gold is likely to trade with positive bias during today’s trading session. Support is at Rs.60200 - 59900 levels whereas resistance is at Rs.60600 - 60900 levels.
* MCX Silver is likely to trade with positive bias during today’s trading session. Support is at Rs.74500 - 74000 levels whereas resistance is at Rs.75500 - 76000 levels.
* MCX Crude Oil is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.6580 - 6480 levels whereas resistance is at Rs. 6780 - 6880 levels.
* MCX Copper is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.769 - 764 levels whereas resistance is at Rs.779 - 784 levels.
CHART OF THE DAY
MCX-SILVER (DAILY CHART)
Strategy: Intraday
* SILVER prices traded with a positive bias during the last trading session; and prices are trading above upward trend line.
* For Intraday session immediate support is at 74500 - 74000 level and resistance at 75500 - 76000. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 75500 - 76000 levels on higher side.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.mnclgroup.com/disclaimer
SEBI Registration Number : INZ000043833
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
