MCX Gold is likely to trade with positive bias during today’s trading session. Support is at Rs.47600 - 47400 levels - Monarch Networth Capital
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.47600 - 47400 levels whereas resistance is at Rs.48100- 48300 levels.
* MCX Silver is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.60800 - 60400 levels whereas resistance is at Rs.62000 - 62400 levels.
* MCX Crude Oil is likely to trade with positive bias during today’s trading session. Support is at Rs.6480 - 6430 levels whereas resistance is at Rs. 6650 - 6700 levels.
* MCX Copper Feb is likely to trade with positive bias during today’s trading session. Support is at Rs.739 - 735 levels whereas resistance is at Rs.757 - 761 levels.
CHART OF THE DAY
Strategy: Intraday
* CRUDE OIL prices traded with positive bias during the last trading session and it was trading above downward slopping trend line.
* For Intraday session immediate support is at 6480 - 6430 level and resistance at 6650 - 6700. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 6650– 6700 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
Tag News
The GBP/INR futures pair has support at 103.60 levels whereas resistance is placed at 104.00...
