MCX Silver is likely to trade with positive bias during today - Monarch Networth Capital
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
COMMODITY TECHNICAL OUTLOOK
* MCX Gold is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.49200 - 49000 levels whereas resistance is at Rs.49600 - 49800 levels.
* MCX Silver is likely to trade with positive bias during today’s trading session. Support is at Rs.56300 - 56000 levels whereas resistance is at Rs.57000 - 57300 levels.
* MCX Crude Oil is likely to trade with negative bias during today’s trading session. Support is at Rs.6730 - 6650 levels whereas resistance is at Rs. 6890 - 6680 levels.
* MCX Copper is likely to trade with positive bias during today’s trading session. Support is at Rs.646 - 641 levels whereas resistance is at Rs.657 - 662 levels.
Strategy: Intraday
* COPPER prices traded with positive bias during the last trading session; and prices are trading above upward slopping trend line.
* For Intraday session immediate support is at 646 - 641 level and resistance at 657 - 662. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 657 - 662 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
