MCX Silver is likely to trade with sideways to positive bias during today`s trading session. Support is at Rs.73000 - 72400 - Monarch Networth Capital
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/ac198d6ddde7dba19b78bc08aed4a403.jpg)
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 sideways to positive bias during today’s trading session. Support is at Rs.58900 - 58700 levels whereas resistance is at Rs.59400 - 59600 levels.
* MCX Silver is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.73000 - 72400 levels whereas resistance is at Rs.74200 - 74800 levels.
* MCX Crude Oil is likely to trade with positive bias during today’s trading session. Support is at Rs.6100 - 6000 levels whereas resistance is at Rs. 6320 - 6420 levels.
* MCX Copper is likely to trade with positive bias during today’s trading session. Support is at Rs.724 - 720 levels whereas resistance is at Rs.732 - 736 levels.
CHART OF THE DAYMCX-COPPER
(DAILY CHART)
Strategy: Intraday
* CRUDE OIL prices traded with positive bias during the last trading session; and prices are trading above upward trend line.
* For Intraday session immediate support is at 6050 -5950 level and resistance at 6250- 6350. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 6250 - 6350 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
![](https://portfolio.investmentguruindia.com/uploads/news/Southkorea14.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/piyushgoyal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Currency.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/moil57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/government57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jitendrasingh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Base Metals.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/aecd4f4a5e886b873aa68500d027acd0.jpg)
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/37392d8beada69274691070c852fffb1.jpg)
Aluminium trading range for the day is 206.1-210.6 - Kedia Advisory
![A slide to 5680-5730 levels is also a possibility if the price makes or break above the current resistance level - Enrich Financial Solution](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/07/a940806a817ba8d6354d327c8e9f439c.jpg)
![Copper, Natural Gas, Silver and Zinc Commodity Report Of 22/11/2021 - Enrich Financial Solution](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/11/82a3de0470609319d943a70070cdf620.jpg)
![The gold short-term trend turned moderately bearish, and the price can retest support at 61925/61750 levels - HDFC Securities](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)