Silver prices traded with positive bias during the last trading session - 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 sideways to positive bias during today’s trading session. Support is at Rs.52500 - 52300 levels whereas resistance is at Rs.52900 - 53100 levels.
* MCX Silver is likely to trade with positive bias during today’s trading session. Support is at Rs.61500 - 61100 levels whereas resistance is at Rs.62400 - 62800 levels
* MCX Crude Oil is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.6340 - 6250 levels whereas resistance is at Rs. 6500 - 6580 levels.
* MCX Copper is likely to trade with positive bias during today’s trading session. Support is at Rs.673 - 669 levels whereas resistance is at Rs.682 - 686 levels.
CHART OF THE DAY
Strategy: Intraday
* SILVER prices traded with positive bias during the last trading session; and prices are trading above upward support trend line.
* For Intraday session immediate support is at 61500 – 61100 level and resistance at 62400 - 62800. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 62400 – 62800 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
