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2024-08-28 08:57:36 am | Source: Monarch Networth Capital Ltd
MCX Copper is likely to trade with sideways to positive bias during today`s trading session - Monarch Networth Capital Ltd

COMMODITY TECHNICAL OUTLOOK

* MCX Gold is likely to trade with positive bias during today’s trading session. Support is at Rs.71800 - 71500 levels whereas resistance is at Rs.72400 – 72700 levels.

* MCX Silver is likely to trade with positive bias during today’s trading session. Support is at Rs.87300 - 86300 levels whereas resistance is at Rs.89300 - 90300 levels.

* MCX Crude Oil is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs. 6280 - 6200 levels whereas resistance is at Rs. 6430 - 6510 levels.

* MCX Copper is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.813 – 807 levels whereas resistance is at Rs.824 - 830 levels.

CHART OF THE DAY

MCX-GOLD (DAILY CHART)

 

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