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2024-07-18 08:46:03 am | Source: Monarch Networth Capital
MCX Silver is likely to trade with sideways to negative bias during today`s trading session - Monarch Networth Capital

COMMODITY TECHNICAL OUTLOOK

* MCX Gold is likely to trade with sideways to positive bias during today’s trading session. Support is at Rs.73800 - 73500 levels whereas resistance is at Rs.74400 - 74700 levels.

* MCX Silver is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.91000 - 90000 levels whereas resistance is at Rs.93000 - 94000 levels.

* MCX Crude Oil is likely to trade with positive bias during today’s trading session. Support is at Rs. 6820 - 6720 levels whereas resistance is at Rs. 7020 - 7120 levels.

* MCX Copper is likely to trade with negative bias during today’s trading session. Support is at Rs.834 – 828 levels whereas resistance is at Rs.845 - 851 levels.

CHART OF THE DAY

MCX-COPPER (DAILY CHART)

 

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