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MCX Silver is likely to trade with sideways to negative bias during today`s trading session - Monarch Networth Capital
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COMMODITY TECHNICAL OUTLOOK
* MCX Gold is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.71300 - 71000 levels whereas resistance is at Rs.71900 - 72200 levels.
* MCX Silver is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.86000 - 85000 levels whereas resistance is at Rs.88000 - 89000 levels.
* MCX Crude Oil is likely to trade with positive bias during today’s trading session. Support is at Rs. 6700 - 6600 levels whereas resistance is at Rs. 6900 - 7000 levels.
* MCX Copper is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.828 – 823 levels whereas resistance is at Rs.840 - 845 levels.
CHART OF THE DAY
MCX-CRUDE OIL (DAILY CHART)
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