MCX Silver is likely to trade with sideways to negative bias during today`s trading session - Monarch Networth Capital
![](https://portfolio.investmentguruindia.com/uploads/news/Monarch Networth Capital.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 negative bias during today’s trading session. Support is at Rs.61900 - 61600 levels whereas resistance is at Rs.62400 - 62700 levels.
* MCX Silver is likely to trade with sideways to negative bias during today’s trading session. Support is at Rs.71500 - 71000 levels whereas resistance is at Rs.72600 - 73100 levels.
* MCX Crude Oil is likely to trade with positive bias during today’s trading session. Support is at Rs. 5900 - 5800 levels whereas resistance is at Rs. 6100 - 6200 levels.
* MCX Copper is likely to trade with sideway to positive bias during today’s trading session. Support is at Rs.710 – 706 levels whereas resistance is at Rs.719 - 723 levels.
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 5900 - 5800 level and resistance at 6100 - 6200. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 6100 - 6200 levels on higher side.
Please refer disclaimer at https://www.mnclgroup.com/disclaimer
SEBI Registration Number : INZ000043833
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)