Here
we talking about Commodity MCX Market, then we can see the changes in commodity
market, Gold and silver both metals are stands with optimistic points. Gold
opens with 26481 points and its previous closed with 26411 points, and silver
opens with 43381 points and its yesterday closed with 43262 points. Our
prediction for gold is, as soon as possible it is going down side.
And
if see the movement of Crude oil and Natural gas, then we can see both commodity
moves down side, now a days graph of crude oil and natural gas are face
fluctuation movement and currently performance of crude oil and Natural gas
looking down side with negative less points.
Other
side, base metals movements is looking bullish side today and maximum metals
opens with positive incremented points. Copper opens with 411 points and recently
looking at positive path but copper prices fluctuate and may be goes down side and
has good support and resistance levels:
Support:
408.1, 407.1
Resistance:
415.3, 416.4
Intraday
Calls:
SELL
Silver below 43250 Target 43230, 43200, 43180 Stop Loss 43300
BUY
Cotton above 18190, Target 18200, 18210, 18230 Stop Loss 18150
Barley, Castor Seed, Chana maximum commodities in National commodity derivative exchange is looking at bearish side and traded at negative side and if we see overall performance of ncdex commodities then we will see maximum commodity looking at down negative trade side.
2 comments:
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Buy nickel above 835 tgt 838, 841, 845…………..sl 825
Buy copper above 411 tgt 412, 413, 415………sl 407
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