MCX cotton continue it show with a mixed frequency for a 29 March delivery. On Tuesday morning MCX cotton prices start from a downside and open at 18440 in commodity market. Today MCX cotton touches an intraday high of 18590 and in deep it touches a low of 18430.
Sell cotton below 18500 tgt 18480, 18450, 18400……………….sl 18600
On intraday nickel for March delivery are showing bearish trend and showing a red sign since morning. Today it open at 915.90 and form that position it continue falling, movement is not very high but it touch a low of 911.20.
Sell nickel below 911.50 tgt 910.50, 909.50, 907…………….sl 915
MCX copper moving on red side and a bearish trend, today on commodity trading it open at 425.55 with a positive trend but due to low volume it fall to continue to movement.
Sell copper below 424 tgt 423, 422, 420……………sl 428
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On MCX gold prices for April contract trading positive low, open interested is also in negative side. Early morning MCX gold touches a high of 29390 with a low of 29322. Today movement is very week on gold and bearish may be expected in the evening.
Sell gold below 29350 tgt 29320, 29290, 29250…………………sl 29450
Today MCX silver is on good side and some unexpected change may be happen near 4 pm. MCX silver today touches a high of 54780 with a low of 54600.
Buy silver above 54650 tgt 54700, 54800, 54850……………sl 54450
Today MCX commodity calls
Buy crude oil above 5000 tgt 5010, 5020, 5030………….sl 4970
Sell mentha oil below 1218 tgt 1215, 1210, 1205…………..sl 1231
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