Today precious metal on MCX is showing bearish trend form morning. Mcx gold price are following with a red sign and from its opening price it continue falling, no correction is expected in gold today. Gold price are bounding in a range with a sloppy movement. While MCX silver are open in down side but some correction had seen in it in early trade, but most time it spend of negative side. Today silver showing bearish movement in first two sessions and some positive movement will see in evening.
Buy gold (5 apr)above 29830 tgt 29860, 29900, 29930…………sl 29730
Buy silver(4 may) above 54650 tgt 54700, 54750, 54850……………..sl 54250
Today MCX metal are bit positive from yesterday, on early opening trade copper prices are open at 413.60 and touches an intraday high of 416.55. Mcx nickels are showing all color for 28 marches, today it open at 905.90 and it touches an intraday high of 910.70 with a low of 901.30. MCX lead, zinc and aluminum are also showing a mixed reaction and hope to go higher in last session of trading.
Buy copper(30 apr) above 416 tgt 417, 418, 420…………sl 412
Buy nickel (28 march) above 909.50 tgt 910.50, 912.50, 914.50…….sl 903.50
TO GET A FREE TRIAL FILL FORM..
After a long time some high depreciation are watching on mentha oil form morning it open at 1134 and it touches an intraday low of 1118.10. it is advice to sell mentha oil for intraday and hold a position for long term.
Sell mentha oil below 1122 tgt 1120, 1118, 1115---……..sl 1135
Today m cotton is more positive on Mcx and expected to crosses the level of 19000. Today it opens at 18890 and touches an intraday high of 18990 with a low of 18830. This year cotton is looking much stronger and volatile on Mcx.
Buy cotton above 18950 tgt 18970, 18990, 19000………..sl 18900
Buy crude oil above 5090 tgt 5100, 5110, 5120………………..sl 5060
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