BULLIONS, BASEMETALS & ENERGY LEVELS UPDATED

Gold

Yesterday, we recommended buying in Gold above 26100 with stop loss of 25900. Just made a high of 27518. In Morning too recommended buying above 26406 mark with tiny SL of 26368

Now what to expect???

Still looks positive and could test 26580—26650. Further upside rally seen only close above 26650 mark else it could test its support level of 26370 again

 

Silver

We maintained stop loss in sell call of Silver of 35050. Too recommended on blog too. It flared and made a high of 36085

Now what to expect???

Support at 35500 and Resistance at 36300—36600

 

(Read Full Levels update on  www.indianmarketview.com )

 

Crude oil

In our report we recommended selling in Crude oil around 2780—2820 with stop loss of 2930. It crashed vertically and made a low of 2637. Our target and support was 2640

 

 

Natural Gas

Support at 176 and Resistance at 185—193

Two consecutive closes below 176 will take to 168—163 and then to 155 mark in days to come else it could test its resistance level of 185 and then to 189—193 again

 

(Read Full Levels update on  www.indianmarketview.com )

 

Copper

Still looks positive and any sharp panic will be buying opportunity in Copper… Stop intact of 326

 

Nickel

Support at 670 and Resistance at 700

Two consecutive closes below 670 will see free fall in Nickel till 645—630 else it could test its resistance level of 700 again

(Read Full Levels update on  www.indianmarketview.com )

Lead

 

Not able to breach its support level of 108.80 and bounced back again. We told to revise stop loss of 111.70

 

Zinc

Not able to breach its support level 115 and bounced back sharply. We revised stop loss of 117

Now what to expect???

 

Aluminium

Support at 99.50 and Resistance at 101.50

Two consecutive closes + weekly close above 101.50 will take to 104—105.50+ mark in days to come….

(Read Full Levels update on  www.indianmarketview.com )

 

This levels update is part of our daily detailed levels update of MCX. Kindlt read all levels on our site before executing any trade.

www.indianmarketview.com

Call: +91-8130430690

 

 

 

 

 

Post Comment