MCX NEWS LETTER 5-07-2016

MCX GOLD: Yesterday Gold Close at 31783.

Overall Gold trend is up , As long as Trade Above 31400 will Target of 3300.

Intraday Trading Levels for the Gold is

Supports:31600 31500 31400

Resistance:31960 32100 32250

Range Bound is 31950 to 31630. ( Go for buy on dip and sell on Rise in this range)

MCX SILVER: Yesterday silver closed at 47465.

Overall silver trend is up , As Long as trade above 45500 will target of 51000.

Intraday Trading Levels for the silver is

Supports:46600 45900 44700

Resistance:48300 49000 50100

Range Bound is 46650 to 48950. ( Go for buy on dip and sell on Rise in this range)

MCX CRUDE: Yesterday Closed at 3277 per barrel.

Overall trend of the Crude oil is sideways in the range of 3190 to 3370.

Intraday Trading Levels for the crude oil is

Supports:3250 3230 3210

Resistance:3300 3345 3370

Range Bound is 3295 to 3250 ( Go for buy on dip and sell on Rise in this range)

MCX COPPER: Yesterday Copper Close at 333.

Overall Trend of up technically But our view will be Bounce back Till 295 in cup coming days.

Intraday Trading Levels for the Copper:

Supports:    330 326 322                Resistance: 335 339 343

Range Bound is 330 to 335 ( Go for buy on dip and sell on Rise in this range)

 

MCX NEWS LETTERS 5-06-2013.Read Disclaimer @ www.mokshastocks.com Support@9705502137 WatsApp Support@9666845028

 

 

 

MCX NEWS LETTER 5-07-2016

Leave a Reply

Your email address will not be published. Required fields are marked *