• Facebook
  • Twitter

GOLD Mcx July : -
Existing sellng bias likely to continue to persist for the day, But we cannot guideline out the likelihood of an preliminary force towards 29530 area for a move reduced towards 29320/200 or even more. But crack above 29570 area could raise up costs towards 29670/730, which we least anticipate for the day.

SILVER Mcx Aug : -
Prices have been sailing in keep get away, which is likely to continue to persist towards 52500/52000 followed by 51700. Even in this tiresome perspective, surprising increase above 53800 area could obvious up our bearish perspective and discover level of resistance at 54100/54600 or even greater towards 55000.

COPPER Ncdex/Mcx/ Aug : -
As long as 422/423 area maintains support, anticipate a pullback towards 425.51 stages. If this area is breached a prospective focus on of 427 could be on cards. However, a drop past 422 could focus on 420/420.20.

NICKEL Mcx July : -
Costs could start a powerful pullback if continually business above 931 focusing on 937/943 stages. Otherwise, a pitfall originally towards 925 followed by 917 could be on cards.

LEAD Mcx July : -
Costs were in recovery function after it made a low of 102.30 stages on Wed, currently flying near 102 stages. These days, We predict to see a recovery, if prices crack above 102.10 stages and trying to see a focus on of 103 followed by 103.20 stages in the immediate run. But retaining above 103.20 is complicated as a result of the use of firm level of resistance is placed at that level. On the lower side, crack of 101 stages may induce a clean promoting pressure.

ZINC Mcx July : -
As we predicted last night, short protecting move was on advance. For the everyday period, we anticipate to see the same pattern to proceed until it gets to the 45 day EMA level of resistance of 103 stages. However, incapable to exceed above 104.1 may opposite the existing benefit strength and see costs to turn reduced towards 102.3 followed by 101.20 stages, which is less predicted for the day.

Leave a Reply