12:03 AM
Analyst
Continuing weakness in the rupee has got the commodity market support. In red we see is seeing a rise in base metals, Precious metals now.
With a gain of 0.3 % MCX copper is trading at Rs 466 Aluminum 0.2 % and 0.3 percent MCX nickel and zinc has gained 0.3 percent. Although lead has weakened 0.1 percent in previous moment for today.
MCX Gold silver are going also positive direction now, but both precious metals like gold silver are trading Green zone.
MCX Gold Perfect Levels:-
Watch 30544 level for trade today, If 30544 break then price go up and try to break 30694 level if that level break then we can see 30800 to 30928 in up move watch 30965 level . If that level break then more up side we can see like 31000 to 31150 & more.
If 30694 not break then price go down and try to break 30374 level so watch that level if break then price go down and try to break 30105 level if that level break then more dips we can see like 30000 to 29850.
MCX Silver Technical Levels:-
Watch 50850 & 51750 level for trade, If 50850 not break then price go up and try to break 51750 level so watch and trade 51750 break then price go for 52165 level if that one break then price go for 52592 level so watch that level if break then chance to see 53000 level break.
If 51750 not break and 50850 level break then price go down for 50550 and after this go for 49956 level if that one break then more dips we can see like 49600 49500 & 49434.
Gold Silver Calls:-
Gold: Inytraday trader can buy MCX Gold at around 30350 with in oct future contract targets 30450.
Silver: Silver Trader can buy Silver when its come down at RS 51000 and targets 51300.
Attention : Eye on news, two comes and one is left So it's RBI news that effective.
With a gain of 0.3 % MCX copper is trading at Rs 466 Aluminum 0.2 % and 0.3 percent MCX nickel and zinc has gained 0.3 percent. Although lead has weakened 0.1 percent in previous moment for today.
MCX Gold silver are going also positive direction now, but both precious metals like gold silver are trading Green zone.
MCX Gold Perfect Levels:-
Watch 30544 level for trade today, If 30544 break then price go up and try to break 30694 level if that level break then we can see 30800 to 30928 in up move watch 30965 level . If that level break then more up side we can see like 31000 to 31150 & more.
If 30694 not break then price go down and try to break 30374 level so watch that level if break then price go down and try to break 30105 level if that level break then more dips we can see like 30000 to 29850.
MCX Silver Technical Levels:-
Watch 50850 & 51750 level for trade, If 50850 not break then price go up and try to break 51750 level so watch and trade 51750 break then price go for 52165 level if that one break then price go for 52592 level so watch that level if break then chance to see 53000 level break.
If 51750 not break and 50850 level break then price go down for 50550 and after this go for 49956 level if that one break then more dips we can see like 49600 49500 & 49434.
Gold Silver Calls:-
Gold: Inytraday trader can buy MCX Gold at around 30350 with in oct future contract targets 30450.
Silver: Silver Trader can buy Silver when its come down at RS 51000 and targets 51300.
Attention : Eye on news, two comes and one is left So it's RBI news that effective.
