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| 3mteam Today MCX Market :-Gold prices are consolidalting at continue, we may consider resistance 25850-25900 range and support at 25500 |
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Gold - Close eye support range 1075-1080 range
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SILVER Higher level some selling pressure but we near to major support zone 33000-33200, till hold this level buy ondip strategy.
On a Global front, Silver trading below $14 , and remain below prices likely test 13.40 and 13 in coming days, Higher level significant resistance observed at 14.50 and 14.80. Real move only above once closed above 15.10 mark.
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CRUDE Pull back from lower level, consider resistance 2200 and support 2093 today trade.
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NATURAL GAS As we are bearish from the level of 159 and yesterday being a inventory day and made a low of 145 of our target. Over all trend is down, consider resistance at 155-160, last and final support 140, thereafter it will test again 2015 low which is placed at 114. Time to avoid any trade.
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COPPER Corrective rally due to short covering. Today support 295-291, resistance 300-305 watch out. Holding yesterday low 291, please do not open short.
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NICKEL From the level of 540 to 580 sharp recovery. Trend reversal as mentioned 568 above and closed 580 mark
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ALUMINIUM Reversal from the level of 97.50, As remain below 102-104 no respite in this counter.
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ZINC Resistance 102…………wide range 93 to 108 watch out
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LEAD Pull back from the level of 108.. as long as hold short term up side.
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DELTA FUTURE: BUY RELIANCE INFRA FUTURE ABOVE 547 TG 549, 552, 556 SL 544,
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