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Wednesday 15 February 2017

MCX Free Tips |Commodity Outlook | TradeIndia Research

Gold- MCX Gold may note some gains tracking cues from international exchange but sell on rise is recommended. MCX Free Tips Support for MCX Gold April contract is seen at Rs.28800 while Resistance is seen at Rs.29150.

Silver- MCX Silver may note some gains tracking cues from international exchange but upside is limited. Support for MCX Silver March contract is seen at Rs.42100 while Resistance is seen at Rs.42850.


Copper- MCX Copper may note some gains tracking cues from international exchange. Support for MCX Copper February contract is seen at Rs.398 while resistance is seen at Rs.412.

Crude Oil- MCX Crude may note some decline tracking cues from international exchange. Support for MCX Crude February contract is seen at Rs.3510 while Resistance is seen at Rs.3590.

INTERNATIONAL MARKET UPDATE
GOLD $ 1227.15(+1.75),
SILVER $ 17.918(+0.029),
COPPER 2.750(+0.004),
CRUDE OIL $ 52.85(-0.35),
IR 66.9000(-0.0150).

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