Gold- MCX Gold may note mixed trade in line with
international market but bias may be on upside. Support for MCX Gold April
contract is seen at Rs.29150 while Resistance is seen at Rs.29450.
MCX Free Tips INTERNATIONAL MARKET UPDATE
- GOLD $ 1243.15(+3.65),
- SILVER $ 17.793(-0.088),
- COPPER 2.673(+0.008),
- CRUDE OIL $ 52.58(+0.24),
- IR 67.0000(-0.1900).
Silver- MCX Silver may note choppy trade tracking cues
from international exchange but buying could be considered at lower levels. Support
for MCX Silver March contract is seen at Rs.41900 while Resistance is seen at
Rs.42700.
Copper- MCX Copper trades modestly lower tracking cues
from international exchange however the downside remains capped. Support for
MCX Copper February contract is seen at Rs.391.5 while resistance is seen at
Rs.398.5.
Crude Oil- MCX Crude may note some gains tracking cues from
international exchange but upside is limited. Support for MCX Crude February
contract is seen at Rs.3465 while Resistance is seen at Rs.3570.
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