Gold- MCX Gold may witness choppy 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.29400.
MCX Free Tips INTERNATIONAL MARKET UPDATE
- GOLD $ 1234.55(-1.45),
- SILVER $ 17.712(-0.044),
- COPPER 2.665(+0.028),
- CRUDE OIL $ 51.60(-0.57),
- IR 67.3400(-0.0800).
Silver- MCX Silver may note mixed trade in line with
international prices but buying could be considered at lower levels. Support
for MCX Silver March contract is seen at Rs.42000 while Resistance is seen at
Rs.42800.
Copper- MCX Copper may trade with a positive bias
tracking cues from international exchange. Support for MCX Copper February
contract is seen at Rs.390 while resistance is seen at Rs.400.
Zinc- MCX Zinc may witness volatile movement today
tracking cues from international exchange. Support for MCX Zinc February
contract is seen at Rs.186.5 while Resistance is seen at Rs.190.5.
Crude Oil- MCX Crude may note some decline tracking cues
from international exchange. Support for MCX Crude February contract is seen at
Rs.3450 while Resistance is seen at Rs.3530.
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