MCX Free Tips | Stock Futures Services | MCX Technical Analysis | TradeIndia Research

MCX Gold Apr

MCX Gold price has given a breakout of its Cup & Handle pattern at 28870 levels on the 4 hourly chart. MCX Free Tips For now, we expect prices should move higher towards 29550 levels in the coming trading sessions.

MCX Silver Mar

On the 4 hourly chart, MCX Silver price has given a breakout of its inverted Head & Shoulder neckline at 41980 levels. For now, we expect prices to move higher towards 43500 levels in few trading sessions.

MCX Copper Feb.

MCX Copper prices has been trading in horizontal channel pattern and price has faced the resistance of its upper band of channel pattern at 410 levels on the hourly chart. For now, we expect prices to move lower towards 400 levels in coming trading sessions.

MCX Crude Oil Feb.

MCX Crude Oil price has given a breakdown of its rising trend line at 3590 levels and price has retested its breakdown trend line at 3620 levels. For now, we expect prices to move lower towards 3500 levels in coming trading sessions.

Stock Futures Services BUY HINDPETRO FUTURE 

ABOVE 573.00 

Target1- 675.00 

Target2- 678.00 

StopLoss- 669.75.

MCX Gold, Silver, Crude Trading Sessions

MCX Gold

Gold fell as the dollar rose and investors sold on expectations of stronger global economic growth and higher U.S. interest rates.

Gold trading range for the day is 26934-27292. MCX Free Tips: For now we expect prices should move higher towards 27520 levels in the coming trading sessions.

MCX Silver

Silver prices dropped as a leading dollar index revived its move to fresh 14-year highs.

Silver trading range for the day is 38329-40107.

For now we expect prices to move lower towards 38000 levels in few trading sessions.

MCX Crude Oil

Crude oil gained on expectations of a U.S. crude inventory draw, although trading activity was muted as markets start to wind down ahead of the Christmas.

Crudeoil trading range for the day is 3564-3710.

For now we expect prices to move higher towards 3730 levels in coming trading sessions.

MCX Copper

Copper gained as prices recovers on short covering after prices dropped in slumped to the lowest in four weeks after stockpiles climbed in London.

Copper trading range for the day is 371.4-381.2.

For now we expect prices to move lower towards 368 levels in coming trading sessions.

Stock Future Calls: BUY VEDL FUTURE

ABOVE 227.20

TG1-228.05

TG2-228.90

SL-225.95