Today the MCX shows negative trend for bullish commodity cotton also seen in negative side ,base metal shown in positive side for short term silver has fallen by 377 points in early trade of MCX .its previous close was 45168 but today it open with a down move of 137 points so you can trade with a support level of 44627 and a resistant level of 45210
NATURAL GAS : MCX natural gas May futures is trading negative and on the lower side prices have the potential touch 214 and 210 levels now it trade on positive side and have a good expectation in future .
BASE METAL : all base metal seen in bullish side for short term now you can say that it still in positive side for future contract ,the June delivery of copper trade on 398.15 / kg but August contract may trade on 402.05 with the gain of 1.2 points ..it supported at 392.2 and resisted at 401.5.
Expected commodity outlook
SPOT SILVER ON SIDEWAYS TO BULLISH
SPOT GOLD SIDEWAYS TO BULLISH
COPPER SIDEWAYS TO BULLISH FOR SHORT TERM
CRUDE OIL ON BEARISH SIDE
NATURAL GAS SHOWS SIDEWAYS POSITION
YOU GOT EXCITING OFFERS ON MCX COMMODITY TIPS
NATURAL GAS : MCX natural gas May futures is trading negative and on the lower side prices have the potential touch 214 and 210 levels now it trade on positive side and have a good expectation in future .
BASE METAL : all base metal seen in bullish side for short term now you can say that it still in positive side for future contract ,the June delivery of copper trade on 398.15 / kg but August contract may trade on 402.05 with the gain of 1.2 points ..it supported at 392.2 and resisted at 401.5.
Expected commodity outlook
SPOT SILVER ON SIDEWAYS TO BULLISH
SPOT GOLD SIDEWAYS TO BULLISH
COPPER SIDEWAYS TO BULLISH FOR SHORT TERM
CRUDE OIL ON BEARISH SIDE
NATURAL GAS SHOWS SIDEWAYS POSITION
YOU GOT EXCITING OFFERS ON MCX COMMODITY TIPS
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