GOLD MCX DAILY CANDLESTICK CHART
GOLD MCX technically is trading near to resistance levels. RSI on daily Charts looks overbought. Sell on Rise startegy is recommended till it breaks Trendline Resistance.
Immedaite Resistance @29280 and Support @28040
1. Sell GOLD MCX Below 27700 TGT 27600/27500 SL 27800
2. Buy GOLD MCX Above 28800 TGT 29000/29200 SL 28600
SILVER MCX DAILY CANDLESTICK CHART
SILVER MCX looks weaker as compaired with GOLD and Also trading near to support levels, RSI looks overbought and if Trades below support levels Sell will be Recomm
Immediate Resistance @43000 and Support @40600
1. Sell SILVER MCX BeLow 40600 TGT 40300/40000 SL 40900
2. Buy SILVER MCX above 42500 TGT 42700/43000 SL 42300
COPPER MCX DAILY CANDLESTICK CHART
COPPER MCX is trading in uptrend and may stiff resistance around 434 levels. RSI looks overbought and some correction is expected but If sustians below 426 can head
towards 419. Immediate Resistance @434 and Support @426
1. Sell COPPER MCX Below 426 TGT 423/419 SL 429
2. Buy COPPER MCX Above 432 TGT 436/440 SL 428
CRUDEOIL MCX DAILY CANDLESTICK CHART
CRUDEOIL MCX last week has a strong bull run and can touch higher levels this week also. Any correction towards support levels can be buying opportunity.
Immediate Resistance @6630 And Support @6415
1. Buy CRUDEOIL MCX above 6550 TGT 6600/6650 SL 6500
2. Sell CRUDEOIL MCX below 6390 TGT 6300/6250 SL 6450
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