MCX Gold trades flat on Saturday and gives steady look.
Gold prices are having profit of 29 pts and trading in 26723.
Gold price are
expected to trade positive prices are expected to test 26900 26950 on higher
end. One can buy around 26750 - 26700 maintaining a stop loss below 26500.
MCX Silver is also bullish and flat. Silver trading price
is 40354 with 22 pts today. Silver
prices are holding 39800 as support one can buy the white metal maintaining a
stop below 39800. Prices are expected to test 41000 -41250 on higher end.
Copper price are expected to trade sideways from 411
to 421 for trading one can buy with a stop loss below 411.
Nickel prices are expected to trade within the range
from 820 to 845 for the day. One can trade within the range with a negative
bias and sell on rise around 840 -843 with a stop loss above 849.
Lead prices are expected to trade sideways from 120
to 123.50 for trading one can buy around 121.00 with a stop below 120.
Crude Oil is trading in high and having profit of 24
pts and trading in 6433 Rs while Natural Gas Price is low and bearish and
trading in 224.40 with a low of 1.30 pts.
Crude oil prices are expected to witness buying to
continue one can buy on dips at 6420 with a stop loss below 6370 price are
expected to test 6520.
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