Monday, July 15, 2013

Monday 15 July MCX gold silver support and resistance|| online MCX tips for today

On Monday morning Gold silver price take a edge higher against its last close, on early opening position bullion open with a green flag. MCX gold for future delivery open at 26794 against its previous close is Rs 26743. Sharp increments is seen on intraday trading and touch a high of 26925, meanwhile similar trend is also seen on white metal which touch a morning high of 41962 after open at 41536 for future active delivery.  On intraday trading bullion is expected to trade in bullish on morning session at MCX. Currently at MCX time is good to trade in bullion for future long term.

Gold support and resistance

S1: 26500, S2: 26410

R1: 27130, R2: 27250

MCX Copper and crude oil is also showing a mild correction on opening day of week, today crude oil for future delivery open at 6358, on MCX a low weak movement is expected on intraday trading. However, for morning session crude oil is weak and low and expected dot be bearish for today session.

MCX Copper for August delivery open at 420.20 meanwhile a low demand refuses the level and expected to be bearish on intraday trade.

SELL CRUDE OIL JULY BELOW 6360 TGT 6340, 6320, 6300   STOPLOSS 6425

SELL COPPER AUGUST BELOW 420 TGT 418, 415, 412  STOPLOSS 427

SELL SILVER SEPTEMBER 41800 TGT 41700, 41600, 41400 STOPLOSS 42200

SELL MENTHA OIL JULY BELOW  940 tgt 935, 930, 925   stoploss   955

Source: www.mcxncdexcalls.in

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