MCX Market Fundamental Analysis Report

mcxsd

Support for MCX GOLD APR. Delivery is seen at support 29400 and 29240 levels while resistance is seen 29830 and 29970 levels.

Support for MCX SILVER MAY. Delivery is seen at support 37230 and 36770 levels while resistance is seen 37950 and 38260 levels.

Intraday strategy for MCX BASE METAL is given below
Support for MCX COPPER APR. Delivery is seen at support 335 and 332 levels while resistance is seen 344 and 347 levels.

Intraday strategy for MCX ENERGY is given below
Support for MCX CRUDE MARCH. Delivery is seen at support 2490 and 2450 levels while resistance is seen 2580 and 2620 levels.

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mcxji

Crude on its daily chart closed above its important resistance level of 2500, now if it maintain above it then next resistance level is seen around 2700.

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