MCX commodity market tips and updates:-Today MCX NCDEX Commodity market open its trading session at negative note.yesterday it has some raise on Monday.
MCX Crude Oil Updates:-Crude prices are expected to test 5350 -5370 on higher end, one can buy on dips around 5315 with a stop loss below 5270.oscillators are heading up.
Trading Levels:-Crude Oil has support at 5250 5280 5310 and resistance at 5340 5375 5410.
Cude Oil Tips:-Buy Around 5305, stop loss of 5265, target of 5345 / 5370.
MCX Nickel Updates:-Nickel prices breached the support and witnessed selling pressure, one can sell the metal around 928 – 930 with a stop loss above 945.
Trading levels:-Nickel has support at 890 905 915 resistance at 928 937 949.
nickel tips Today:-Sell Around 925 / 923, Stop loss 937, target of 910 / 903.
MCX Copper Tips Today:-Sell around 417 target 414 – 410.50 once cross above 418.50 then exit shorts and go long with stop loss below 414 for the target of 421.30 and 424.50.buy around 410.50 target 413.50 – 417 once break below 409 then exit longs and go short with stop loss above 413.50 for the target of 406.10 and 403
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