Commodity On Bearish Trend| Copper Gold Silver Updates

Bullion Tips For today 24 september,free gold dislver tips,commodity trading updates,ncdex agri tips,chana trend today

On the Monday morning commodity market open at negative bias as both commodity segement have red point opening. 

Copper Updates Today :- MCX Copper opened down by Rs. 2.5 per kg, at Rs. 442 per kg. Copper supports for the contract are at Rs. 440 and Rs. 438 per kg. Resistance for the contract are at Rs. 444 and 446 per kg. 

MCX Gold Updates :- Gold prices witnessed a sell off after breaking the range below 31750 and closed at 31506. We expect a bounce back till 31650 to 31720 whereby prices are expected to witness selling pressure. With appreciation in INR we expect prices to test 31200 -31100 on lower end. Support - 31200 31330 31450 Resistance - 31630 31720 31800. 

MCX Silver Updates :- Silver prices are expected to open gap down, we expected prices to test 62000 -61800 on lower end. For intraday if holds 62000 -61800 one can buy with a strict stop loss below 61700. Support - 61800 62500 63200 Resistance - 63500 64000 64450. 

NCDEX Tips Today :- Sell wheat on pullbacks . Sell refined soy oil on pullbacks. Sell castorseed on pullbacks. 

NCDEX Chana Updates :- After the recent pullbacks, prices kick start the selloffs and anticipate the same to extend towards 4300 levels in the near term. 

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