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mcx tips for today,bullion trend,mcx live tips,free commodity tips,base metal trend
MCX Gold trend :- Gold futures may open marginally down as the European Central Bank (ECB) has left key bank rates unchanged.MCX Gold August contract may open at Rs 30,030 against yesterday’s close of Rs 30,065.MCX August gold may open today's session near Rs. 30000 with support near Rs.29970 and Rs. 29890 levels.
MCX Crude Oil Trend :- Crude oil futures jumped above $86 a barrel buoyed by gains in the Asian equities following solid rally in US markets overnight as investors hope for U.S. and European monetary easing to counter growing global economic woes.MCX June crude futures may open today's session near Rs. 4730 with resistance nearRs. 4762 levels.
MCX Copper trend :- Copper is expected to trade with positive momentum during the morning session on Thursday, 7th June extending the previous session gains. Copper is likely to find support at Rs. 407per kg and Rs. 405 per kg and resistance at Rs. 414.7 per kg and Rs. 417.7 per kg.
MCX Nickel Trend :- nickel will continue to move up for the day. So expert advises initiating long position at around Rs 890 per kilogram levels with a stop loss to be placed below Rs 880 per kilogram levels for the upside target of Rs 910 per kilogram and above that Rs 920 per kilogram.
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