Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips
Copper fell for the first time in three sessions, after reports that the US economy is on firmer footing, which pushed the dollar up and weakened the case for additional economic stimulus. Copper futures for May delivery closed slightly down at $3.88 per pound on the COMEX of the New York Mercantile Exchange.
MCX Copper may note some decline tracking international exchanges however the downside remains capped. Now MCX Copper has a support at 419 and a resistance level on 444.
MCX Commodity Tips
MCX Gold April:
Sell at Rs 28,350 - 28,400 with stop loss Rs 28,535 and target Rs 28,200 and 28,100.
MCX Silver May:
Sell at Rs 57,500 - 58,000 with stop loss Rs 58,500 and target Rs 56,500 and 56,000.
MCX Crude April:
Sell below 5,450 levels with a stop loss placed above 5,510 levels for targets of 5,350 levels.
MCX Natural Gas April:
Buy around 118 levels with a stop loss placed below 116.50 levels for a target of 121 levels.
MCX Copper April:
Sell around 436 levels with a stop loss placed above 440 levels for targets of 431 levels.
MCX Nickel March:
Sell below 900 levels with a stop loss placed above 910 levels for targets of 885 levels.
MCX Lead March:
Sell around 102 levels with a stop loss placed above 103 levels for targets of 100.80 levels.
