MCX Gold Tips|MCX Silver Tips|Crude Tips| MCX Copper Tips for 26th March

MCX Gold Tips
Gold has a strong support at 26390-26287 range while resistance at 26610-26725 upside for today Gold is looking bullish. Buy is suggested at 26390 for target of 26610 with stoploss at 26287 as today's MCX Gold Tips.

MCX Silver Tips
Silver gained as weak data on U.S. durable goods strengthened the case for delaying a potential interest rate hike. with intraday support at 37750 and 37320 level and reistance at 38540 and 38980. Buy is suggested on lower levels as today's MCX silver Tips.

MCX Crude Oil Tips
MCX Apr Crude oil has took the support from rising trend-line at 2960 levels and inched higher in the last session. Now the bias remains positive and is likely to extend the rally towards the rising channel resistance of 3117 levels, above that 61.8% Fibonacci level of 3163 will be the next target. Hence, any dip can accumulate fresh longs at 3075 levels.
We suggestion to buy Cruce Oil Around 3075 levels for target of 3117-3163 with a stop loss at 3030.

MCX Copper Tips
MCX Apr Copper’s near-term bullish outlook remains unchanged as long as prices trading above 376 levels. Currently prices are facing an immediate resistance at 391 levels; above that next target would be around 396 levels. Hence, any fall can be hold 384 and add some buying pressure from the same.
We suggest to enter in MCX Copper with a buying position around 384 level with a stop loss at 380.6 for target of 391 level

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MCX Crude Updates (Tips and Trend) For Today: 4th May

Crude Oil traded near a two-week low in New York and is poised for a weekly decline as worse-than-forecast U.S. economic data and Europe’s outlook stoked speculation that demand for fuel may drop. MCX Crude Oil May is currently trading at Rs. 5526, it is trading up by Rs. 3 for the day. The Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend. Cautious point is buying at higer levels seems decreasing. The Crudeoil is now trading in overbought level. Long Term trader can hold crude oil for long term.

MCX Crude has a strong resistance at 5620 along with the crucial support at 5470. Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term investor better to buy only above 5629.0 with stop at 5491.0 The Crudeoil is now trading is approaching overbought level.

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