Gold- MCX Gold may note mixed trade in line with international market but bias may be on upside. Support for MCX Gold April contract is seen at Rs.29150 while Resistance is seen at Rs.29450.
MCX Free Tips INTERNATIONAL MARKET UPDATE
- GOLD $ 1243.15(+3.65),
- SILVER $ 17.793(-0.088),
- COPPER 2.673(+0.008),
- CRUDE OIL $ 52.58(+0.24),
- IR 67.0000(-0.1900).
Silver- MCX Silver may note choppy trade Tracking Cues from international exchange but buying could be considered at lower levels. Support for MCX Silver March contract is seen at Rs.41900 while Resistance is seen at Rs.42700.
Copper- MCX Copper trades modestly lower tracking cues from international exchange however the downside remains capped. Support for MCX Copper February Contract is seen at Rs.391.5 while resistance is seen at Rs.398.5.
Crude Oil- Mcx Crude may note some gains tracking cues from international exchange but upside is limited. Support for MCX Crude February contract is seen at Rs.3465 while Resistance is seen at Rs.3570.
