MCX Trading Tips: Daily Commodity Market Report

GOLDMmcxMAY(m)
Technical Levels
R3 - 21570
R2 - 21300/21400/470
R1 - 21150/260-80
Pivot - 21140
S1 - 21110/21050
S2 - 20970/800/780
S3 - 20550/360

Trends
Intraday - Consolidate
Near Term - Up

SILVERmmcxAPR(m)
Technical Levels
R3 - 62000/65750
R2 - 60880/61200
R1 - 60130/60550
Pivot - 59600
S1 - 59300/140
S2 - 58800/58000
S3 - 57400/56300


Trends
Intraday - Up

Near Term - Up


COPPERmcxAPR
Technical Levels
R3 - 460/465/473
R2 - 445/450/455
R1 - 430/435/440
Pivot - 430
S1 - 425/420
S2 - 418/415
S3 - 410/405/400

Trends
Intraday - Up

Near Term - Consolidate

NICKELmcxAPR
Technical Levels
R3 - 1250/1280/300
R2 - 1220/35/42-49
R1 - 1200/1210
Pivot - 1185
S1 - 1165/56
S2 - 1150/1140
S3 - 1100


Trends
Intraday - Consolidate

Near Term - Consolidate

LEADmcxAPR
Technical Levels
R3 - 135/140
R2 - 130/133
R1 - 125/129
Pivot - 124
S1 - 122 /121
S2 - 119/117/116
S3 - 115/113

Trends
Intraday - Consolidate

Near Term - Up

ZINCmcxAPR
Technical Levels
R3 - 117/120
R2 - 115
R1 - 113
Pivot - 109
S1 - 108/107
S2 - 105/103/102
S3 - 100/98/95

Trends
Intraday - Down

Near Term - Consolidate

CRUDEmcxAPR
Technical Levels
R3 - 5300
R2 - 5020/5090/180
R1 - 4770/4820/4900
Pivot - 4730
S1 - 4710/4680
S2 - 4620/4580
S3 - 4490

Trends
Intraday - Consolidate
Near Term -  Up

NAT. GASmcxAPR
Technical Levels
R3 - 230
R2 - 190/199
R1 - 185-188
Pivot - 183
S1 - 180/178/175
S2 - 170/165
S3 - 160

Trends
Intraday - Consolidate
Near Term - Consolidate