Precious metals (Gold and Silver) are trading flat on MCX commodity market today. MCX Silver may touch the levels of Rs. 57,000 in upcoming trading session. We expect prices to trade lower for the day. All base metals are trading on a negative note today. Support for April copper is seen at Rs.414 while resistance is seen at Rs.423. We expect prices to trade lower for the day. Crude oil is trading lower on MCX today. We expect prices to trade lower for the day.
Intraday Trading Strategy:-
MCX Gold June contract may trade in Rs 28,900-28,500 range.
MCX Silver May contract may trade in Rs 58,000-56,000 range.
Intraday Trading Strategy:-
MCX Gold June contract may trade in Rs 28,900-28,500 range.
MCX Silver May contract may trade in Rs 58,000-56,000 range.
