MCX Gold trading Recommendations & tips 10th March
Trend: MCX Gold mini is expected to stay in up trend only if it stays above 20960 and 20940. Support and resistance: MCX Gold mini finds support at 20980, 20960, 20920, 20880. We can expect gold to stay in up trend but watch 20960 level carefully. OHLC: OHLC is UP only if it stays above 20960. Moving Average: MCX Gold trading trading with in the average indicates a decision zone. MCX Silver trading Recommendations & tips 10th March Trend: MCX Silver mini is expected to stay in Up trend if it stays above 53200. Support and resistance: MCX Silver mini finds support at 53800, 53600, 53200, 52800 with resistance at 54200, 54600. We can expect silver mini to test its support to gain selling strength. Silver mini should stay above 53200 to maintain buying trend. OHLC: OHLC shows buy if it stays above 53200. Moving average: MCX Silver trading above the average is good for buying on dips. MCX Copper trading Recommendations & tips 10th March Trend: MCX Copper is expected to stay in down trend for today. Support and resistance: MCX copper finds resistance at 422, 426.20, 432, 434.20, 436 with support at 416.60, 412.60. We can expect copper to test its resistance to gain selling strength. OHLC: OHLC shows DOWN. Moving Average: MCX Copper trading below the average is good for selling on tops. MCX Crude Oil trading Recommendations & tips 10th March Trend: MCX Crude oil is expected to show a two way movement like yesterday but can favor up trend. Support and resistance: MCX Crude oil finds support at 4720, 4680, 4645, 4620 with resistance at 4760, 4780, 4820 we can expect crude oil to swing both ways but can favor buying on major support. OHLC: Yesterdays market closed just above the opening and today expected to open around 4740. OHLC shows UP. Moving average: MCX Crude oil trading above the average is good for buying on dips. MCX Zinc trading Recommendations & tips 10th March Trend: MCX Zinc mini is expected to stay down trend for today. Support and resistance: MCX Zinc mini finds resistance at 103.50, 104.50, 105.50, 106.50 with support at 101.50, 100.50, 99.50. We can expect zinc mini to test its resistance to gain selling strength. OHLC: OHLC shows DOWN. Moving Average: MCX zinc trading below the average is good for selling on tops.
