Less investment more returns! Get daily profitable calls in Stock and Index Options. Package price only Rs 6000 per month (including tax). For more details, Call your RM or Call us on +91-7065111166.
Home » Evening MCX Update – Today’s Major MCX Commodities support and resistance levels.
Full Mcx

Evening MCX Update – Today’s Major MCX Commodities support and resistance levels.

MCX Commodities

 

 

Technical Levels of Major MCX Commodities

 

Major Economic Data for the Day

5:45 PM – ADP Non-Farm Employment Change

8:00 PM – Crude Oil Inventories

 

Gold

Gold has support at 46500 and resistance at 46787. Break and sustain below 46500 will take it to the next support level of 46400…46220 and sustainable trade above 46787 can see further upside move towards the next resistance level of 46880…47050.

 

Silver

Silver has support at 60350 while resistance at 60800 Sustainable trade below 60350 will take it to 59000…59500. If it breaks and sustains the resistance level of 60800 then will take it to 61300—61850, respectively.

 

Copper

Copper has support at 704 and resistance at 713. Sustainable trade above 713 will see the upside move towards 717…722 and if sustained below 704 can catch the downside move towards 700…695 respectively.

 

Nickel

Nickel has support at 1395 and resistance at 1412.30. Selling can see this counter below 1395 for the targeting towards 1380…1360 and sustainable trade above 1412.30 will see the upside move towards 1418…1423.

 

Zinc

Zinc has support at 256.25 and resistance at 259.30. Sustainable trade above 259.30 will see the upside move towards 261…262.30 and if sustained below 256.25 can catch the downside move towards 254…252 respectively.

 

Natural Gas

Natural gas support has 463 and resistance 485. Sustainable trade above 485 can see more rally towards the next level of 497…510 and if sustained below 463 then can move towards 450…440 maximum.

 

Crude Oil

Crude oil has support at 5865 and resistance at 5956. Sustainable trade below 5865 can see more downside towards 5830…5800 and if sustained above 5956 will see the upside move towards 5900…5935 levels.

 

 

MCX Update on WhatsApp

 

 

We are a SEBI registered investment advisor. The above free information is for education/knowledge purposes. Read disclaimer on our website before investing.

 

 

Short Term Monthly Investment Picks for April 2021

Short Term Monthly Investment Pick

Stock Portfolio for Year 2021

Stock Portfolio for 2021

Get FREE Market Updates!

Stock Market WhatsApp Broadcast
Read in your native language.
Open chat
Get Market Updates on your WhatsApp