free mcx commodity tips for today 15 july 2015
Mcx gold future closed at 25925 with loss. For intraday 25900 and 25800a re support zones and expect reversal from those levels. On upside 26150 is first major resistance. Silver future is showing more weakness. On downside 34800 and 34200 are intraday support zones and reversal is expected from those levels. Risky traders keep long view on bullions with stop loss.
In base metals, correction and consolidation continues. Outlook still bullish and keep buy and accumulate view with stop loss below recent lows. Aluminium near 104 is best buying opportunity. Copper near 354 is buying opportunity. Lead and zinc gathering momentum for next move. Nickel above 705 remain bullish for target 790.
Crude almost achieved 3225 target yesterday and given sharp reversal. Here on upside 3510 is major resistance as well as target for this energy commodity. Risky traders keep buy and accumulate view.
Natural gas future closed at 181 with gain. Here above 178 keep buying view for target 192. These intraday correction are buying opportunity for traders.