MCX Bullion muhurat trading tips 2016
Mcx gold future last closed at 30150 with gain. Gold prices as expected recovering from lows after building base. Mcx gold achieved my given target 30150 and now next positional target will be 30600+. Mcx gold muhurat trading day outlook is bullish and strategy remain buy on dips. Mcx gold intraday support zones are 30000 and 29800 and these are fresh buying levels. On upside 30200 and 30300 as intraday resistances as well as target zones. Mcx silver future last closed at 42562 with gain. Mcx silver broke out of range after building base. Above 42400 expect strong upside rally in short to medium terms. For intraday, mcx silver support zones are 42100 and 41800 and fresh entry zones for traders. Mcx silver intraday resistances well as target zones are 42800 and 43150. Above 42400, bullion traders keep their positional target at 44200.
MCX Base Metals muhurat trading tips 2016
Mcx aluminium future last closed at 114.6 with gain. Mcx aluminium achieved 115 target and heading towards my swing target 116+. Mcx aluminium intraday outlook is bullish and strategy will be buy on dips. Mcx aluminium intraday support are 114 and 112.6 and fresh buying levels. On upside 115 and 116.5 are resistances ad target zones. Mcx aluminium achieved my first target of 113.5 and heading towards at next target 116.5. Above 116.5, aluminium will be super bullish. Mcx copper future last closed at 324.8 with gain. Mcx copper future achieved 323 target and moving towards swing target of 329. For intraday, mcx copper outlook is bullish and strategy will be buy at supports. Mcx copper intraday residences as well as target zones are 326.5 and 329. Mcx copper intraday support zones are 322 and 318 and fresh long entry zones. Above 322, mcx copper upward revised swing target is at 334. Mcx lead future last closed at 137.7 with gain. Mcx lead above 136 will remain bullish and buy for targets 142 and 147 in medium terms. For intraday mcx lead outlook is bullish and strategy remain buy on dips. Mcx lead future intraday support zones are 136.5 and 134 and on upside 139.1 and 140.5 are intraday resistances as well as target zones. Mcx nickel future last closed at 692 with loss. Mcx nickel future above 688 remain buy and accumulate for big upside targets. Mcx nickel intraday outlook is bullish and strategy remain buy on dips. Mcx nickel intraday support zones are 688 and 680 and fresh buying zones. Mcx nickel intraday resistances are 701 and 718 and short term target zones. Mcx zinc future last closed at 160.2 with huge gains. Mcx zinc future achieved target of 160 and heading towards swing target of 162.5. Mcx zinc future intraday outlook is bullish and remain buy. Mcx zinc future intraday support zones are 159.2 and 157 and fresh buying levels. Mcx zinc intraday resistances are 161 and 162.5. Above 162 expect next swing target at 167.
MCX Energy muhurat trading tips 2016
Mcx crude oil future last closed at 3260 with loss. Mcx crude oil is correcting as expected towards 3100 levels. Below 3325 remain sell for positional traders. Mcx crude oil intraday outlook remain weak and strategy is sell on rise. Mcx crude oil intraday support zones are 3230 and 3150 as well as target zones. Mcx crude oil intraday resistances are 3280 and 3325 and fresh short entry zones. Mcx crude oil achieved downside positional target of 3325 and now heading for 3100. Mcx natural gas future last closed at 207.5 with gain. Mcx natural gas is bouncing back after strong fall but outlook remain weak and keep sell on rise strategy for short to medium terms. Mcx natural gas intraday outlook is bearish. 212 and 216 are intraday resistances as well as fresh short entry zones. Mcx natural gas below 211 might test 193 in medium terms.