Mcx gold future closed at 29314 with heavy loss. We saw fresh breakdown below 29600 and now gold heading towards 28900 levels.
Mcx silver future closed at 39329 with heavy loss. Here also we saw breakdown and silver prices are heading towards 38900 to 38600 zone.
Mcx aluminium future closed at 105.15 with gain. Here watch 106 level for intraday breakout or reversal. Mcx copper is recovering and expect upside tgts of 315 and 319. Mcx nickel around 574 remain buy and accumulate for tgts 590 to 605. Mcx zinc and lead remain buy on dips.
Mcx crude oil future closed at 3313 with gain. Here 3280 and 3235 are support zones while 3340 and 3365 are intraday tgts.
Mcx natural gas future closed at 134.7 with loss. After bounce back we saw downtrend resumed and heading towards 130 rupee tgt.