mcx commodity price analysis 22 oct
bullion commodity price analysis 22 oct
mcx gold future on last closed at 29756 with gains of 276 rupees.today mcx gold future made high at 29829 while low was at 29613.today total 250+ rupee intraday rally and closed with gains.here expect targets at 30k to 30200 in upcoming sessions.rupee remain major factor here.
mcx silver future last closed at 49188 with gains of 993 rupees.today mcx silver future made high at 49280 while low was at 48255.total 1000+ rupee intraday rally and closed with gains.here 49k target achieved now expect 50-51,400 levels as next targets.
metal commodity price analysis 22 oct
mcx aluminium future last closed at 111.9 with gains of 1.1 rupees.in intraday mcx aluminium future made high at 112.25 while low was 111.2.total 1 rupee intraday range and closed with gains.here expect upside upto 114-115 if rupee remain weak.
mcx copper future last closed at 453.05 with gains of 4.25 rupees.in intraday mcx copper future made high at 453.6 while low as at 450.3.here trend and momentum is strong for now and above 448 keep long view.
mcx lead future last closed at 134.1 with loss of 1.9 rupees.in intraday mcx lead future made high at 134.25 while low was at 132.5.total 1.75 rupee intraday range and closed with gains.here expect 136-138.5 levels on upside.
mcx nickel future last closed at 889 with gains of 20 rupee.in intraday mcx nickel future made high at 890 while low was near 872.total 18 rupee intraday range and closed near high.here achieved 890 target now expect next target at 925.
mcx zinc future last closed at 118 with gains of 1.45 rupees.in intraday made high at 118.15 while low was at 117.15.here trend and momentum strong bullish and expect level near 120 in short terms.
energy commodity price analysis 22 oct
mcx crude oil future last closed at 6182 with loss of 56 rupees.in intraday mcx crude oil future made high at 6262 while low was at 6161.here trend and momentum is bearish and keep sell on rise view for target 6000 and below.
mcx natural gas future last closed at 229.6 with loss of 1.5 rupee.in intraday mcx ng future made high near 234 while low was near 228.total 6 rupee intraday range and closed with loss.here trading near support so keep buying view.