premarket commodity anaysis for 1st june 2016

premarket commodity anaysis for 1st june 2016 In mcx bullion pack, Mcx gold future closed at 28969. For intraday above 28900 keep long view for targets 29070 and 29200. Mcx silver future above 38725 will become buy for intraday for targets 39100 to 39500.   In mcx base metals, mcx aluminium above 104 remain buy for targets 105 and 105.8. For copper 309 is major support and above it keep long view of targets 313 and 315. Mcx lead future intraday resistances will be 115 and 116.25. Mcx nickel future above 564 remain buy for targets 575 and 586. Mcx zinc future intraday resistances are 129.6 and 130.55.   In mcx energy segment, crude oil future might correct up to 3300 to 3250 in intraday. Mcx natural gas above 152 might continue fresh rally for targets 157 and 159.

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