Thursday, June 18, 2015

MCX Bullion Counter Today:17 june 2015 || MCX Crudeoil price Bulllish

 Commodity tips today

MCX Bullion Counter can open today in positive note as Greece debt concern are creating safe demand for the yellow metal. In the interim investors will eagerly awaits the outcome of fed meeting which will start from today and end tomorrow. MCX Gold Today can trade slightly down -0.09 per cent to 27006 level on Tuesday.

Short term trend for MCX Gold Aug contract is likely to be in positive zone today. MCX Crude oil may open on positive note tracking firm overseas clues. API data to be released on Tuesday will give further direction to the prices.MCX Crudeoil price today is on bullish note for short term and sideways for the intraday.

MCX Investment Today: 

MCX Gold Short term support – 26500,Resistance – 27200,Trend-Sideways
MCX Crudeoil Support for short term – 3700,Resistance at 3980,Trend - Bulllish

MCX Lead Support for short term – 113.00 ,Resistance at 130.0,Trend-Bearish   
MCX Silver support-36530, Resistance - 37470 ,Trend – Bearish

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