Today MCX Intraday Trading Commodity Tips

Gold and silver prices are expected to trade lower today on profit booking at higher levels coupled with stability in Chinese markets.Falling demand in Asia and slowdown in China is a drag to oil prices. Bearish sentiments cloud oil markets and hence we expect oil prices to trade lower.

Morning Technical Levels Tips for Metals and Energy

  • Intraday Strategy:Buy MCX Sept Crude oil between 2570–2580, SL –2540,Target – 2670/2680.
  • Intraday Strategy: Buy MCX Aug Nickel between 620–622,SL 614,Target – 638/640.

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MCX Trading Tips

Free MCX Trading tips

  • Sell 1 lot of MCX Oct Gold Mini at CMP of Rs 26726 levels, any bounce can add 1 more lot at Rs 27150 for the target price of Rs 25890 and Rs 25350 levels with a stop loss of Rs 2784.
  • Sell MCX Silver Sept at Rs 34900 for the target price of Rs 34600-34350 with a stop loss of Rs 35300.

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