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Market Outlook  MCX Gold opened gap down and sustained below the crucial support of 39500. However, any closing above the mentioned mark may pull the bullion towards the resistance range of 39800-39900 whereas 39100 might continue to act as strong support from current levels. MCX Crude showed sideways movement finding key support around 4100 mark[…]

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Market Outlook MCX Gold showed bullish breakouts above the important resistance levels of 41000 on back of US-Iran tensions although didn’t sustained above it during the session. If the bullion sustains above 41000 mark then it may reach towards further record highs whereas 40000 is now recognized as the near support. MCX Crude opened on[…]

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Market Outlook MCX Gold closed on bullish note in the previous session which was continued towards the near resistance of 39100. But today gold trade in bearish note if it sustains lower level than it may take support near 38970. MCX Crude showed some sideways moves but with positive bias. Strength will happen to continue[…]

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  Market Outlook MCX Gold after opening on a flat note showed a continuous upside rally facing strong resisatnce near 38000 ahead. It is expected to fall from such levels and on lower side, support is seen in range of 37700-37500.   MCX Crude witnessed bullish rally since last three consecutive sessions and is able to[…]

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Market Outlook MCX Gold sustained at higher levels after the bulls so seen in the previous session. Bullion surpassed the immediate resistance of 37700 and sustaining above it may pull it towards the key resistance of 38000 whereas on lower levels, 37470 is seen as strong supporton daily charts. MCX Crude has been showing range[…]

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Market Outlook The rupee appreciated 16 paise to open at 72.2475 and drifted within the run of 72.2600 and 71.9300 against the US dollar on fresh foreign fund inflows and easing crude oil prices. Moreover, a firm domestic equity market too influenced the Rupee. Against major Asian peers, dollar held steady, while the pound plunged[…]

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MCX, is the most  important product of commodity exchange , it was a World’s  Largest Commodity Exchange in terms of the number of futures contracts trade .Commodities are necessary for life and comfort and as long as they  include human daily life product. There are many people in the Stock market who is giving advices[…]

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Support for MCX GOLD APR. Delivery is seen at support 29150 and 29000 levels while resistance is seen 29520 and 29680 levels. Support for MCX SILVER MAR. Delivery is seen at support 35850 and 35500 levels while resistance is seen 36600 and 37000 levels. Intraday strategy for MCX BASE METAL is given below Support for[…]

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Support for MCX GOLD FEB. Delivery is seen at support 26050 and 25860 levels while resistance is seen 26300 and 26410 levels. Support for MCX SILVER MAR. Delivery is seen at support 34000 and 33800 levels while resistance is seen 34560 and 34900 levels. Intraday strategy for MCX BASE METAL is given below Support for[…]