MCX BULLION METAL UPDATES
On the International market, gold - silver has declined strongly.Gold in the domestic market with strong light on Tuesday to Rs 29 086, while silver dropped half per cent to Rs 54 460. Positionally Support for the Gold is 28697-28517-28463-28444-28291-28212-. Immediate resistance for Gold is 29326.
BASE METAL UPDATES
Base metals will give you good upsides for the day. Best commodity to trade in is zinc. Zinc is good to buy at around Rs 105 per kilogram levels with a stop loss to be placed at Rs 104 per kilogram on downside and on intraday we expect prices to test levels of around Rs 106.20 per kilogram and above that Rs 107 per kilogram.
MCX COPPER TIPS
We recommend buying MCX copper June contract around Rs 423.50 per kilogram with a stop loss of Rs 421 for a target of Rs 428 per kilogram.
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