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Market Report MCX

Market Report MCX

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This channel is to discuss technical analysis on various commodities that are traded on MCX

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Posts Archive
Gold and Silver No video uploaded today but members can ask for levels on whatsapp 8279944008 or on Telegram at "marketreport08" Happy Trading

Natural Gas MCX It is trading around intraday buying zone of 258 and has next buying zone at 252. If entering into a long position than do take help of support levels at 253.80 and 243 Happy Trading

Zinc MCX Consolidating consolidating and consolidating but any breakout of nearest resistance level can pump up this scrip and can show good upside movement on intraday basis. Right now the nearest resistance level is at 224.25 Happy Trading

NSE Nifty Future Made weekly closing just around strong resistance level, which was an unexpected view. But levels are levels, looks strong right now on charts and there is a possibility that it can show gap up opening on next session with fresh all time high. Better to stay away from this bubble Happy Trading

Copper MCX Consolidating and failed to break strong resistance level of 722.90, no major upside sign in this commodity till it holds levels below this resistance mark. Now strong buying zone stands at 709 Happy Trading

Crude Oil MCX Tried and tested yesterday, it has finally managed to sustain above 6100 and was strongly holding levels above 5860. Both the sign shows major strength in Crude Oil, that will help this commodity in showing more upside in coming days/weeks Happy Trading

BTCUSDT Bitcoin Bitcoin is trading with some selling pressure at higher levels and can show more downside if failed to break it's nearest resistance level of $46700, let's wait for the evening session Happy Trading

Video Update short videos updated for many commodities and a dedicated video on Gold Silver for eligible members Happy Trading

Crude Oil MCX Seems it is holding above strong resistance level of 6100 and can show further upside in coming sessions. Avoid short sell and try to enter into long position with SL Happy Trading

BTCUSDT Bitcoin It is trading just below intraday support level and can show more downside by tomorrow evening. Trade accordingly Happy Trading

Natural Gas Recovered from low without breaking strong support level Happy Trading

Crude looks good CMP - 6068

NG - OMG

NG - 270

Crude Oil MCX Important level to watch 6100 Happy Trading

Gold and Silver Both are Rs 600 down, it clearly says Gold is facing more selling pressure as compared to Silver Happy Trading

Video Update Video for all uploaded on YouTube and Video for members uploaded on YouTube Happy Trading

Gold USD It has shown some support levels but need to break 2073 to show some strength and has strong resistance level at 2084. Reversal level at 2043 Happy Trading

Natural Gas MCX Consolidating and trying to hold higher levels which is a sign of uptrend. Nearest support level at 208.20 and strong support level at 202. Next resistance level at reversal price of 224.80 Happy Trading

Silver USD The only important thing in Silver is, it failed to break the reversal level of 23.46. Market reversed as expected from lower levels and has intraday support level at 23.52 and has next major resistance level at 24.14 Happy Trading