MCX Intra-day Free Tips : Nickel Lead Copper

MCX Base Metals Trend Today: Base metals may trade on the bearish side today on the Multi Commodity Exchange of India. Nickel & Lead will be the main base metals to watch out for the day. Aluminium, Lead & Copper will move up in the day trading session but Nickel will move down with the strong support at around 815 after this level It may move down further to witness a major fall today to reach 810. Aluminium & Lead will continue to trade on the positive bias for the day. Major economic decisions will be taken by the Government to recover Rupee against the Dollar in the domestic commodity market. Traders may take short position for the Nickel & long for the other base metals. 



Major MCX Commodities Support & Resistance Level for Today
  • MCX Gold has the strong Resistance at 28200 for the down side support at 27399.
  • MCX Silver may find the Support & Resistance Level at 42286 & 44445 respectively for the intra day session.

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