Silver Sep MCX:
Prices are trading down by 150Rs at 52800 levels. Intraday crucial support is seen around 53650-700 levels. On break below the same might change intraday view and fall might extend up to 52200/51900 level. As well as higher side resistances are seen around 53210 and 53560 levels. Those who are holding long positions recommend to maintain strict stop loss below 52600â€¦.CMP 52884
Gold Aug MCX:
Since morning price are hovering in a stiff range of 29200-29300 levels. Break either side might confirms further direction for remaining trading hours. However on CBOT platform Aug futures are trading up by $15 at $1582. Based on technical analysis expecting prices to breach higherside levels .Better to wait for break out before going to take positionsâ€¦CMP 29263
Crude Oil July MCX:
prices are witnessing crucial resistance around 4817 levels. Â Base on technical clues expecting sharp move above the same. In this case possible target seems to be around 4848/4892levels.As well as lower side supports are seen around 4785-7460 levels. we recommend intraday trades to buy above Or buy in the range of 4780-85 levelsâ€¦.CMP 4802
Copper Aug MCX:
from the beginning of the session prices are holding gains now it is trading at 425.5 up by 2.60% from the technical end expecting prices continue the gains for remaining trading hours and possible targets are seen at 427.9/429 levels and supports are seen around 423 and 420 levels. Recommend to buy at lower levels.
UPDATES AT 08:00 PM
Silver Sep MCX :
Prices are expected to move in the range of 52700-53260 levels. Only a significant break above 53260 would trigger fresh buying towards 53500 levels. CMP 53000
Crude oil July MCX :
Prices started recovering and currently trading at 4800 levels. Break above 4817 would trigger fresh buying towards 4845/4860 levels. Supports are seen at 4760 then 4730 levels.