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Crude oil Aug MCX: Prices are trading by Rs107 at 4985. Immediate support is seen around 4950 levels and weekly support is seen around 4900 levels. Any sustainable trade below the same might confirm bearishness in oil prices and expected fall up to 4650 on weekly basis. Resistances are seen around 5010/5040â€¦..CMP 4978
Gold Aug MCX: Today market has opened up by Rs 60.Intraday traders may look for the levels of 29260-29290 as a key resistance zone. Those who are on sell side maintain stop loss above 29300. Likewise the major support for the day is 29130. The trend is expected to remain sideways for now as there are no triggers in the market. Advise: trade for short targets for the day â€¦..CMP 29220
Free Recommendation :Â Â Gold Aug MCX: Sell in the range of 29220-29230 TP 29130 with stop loss above 29300â€¦.CMP 29220
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