Sell MCX Gold Apr Fut around Rs 29620: Fortune Fin

Fortune Financial Services has come out with its report on precious metal, base metal, Crude Oil and Natural Gas. According to the research firm one can sell MCX Gold April Future around Rs 29620 with stoploss of Rs 29730 for a target of Rs 29430-29320.

MCX Gold April Contract is looking negative for the day. Market may find support near 29430 & 29320; intraday resistance can be seen near 29620 & 29730. Day traders are advised to sell intraday on rise. (Sell around 29620 with SL 29730, for the target of 29430-29320.) 

MCX Silver March Contract is looking negative for the day. Market may find support near 52900 & 52300; intraday resistance can be seen near 53800 & 54300. Day traders are advised to sell intraday on rise. (Sell around 53800 with SL 54300, for the target of 52900 & 52300.) 

MCX Natural Gas February contract is looking positive the day. Market may find support near 175 & 172 intraday resistance can be seen near 179 & 182. Day traders are advised to buy intraday on dips. (Buy around 175 with SL 172 for the target of 179 & 182.) 

MCX Crude oil March contract is looking negative for the day. Market may find support near 5020 & 4960; intraday resistance can be seen near 5090 & 5140. Day traders are advised to sell intraday on rise. (Sell around 5090 with SL 5140, for the target of 5020 & 4960.)

 MCX Copper February contract is looking negative for the day. Market may find support near 422 & 419; intraday resistance can be seen near 427 & 430. Day traders are advised to sell intraday on rise. (Sell around 427 with SL 430, for the target of 422 & 419.)

MCX Lead February contract is looking negative for the day. Market may find support near 123.80, 122.60, intraday resistance can be seen near 125.90 & 127.10 Day traders are advised to sell intraday on rise (Sell around 125.90 with SL 127.10 for the target of 123.80 & 122.60) 

MCX Nickel February contract is looking slightly negative for the day. Market may find support near 904, 892, intraday resistance can be seen near 924 & 935.Day traders are advised to sell intraday on rise. (Sell around 924 with SL 935 for the target of 904 & 892.)

MCX Aluminium February contract is looking negative for the day. Market may find support near 108.80, 107.70 intraday resistance can be seen near 110.60 & 111.80 Day traders are advised to sell intraday on rise. (Sell around 110.60 with SL 111.80 for the target of 108.80 & 107.70)

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