Sell MCX Gold June Fut at Rs 28040: Fortune Financial

Fortune Financial Services has come out with its report on metals, Crude Oil and Natural Gas. The research firm says one can sell MCX Gold June Futures at Rs 28040 with stoploss above Rs 28400 for the target of Rs 27800-27600.

MCX Gold June futures contract is looking weak on chart, day traders can sell on small pullback Major support is seen in range of 27730, 27534 and 27283. While important resistance is seen near 28176, 28428 and 28623. (Sell at 28040, target 27800-27600 SL above 28400)   

MCX Silver May futures contract is looking weak on chart, day traders can sell on small pullback Major support is seen in range of 48559 , 48216 and 47776 . While important resistance is seen near 49341 , 49781 and 50124. (Sell at 49300 Target 48200 SL above 49800)  

MCX Natural Gas April futures contract is looking strong on chart, day traders can buy on small dips Major support is seen in range of 229.48 , 227.86 and 225.78 . While important resistance is seen near 233.18, 235.3 and 236.9.  (Buy at 229-227 Target 238 SL below 224)  

MCX Crude Oil April futures contract is looking weak on chart, day traders can sell on small pullback Major support is seen in range of 4940, 4905 and 4861. While important resistance is seen near 5020, 5065 and 5099. (Sell at 5000 Target 4900 SL above 5070)  

MCX Copper April futures contract is looking weak on chart, day traders can sell on small pullback Major support is seen in range of 401.67, 398.84 and 395.20. While important resistance is seen near 408.14, 411.8 and 414.6. (Sell at 410-412 target 398 SL above 416)  

MCX Lead April futures contract is looking weak on chart, day traders can sell on small pullback Major support is seen in range of 110.27, 109.50 and 108.50. While important resistance is seen near 112.05, 113.0 and 113.8. (Sell at 113-113.5 Target 110 SL above 116)

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