Sell MCX Silver around Rs 59600: Fortune Financial

Fortune Financial Services has come out with its report on MCX Gold, Silver, Natural Gas, Crude Oil, Copper and Nickel. According to the research firm, one can sell MCX Silver around Rs 59600 with a stoploss of Rs 60200 for a target of Rs 59000-58400.

MCX Gold December Contract is looking slightly positive for the day. Market may find support near 31200 & 31090; intraday resistance can be seen near 31350 & 31460. Day traders are advised to buy intraday on dips. (Buy around 31200 with SL 31090, for the target of 31350 & 31460.) 

MCX Silver December Contract is looking slightly negative for the day. Market may find support near 59000 & 58400; intraday resistance can be seen near 59600 & 60200. Day traders are advised to sell intraday on rise. (Sell around 59600 with SL 60200, for the target of 59000 & 58400.) 

MCX Natural Gas November contract is looking positive for the day. Market may find support near 193 & 190 intraday resistance can be seen near 197 & 200. Day traders are advised to buy intraday on dips. (Buy around 193 with SL 190 for the target of 197 & 200.) 

MCX Crude oil November contract is looking negative for the day. Market may find support near 4600 & 4540; intraday resistance can be seen near 4650 & 4710. Day traders are advised to sell intraday on dips. (Sell around 4650 with SL 4710, for the target of 4600 & 4540.)

MCX Copper November contract is looking negative for the day. Market may find support near 414 & 411; intraday resistance can be seen near 417 & 420. Day traders are advised to sell intraday on rise. (Sell around 417 with SL 420, for the target of 414 & 411.) 

MCX Nickel November contract is looking negative for the day. Market may find support near 866, 855, intraday resistance can be seen near 880 & 890. Day traders are advised to sell intraday on rise. (Sell around 880 with SL 890, for the target of 865 & 855.)

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