Sell MCX Gold Feb Fut around Rs 31140: Fortune Financial

Fortune Financial Services has come out with its report on precious metal, base metal, Natural Gas and Crude Oil. According to the research firm, one can sell MCX Gold February future around Rs 31140 with a stoploss of Rs 31250 for a target of Rs 31040-30950.

MCX Gold February Contract is looking negative for the day. Market may find support near 31040 & 30950; intraday resistance can be seen near 31140 & 31250. Day traders are advised to sell intraday on rise. (Sell around 31140 with SL 31250, for the target of 31040 & 30950.)

MCX Silver March Contract is looking negative for the day. Market may find support near 60600 & 60100; intraday resistance can be seen near 61200 & 61800. Day traders are advised to sell intraday on rise. (Sell around 61200 with SL 61800, for the target of 60600 & 60100.) 

MCX Natural Gas December contract is looking positive for the day. Market may find support near 186 & 183 intraday resistance can be seen near 189 & 192. Day traders are advised to buy intraday on dips. (Buy around 186 with SL 183 for the target of 189 & 192.) 

MCX Crude oil January contract is looking positive for the day. Market may find support near 4860 & 4810; intraday resistance can be seen near 4920 & 4970. Day traders are advised to buy intraday on dips. (Buy around 4860 with SL 4810, for the target of 4920 & 4970.)

MCX Copper February contract is looking positive for the day. Market may find support near 445 & 442; intraday resistance can be seen near 449 & 452. Day traders are advised to buy intraday on dips. (Buy around 445 with SL 442, for the target of 449 & 452.) 

MCX Lead December contract is looking positive for the day. Market may find support near 125.80, 124.70, intraday resistance can be seen near 127.20 & 128. Day traders are advised to buy intraday on dips. (Buy around 125.80 with SL 124.70 for the target of 127.20 & 128.)

MCX Nickel December contract is looking positive for the day. Market may find support near 970, 960, intraday resistance can be seen near 981 & 990. Day traders are advised to buy intraday on dips. (Buy around 970 with SL 960 for the target of 981 & 990.)  MCX Aluminium December contract is looking positive for the day. Market may find support near 113.90, 112.70, intraday resistance can be seen near 115.30 & 116.20. Day traders are advised to buy intraday on dips. (Buy around 113.90 with SL 112.70 for the target of 115.30 & 116.20.)

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