MCX Commodity Tips|Bullion Tips|Trading Trend(Tuesday, 21 June):
At MUlti Commodity exchange (MCX) opened on a positive note with a rise of 1.52 points today in the morning hour.
Bullions: Bullions may trade on positive note.Gold edged up on Tuesday and held near its highest in two weeks on a softer U.S. dollar against the euro.
Base metals: Base metals may witness some short covering.Copper may trade in range of 400-410 in near term.
Energy: Crude oil may also witness some short covering after the last week meltdown.
MCX Gold (August)
Buy on Dips to 22,580/22,560 with SL 22,490 and TGT 22,700.
Buy on Dips to 22,580/22,560 with SL 22,490 and TGT 22,700.
MCX Silver (July)
Buy on dips to 53,620/53,450 with SL 53,150 and TGT 54,400.
Buy on dips to 53,620/53,450 with SL 53,150 and TGT 54,400.
MCX Copper (June)
Buy on dips to 402/401 with SL 399 and TGT 410.
Buy on dips to 402/401 with SL 399 and TGT 410.
Sell rallies to 4,245/4,255 with SL 4,310 and TGT 4,135.
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