MCX Gold (December): Ideally support should be seen at 13330/13345 levels now followed by 13207. Favored view now expects supports to hold for a test of 13711or even higher. Fall below 13085 to dent our bullish hopes.S1: 13425 S2: 13330 R1:13610 R2:13700
MCX Silver December: Could see a corrective bounce towards 20650 or even higher towards 21084. Supports are at 18915 followed by 18580 now.Fall below 18530 is expected to take prices lower towards 17235.S1: 19100 S2:18900 R1:19485 R2: 19635
MCX Crude Oil October: Downside target is at 4066 but there is a good chance for the price to stay above 4283 or maximum 4225 and rise in correction towards4440 or even 4480. Ideally next decline should commence after this correction. This is the favored scenario.Rise beyond 4492 could hint at further advance towards 4598.S1: 4185 S2:4125 R1:4307 R2:4368
MCX Copper Nov: Resistance to cap for a decline towards 237.S1: 267.5 S2: 264.0 R1: 273.5 R2: 277.4
MCX Zinc Oct: As long as 73.45-72.85 levels support , expect corrective rallies towards 76.7 or even 78.0 levels .However a fall below 72.30 would negate this bullish view. S1: 73.4 S2: 72.2 R1:75.6 R2: 76.7
MCX Nickel Oct: As long as 680 levels support , expect prices to edge higher towards resistance levels at 715- 725 levels .. However a direct fall below 675 would negate the bullish view.S1: 670 S2: 655 R1: 695 R2: 715
MCX Natural Gas Oct: Expect bearishness to continue for the test of 314 or even 301 levels as long as 340 levels resist.S1: 320 S:312 R1:347 R2: 359
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