MCX Gold Feb: Break above 12559/12590 is a positive sign and should lead prices towards 12905 or 13077 levels now. Supports are at 12387 followed by 12293 levels now.S1: 12635 S2: 12550 R1: 12800 R2: 12895
MCX Silver Mar: Expect prices to rise towards 18080 levels being a strong resistance point. Ideally, prices should cap here or before this level for a decline,as the big picture structures remain weak.S1:16720 S2:16380 R1:17350 R2:17750
MCX Copper February: A messy consolidation in progress. Supports are at 159 followed by 155 now. We favor supports to hold for a test of 182 or even higher.Direct fall below 152 to accelerate the fall towards 124.S1: 163 S2: 157 R1: 172 R2:178
MCX Crude Oil Dec : Favoured view expects an upturn near the supports that are located around 2100/2114, 2050 $ lastly 2030.The potential for a rally towards 2257 or 2291 continues to exist. Price has to fall below 2027 to hint at the possibility of some more downside attempts.S1: 2150 S2: 2098 R1: 2257 R2:2310
MCX Lead Dec: As long as 48.0-48.15 levels support , expect prices to move higher towards 50.5-50.75 levels . However a fall below 48.00 would negate this bullish view.S1: 48.50 S2: 47.50 R1: 50.10 R2: 51.70
MCX Zinc Dec: - As long as 54.0-54.25 levels support , expect prices to move higher towards 56.8-57.25 levels .However a fall below 53.80 would negate this bullish view.S1: 54.15 S2: 53.50 R1: 55.90 R2: 57.20
MCX Nickel Dec: As long as 487.0-475.0 levels support , expect prices to move higher towards 532.0-550.0 levels .However a fall below 470.00 would negate this bullish view.S1: 485 S2: 462 R1:525 R2: 550
MCX Natural Gas Dec :- As long as 273.0-269.0 levels support , expect prices to move higher towards 284-290 levels .However a fall below 268 would negate this bullish view.S1: 267 S2: 260 R1: 283 R2: 290
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