MCX SILVER :: Support is crucial at 20295 now. Favored view expects the 20185/20295 to hold for atest of 23380 in the coming sessions. Fall below 19950 to change the picture to bearish. Support: 20505, (20238 bearish), 20008, 19812. Resistance: 20860, 21060, (21385 bullish), 21546.
MCX CRUDE:: Favoured view expects a rise towards 5142 or more probably 5190. Supports are at 4890 & 4860. Break above channel resistance at 5018 should encourage bullish expectation. Bullish view would weaken if price drops below 4758. Support: 4889, (4850 bearish), 4801, 4752. Resistance: 4970, (5026 bullish), 5087, 5127.
MCX GOLD :: As expected in a consolidation mode. 12725-13445 is the broad range now. Only a fall below 12700 could turn the picture bearish. Favored view expects a rally towards 4195levels as long as 12700/12725 holds. Support: 12874, (12836 bearish), 12785, and 12725 Resistance: 12942, 12990, (13038 bullish), 13084.
MCX COPPER :: Resistances will be seen at 321 followed by 324. Direct rise above 326.50 could induce bullish hopes again for a test of 339 levels. However, favored view expects a fall towards 291 levels as long as 324/326.50 caps upside attempts. Support: 315, (312 bearish), 310.25, 308. Resistance: 318.70, 321, (323 bullish), 326.
