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Friday, March 16, 2018
COPPER UPDATES FOR MARCH 16 2018
FRIDAY 11.30 AM IST
MARKET UPDATE
Copper prices fell on Fridays trade as the dollar strengthened
ahead of next weeks FOMC meeting .The markets are expecting
a rate hike for the first time this year .
The market is jittery about the trade wars that could
be started by Trump and this negative bias is weighing on
the prices .
In the Mcx currently trading at Rs 451.40
The levels are as under
Support 1 447.55
Support 2 444.70
Support 3 442.50
Resistance 1 452.20
Resistance 2 454.30
Resistance 3 455.70
We will keep updating
FRIDAY 11.05 AM IST
MARKET UPDATE
Gold prices moved lower on Thursday following a
strengthening in the U S dollar
U S yield moved higher following a stronger than expected
import price report .
Gold in the international market opened higher initally around
$ 1324 and in the evening session tested support at $ 1314 .
This is a crucial support levels for Gold and prices could
recover from here
Supports are seen at $ 1312 / $ 1302 and $ 1293
Resistances seen at $ 1322 , $ 1330 and $1340
TODAYS TRADING LEVRLS IN THE MCX
In the Mcx currently trading at Rs 30240
Resistance seen at Rs 30260 / 30355 and 30470
Supports at Rs 30200/ 30190 and 30045
We will keep updating
We would like to share with our viewers that we have
introduced several packages to suit each one of you ,
We have also created a FACE BOOK GROUP to clear all
your technical queries
CLICK ON THE LINK BELOW TO JOIN THE GROUP
CLICK HERE
We are also available on Whats app \
If you need any trading levels you can ask us there
You can CONNECT with us on WHATS APP at
9840948540
MARKET UPDATE
Copper prices fell on Fridays trade as the dollar strengthened
ahead of next weeks FOMC meeting .The markets are expecting
a rate hike for the first time this year .
The market is jittery about the trade wars that could
be started by Trump and this negative bias is weighing on
the prices .
In the Mcx currently trading at Rs 451.40
The levels are as under
Support 1 447.55
Support 2 444.70
Support 3 442.50
Resistance 1 452.20
Resistance 2 454.30
Resistance 3 455.70
We will keep updating
FRIDAY 11.05 AM IST
MARKET UPDATE
Gold prices moved lower on Thursday following a
strengthening in the U S dollar
U S yield moved higher following a stronger than expected
import price report .
Gold in the international market opened higher initally around
$ 1324 and in the evening session tested support at $ 1314 .
This is a crucial support levels for Gold and prices could
recover from here
Supports are seen at $ 1312 / $ 1302 and $ 1293
Resistances seen at $ 1322 , $ 1330 and $1340
TODAYS TRADING LEVRLS IN THE MCX
In the Mcx currently trading at Rs 30240
Resistance seen at Rs 30260 / 30355 and 30470
Supports at Rs 30200/ 30190 and 30045
We will keep updating
We would like to share with our viewers that we have
introduced several packages to suit each one of you ,
We have also created a FACE BOOK GROUP to clear all
your technical queries
CLICK ON THE LINK BELOW TO JOIN THE GROUP
CLICK HERE
We are also available on Whats app \
If you need any trading levels you can ask us there
You can CONNECT with us on WHATS APP at
9840948540