MCX Commodity Market Trends 6-MAY
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GOLD (5 JUN.) TREND: CONSOLIDATE
RES 1: 29100
RES 2: 29300
SUPP 1: 28800
SUPP 2: 28600
STRATEGY: BUY ON DIPS
RES 1: 29100
RES 2: 29300
SUPP 1: 28800
SUPP 2: 28600
STRATEGY: BUY ON DIPS
SILVER (5 JULY.) TREND: CONSOLIDATE
RES 1: 43000
RES 2: 43300
SUPP 1: 42200
SUPP 2: 42000
STRATEGY: BUY ON DIPS
RES 1: 43000
RES 2: 43300
SUPP 1: 42200
SUPP 2: 42000
STRATEGY: BUY ON DIPS
CRUDEOIL (19 MAY.) TREND: BEARISH
RES 1: 6000
RES 2: 6050
SUPP 1: 5930
SUPP 2: 5890
STRATEGY: SELL ON HIGH
RES 1: 6000
RES 2: 6050
SUPP 1: 5930
SUPP 2: 5890
STRATEGY: SELL ON HIGH
COPPER (30 JUN.) TREND: CONSOLIDATE
RES 1: 412.50
RES 2: 415
SUPP 1: 406
SUPP 2: 403
STRATEGY: SELL ON HIGH
RES 1: 412.50
RES 2: 415
SUPP 1: 406
SUPP 2: 403
STRATEGY: SELL ON HIGH
LEAD (30 MAY.) TREND: CONSOLIDATE
RES 1: 127.50
RES 2: 128.50
SUPP 1: 124.50
SUPP 2: 123.50
STRATEGY: SELL ON HIGH
RES 1: 127.50
RES 2: 128.50
SUPP 1: 124.50
SUPP 2: 123.50
STRATEGY: SELL ON HIGH
ZINC (30 MAY.) TREND: CONSOLIDATE
RES 1: 125.00
RES 2: 126.00
SUPP 1: 121.50
SUPP 2: 120.50
STRATEGY: SELL ON HIGH
RES 1: 125.00
RES 2: 126.00
SUPP 1: 121.50
SUPP 2: 120.50
STRATEGY: SELL ON HIGH
ALUMINIUM (30 MAY.) TREND: CONSOLIDATE
RES 1: 107.50
RES 2: 108.50
SUPP 1: 105.00
SUPP 2: 104.00
STRATEGY: SELL ON HIGH
RES 1: 107.50
RES 2: 108.50
SUPP 1: 105.00
SUPP 2: 104.00
STRATEGY: SELL ON HIGH
NICKEL (30 MAY.) TREND: BULLISH
RES 1: 1105.00
RES 2: 1112.00
SUPP 1: 1090.00
SUPP 2: 1084.00
STRATEGY: BUY ON DIPS
RES 1: 1105.00
RES 2: 1112.00
SUPP 1: 1090.00
SUPP 2: 1084.00
STRATEGY: BUY ON DIPS
NATURAL GAS (27 MAY.) TREND: CONSOLIDATE
RES 1: 286.50
RES 2: 290.50
SUPP 1: 279
SUPP: 275
STRATEGY: SELL ON HIGH
RES 1: 286.50
RES 2: 290.50
SUPP 1: 279
SUPP: 275
STRATEGY: SELL ON HIGH
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Crude Oil February and Brent Oil March series are down 0.2-0.3 percent each at $ 53.15 and $ 56.30 a barrel, respectively.
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