MCX:
COPPER: Is trading in bullish pattern cmp stands @ 434, If it manage to trade above 437 mark then we may see Copper heading towards 445-451 level in coming days, downside trend will take place only below 429 on closing mode.
ALUMINIUM : Is trading in mid range Cmp stands @ 110.15, it may try to find support near 109 & if it breaks 109 level then we may see 107-106 in coming days,
but if it bounce back from near its support level of 109, then we may see Aluminium heading towards 111-113 mark.
SILVER: Is trading in sharp breakout pattern but for long up move it has to sustain above 55,500 mark which is the strong resistance, It may be too early to reveal near term target of silver on current mode,
But as per our Research Report Silver needs to sustain above 55,500 mark for long up move,our expected target in near term is above 59,000 but only if silver sustain above 55,500 mark.
CRUDE OIL: is trading in bearish pattern as per day trade is Concern, Current Price Stands @ 4330, below 4345 it is in negative zone, we expect it may atleast show 30-40 points of minimum downside below 4330 level, For day trade below 4345 we are negative.