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MCX Gold likely to consolidate; Silver may re-test Rs 70,000
MCX Crude oil may find support at Rs 6,400; Natural Gas could test Rs 227
Gold tests major hurdle at Rs 56,850; Silver likely to play catch-up
Uptrend in Crude oil capped at Rs 6,760; Pivot for Natural Gas at Rs 285
Gold may take a breather around Rs 56,850; Trading range narrows for Silver
Nifty Auto, Metal indices trading in thin range; here's how to play them
Near support for MCX Crude Oil seen at Rs 6,030; Natural Gas to test Rs 285
Gold to remain bullish above Rs 55,100; Silver may remain volatile
Crude Oil may weaken below Rs 6,340; key support for Natural Gas at Rs 333
Gold may enter short-term corrective phase, test Rs 52,000-level
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Uptrend in Crude oil capped at Rs 6,760; Pivot for Natural Gas at Rs 285

In case Rs 285 holds, Natural Gas futures can potentially rally to Rs 344.

Topics
Crude Oil Prices | Natural gas price | Commodity derivatives

Rex Cano  |  Mumbai 

markets, stock market, brokers, brokerages, sensex, correction, nifty, shares, growth, profit, economy, gain

The MCX Crude Oil futures have pulled back above the 50-DMA after almost two months, sustained trade above the same is the key for further strength. Given the current chart set-up, the commodity is likely to face considerable resistance around the 100-DMA at Rs 6,740 level.

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Read our full coverage on Crude Oil Prices

First Published: Wed, January 18 2023. 10:11 IST

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