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Today’s Tips: MCX Silver, Aluminium, Nickel & CPO

Posted: 25 Oct 2018 09:30 PM PDT

Time to Buy Silver?

Yesterday silver closed at 38615 level in loss of 345 rupees. Today it can hit the following levels: 38520 – 38400.

Aluminium Taking U-Turn?

It’s aluminium reversal time. Before the weekend, we may see 143.6 – 142.6 levels. A detailed report of Aluminium will update soon.

Nickel Trend Analysis

Level 885 is a hurdle. A complete breakout of this level can drop it down up to 876 – 870.

Note: Do not short above hurdle level. More information about nickel will update on market hours for the premium subscribers.

Crude Palm Oil – Intraday Call

Yesterday MCX Crude palm oil (CPO) closed at 578.2 in loss of 8.8 rupees. Today we may see continued selling pressure.

Targets: 574.6 – 572 – 570

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