MCX Metals Market Update for 27th July 2021

By: Admin
44758

Insignia Consultants

New Delhi

Tuesday, July 27, 2021 TIME 10:45 AM IST                                     

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MCX Metals Market Update for 27th July 2021

MCX Bulldex August Daily Technical View (current market price: 14520.00)

  1. Bulldex needs to trade over 14585 to be in an intraday bullish zone and rise to 14716 and 14851.
  2. There will be sellers on rise as long as Bulldex does not break 14585.
  3. I prefer to sell bullex August if it trades below 14460 stop loss 14505 for 14396 and 14200.

MCX Metldex August Daily Technical View (Current Market Price: 15917.00)

  1. Key resistance is at 16025. There will be a technical breakout if Metldex breaks and trades over 16025 to 16167 and 16466.
  2. Intraday bearish trend will be there only if metldex trades below 15859 to 15747 and 15563.
  3. I prefer to Sell metldex @16200 stop 16332 for 15717.

MCX Zinc August Daily Technical View (Current Market Price: 246.30)

  1. MCX Zinc August needs to trade over 244.20 to rise to 252.40
  2. There will be a sellers only if zinc trades below 244.20 to 243.10 and 240.90

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading.Website www.insigniaconsultants.in. Prepared by Chintan Karnani. Customer care, whatsapp/telegram 9311139549

Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report. A

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

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