Intraday Mcx Trading Sell/Buy Calls 04 March

Gold prices are expected to trade positive, one should buy on dips around 30450 – 30500 with a stop loss below 30300.

Silver prices too are expected to trade positive. One can buy on dips around 47500 maintaining a stop loss below 46800. Trader can buy if sustains above 48100.

Copper price recovered in the second half session. Prices may bounce till 444 – 446. Traders can buy if sustains above 439 with a stop loss below 436.50.

Nickel prices have sustained the support at 900. Prices are expected to head higher one can buy around 910 with a stop loss below 895.

Lead prices have recovered from 130.05 and closed at 131.35, indicating a pullback cannot be denied till 133 -133.50. One can buy if sustains above 131 with a stop loss below 129.80.

Crude oil prices are expected to witness profit taking till 6450 -6440. One can buy on dips maintaining a stop loss below 6390.