Friday, March 24, 2023

24th March view for Commodity and index

Good morning 

Gold open at 1991$ upside touch 2000$ 
A range is possible here for 1970-2000$ 
Above next resistance zone is 2020$ 

If inr (82.2) 
Support and move upside then gold can achieve 60000& 60400 

Enter with small qty. Only  

Downside support and stoploss 58500 

In silver there more room to go currently at 23$ 
Upside major resistance 24$ 

If positionally holding longs then 70200-71600 and 73000 for profit booking 

Downside reversal below 68220 only 

fresh Entry not possible here 


Crude -- crude holding the long setups at 5765;
Weakness again possible below 5730 
Currently at support 

Nifty and BANKNIFTY will touch previous lows again 

For nifty 16950 

BANKNIFTY 39300 & 39160 
(Future price)

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