Dalal street winners commodity outlook for 22 June 2016
Mcx gold future closed with loss at 30250. Here 30200 is major support and below it expect deep downside for gold prices. Mcx silver future closed at 41359 with loss. Here 41350 is major support and blow it expect deep downside for this precious metal. Mcx aluminium future almost at my target 110.5 and above it expect 114 as next target of 114. Mcx copper is heading towards my target 320. Mcx lead above 114.9 remain buy for targets 117 and 120. Mcx nickel future is heading for target 626 and above it expect rally up to 680 in medium terms. Mcx zinc future closed at 137.45 and heading towards my targets 140 and 143+. Mcx crude oil closed at 3357 with loss. Correction is seen after last day rally. Here keep long view for targets 3450 and 3550. Mcx natural gas is heading towards my target 195 achieved my given target 186.