SHUBHLAXMI NCDEX

The analysis of the daily chart of MCX Lead reveals bullish developments. The base metal is forming a bullish price pattern called inverted head and shoulders pattern. The rise from 72.55 to 84.85 wa...

The analysis of MCX Nickel’s daily chart shows that the move from 823.6 to 952 was a five-wave advance. As per Elliott wave principle, a five-wave advance is followed by a three-wave correction and a...

MCX Gold on the daily chart has formed a triangular consolidation pattern. Every dip in the consolidation has taken support near the middle Bollinger Band and the 21 daily exponential moving average (...

Copper is forming an ending diagonal on the daily chart.In the last trading session, the metal has closed above the upper end of the pattern as well as above its 50DEMA. The daily MACD has formed a hi...

As can be observed from the daily chart, MCX Lead is falling in a downward channel. At the low of 72.55, it took support at the lower end of the channel. The next destination for the base metal is th...