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Precious metals are likely to trade with positive bias. However international market has seen a weak opening in bullion metals.

Nymex Crude has slipped nearly 0.755 so domestic market may run negative on this concern. So below the level of 4600, Crude may decline to 4550 level but a trade above 4655 can invite positive momentum also.

Base metals are trading higher today. Leads, Zinc nickel and copper has started off the day with green mark. Copper is expected to trade sideways with positive bias Breaching the resistance level of 414.50 can bring prices up to 416-418 level.

MCX Tips for Today-

Buy Silver Above 55150 TG- 55350-55500-55800 Stoploss below 54900


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