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Commodity forecast 26 December 2013

 Commodity forecast 26 December 2013

MCX GOLD Feb. expiry future last closed at 28,454 with gain. In intraday mcx gold future’s high was at 28,480 while low was at 28,282. Total 200-rupee intraday range and closed with gain. For intraday, mcx gold remain sell with 28,800 as Stoploss and 28,400-28,200 are target levels.

MCX SILVER March expiry future last closed at 43,992 with gain. In intraday mcx silver future’s high was at 44,150 while low was at 43,709. Total almost 450-rupee intraday range and closed with gain. For intraday, mcx silver is sell with Stoploss 44,600 for target 43,600.

MCX ALUMINIUM Dec. expiry future last closed at 107.45 with gain. In intraday mcx aluminium, future hit high at 108.45 while low was at 106.2. Total 2-rupee intraday range and closed with gain. For intraday, mcx aluminium future is buy with Stoploss 105 and for target 109.

MCX COPPER Feb. expiry future last closed at 465.8 with gain. In intraday mcx, copper future made high at 473.5 while low was at 457.8. Total 16-rupee intraday range and closed with gain. For intraday mcx, copper future is buy with Stoploss 458 and for target 475.

MCX LEAD Dec. expiry future last closed at 142.35 with gain. In intraday mcx lead future’s high was at 144.65 while low was at 136.65. Total 8 rupee intraday and closed with gain. For intraday mcx, lead future is buy with Stoploss 139 and for target 145.5.

MCX NICKEL Dec. expiry future last closed at 874.7 with loss. In intraday mcx nickel future’s high was at 889.7 while low was at 871. Total 18-rupee intraday range and closed with loss. For intraday mcx nickel, future is buy with Stoploss is 860 and target will be 895.

MCX ZINC Dec. expiry future last closed at 133.05 with gain. In intraday mcx zinc, future hit high at 135.3 while low was at 127.5. Total 8-rupee intraday range and closed with gain. For intraday mcx zinc, future is buy with Stoploss 131 and target is 136.

MCX CRUDEOIL Jan. expiry future last closed at 6160 with gain. In intraday mcx crude oil, future hit high at 6174 while low was at 6130. Total almost 44 rupee intraday and closed with gain. For intraday mcx crude oil, future is buy with targets are 6250+ while 6080 is Stoploss on downside.

MCX NATURALGAS Jan. expiry future last closed at 278.1 with loss. In intraday mcx natural gas, future made high at 282 while low was at 275. Total 7-rupee intraday range and closed with loss. For intraday mcx NG, future is sell with Stoploss 284 and for target 270-265.

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The Author

Pramod Baviskar

Professional Financial Market Trader and Adviser Working since 2007 Developer of Trade-master™,Future-master™,Option-master™ and Now Signal-Pro™(Professional Trading system for Amibroker software) Working and Developing Auto-trading robots for various Financial Market. Follow Me on : Facebook-Twitter-Google-YouTube-Pinterest

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