Commodity alerts for 20 May 2014

Commodity alerts for 20 May 2014

Commodity alerts for 20 May 2014

MCX Bullion Intraday tips

MCX GOLD June expiry future last closed at 28,162 with gain. In intraday mcx gold future’s high was at 28,299 while low was at 28,030. Total 300-rupee intraday range and closed with gain. Traders with stop loss below 27,900 follow buy on dips view for technical bounce back.

MCX SILVER Jul expiry future last closed at 40,890 with loss. In intraday mcx silver future’s high was at 41,445 while low was at 40,780. Total almost 700-rupee intraday range and closed with loss. Traders buy and accumulate silver future near 40k for short covering rally.

 

MCX metal Intraday tips

MCX ALUMINIUM May expiry future last closed at 102.05 with flat. In intraday mcx aluminium, future hit high at 102.55 while low was at 101.6. Total 1-rupee intraday range and closed flat. For now, follow buy on dips view for bounce back up to 104-105.

MCX COPPER Jun expiry future last closed at 412 with gain. In intraday mcx, copper future made high at 414 while low was at 410. Total 4-rupee intraday range and closed with gain. Above 400 rupee, keep buy on dips view.

MCX LEAD May expiry future last closed at 125.15 with gain. In intraday mcx lead future’s high was at 125.3 while low was at 124.25. Total 1-rupee intraday range and closed gain. Above 123, follow buy on dips view.

MCX NICKEL May expiry future last closed at 1184 with gain. In intraday mcx nickel future’s high was at 1185 while low was at 1124. Total 60-rupee intraday range and closed with gain. Above 1180, keep long view for intraday.

MCX ZINC May expiry future last closed at 122.25 with gain. In intraday mcx zinc, future hit high at 122.5 while low was at 121. Total 1.5-rupee intraday range and closed with gain. Above 121, keep long view for intraday.

 

MCX Energy Intraday tips

MCX CRUDEOIL June expiry future last closed at 6013 with gain. In intraday mcx crude oil, future hit high at 6040 while low was at 5964. Total almost 75 rupee intraday and closed with gain. Traders with stop loss 5950 keep buy on dips view for intraday.

MCX NATURALGAS May expiry future last closed at 263.5 with gain. In intraday mcx natural gas, future made high at 264 while low was at 258. Total 6-rupee intraday range and closed with gain. Traders with strict stop loss below 254 keep long view for intraday.

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The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.

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