Commodity calls 14 may 2014

Commodity calls 14 may 2014

Commodity calls 14 may 2014

MCX Bullion Intraday tips

MCX GOLD June expiry future last closed at 28,486 with loss. In intraday mcx gold future’s high was at 28,650 while low was at 28,450. Total 200-rupee intraday range and closed with loss. Traders expect sharp drop in prices on strong rupee.

MCX SILVER Jul expiry future last closed at 41,895 with loss. In intraday mcx silver future’s high was at 42,200 while low was at 41,750. Total almost 450-rupee intraday range and closed with loss. Traders stay short with strict stop loss of 43k .

 

MCX metal Intraday tips

MCX ALUMINIUM May expiry future last closed at 104.2 with loss. In intraday mcx aluminium, future hit high at 105.55 while low was at 104.05. Total 1.5-rupee intraday range and closed with loss. Stay short for target 102-101 with strict stop loss in place.

MCX COPPER Jun expiry future last closed at 414 with loss. In intraday mcx, copper future made high at 420 while low was at 412. Total 8-rupee intraday range and closed with loss. Expect correction on stronger rupee.

MCX LEAD May expiry future last closed at 125.45 with loss. In intraday mcx lead future’s high was at 127.4 while low was at 125.3. Total 2-rupee intraday range and closed loss. Expect downside up to 123-122.

MCX NICKEL May expiry future last closed at 1244 with loss. In intraday mcx nickel future’s high was at 1279 while low was at 1232. Total 50-rupee intraday range and closed with loss. Below 1140, keep sell on rise view.

MCX ZINC May expiry future last closed at 122.55 with loss. In intraday mcx zinc, future hit high at 125 while low was at 122.5. Total 2.5-rupee intraday range and closed with loss. Below 125.5, keep sell on rise view.

 

MCX Energy Intraday tips

MCX CRUDEOIL May expiry future last closed at 6032 with gain. In intraday mcx crude oil, future hit high at 6060 while low was at 6006. Total almost 60 rupee intraday and closed with gain. Traders below 6100 keep bearish view for deep downside.

MCX NATURALGAS May expiry future last closed at 260.3 with loss. In intraday mcx natural gas, future made high at 267 while low was at 259. Total 8-rupee intraday range and closed with loss. Traders with strict stop loss 265 keep short view for target 248.

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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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