commodity day trading view 14th October 2013

commodity day trading view 14th October 2013

bullion commodity forecast

mcx gold future on last trading session closed at 28365 with loss.on 10 th October 2013,mcx gold made high at 28794 while low was at 28321.total 500 rupee intraday range and closed with loss.here expect downside upto 27500 on monday with stoploss at 28800.

mcx silver future on last trading session closed at 46891 with loss.on friday silver future made high at 48030 while low was at 46700.total 1300 rupee intraday range and closed with loss as expected.for monday stay short with stoploss 47400 and expect target 46k-45k on downside.

metal commodity forecast

mcx aluminium future on last trading session closed at 113.3 flat.on last session mcx aluminium future made high at 113.95 while low was at 112.35.in intraday almost 2 rupee range and closed flat.here stay short with stoploss 115 and expect target 112-110 on downside.

mcx copper future on last trading session closed at 445.75 with gains.on last trading session mcx copper future made high at 447.75 while low was near 441.total almost 7 rupee intraday range and closed flat positive.here stay short with stoploss 448 and for target 440-434.

mcx lead future on last trading session closed at 126.2 with loss.in intraday mcx lead future made high at 128.25 while low was at 126.2.total 2 rupee intraday range and closed with loss.here stay short with stoploss 128 and for target 125-124 on downside.

mcx nickel future on last trading session closed at 850.9 with gains.in intraday mcx nickel future made high at 856 while low was at 841.total 15 rupee intraday range and closed with gains.here stay short with stoploss 865 and expect target 840-830 on downside.

mcx zinc future on last trading session closed at 115.6 with gains.in intraday mcx zinc future made high at 116 while low was at 114.6.total 1.4 rupee intraday range and closed with gains on bounce back.here stay short with stoploss 117 and for target 114 and below.

energy commodity forecast

mcx crude oil future last trading session closed at 6207 with loss.in intraday mcx crude oil future made high at 6313 while low was at 6174.total 140 rupee intraday range and closed with loss.here with stoploss 6300 keep short view for target 6100-6000 on downside.

mcx natural gas future on last trading session closed at 231 with gains.in intraday mcx natural gas future made high at 232.7 while low was at 229.total 4 rupee intraday range and closed flat.here with stoploss 227 keep long view for target 236-244.

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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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