Commodity forecast 10 January 2014

Commodity forecast 10 January 2014

MCX GOLD Feb. expiry future last closed at 28,834 with gain. In intraday mcx gold future’s high was at 28,899 while low was at 28,712. Total 200-rupee intraday range and closed with gain. For intraday, mcx gold remain buy with 28,600 as Stoploss and 29,200 as target levels.

MCX SILVER March expiry future last closed at 44,025 with gain. In intraday mcx silver future’s high was at 44,244 while low was at 43,680. Total almost 600-rupee intraday range and closed with gain. For intraday, mcx silver is buy with Stoploss 43,700 for target 44,900.

MCX ALUMINIUM Jan. expiry future last closed at 107 with loss. In intraday mcx aluminium, future hit high at 108.75 while low was at 107. Total 2-rupee intraday range and closed with loss. For intraday, mcx aluminium future is buy with Stoploss 105 and for target 109.

MCX COPPER Jan. expiry future last closed at 455 with loss. In intraday mcx, copper future made high at 464 while low was at 454. Total 10-rupee intraday range and closed with loss. For intraday mcx, copper future is buy with Stoploss 448 and for target 464.

MCX LEAD Jan. expiry future last closed at 129.75 with loss. In intraday mcx lead future’s high was at 132 while low was at 129.7. Total 2.5 rupee intraday and closed with loss. For intraday mcx, lead future is buy with Stoploss 128 and for target 132-133.

MCX NICKEL Jan. expiry future last closed at 832 with loss. In intraday mcx nickel future’s high was at 840 while low was at 830. Total 10-rupee intraday range and closed with loss. For intraday mcx nickel, future is buy with Stoploss is 820 and target will be 845.

MCX ZINC Jan. expiry future last closed at 124.85 with loss. In intraday mcx zinc, future hit high at 126.75 while low was at 124.65. Total 2-rupee intraday range and closed with loss. For intraday mcx zinc, future is buy with Stoploss 122 and target is 128.

MCX CRUDEOIL Jan. expiry future last closed at 5702 with loss. In intraday mcx crude oil, future hit high at 5784 while low was at 5700. Total almost 84 rupee intraday and closed with loss. For intraday mcx crude oil, future is sell with target 5600 with Stoploss at 5780.

MCX NATURALGAS Jan. expiry future last closed at 252.8 with loss. In intraday mcx natural gas, future made high at 265 while low was at 252. Total 13 rupee intraday range and closed with loss. For intraday mcx NG, future is sell with Stoploss 259 and for target 244-240.

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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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