Commodity forecast 21 January 2014

Commodity forecast 21 January 2014

MCX GOLD Feb. expiry future last closed at 29,306 with gain. In intraday mcx gold future’s high was at 29,390 while low was at 29,288. Total 100-rupee intraday range and closed with gain. For intraday, mcx gold remain buy with 29,200 as Stop loss and 29,650 as target level.

MCX SILVER March expiry future last closed at 45,074 with loss. In intraday mcx silver future’s high was at 45,265 while low was at 44,983. Total almost 300-rupee intraday range and closed with loss. For intraday, mcx silver is buy with Stop loss 44,800 for target 46,000.

MCX ALUMINIUM Jan. expiry future last closed at 109 with loss. In intraday mcx aluminium, future hit high at 110.2 while low was at 109. Total 1-rupee intraday range and closed with loss. For intraday, mcx aluminium future is sell with Stop loss 111 and for target 108.

MCX COPPER Jan. expiry future last closed at 456.8 with loss. In intraday mcx, copper future made high at 459 while low was at 456. Total 3-rupee intraday range and closed with loss. For intraday mcx, copper future is sell with Stop loss 462 and for target 450.

MCX LEAD Jan. expiry future last closed at 134.5 with loss. In intraday mcx lead future’s high was at 135.75 while low was at 134.5. Total 1 rupee intraday and closed with gain. For intraday mcx, lead future is buy with Stop loss 134 and for target 137.

MCX NICKEL Jan. expiry future last closed at 895.7 with loss. In intraday mcx nickel future’s high was at 896 while low was at 881. Total 15-rupee intraday range and closed with loss. For intraday mcx nickel, future is buy with Stop loss is 880 and target will be 910.

MCX ZINC Jan. expiry future last closed at 128 with loss. In intraday mcx zinc, future hit high at 128.65 while low was at 127.6. Total 1-rupee intraday range and closed with loss. For intraday mcx zinc, future is buy with Stop loss 125 and target is 130.

MCX CRUDEOIL Feb. expiry future last closed at 5806 with loss. In intraday mcx crude oil, future hit high at 5838 while low was at 5800. Total almost 38 rupee intraday and closed with loss. For intraday mcx crude oil, future is buy with Stop loss 5780 for target 5900.

MCX NATURALGAS Jan. expiry future last closed at 262.8 with loss. In intraday mcx natural gas, future made high at 265 while low was at 261. Total 4-rupee intraday range and closed with loss. For intraday mcx NG, future is sell with Stop loss 267 and for target 250.

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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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