Commodity forecast for 9 January 2014

Commodity forecast for 9 January 2014

MCX GOLD Feb. expiry future last closed at 28,776 with loss. In intraday mcx gold future’s high was at 28,878 while low was at 28,671. Total 200-rupee intraday range and closed with loss. For intraday, mcx gold remain sell with 28,900 as Stoploss and 28,400 as target levels.

MCX SILVER March expiry future last closed at 43,789 with loss. In intraday mcx silver future’s high was at 44,489 while low was at 43,600. Total almost 900-rupee intraday range and closed with loss. For intraday, mcx silver is sell with Stoploss 44,200 for target 43,000.

MCX ALUMINIUM Jan. expiry future last closed at 108.7 with loss. In intraday mcx aluminium, future hit high at 109.5 while low was at 108.65. Total 1-rupee intraday range and closed with loss. For intraday, mcx aluminium future is sell with Stoploss 110 and for target 105.

MCX COPPER Jan. expiry future last closed at 463.2 with loss. In intraday mcx, copper future made high at 467 while low was at 463. Total 4-rupee intraday range and closed with loss. For intraday mcx, copper future is buy with Stoploss 460 and for target 470.

MCX LEAD Jan. expiry future last closed at 132.2 with loss. In intraday mcx lead future’s high was at 134.25 while low was at 132.2. Total 2 rupee intraday and closed with loss. For intraday mcx, lead future is sell with Stoploss 134 and for target 131-130.

MCX NICKEL Jan. expiry future last closed at 838.5 with loss. In intraday mcx nickel future’s high was at 847 while low was at 837. Total 10-rupee intraday range and closed with loss. For intraday mcx nickel, future is sell with Stoploss is 855 and target will be 820.

MCX ZINC Jan. expiry future last closed at 126.6 with loss. In intraday mcx zinc, future hit high at 128.15 while low was at 126.3. Total 2-rupee intraday range and closed with loss. For intraday mcx zinc, future is sell with Stoploss 128 and target is 124-122.

MCX CRUDEOIL Jan. expiry future last closed at 5793 with loss. In intraday mcx crude oil, future hit high at 5874 while low was at 5783. Total almost 100 rupee intraday and closed with loss. For intraday mcx crude oil, future is sell with targets are 5700 while 5870 is Stoploss.

MCX NATURALGAS Jan. expiry future last closed at 264.8 with loss. In intraday mcx natural gas, future made high at 271 while low was at 264. Total 7-rupee intraday range and closed with loss. For intraday mcx NG, future is buy with Stoploss 260 and for target 272

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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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