commodity forecasts for 30 may 2013
free mcx gold silver tips
mcx gold june expiry future last closed at 26620 with gains.in intraday mcx gold future made low at 26382 while high was 26659.total 260 rupee intraday move and sharp recovery in gold prices.for tomorrow buy near support 26550 with stoploss and expect 26800-26900 as upside targets in intraday.
mcx silver jul expiry future last closed at 43675 with gains of almost 1%.in intraday mcx silver future made high at 43789 while low was 43126.total 650 + rupee intraday movement and sharp bullish breakout.here buy near support 43400 with stoploss and expect 43900 to 44100 as intraday targets.
free mcx aluminium-copper-lead-nickel-zinc tips
mcx aluminium may expiry future last closed at 103 with almost 1% gains.in intraday mcx aluminium future made high at 103.35 while low was 101.9.total 1.45 rupee intraday movement and stronger breakout.here buy near support 102.2 with stoploss and expect 104-105.5 as upside targets in intraday.
mcx copper june expiry future last closed at 411.4 with loss.in intraday mcx copper future made high at 413 while low was 408.total 5 rupee intraday movement and consolidation on chart.here buy near support 410 and expect 415-418 as upside targets levels in intraday.
mcx lead may expiry future last closed at 119.55 with gains of 0.5%.in intraday mcx lead future made high at 119.85 while low was 118.15.total 1.7 rupee intraday movement and strong lead with bullish momentum.here buy near support 118 with stoploss and expect 120-121 levels as targets in intraday.
mcx nickel may expiry future last closed at 829.7 with loss.in intraday mcx nickel future made high at 835 while low was 827.total 8 rupee intraday move and consolidation in nickel future.here buy near support 822 with stoploss and expect 835 to 840 levels as intraday targets.
mcx zinc may expiry future last closed at 104.1 with gains of 1%.in intraday mcx zinc future made high at 104.4 while low was 102.6.total 1.8 rupee intraday move and sharp breakout and bullish momentum on chart.for tomorrow buy near support 103 with stoploss and expect 105+ levels in intraday.
free mcx crude oil-natural gas tips
mcx crude oil jun expiry future last closed at 5271 with 1.73% drop.in intraday mcx crude oil future made high at 5363 while low was 5260.total 100+ rupee intraday move and sharp profit booking in crude oil future.here sell near resistance 5310 with stoploss and on downside expect 5250-5210 as intraday targets.
mcx natural gas jun expiry future last closed at 234 with loss.in intraday mcx ng future made high at 238 while low was 232.total 6 rupee move and profit booking continues on chart.here sell near resistance 237 and expect 230-228 as intraday targets on downside.