commodity futures report 30 October 2013
bullion commodity forecast
mcx gold future last closed at 30160 with loss of 598 rupees.in intraday mcx gold future made high at 30966 while low was at 29925.total 1000 rupee intraday range and closed in red as rupee gains and comex gold sees dip.here below 30400 keep bearish view.
mcx silver future last closed at 49479 with loss of 82 rupees.in intraday mcx silver future made high at 49824 while low was at 49060.total almost 800 rupee intraday range and closed with flat loss.here above 48.8k hold long view for target 50-50500+.
metal commodity forecast
mcx aluminium future last closed at 113 with loss of 85 paise.in intraday mcx aluminium future made high at 114.55 while low was at 112.65.total 2 rupee intraday range and closed in red.here keep upside target at 115+.
mcx copper future last closed at 447.65 with gains of 1 rupee.in intraday mcx aluminium future made high at 449.85 while low was at 444.15.total 5 rupee intraday range and closed in green.here keep upside target at 454+.
mcx lead future last closed at 133.55 with loss of 1.5 rupees.in intraday mcx lead future made high at 135.45 while low was at 133.45.total 2 rupee intraday range and closed in red on profit booking.here above 131 keep buy on dips view.
mcx nickel future last closed at 892.5 flat.in intraday mcx nickel future made high at 898 while low was at 890.total 8 rupee intraday range and closed flat.here above 880 keep long view.
mcx zinc future last closed at 118.55 with loss of 60 paise.in intraday mcx zinc future made high at 119.65 while low was at 118.35.here 1 rupee intraday range and closed in red.here above 115 keep buy on dips view.
energy commodity forecast
mcx crude oil future last closed at 6056 with loss of 34 rupees.in intraday mcx crude oil future made high at 6107 while low was at 6042.total almost 60 rupee intraday range and closed in red.here above 5980 keep long view.
mcx natural gas future last closed at 224.6 with loss of 3.2 rupees.in intraday mcx ng future made high at 228.2 while low was at 220.8.total almost 8 rupee intraday range and closed in red.here below 228 kepp short view for target 218-214.