Commodity intraday outlook 21/10/2013

Commodity intraday outlook 21/10/2013

bullion intraday outlook 21/10/2013

mcx gold future on 18th oct closed at 29480 with loss.in intraday mcx gold future made high at 29885 while low was at 29300.total almost 600 rupee range and closed with loss on profit booking.here keep long view and expect target 29800-30000.

mcx silver future on last trading session closed at 48195 with flat gains.in intraday mcx silver future made high at 48666 while low as at 47606.total 1000 rupee intraday range and closed with gains.here keep long view for target 49k-50k on upside.

metals intraday outlook 21/10/2013

mcx aluminium future on last trading session closed at 110.8 with flat loss.in intraday mcx aluminium future made high at 112.25 while low was at 110.65.total almost 2 rupee range and closed with loss.here keep long view for target 112.

mcx copper future on last trading session closed at 448.8 with gains.in intraday mcx copper future made high at 453.95 while low was at 447.7.total 6 rupee intraday range and closed near low.here keep upside target levels at 454-458.

mcx lead future on last trading session closed at 132.2 with gains.in intraday mcx lead future made high at 133.1 while low was at 131.1.total 2 rupee intraday rally and closed with gains.here keep long view for upside target around 135+.

mcx nickel future on last trading session closed at 869.3 with gains.in intraday mcx nickel future made high at 872 while low was at 852.total 20 rupee intraday range and closed with gains.here on upside may show 880-900 levels in short terms.

mcx zinc future on last trading session closed at 116.55 with gains.in intraday mcx zinc future made high at 118 while low was at 115.8.total 2.2 rupee intraday range and closed with gains.here expect targets upto 117-118 in intraday.

energy intraday outlook 21/10/2013

mcx crude oil future last closed at 6192 with gains.intraday high level was 6234 while low was at 6146.total 90 rupee intraday range and closed with gains.here keep sell on rise view for downside target 6000 and below.

mcx natural gas future last closed at 231.1 with gains.in intraday mcx ng future made low at 226 while high was near 232.total 6 rupee intraday range and closed with gains.here below 238 keep sell on rise view.

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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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