Commodity predictions 2014 May 28

Commodity predictions 2014 May 28

Commodity predictions 2014 May 28

MCX Bullion Intraday tips

MCX GOLD June expiry future last closed at 26,964 with loss. In intraday mcx gold future’s high was at 27,525 while low was at 26,875. Total 650-rupee intraday range and closed with huge loss. Traders here keep buy and accumulate view for big upside rally.

MCX SILVER Jul expiry future last closed at 40,384 with loss. In intraday mcx silver future’s high was at 41,160 while low was at 40,212. Total almost 950-rupee intraday range and closed with deep loss. Investors use 38k to 40k zones for long-term investment.

 

 

MCX metal Intraday tips

MCX ALUMINIUM May expiry future last closed at 105.25 with gain. In intraday mcx aluminium, future hit high at 105.7 while low was at 104.55. Total 1.5-rupee intraday range and closed with gain. For now, below 107 keep sell on rise view.

MCX COPPER Jun expiry future last closed at 415.4 with loss. In intraday mcx, copper future made high at 417 while low was at 413. Total 4-rupee intraday range and closed with loss. Above 410 rupee, keep buy on dips view.

MCX LEAD May expiry future last closed at 124.95 with loss. In intraday mcx lead future’s high was at 125.6 while low was at 124.7. Total 1-rupee intraday range and closed loss. Below 128, keep short view.

MCX NICKEL May expiry future last closed at 1156 with gain. In intraday mcx nickel future’s high was at 1164 while low was at 1153. Total 11-rupee intraday range and closed with gain. For intraday, above 1140 levels keep long view for nickel future with target 1180.

MCX ZINC May expiry future last closed at 122.85 with gain. In intraday mcx zinc, future hit high at 123.2 while low was at 122.4. Total 1-rupee intraday range and closed with gain. Above 121, follow buy and accumulate view for short terms.

 

MCX Energy Intraday tips

MCX CRUDEOIL June expiry future last closed at 6147 with loss. In intraday mcx crude oil, future hit high at 6186 while low was at 6105. Total almost 80-rupee intraday range and closed with loss. Traders below 6220 keep short view for intraday.

MCX NATURALGAS June expiry future last closed at 265.5 with gain. In intraday mcx natural gas, future made high at 266 while low was at 257.9. Total 8-rupee intraday range and closed with gain. Traders above 260 keep buy on dips view for target 270-274.

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The Author

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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