Commodity predictions 5 February 2014

Commodity predictions 5 February 2014

MCX commodity premarket reports

MCX GOLD April expiry future last closed at 28,629 with loss. In intraday mcx gold future’s high was at 29,000 while low was at 28,600. Total 400-rupee intraday range and closed with loss. For intraday, mcx gold remain buy with 28,250 as Stop loss and 29,000 as target level.

MCX SILVER March expiry future last closed at 43,565 with loss. In intraday mcx silver future’s high was at 43,913 while low was at 43,405. Total almost 500-rupee intraday range and closed with loss. For intraday, mcx silver is buy with Stop loss 42,800 for target 44,000.

 

 

MCX ALUMINIUM Feb. expiry future last closed at 104.05 with loss. In intraday mcx aluminium, future hit high at 105 while low was at 103.5. Total 1.5-rupee intraday range and closed with gain. For intraday, mcx aluminium future is buy with Stop loss 103 and for target 106.

MCX COPPER Feb. expiry future last closed at 441 with loss. In intraday mcx, copper future made high at 445 while low was at 440. Total 5-rupee intraday range and closed with loss. For intraday mcx, copper future is buy with Stop loss 434 and for target 455.

MCX LEAD Feb. expiry future last closed at 130.65 flat. In intraday mcx lead future’s high was at 133 while low was at 130. Total 3 rupee intraday and closed flat. For intraday mcx, lead future is buy with Stop loss 128 and for target 132.

MCX NICKEL Feb. expiry future last closed at 865 with loss. In intraday mcx nickel future’s high was at 877 while low was at 861. Total 16-rupee intraday range and closed with loss. For intraday mcx nickel, future is buy with Stop loss is 850 and target will be 890.

MCX ZINC Feb. expiry future last closed at 122.2 with loss. In intraday mcx zinc, future hit high at 123.5 while low was at 122. Total 1.5-rupee intraday range and closed with loss. For intraday mcx zinc, future is buy with Stop loss 121 and target is 125.

 

 

MCX CRUDEOIL Feb. expiry future last closed at 6076 with loss. In intraday mcx crude oil, future hit high at 6114 while low was at 6048. Total almost 60 rupee intraday and closed with loss. For intraday mcx crude oil, future is buy with Stop loss 6030 for target 6150.

MCX NATURALGAS Feb. expiry future last closed at 332.3 with gain. In intraday mcx natural gas, future made high at 333 while low was at 312. Total 21-rupee intraday range and closed with gain. For intraday mcx NG, future is buy with Stop loss 320 and for target 345.

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