Commodity report 2 July 2014

Commodity report 2 July 2014

Commodity report 2 July 2014

MCX Bullion Intraday tips

MCX GOLD Aug expiry future last closed at 27,764 with loss. In intraday mcx gold future’s high was at 27,940 while low was at 27,730. Total 200-rupee intraday range and closed with loss. Expect correction ahead.

MCX SILVER Jul expiry future last closed at 44,358 with gain. In intraday mcx silver future’s high was at 44,768 while low was at 44,236. Total almost 500-rupee intraday range and closed with gain. above 44k keep long view for intraday.

 

MCX metal Intraday tips

MCX ALUMINIUM July expiry future last closed at 112.2 with loss. In intraday mcx aluminium, future hit high at 113.45 while low was at 111.85. Total 1.5-rupee intraday range and closed with loss. Aluminium future above 110.5 will remain buy on dips.

MCX COPPER Aug expiry future last closed at 427.4 with loss. In intraday mcx, copper future made high at 430 while low was at 427. Total 3-rupee intraday range and closed with loss. Copper above 424 remain buy.

MCX LEAD July expiry future last closed at 128.75 with loss. In intraday mcx lead future’s high was at 130.95 while low was at 128.7. Total 2 -rupee intraday range and closed with loss. Above 127, expect another fresh breakout for target 133.

MCX NICKEL July expiry future last closed at 1148 with gain. In intraday mcx nickel future’s high was at 1155 while low was at 1136. Total 19-rupee intraday range and closed with gain. Traders above 1140 keep buy on dips view.

MCX ZINC July expiry future last closed at 131.05 with loss. In intraday mcx zinc, future hit high at 133.8 while low was at 130.95. Total 3-rupee intraday range and closed with loss. Above 127, follow buy and accumulate view for short terms.

 

MCX Energy Intraday tips

MCX CRUDEOIL Jul expiry future last closed at 6308 with loss. In intraday mcx crude oil, future hit high at 6395 while low was at 6289. Total almost 100-rupee intraday range and closed with loss. Traders with stop loss 6250 keep buy on dips view for intraday.

MCX NATURALGAS July expiry future last closed at 269.9 with loss. In intraday mcx natural gas, future made high at 270 while low was at 265. Total 5-rupee intraday range and closed with loss. Investors above 265 keep buy and accumulate view here.

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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