Free Commodity tips 5 June 2014

Free Commodity tips 5 June 2014

Free Commodity tips 5 June 2014

MCX Bullion Intraday tips

MCX GOLD Aug expiry future last closed at 25,861 with gain. In intraday mcx gold future’s high was at 25,949 while low was at 25,800. Total 150-rupee intraday range and closed with gain. Traders must follow buy on dips view for big short covering ahead.

MCX SILVER Jul expiry future last closed at 39,832 with gain. In intraday mcx silver future’s high was at 39,953 while low was at 39,708. Total almost 200-rupee intraday range and closed with gain. Long-term investors use 38k to 40k zones for accumulation.

 

MCX metal Intraday tips

MCX ALUMINIUM Jun expiry future last closed at 108.45 with loss. In intraday mcx aluminium, future hit high at 109 while low was at 107.6. Total 1.5-rupee intraday range and closed with loss. Aluminium future above 107-108 will remain bullish and buy on dips

MCX COPPER Jun expiry future last closed at 406.55 with loss. In intraday mcx, copper future made high at 411 while low was at 405. Total 6-rupee intraday range and closed with loss. Below 412, can slips up to 398-395.

MCX LEAD Jun expiry future last closed at 124.55 with loss. In intraday mcx lead future’s high was at 126.25 while low was at 124.35. Total 2 -rupee intraday range and closed with loss. Watch 124 levels as support zone.

MCX NICKEL Jun expiry future last closed at 1137 with gain. In intraday mcx nickel future’s high was at 1142 while low was at 1117. Total 25-rupee intraday range and closed with gain. Traders below 1140 keep bearish view for nickel and se sell on rise strategy.

MCX ZINC Jun expiry future last closed at 123.75 with loss. In intraday mcx zinc, future hit high at 124.3 while low was at 123.1. Total 1-rupee intraday range and closed with loss. Above 122, follow buy and accumulate view for short terms.

 

MCX Energy Intraday tips

MCX CRUDEOIL June expiry future last closed at 6099 with gain. In intraday mcx crude oil, future hit high at 6160 while low was at 6095. Total almost 65-rupee intraday range and closed with gain. Traders with stop loss 6070 keep buy on dips view for intraday.

MCX NATURALGAS June expiry future last closed at 276.2 with gain. In intraday mcx natural gas, future made high at 277 while low was at 272. Total 5-rupee intraday range and closed with gain. Traders above 272 keep long view for target 285-290.

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