Free MCX tips 4 June 2014

Free MCX tips 4 June 2014

Free MCX tips 4 June 2014

MCX Bullion Intraday tips

MCX GOLD Aug expiry future last closed at 25,811 with gain. In intraday mcx gold future’s high was at 25,900 while low was at 25,680. Total 200-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 39,791 with gain. In intraday mcx silver future’s high was at 40,050 while low was at 39,633. Total almost 400-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 109.25 with gain. In intraday mcx aluminium, future hit high at 109.7 while low was at 108.15. Total 1.5-rupee intraday range and closed with gain. Aluminium future is heading for target 110.5 and above.

MCX COPPER Jun expiry future last closed at 412.85 with loss. In intraday mcx, copper future made high at 415.5 while low was at 411.7. Total 3.5-rupee intraday range and closed with loss. Above 410 rupee, keep buy on dips view.

MCX LEAD Jun expiry future last closed at 126.4 with gain. In intraday mcx lead future’s high was at 127 while low was at 124.4. Total 2.5 -rupee intraday range and closed with gain. Above 127, expect another fresh breakout for target 133.

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MCX NICKEL Jun expiry future last closed at 1130 with loss. In intraday mcx nickel future’s high was at 1155 while low was at 1129. Total 26-rupee intraday range and closed with loss. Traders below 1140 keep bearish view for nickel and se sell on rise strategy.

MCX ZINC Jun expiry future last closed at 124.4 with gain. In intraday mcx zinc, future hit high at 124.65 while low was at 123.3. Total 1-rupee intraday range and closed with gain. Above 122, follow buy and accumulate view for short terms.

 

MCX Energy Intraday tips

MCX CRUDEOIL June expiry future last closed at 6096 with gain. In intraday mcx crude oil, future hit high at 6112 while low was at 6075. Total almost 37-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 275.9 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 for intraday above 272 rupee level, keep long view for targets 284-285.

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