free mcx tips for 15 may 2013
free mcx bullion tips
mcx gold june expiry future last closed at 26708 with loss of over half percentage.in intraday mcx gold future made high at 26918 while low was 26652.total 300 points intraday range and reversal in gold future.here after breakout unable to hold it now trend is down and below 26800 keep short view for target 26600-26500 in intraday.
mcx silver jul expiry future last closed at 44548 with loss of 1.26%.in intraday mcx silver future made high at 45088 while low was 44152.total 800+ points intraday movement and weak silver with downtrend.for tomorrow below 4490 hold sell on rise view and expect 43500-43000 levels as intraday targets.
free mcx base metal tips
mcx aluminium may expiry future last closed at 101 with loss of 0.69%.in intraday mcx aluminium future made high at 101.7 while low was 100.55.here trend is down but momentum strong so above 100 rupee mark hold long view for targets 102-103.
mcx copper june expiry future last closed at 399.65 with loss of 2.19%.in intraday mcx copper future made high at 407.8 while low was 398.2.total almost 10 rupee move and weaker copper on fundamental news.for tomorrow above 398 hold technical bounce back view upto 404-405.if breaks 398 then expect another 1-2% downside.
mcx lead may expiry future last closed at 108.1 with 1.77% drop.in intraday mcx lead future made high at 109.65 while low was 107.75.total almost 2 rupee move and weaker lead future prices.here below 109.5 now hold sell on rise view and expect 106-105 as downside targets.
mcx nickel may expiry future last closed at 827 with loss of 1.68%.in intraday mcx nickel future made high at 840 while low was near 826.total 14 rupee move and weaker nickel as expected.for tomorrow below 832 hold sell view and expect downside intraday targets at 820-815.
mcx zinc may expiry future last closed at 100.2 with loss of 1.18%.in intraday mcx zinc future made high at 101.2 while low was 99.95.total 1+ rupee intraday move and weak zinc future.for tomorrow below 101.5 hold short view and expect 99-98 as downside intraday targets.
free mcx energy tips
mcx crude oil may expiry future last closed at 5191 with loss of 0.88%.in intraday mcx crude oil future made high at 5228 while low was 5175.total 50 + rupee move and now downtrend for crude oil future.for tomorrow below 5220 hold short view and expect 5140-5100 as intraday target levels.
mcx natural gas may expiry future last closed at 219.5 with gains of 2%.in intraday mcx natural gas future made low at 214.5 while high was 219.7.total 5.5 rupee move and bounce back rally on short covering from oversold zone.here above 216 hold buy on dips view and expect 223-224 as upside intraday targets.