free mcx tips for 17 may 2013
free mcx gold silver tips
mcx gold june expiry future last closed at 26103 with loss.in intraday mcx gold future made low at 25860 while high was 26222.total 400 points intraday volatility and recovery from bottom.our given target of 25900 achieved here which is support for now.for tomorrow buy above 26250 levels only for target 26400-26500.below that remain on sell side.overall trend is down and we may see new low here in upcoming time.
mcx silver jul expiry future last closed at 43217 with loss.in intraday mcx silver future made high at 43381 while low was 42281.total almost 1100 points intraday volatility and recovery from bottom.for tomorrow above 43200 hold long view for intraday
free mcx aluminium-copper-lead-nickel-zinc tips
mcx aluminium may expiry future last closed at 100.6 with gains.in intraday mcx aluminium future made high at 100.75 while low was 99.75.here above 100 hold long view and expect 101.5 to 102 as intraday targets.below 100 level 99-98 as possible downside targets.
mcx copper june expiry future last closed at 400.25 with gains.in intraday mcx copper future made high at 410.8 while low was 393.total 9 rupee move and recovery from bottom.here above 398 hold long view for targets 405-408.below 398 keep targets at 393-388.
mcx lead may expiry future last closed at 109.25 with gains.in intraday mcx lead future made high at 109.3 while low was 106.85.total 2+ rupee move and strong recovery.here on intraday looks overbought and expect some correction.
mcx nickel may expiry future last closed at 814.9 flat negative.here in intraday we seen highs near 820 while low was 811.on chart showing consolidation and above 816 expect breakout and rally upto 825-830 levels.on downside 806 and 790 are major supports for traders.
mcx zinc may expiry future last closed at 99.45 flat.in intraday mcx zinc future made high at 99.9 while low was 98.65.total 1.5 rupee move and consolidation.here above 99 hold long view and expect 100-101 levels as targets.
free mcx crude oil-natural gas tips
mcx crude oil may expiry future last closed at 5209 with almost 1% gains.in intraday mcx crude oil future made lows at 5118 while high was 5222.total 100+ points rally and strong momentum.for intraday above 5180 hold long view and expect 5255 to 5300 as intraday target.below 5180 correction may show 5100-5070 on downside.
mcx natural gas may expiry future last closed at 215 with almost 4% down.in intraday mcx natural gas made high at 224.7 while low was near 214.total 10+ rupee move and sharp profit booking.here expect 210-208 in intraday while follow 220 as stoploss for intraday.