free mcx tips for 8 may 2013
free mcx gold silver tips
mcx gold june expiry future last closed at 26718 with heavy loss of almost 1.5%.in intraday mcx gold future made high at 27050 while low was 26600.total 450 rupee intraday volatility and fresh selling in gold.here below 26800 hold sell on rise view and expect 26400-26150 as intraday target zones on downside.
mcx silver jul expiry future last closed at 44887 with loss of 0.62%.in intraday mcx silver future made high at 45031 while low was 44180.total almost 850 points volatility and profit booking of last technical bounce back rally.here below 45k hold selling view and expect 44600 to 44000 as intraday downside targets for tomorrow.
free mcx aluminium-copper-lead-nickel-zinc tips
mcx aluminium may expiry future last closed at 101.05 with flat gains.in intraday mcx aluminium future made high at 101.65 while low was 99.9.total 1.75 rupee intraday movement and heavy volatility.here above 100.5 hold long view and upside targets of 102-103 still looks achievable.
mcx copper june expiry future last closed at 396.55 flat negative.in intraday mcx copper future made high at 399 while low was 392.total 7 rupee move and heavy volatility and recovery in copper future.here closed at support so above 396 only buying suggested for targets 400-405.below that 392-388 remain downside targets.
mcx lead may expiry future last closed at 109.7 with 0.63% loss.in intraday mcx lead future made high at 110.65 while low was 108.6.heavy volatility and some profit booking in technical bounce back rally.here below 110 outlook remain negative but indicators given fresh buy signal so buy above 110 only for 112-113 as upside targets in intraday.
mcx nickel may expiry future last closed at 822.2 with gains.here in intraday we seen low at 809 while mcx nickel future intraday high was 822 and closed at it.for tomorrow above 817 zone hold long view and expect 828 and then 835 as upside targets.below 817 must exit all longs.
mcx zinc may expiry future last closed at 100.55 with loss.in intraday mcx zinc future made high at 101.65 while low was 99.6.total 1.75 rupee volatility and profit booking in zinc prices.here below 102.2 hold sell on rise view and expect 100-98 as downside target zones.
free mcx crude oil-natural gas tips
mcx crude oil may expiry future last closed at 5162 with loss.in intraday mcx crude oil future made high at 5208 while intraday low point was 5142.here below 5185 hold sell view and expect correction upto 5100-5080 support zones.closing below 5045 may trigger positional sell call.
mcx natural gas may expiry future last closed at 213 with loss of almost 2%.in intraday mcx natural gas future made high at 217 while low was 212.5.here look like sellers furious over selling and trending towards major supports for tomorrow below 216 hold sell on rise view and expect 208 to 205 as downside targets.