Intraday commodity view 2 Sep 2014

Intraday commodity view 2 Sep 2014

MCX Bullion Intraday tips

MCX GOLD Oct. expiry future last closed at 27,934 with loss. In intraday mcx gold future’s high was at 27,967 while low was at 27,908. Total 60-rupee intraday range and closed with loss. Above 27,500, keep buy on dips view.

MCX SILVER Sep expiry future last closed at 42000 with loss. In intraday mcx silver future’s high was at 42,288 while low was at 41954. Total almost 400-rupee intraday range and closed with loss. Investors keep accumulating in small quantities.

MCX metal Intraday tips

MCX ALUMINIUM Aug. expiry future last closed at 126.75 with gain. In intraday mcx aluminium, future hit high at 127.35while low was at 126. Total 1.35-rupee intraday range and closed with gain. For intraday below 128 will remain sell on rise.

MCX COPPER Aug expiry future last closed at 429.75 with loss. In intraday mcx, copper future made high at 429 while low was at 426. Total 3-rupee intraday range and closed with loss. Above 422 keep short-term buy and accumulate view.

MCX LEAD Aug. expiry future last closed at 135 with loss. In intraday mcx lead future’s high was at 136.05 while low was at 134.65. Total 1.5-rupee intraday range and closed with loss. Watch 135 medium term support level.

MCX NICKEL Aug. expiry future last closed at 1135 with loss. In intraday mcx nickel future’s high was at 1144 while low was at 1132. Total 12-rupee intraday range and closed with loss. Below 1140, keep bearish view for intraday.

MCX ZINC Aug. expiry future last closed at 142.8 with loss. In intraday mcx zinc, future hit high at 143 while low was at 142. Total 1-rupee intraday range and closed with loss. Above 140 keep buy and accumulate view.

MCX Energy Intraday tips

MCX CRUDEOIL Sep expiry future last closed at 5822 with loss. In intraday mcx crude oil, future hit high at 5828 while low was at 5802. Total almost 26-rupee intraday range and closed with loss. Below 5850, keep short view for intraday.

MCX NATURALGAS Sep expiry future last closed at 248.1 with gain. In intraday mcx natural gas, future made high at 248 while low was at 244. Total 4-rupee intraday range and closed with gain. Above 240, keep long view for short terms.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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