Intraday Commodity view for 3 sep 2014

Intraday Commodity view for 3 sep 2014

MCX Bullion Intraday tips

MCX GOLD Oct. expiry future last closed at 27,545 with heavy loss. In intraday mcx gold future’s high was at 27,883 while low was at 27,534. Total 350-rupee intraday range and closed with loss. On downside 27,500 is major support below it expecting downside up to 26,900.

MCX SILVER Sep expiry future last closed at 41590 with loss. In intraday mcx silver future’s high was at 42,221 while low was at 41515. Total almost 700-rupee intraday range and closed with loss. Long-term investors must hop and use this fall as investing opportunities.

MCX metal Intraday tips

MCX ALUMINIUM Sep. expiry future last closed at 127.3 with gain. In intraday mcx aluminium, future hit high at 128 while low was at 126.8. Total 1.2-rupee intraday range and closed with gain. For intraday traders keep long view with stop loss below 126 rupees.

MCX COPPER Nov. expiry future last closed at 428.75 with gain. In intraday mcx, copper future made high at 431 while low was at 428. Total 3-rupee intraday range and closed with gain. Stay long with stop loss below 426.

MCX LEAD Sep. expiry future last closed at 135.55 with gain. In intraday mcx lead future’s high was at 136.5 while low was at 135.25. Total 1.25-rupee intraday range and closed with gain. Above 135 rupee, keep buy on dips view.

MCX NICKEL Sep. expiry future last closed at 1126 with loss. In intraday mcx nickel future’s high was at 1139 while low was at 1125. Total 14-rupee intraday range and closed with loss. Stay short with stop loss above 1134.

MCX ZINC Sep. expiry future last closed at 144.5 with gain. In intraday mcx zinc, future hit high at 145.15 while low was at 142.95. Total 1-rupee intraday range and closed with gain. Above 142 keep buy and accumulate view for intraday.

MCX Energy Intraday tips

MCX CRUDEOIL Sep expiry future last closed at 5668 with loss. In intraday mcx crude oil, future hit high at 5834 while low was at 5634. Total almost 200-rupee intraday range and closed with loss. Below 5600, expect 5300 as next downside target.

MCX NATURALGAS Sep expiry future last closed at 238.2 with loss. In intraday mcx natural gas, future made high at 247 while low was at 237. Total 10-rupee intraday range and closed with loss. Long-term investors must buy in 225 to 232 zones.

Read More :

The Author

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.
COPYRIGHT © 2017. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy       

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.