Mcx commodity forecasts 9 Sep 2014

Mcx commodity forecasts 9 Sep 2014

MCX Bullion Intraday tips

MCX GOLD Oct. expiry future last closed at 27,228 with loss. In intraday mcx gold future’s high was at 27,480 while low was at 27,132. Total 350-rupee intraday range and closed with loss. Look like gold heading for fresh lows.

MCX SILVER Dec. expiry future last closed at 41,833 with loss. In intraday mcx silver future’s high was at 42,376 while low was at 41,640. Total almost 700-rupee intraday range and closed with loss. Long-term investors must hop and use major falls as investing opportunities.

MCX metal Intraday tips

MCX ALUMINIUM Sep. expiry future last closed at 126.1 with gain. In intraday mcx aluminium, future hit high at 126.7 while low was at 125.35. Total 2-rupee intraday range and closed with gain. For intraday traders keep long view with stop loss below 125 rupees.

MCX COPPER Nov. expiry future last closed at 429.6 with gain. In intraday mcx, copper future made high at 432 while low was at 426. Total 6-rupee intraday range and closed with gain. Stay long with stop loss below 422.

MCX LEAD Sep. expiry future last closed at 132.6 with loss. In intraday mcx lead future’s high was at 133.8 while low was at 132.6. Total 1-rupee intraday range and closed with loss. Above 131 rupee, keep buy on dips view.

MCX NICKEL Sep. expiry future last closed at 1203 with gain. In intraday mcx nickel future’s high was at 1204 while low was at 1176. Total 28-rupee intraday range and closed with gain. Stay long with stop loss 1180.

MCX ZINC Sep. expiry future last closed at 144.3 with loss. In intraday mcx zinc, future hit high at 145.2 while low was at 143.65. Total 2-rupee intraday range and closed with loss. Above 143 keep buy and accumulate view for intraday.

MCX Energy Intraday tips

MCX CRUDEOIL Sep expiry future last closed at 5590 with loss. In intraday mcx crude oil, future hit high at 5656 while low was at 5550. Total almost 105-rupee intraday range and closed with loss. Stay short with stop loss 5650.

MCX NATURALGAS Sep expiry future last closed at 235.1 with gain. In intraday mcx natural gas, future made high at 235 while low was at 228. Total 7-rupee intraday range and closed with gain. Long-term investors must buy in 225 to 232 zones.

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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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