MCX levels for 21 May 2014

MCX levels for 21 May 2014

MCX levels for 21 May 2014

MCX Bullion Intraday tips

MCX GOLD June expiry future last closed at 28,209 with gain. In intraday mcx gold future’s high was at 28,245 while low was at 28,062. Total 200-rupee intraday range and closed with gain. Traders with stop loss below 27,900 follow buy on dips view for technical bounce back.

MCX SILVER Jul expiry future last closed at 41,050 with gain. In intraday mcx silver future’s high was at 41,127 while low was at 40,715. Total almost 450-rupee intraday range and closed with gain. Traders buy and accumulate silver future near 40k for short covering rally.

 

 

MCX metal Intraday tips

MCX ALUMINIUM May expiry future last closed at 102.05 with flat. In intraday mcx aluminium, future hit high at 102.65 while low was at 101.25. Total 1.5-rupee intraday range and closed flat. For now, follow buy on dips view for bounce back up to 104-105.

MCX COPPER Jun expiry future last closed at 410 with loss. In intraday mcx, copper future made high at 414 while low was at 407. Total 7-rupee intraday range and closed with loss. Above 400 rupee, keep buy on dips view.

MCX LEAD May expiry future last closed at 124.25 with loss. In intraday mcx lead future’s high was at 126 while low was at 123.7. Total 2-rupee intraday range and closed loss. Above 123, follow buy on dips view.

MCX NICKEL May expiry future last closed at 1168 with loss. In intraday mcx nickel future’s high was at 1173 while low was at 1136. Total 35-rupee intraday range and closed with loss. Below 1185 stay short for deep downside.

MCX ZINC May expiry future last closed at 122.05 with loss. In intraday mcx zinc, future hit high at 123.1 while low was at 121.6. Total 1.5-rupee intraday range and closed with loss. Above 121, keep long view for intraday.

 

MCX Energy Intraday tips

MCX CRUDEOIL June expiry future last closed at 6017 with gain. In intraday mcx crude oil, future hit high at 6045 while low was at 5986. Total almost 60 rupee intraday and closed with gain. Traders with stop loss 5950 keep buy on dips view for intraday.

MCX NATURALGAS May expiry future last closed at 266 with gain. In intraday mcx natural gas, future made high at 268 while low was at 261. Total 7-rupee intraday range and closed with gain. Traders with strict stop loss below 258 keep long view for intraday.

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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.

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