MCX Muhurat Trading tips 2013
bullion commodity technical report
mcx gold future last closed at 29825 with gains of 32 rupees.in intraday mcx gold future made high at 30075 while low was at 29733.total 350 points intraday range and closed with gains.here on muhurat trading expect some correction.
mcx silver future last closed at 48705 with gains of 274 rupees.in intraday mcx silver future made high at 48919 while low was at 48200.total 700 rupee intraday range and closed with gains.here keep sell on rise view.only rupee factors may change current trend of precious metals.
metal commodity technical report
mcx aluminium future last closed at 113.65 with loss of 20 paise.in intraday mcx aluminium future made high at 115.1 while low was at 113.55.total 1.5 rupee intraday range and closed with loss.here keep long view for target 115+.
mcx copper future last closed at 455.95 with gains of 3.45 rupees.in intraday mcx copper future made high at 457.95 while low was at 452.total 6 rupee intraday range and closed with gains and achieved 454-458 targets.here keep buy on dips view.
mcx lead future last closed at 136.1 with gains of 1.25 rupees.in intraday mcx lead future made high at 136.95 while low was at 135.2.total 1.7 rupee intraday range and closed with gains.here expect upside target of 138.
mcx nickel future last closed at 908.8 with gains of 2.9 rupees.in intraday mcx nickel future made high at 915 while low was at 906.total 9 rupee intraday range and closed with gains.here above 880 keep buy on dips view.
mcx zinc future last closed at 119.9 with loss of 10 paise.in intraday mcx zinc future made high at 121.3 while low was at 119.85.total 1.5 rupee intraday range and closed with loss.here expect target 122+.
energy commodity technical report
mcx crude oil future last closed at 5934 with loss of 64 rupees.in intraday mcx crude oil future made high at 6014 while low as at 5925.total 90 rupee intraday range and closed with loss.here looks oversold and expect short covering rally.
mcx natural gas future last closed at 221.1 with loss of 1.9 rupee.in intraday mcx ng future made high at 222.7 while low was at 219.7.total 3 rupee intraday range and closed with loss as expected.below 228 follow sell on rise view.