MCX predictions 12 Nov 2014

MCX predictions 12 Nov 2014

MCX Bullion view

MCX GOLD Dec. expiry future last closed at 25777 with gain. In intraday mcx gold future’s high was at 25878 while low was at 25433. Total 500-rupee intraday range and closed with gain. For intraday stay long with strict stop loss below 25500.

MCX SILVER Dec. expiry future last closed at 34827 with gain. In intraday mcx silver future’s high was at 34940 while low was at 34287. Total almost 700-rupee intraday range and closed with gain. Expect upside up to 35500.

MCX metal view

MCX ALUMINIUM Nov. expiry future last closed at 126.85 with gain. In intraday mcx aluminium, future hit high at 126 while low was at 124. Total 2-rupee intraday range and closed with gain. For intraday stay long with strict stop loss below 125.

MCX COPPER Nov. expiry future last closed at 412.9 with gain. In intraday mcx, copper future made high at 413 while low was at 407. Total 6-rupee intraday range and closed with gain. Stay long with stop loss 405.

MCX LEAD Nov. expiry future last closed at 125.9 with gain. In intraday mcx lead future’s high was at 126 while low was at 124. Total 2-rupee intraday range and closed with gain. Buy near 121-122 zones.

MCX NICKEL Nov. expiry future last closed at 952.8 with gain. In intraday mcx nickel future’s high was at 954 while low was at 930. Total 24-rupee intraday range and closed with gain. buy near 940 with stop loss.

MCX ZINC Nov. expiry future last closed at 139.8 with gain. In intraday mcx zinc, future hit high at 140 while low was at 137. Total 3-rupee intraday range and closed with gain. Above 138, keep long view.

MCX Energy view

MCX CRUDEOIL Nov. expiry future last closed at 4773 with loss. In intraday mcx crude oil, future hit high at 4790 while low was at 4716. Total almost 75-rupee intraday range and closed with loss. For intraday expect upside up to 4850.

MCX NATURALGAS Nov. expiry future last closed at 261.7 with loss. In intraday mcx natural gas, future made high at 266 while low was at 254. Total 12-rupee intraday range and closed with loss. For intraday 255 is major support level and stop loss.

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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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