MCX premarket 31 oct 2014

MCX premarket 31 oct 2014

MCX Bullion view for 31 oct 2014

MCX GOLD Dec. expiry future last closed at 26620 with loss. In intraday mcx gold future’s high was at 26990 while low was at 26,562. Total 500-rupee intraday range and closed with loss. Long-term investors can start accumulation in small quantities.

MCX SILVER Dec. expiry future last closed at 36563 with gain. In intraday mcx silver future’s high was at 38125 while low was at 36310. Total almost 1800-rupee intraday range and closed with loss. Long-term investors keep accumulating on decline.

MCX metal view for 31 oct 2014

MCX ALUMINIUM Nov. expiry future last closed at 126 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 stop loss 124 for target 127.

MCX COPPER Nov. expiry future last closed at 416.95 with loss. In intraday mcx, copper future made high at 421 while low was at 413. Total 8-rupee intraday range and closed with loss. Stay long with stop loss 408.

MCX LEAD Nov. expiry future last closed at 123.85 with loss. In intraday mcx lead future’s high was at 125 while low was at 123. Total 2-rupee intraday range and closed with loss. Buy near 121-122 zones.

MCX NICKEL Nov. expiry future last closed at 970 with gain. In intraday mcx nickel future’s high was at 974 while low was at 946. Total 28-rupee intraday range and closed with gain. Stay long with stop loss 960.

MCX ZINC Nov. expiry future last closed at 141.2 with gain. In intraday mcx zinc, future hit high at 141 while low was at 139. Total 2-rupee intraday range and closed with gain. Above 139, keep long view.

MCX Energy view for 31 oct 2014

MCX CRUDEOIL Nov. expiry future last closed at 5010 with loss. In intraday mcx crude oil, future hit high at 5080 while low was at 4980. Total almost 100-rupee intraday range and closed with loss. For intraday buy near 4900-4950 zone.

MCX NATURALGAS Nov. expiry future last closed at 236 with gain. In intraday mcx natural gas, future made high at 233 while low was at 237. Total 4-rupee intraday range and closed with gain. For intraday stay long with stop loss 232.

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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