Friday, 18 April 2014

Mcx commodity update, natural gas, crude oil positive


mcx natural gas was moved more than 10 point after opening at 274.2 and made high at 286.5 and low of day is 271.1.

Natural gas trend: upside 289,295 and down side 278,274.
base metal tips: copper looked positive trend yesterday, close at 407.40 while open at 405.5 and made high 407.8.
copper trend: upside 410,412,415 and down side 403,401.
comax gold trend: gold traded below $1300 levels at  $1294.8 to $1293.38,
mcx gold movement look positive open at 28550 and made high at 28617 low of day is 28460 , gold up side should be 28670 then 28860,28950 and down side 28350,28200.
on monday commodity tips :
buy gold 28450 target 28650,2750 stoploss 28300
buy copper above 407 target 410,413,415 stoploss 401
buy crude oil (may) 6245 target 6300,6330 stoploss 6200
 
 

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