Tuesday, 6 May 2014

gold silver declain upeer level, base metal positional call


mcx gold fail upper range today at 28895, comax gold upside 1307 and make high 1314, down side $1306.2, mcx silver traded at 42579 while open at 42527 and make high 42818,
mcx copper and nickel look uptrend today,evening time at 4 pm nickel traded at 1114.9 today make high 1122.5 while low of day is 1100 level.

Copper open at 410.5, make high at 411.3, and sown side at 409.6, copper support level at 407,403,401,resistance level at 413,415,417.
mcx crude oil trend : early trading in mcx crude oil look positive and make high 6017,open at 6088 and low of day is 6088,so crude oil look positive trend, if cross 6020 then 6034,6056 should be touch.
Evening commodity calls:
sell gold above 28900 target 28850,28800,28750 stoploss 29000
sell silver above 42700 target 42500,42300,42200 stoploss 42950
buy crude oil above 5990 target 6020,6050 stoploss 5970
buy nickel above 1115 target 1118,1121,1125 stoploss 1109

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  5. Mcx nickel buy 1220 target 1245/1255/1265 stoploss 1190
    Ncdex soyabean sell 4785 target 4720/4710/4700 stoploss 4821

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