Monday, 26 May 2014

rupee down today, base metal ,crude oil uptrend, free mcx tips

mcx base metal look positive today, mcx copper increase 4 point open at 411.6 and made high 415.95, nickel zinc and aluminium look positive.
Mcx crude oil open at 6117 and made high 6142 while low was at 6090 only, evening time traded above 6124.
mcx gold gold open at 27325 and made high at 27408, low of day was 27292 , and mcx silver look uptrend made high above 41076 while open at 40861.
commodity evening call
buy copper 414 target 416, 418,420 stoploss 411
buy nickel 1145 target 1150,1155 stoploss 1140
buy crude oil 6115 target 6140 stoploss 6095


  1. INDIAN BENCHMARK open flat with a slight negative bias. Investors booked profits in oil and financial shares. Jubilant Life Sciences subsidiary will receive over Rs 860 crore funding from IFC, a member of the World Bank Group, to strengthen its generic drug manufacturing facilities.
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  2. SELL GOLD JUNE AT CMP 27410,StopLoss ABOVE 27460,target 1- 27380,Traget 2- 27350,Target 3- 27310.
    Gold target

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