Monday, 9 June 2014

Best buy base metal today, gold silver bullish moment @ low level


Gold Trend: after one month letter gold silver look positive today, gold look major support $1250, on mcx market gold open at 25825 made high above 25966, right time to invest in gold should be touch $1276,$1290 on comax.


Advice on gold: buy on dips 25900 target 2950,26100,26150 stoploss 25800
Silver trend: mcx silver open at 39980 and made high 40370, low of silver is 39980 ,best buy on dips 40200 target 40550,40700 stoploss 39800.

basemetal tips:

mcx copper look under pressure last week now sustain below 395, if touch 398 then 405,408 will up side and down side 390 , so buy on dips.

Mcx aluminium : cross resistance level 111 now look forword 113,115 , down side 109, buy on dips.
Mcx zinc and lead: both base metal look positive trend , zinc should be upper range above 127 and lerad 125, down side support for zinc is 122.50 and lead sustain below 123.

evening mcx tips:

buy crude oil 6085 target 6120/6140 stoploss 6050
buy lead 124 target 125,125.50/126 stoploss 123
buy nickel above 1110 target 1121,1127,1135 stoploss 1100

4 comments:

  1. Copper fell for a fifth session in New York, the longest slump in more than three months, as demand concerns mounted amid slumping imports of the metal into China, the world’s biggest user.
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  3. Gold prices rose by Rs 85 to Rs 27,185 per ten gram in the national capital Tuesday as buying activity picked up at prevailing level amidst a firming global trend.
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