Wednesday, 4 June 2014

mcx crude oil buy trend, copper sharp down 1.7% @406.30


mcx copper fail more than 6 point today, open at 411.6 and made low of day is 406.3, base metal nickel ,aluminium, lead zinc down today,
crude oil uptrend but down in nymax, mcx crude oil made high 6145, while opwn at 6105, low of day is 6105.

mcx gold silver trend: bullion metal gold silver look down trend afternoon time, while rupee weak than dollar at 59.34.
mcx gold (august) open at 25810 and mde high 25882 while low of day is 2580, evening time traded above 25860
mcx silver open at 39899 and made high 39940 low of day is 39708 , evening time traded above 39760.

mcx calls for trading :

buy silver 39720 target 39850, 39950,40100 stoploss 39550
buy gold above 25810 target 25890,25970,26050 stoploss 25700
sell copper 409 target 405,402 stoploss 413
buy crude oil 6125 target 6140,6175,6210 stoploss 6090

4 comments:

  1. Gold held near a four-month low as investors awaited a European Central Bank monetary policy decision and U.S. economic data that may support further reductions to the Federal Reserve’s asset purchases.
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  2. The strong momentum may continue till the announcement of Union Budget (likely in July) and the Nifty may see 8000-mark but post Budget, correction may be likely, say experts, adding every dip is a buy as the bull run may last for next five years.

    mcx crude oil tips provider

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  3. LEAD (28 AUG.) TREND: CONSOLIDATE
    RES 1: 138.50
    RES 2: 139.50
    SUPP 1: 136.00
    SUPP 2: 135.00
    STRATEGY: SELL ON HIGH
    Mcx Silver Tips

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  4. Epic Research has updated the news about Crude Oil that says Crudeoil trading range for the day is 5580-5826.

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