daily commodity-report 28 may
TRANSCRIPT
MCX Daily Newsletter (28 May 2013)
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MCX COMMODITY DAILY REPORT……!!!!
28-May-2013, Tuesday
MCX Daily Newsletter (28 May 2013)
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MCX BULLIONS DAILY TECHNICAL LEVELS
GOLD MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: GOLD MCX turned from lower levels and is very volatile hence avoide over trading.
1. Sell GOLD MCX below 26350 TGT 26250/26200 SL 26400 2. Buy GOLD MCX below 26470 TGT 26530/26585 SL 26410
MCX Daily Newsletter (28 May 2013)
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SILVER MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: SILVER MCX turned from lower levels and Traders are Trapped at lower levels. SILVER MCX is not in clear trend hence avoid over trading in SILVEr MCX. 1. Buy SILVER MCX Above 43700 TGT 43900/44200 SL 43500 2. Sell SILVER MCX below 43250 TGT 43000/42750 SL 43500
MCX Daily Newsletter (28 May 2013)
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MCX BASE METALS DAILY TECHNICAL LEVELS
COPPER MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: COPPER MCX turned from lower support levels and buying is seen around support @392 last week .
1. Buy COPPER CMP on dips @401-400 TGT 404/407 SL 398 2. Sell COPPER MCX below 403.50 TGT 402/401 SL 405
MCX Daily Newsletter (28 May 2013)
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NICKEL MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: NICKEL MCX is looking week and can head towars support levels @810 .
1. Buy NICKEL MCX above 825 TGT 845/865 SL 805 2. Sell NICKEL MCX below 805 TGT 785/760 SL 825
MCX Daily Newsletter (28 May 2013)
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LEAD MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: LEAD MCX is tarding neat to support levels and looks strong on charts. Hence Bounce back Expected for Toady.
1. Buy LEAD MCX on dips @114.50 TGT 115.50/116.50 SL 113.50 2. Sell LEAD MCX below 113.30 TGT 112.80/112.30 SL 113.80
MCX Daily Newsletter (28 May 2013)
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MCX ENERGY DAILY TECHNICAL LEVELS
CRUDEOIL MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: CRUDEOIL MCX is trading near to Short term support levels around 5200 and Trading opportuniy lies around this level.
1. Buy CRUDEOIL MCX above 5250 TGT 5275/5300 SL 5225 2. Sell CRUDEOIL MCX below 5190 TGT 5165/5130 SL 5215
MCX Daily Newsletter (28 May 2013)
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NATURAL GAS MCX HOURLY CANDLESTICK CHART
TRADING STRATEGY: NATURAL GAS MCX can face stiff reistance aroun levels @238-239 for today. Hence Selling Opportunity lies around this level with small Stoploss.
1. Buy NATURAL GAS MCX above 239.50 TGT 241/243 SL 238 2. Sell NATURAL GAS MCX below 236 TGT 233/231 SL 239
MCX Daily Newsletter (28 May 2013)
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MCX Daily Newsletter (28 May 2013)
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