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Showing posts with label intraday support and resistance. Show all posts
Showing posts with label intraday support and resistance. Show all posts

Thursday, 27 June 2013

27 June intraday MCX tips || gold support and resistance || live MCX, silver price

Yesterday worst session taking a break on Thursday morning most traded yellow metal for future delivery open at 26151 for August delivery at Multi commodity exchange. On morning trade MCX gold price expected to trade on bullish side with a positive session.

S1: 25950, S2: 25800
R1: 26358, R2: 26502

If we talk about white metal it opens in downside with a decrement of -66 point at 36502 for July trading delivery at MCX. Yesterday silver fall more than -1700 point on Domestic commodity market meanwhile a positive reaction had seen on early hour of trading on Thursday.

Sell gold August below 25960 tgt 26930, 25850, 25800 stoploss 26100


 Sell silver July below 39300 tgt 39250, 39150, 39000……….sl 39800


BUY NICKEL JUNE ABOVE 830.50 TGT 832, 835, 840 STOPLOSS 820





Wednesday, 12 June 2013

MCX gold silver bearish today|| intraday commodity tips for today|| Evening lead-crude trend and tips

Today market showing a bearish trend since morning, correction in rupees not enough to get back bullion in positive side.  At MCX bullion are trading low on intraday trade for future delivery, gold for august delivery open at 27863 and touched an intraday low of 27685. In evening trade same trend are following in evening trade.
White metal are also following yellow metal for future active contract, today silver fall by more than   -300 point  on intraday trade, silver prices are expecting for fall more in intraday trade  with some correction on evening trade.
Crude oil and lead showing a mixed reaction on intraday trade, on Wednesday morning crude oil open in downside but a good recovery had seen in afternoon trade, crude for future delivery touched an intraday high of 5545 after opening at 5512 and low of 5492. Open interest support the trend but some red sign must be seen in crude in evening trade.
Lead prices are slipping on intraday trade in this week due to negative trend in rupees, but on Wednesday morning a small correction are seen in lead prices for June trading.  In evening mixed reaction are expected with same trend with average volume.

Buy crude above 5525 tgt 5530, 5535, and 5550++……sl 5480

Buy lead above 122.50 tgt 122.80, 123.50, 124……………sl 120

Sell gold below 27650 tgt 27620, 27550, 27500---……. 28015

Sell silver below 43350 tgt 43300, 43250, 43100…………sl 43800

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