Yesterdays MCX Gold traded between 200 points range and made Doji
candle in daily chart in support trend line our expectation price may
give some correction from here onwards gold closed at Rs 26861,
tested high at 26916 and low at 26712. For today’s trading session
follow the strategy buy on dips for today’s trading session.
Grateful 7 speech thanking everyone that has helped.pdf
Mcx daily report
1. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
Daily MCX News letter
29th May 2015
DAILY MCX News letter
2. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
PRECIOUS METALS:
Yesterdays MCX Gold traded between 200 points range and made Doji
candle in daily chart in support trend line our expectation price may
give some correction from here onwards gold closed at Rs 26861,
tested high at 26916 and low at 26712. For today’s trading session
follow the strategy buy on dips for today’s trading session.
ENERGY
MCX Crude oil futures traded in red form last couple of days yesterday
crude oil inventory forecasted -0.857M and Actual it came -2.802M.
Crude oil closed at Rs 3668 and tested high at 3721 and made low at Rs.
3625for today follow the strategy sell on high.
BASE METALS
Copper closed lower for the third straight day the prices of MCX Copper
settled the session at Rs 392.45 per kg against Rs 393.85 per kg. The
prices of MCX Copper broke the rising wedge pattern that started the
slide in the metal, With new support base broken on every passing day.
Follow the strategy sell on high for today’s trading session.
MARKET WRAP
3. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
PIVOT POINT
GOLD
SUPPORT1: 26690
SUPPORT2: 26450
RESISTANCE1: 27050
RESISTANCE2: 27280
SILVER
SUPPORT1: 37650
SUPPORT2: 37000
RESISTANCE1: 38900
RESISTANCE2: 39550
CRUDE OIL
SUPPORT1: 3630
SUPPORT2:3585
RESISTANCE1: 3735
RESISTANCE2: 3785
COPPER
SUPPORT1: 388
SUPPORT2: 385
RESISTANCE1: 396
RESISTANCE2: 400
4. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
BUY GOLD ABOVE 26890 TARGETS 26990, 27090 STOPLOSS 26690.
PICK OF THE DAY
5. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
The information and views in this report, our website & all the service we provide
are believed to be reliable, but we do not accept any responsibility (or liability) for
errors of fact or opinion. Users have the right to choose the product/s that suits
them the most. Investment in Stocks has its own risks. Sincere efforts have been
made to present the right investment perspective. The information contained
herein is based on analysis and up on sources that we consider reliable. We,
however, do not vouch for the accuracy or the completeness thereof. This material
is for personal information and we are not responsible for any loss incurred based
upon it & takes no responsibility whatsoever for any financial profit s or loss which
may arise from the recommendations above. The stock price projections shown
are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Money
Maker Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or
sell any financial instrument. Analyst or any person related to Money Maker
Research Pvt. Ltd. might be holding positions in the stocks recommended. It is
understood that anyone who is browsing through the site has done so at his free
will and does not read any views expressed as a recommendation for which either
the site or its owners or anyone can be held responsible for. Any surfing and
reading of the information is the acceptance of this disclaimer. All Rights Reserved.
Our Clients (Paid or Unpaid), any third party or anyone else have no rights to
forward or share our calls or SMS or Report or Any Information Provided by us
to/with anyone which is received directly or indirectly by them. If found so then
Serious Legal Actions can be taken. Any surfing and reading of the information is
the acceptance of this disclaimer, All Right Reserved.
D I S C L A I M E R