MCX Commodity Market: Weekly Report of Bullions, Metals, Energy and Trading Tips

BULLIONS:

MCX Gold (June)

S3 - 20467   

S2 - 20633

S1 - 20787

R1 - 21107

R2 - 21273

R3 - 21427 

Recommendation: 

Buy MCX Gold at Rs. 20920, TP 21100, SL 20850

MCX Silver (May)

S3 - 53484   

S2 - 54059

S1 - 54994

R1 - 56504

R2 - 57079

R3 - 58014 

Recommendation:
Buy MCx Silver at Rs. 55550, TP 56250, SL 55100

METALS:

MCX Aluminium (Apr-11)

S3 -113.5      

S2 - 114.7

S1 - 115.9

Close - 117.0

R1 - 118.2

R2 - 119.4

R3 - 120.6

Recommendations: 
Buy MCX Aluminium at Rs. 115-116, TP 119/121, SL 113

MCX Copper (Apr-11)

S3 - 390.2    

S2 - 403.5

S1 - 411.8

Close - 420.0

R1 - 433.4

R2 - 446.7

R3 - 455.0

Recommendations:

Sell MCX Copper at Rs. 424-427, TP 416/411, SL 434

MCX Lead (Apr-11)

S3 -116.2      

S2 - 117.6

S1 - 120.2

Close - 122.8

R1 - 124.2

R2 - 125.6

R3 - 128.2

Recommendations:

Buy MCX Lead at Rs. 121-122, TP 124.5/128, SL 118

MCX Nickel (Apr-11)

S3 -1038.0  

S2 - 1087.7

S1 - 1120.7

Close - 1153.8 

R1 - 1203.4

R2 - 1253.1

R3 - 1286.1

Recommendations:

Sell MCX Nickel at Rs. 1170-75, TP 1140/1130, SL 1195

MCX Zinc (Apr-11)

S3 - 100.8   

S2 - 102.2

S1 - 104.3

Close - 106.5

R1 - 107.9

R2 - 109.3

R3 - 111.4

Recommendations:

Buy MCX Zinc at Rs. 104-105, TP 109/111, SL 102
 

ENERGY:

MCX Crude Oil (Apr)

S3 - 4491    

S2 - 4560

S1 - 4690

R1 - 4889

R2 - 4958

R3 - 5088

Recommendations:

Buy MCX Crude Oil at Rs. 4730-4760, TP 4830 then 4920, SL 4650

MCX natural Gas (Apr)

S3 - 170.2    

S2 - 179.7

S1 - 186.8

R1 - 203.4

R2 - 212.9

R3 - 220.0

Recommendations:

Sell MCX Natural Gas in the range Rs. 197-199 targeting Rs. 189 then Rs. 182 with stop loss above Rs. 206.