MCX Daily Report

13/07/2015

WWW.MONEYCLASSICRESEARCH.COM +91-9039-7777-00


COMMODITY OPEN HIGH LOW CLOSE

SILVER 35469 35885 35342 35615

GOLD 26088 26158 26017 26058

CRUDEOIL 3383 3418 3302 3331

NETURALGAS 174.30 178.40 173.70 177.40

ZINC 128.10 128.50 126.50 127.55

LEAD 114.75 115.60 113.25 113.70

ALLUMINIUM 106.35 106.70 105.40 106.15

COPPER 360.00 360.90 356.50 358.70

NICKEL 735.00 739.20 711.30 713.10


Gold weakens on sluggish demand; silver strengthens. Gold eased by Rs 6.00 to Rs 26,058 per ten grams at the bullion market on Friday

owing to slackened demand from jewellers even as the metal

strengthened overseas.

Silver, however, inched up by Rs 287 to Rs 35,615 per kg.

Bullion traders attributed the fall in gold prices to easing demand

from jewellers and retailers at current levels. But, a firming trend in

the precious metal overseas, capped the losses.

Lead down by 0.04% on global trend. Lead futures declined 1.22% to Rs 113.70 per kg on Friday as participants reduced positions even as

metal strengthened at the London Metal Exchange (LME).

At the Multi Commodity Exchange, lead for delivery in July traded lower by 1.40 paise, or 1.22%, to Rs 113.70 per kg, with a business turnover of 287 lots.


MCX GOLD AUG2015

The above Daily chart of Gold suggest that prices have reversed

after taking support level. RSI is in a Buy mode. We expect prices

to correct up to levels of 26240.

GOLD TECHNICAL UPDATE

Researcher View


CRUDEOIL TECHNICAL UPDATE

MCX CRUDEOIL JULY2015

Researcher View

The above Daily chart of Crude oil suggest that prices have

reversed after taking support level. RSI is in a Buy mode. We

expect prices to correct up to levels of 3250.


The information contained here was gathered from sources deemed

reliable however; no claim is made as to accuracy or content. This does

not contain specific recommendations to buy or sell at particular prices

or time, nor should any examples presented be deemed as such. There

is a risk of loss in commodity trading and you should carefully consider

your financial position before making a trade. This is not, nor is it

intended, to be a complete study of chart patterns or technical analysis

and should not be deemed as such. Money Classic Investment Advisors

does not guarantee that such information is accurate or complete and

it should not be relied upon as such. Any opinions expressed reflect

judgments at this date and are subject to change without notice. For

use at the sole discretion of the investor without any liability on Money

Classic Investment Advisors.

MONEY CLASSIC INVESTMENT ADVISORS

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