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MTECHTIPS MCX TRADING STRONG BUY SELL LEVEL 13-12-2013 MCX GOLD VIEW UP SIDE 29350 LOW SIDE

29000 BUY ABOVE 29000 UP SIDE 29380 THEN 29500

SILVER UP SIDE 45200 LOW SIDE 43750 BUY ABOVE 43700 UP SIDE 44600 THEN 45200

MCX CRUDEOIL UP SIDE 6150 LOW SIDE 6035 BUY ABOVE 6035 UP SIDE 6130 THEN 6180

MCX COPPER UP SIDE 466 LOW SIDE 455 BUY ABOVE 456 UP SIDE 462 THEN 466

MCX ZINC UP SIDE 122.5 LOW SIDE 120.30 SELL AT 122.5 LOW SIDE 120.50

MCX LEAD UP 133 LOW SIDE 130.5 SELL BELOW 133 UP SIDE 131.5 THEN 130.5

MCX NICKEL UP SIDE 880 LOW SIDE 859 SELL BELOW 880 LOW SIDE 865

MCX NGAS UP SIDE 277 LOW SIDE 266 SELL AT 277 LOW SIDE 262 THEN 258 WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX GOLD intraday trading analysis 13-12-2013 Mcx GOLD Feb. expiry future last closed at 29,239 with loss of 231 rupees. In intraday mcx gold futures high was at 29,501 while low was at 29,150. Total 350-rupee intraday range and closed with loss as comex gold resume downtrend. For tomorrow, buy gold future for intraday near 29,000 with Stoploss for target 29,400. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX SILVER intraday trading analysis 13-12-2013 Mcx SILVER March expiry future last closed at 44,532 with loss of 1198 rupees. In intraday mcx silver futures high was at 45,800 while low was at 44,370. Total almost 1500-rupee intraday range and closed with loss. For tomorrow trader can buy silver near 44,000 with Stoploss for upside target 44,800 and above. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX COPPER intraday trading analysis 13-12-2013

Mcx COPPER Feb. expiry future last closed at 459.85 with gain of 5.35 rupee. In intraday mcx copper future made high at 461.2 while low was at 454.4. Total 7rupee intraday range and closed with gain. Here expect 464 as next target. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX NICKEL intraday trading analysis 13-12-2013 Mcx NICKEL Dec. expiry future last closed at 873.1 with gains of 6.4 rupee. In intraday mcx nickel futures high was at 877 while low was at 868.4. Total 9 rupee intraday range and closed with gain. For tomorrow, expect 890 as next target zone. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX ALUMINIUM intraday trading analysis 13-12-2013 Mcx ALUMINIUM Dec. expiry future last closed at 109.9 with loss of 25 paisa. In intraday mcx aluminium, future hit high at 110.7 while low was at 109.65. Total 1-rupee intraday range and closed with loss. For tomorrow, buy near 109 with Stoploss for target 110+. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX LEAD intraday trading analysis 13-12-2013

Mcx LEAD Dec. expiry future last closed at 132.1 with gain of 40 paisa. In intraday mcx lead futures high was at 132.75 while low was at 131.5. Total 1rupee intraday and closed with gain. Here keep long open for target 134-135. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX ZINC intraday trading analysis 13-12-2013 Mcx ZINC Nov. expiry future last closed at 121.8 with gain of 80 paisa. In intraday mcx zinc, future hit high at 122.1 while low was at 120.8. Total 1.3rupee intraday range and closed with loss. Here expect 125 as next target level. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX CRUDEOIL intraday trading analysis 13-12-2013 Mcx CRUDEOIL Dec. expiry future last closed at 6081 with gain of 67 rupees. In intraday mcx crude oil future hit high at 6108 while low was at 5993. Total 110 rupee intraday and closed with gain. Here expect 6200 in upcoming sessions. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS MCX NATURALGAS intraday trading analysis 13-12-2013 Mcx NATURALGAS Dec. expiry future last closed at 269.8 with almost 5-rupee gain. In intraday mcx natural gas future made high at 275.9 while low was at 267. Total 8-rupee intraday range and closed with huge gain. Here expect some profit booking upto 262-264 levels.

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MTECHTIPS NIFTY FUT intraday trading analysis 13-12-2013 Nifty Dec. expiry future last closed at 6258 with 86 points loss. In Intraday, nifty future made low at 6257 while high was at 6318. Total almost 61 points intraday range and closed with loss. On futures side, +0.94% open interest build up suggest fresh shorts addition. On option side, 6300 put options closed with gain on huge short covering while 6400-call options closed in red in fresh selling. For tomorrow, with Stoploss just above 6300 hold short view and expect 6150-6120 as target zone. If sustain above 6150 then risky traders can go against trend and take long position for short covering rally. If nifty future weekly close below 6120 then in that scenario we may see 5900-5800 as targets in medium terms. WWW.MTECHTIPS.COM 07489294118-119

MTECHTIPS BANKNIFTY FUT intrday trading analysis 13-12-2013 Banknifty Dec. expiry future last closed at 11,685 with loss of 193 points. In intraday banknifty, future hit high at 11,858 while low was at 11,678. Total 200 points intraday range and closed loss. On futures side, -5.87% open interest cut shows heavy profit booking. On option side, 11,500 put options closed with gain on sharp short covering while 12,000-call options tumbled into red on fresh writing. For tomorrow, below 11,800 keep sell on rise view for downside target 11,450-11,400. WWW.MTECHTIPS.COM 07489294118-119

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