Wednesday 1 July 2015

MCX Commodity Trading Levels By Moneymaker Indore

MCX Bullion
Bullion counter may remain on mixed note as investors will now eye the Greece referendum on 5 July for some resolution to Greece crises after it failed to make payment to IMF yesterday. Meanwhile movement of greenback will give further direction to the prices. Gold can move in range of 26350-26650 and silver can move in range of 35000-36000.

MCX Metals 
MCX Copper June expiry contract changed marginally for session ending 30 June 2015. Prices for August expiry moved below Rs 372 per kg and closed lower. Copper ended the day at Rs 371.90 on 30 June 2015 against 374.80 per kg on 29 June 2015. On Wednesday trading gains are expected to get resisted at Rs 373 and 375 per kg. Meanwhile support for Copper is at Rs 370 and 368 per kg. The low for Copper on Tuesday was at Rs 368.65 per kg, and a high of Rs 376.25 per kg was noted. Open interest was at 14455 on 30 June 2015 against 10394 on 29 June 2015.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Share it