MCX Bullion, Metals, Energy Lieve Updates by Moneymaker Advisory Indore

Bullion: Gold jun contract short term trend is bullish, made day high at 27040 and closed at Rs. 26934. Gold traded in a range from last couple of days for today we are expecting short selling from upper levels. Follow the strategy sell on high. Keep eye on today’s upcoming major data.

MCX Crude Energy : MCX Crude oil may contract is now in bullish trend yesterday crude oil inventory is negative from as forecast, but crude oil prices felt down from its resistance level 3990. For today’s trading session we are expecting buy on dips. Crude oil closed at Rs.3882 and made day high at 3989. Expectation price may go upside.

Base Metals: MCX Copper June contract is in a higher highs pattern. The prices gained for the fourth straight day. The prices have been trending upwards in last one month and more gains are expected if the COPPER sustain above Rs 418. Then our expectation it will move past Rs 422. The prices tested a high of Rs 420.50 per kg and a low of Rs 413 per kg. Copper ended the day at Rs 416.45 per kg.for today; follow the strategy buy on dips.

KPIT Technologies tanks 20% on weak Q4 results @ Stocks Investmnet Ideas By Moneymaker Research PVT. LTD

 Shares of KPIT Technologies is locked in lower circuit of 20% at Rs 124, also its 52-week low on the NSE, after reporting a 23% quarter on quarter decline in its consolidated net profit at Rs 50.31 crore for the quarter ended March 2015 (Q4). The IT consulting & services firm had profit of Rs 65.33 crore in December 2014 quarter.Net revenues declined by 2.2% at Rs 762 crore on sequential basis. EBITDA margins stood at 5.26% against 13.84% in previous quarter.

Investment Ideas By Moneymaker Expert

@ Sell VAKRANGEE LTD below 109 targets 112 stop loss 101.

@ Buy AMTEK INDIA above 103 targets 106 stop loss 102.  

(RBI) reviewed its monetary policy stance || Daily News Updates by Moneymaker Research

For the second time in a row, the markets have lost ground after the Reserve Bank of India (RBI) reviewed its monetary policy stance. The benchmark indices - the S&P BSE Sensex and the CNX Nifty - lost 0.7% each at 1250PM at 28,324 and 8,603 levels.

Nifty April 2015 futures closed at 8711.30 on Tuesday at a premium of 51.00 points over spot closing of 8660.30, while Nifty May 2015 futures ended at 8761.05 at a premium of 100.75 points over spot closing. Nifty April futures saw a contraction of 0.04 million (mn) units, taking the total outstanding open interest (OI) to 18.55 million (mn) units.

Highest open interest has been seen in 8800 and 8700 strike price for call option and in 8500 and 8600 strike price for put option.