Wednesday, 17 December 2014

Commodity crude oil trend today, base metal trading call 18 December

Commodity mcx crude oil looked in under pressure on expiry day of December Series , Jan Contact crude oil traded at 3628 while open at 3707 and low of day at 3614,


intraday and positional trader can made short position at 3630 to 3640 target should be 3550/3500 keep stoploss 3675

Mcx Copper and base metal tips:
mcx copper traded above 405 ,today morning session open below 406.5 and made low 404.25

copper looked under pressure of global trend and low demand of China market

buy copper above 405.5 target 408/411/414 stoploss 402.5
sell copper above 403 target 400/398 stoploss 407

buy natural gas above 233 target 235/238/242 stoploss 230

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