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11-JUNE-2014
DAILY MCX NEWSLETTER
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09200009266


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BULLION:
Gold prices rose by Rs 85 to Rs 27,185 per ten gram in the national capital
today as buying activity picked up at prevailing level amidst a firming global
trend.

Silver also traded higher by Rs 250 to Rs 41,000 per kg on increased offtake
by industrial units.

Traders said increased buying by stockists after demand from jewellers
picked up at current levels and a better trend in the global markets influenced
the precious metal prices.

ENERGY:
Oil prices extended their gains in Asia Tuesday as investors cheered robust
economic data from US, China and Japan, with the breakdown of initial Ukraine-
Russia talks to avert a gas cut-off also boosting prices.

US benchmark West Texas Intermediate (WTI) for July gained 26 cents to
$104.67 a barrel by midday after jumping $1.75 in New York on Monday.
Brent North Sea crude was up 16 cents to $110.15 for its July contract after
leaping $1.38 in London trade.


BASE METAL:
Nickel futures today traded lower by 0.38 per cent to Rs 1,116.20 per kg largely in tune
with a weakening trend overseas amid subdued spot demand.

At the Multi Commodity Exchange, nickel for delivery in June weakened by Rs 4.30
paise, or 0.38 per cent, to Rs 1,116.20 per kg in business turnover of 1,032 lots.

Similarly, the metal for delivery in July traded lower by Rs 4.20, or 0.37 per cent, to Rs
1,121.50 per kg in 20 lots.




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GOLD (5 AUG.)




SILVER (5 JULY.)








BULLION
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 40800, 41000
SUPPORT : - 40100, 39800
STRATEGY : - BUY ON DIPS

OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 26300, 26450
SUPPORT : - 26000, 25900
STRATEGY : - BUY ON DIPS


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CRUDEOIL (19 JUN.)






NATURAL GAS (27 JUN.)








ENERGY
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 273.00, 277.00
SUPPORT : - 265.00, 261.00
STRATEGY : - BUY ON DIPS

OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 6200, 6230
SUPPORT : - 6140, 6100
STRATEGY : - BUY ON DIPS



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COPPER (30 JUN.)






LEAD (30 JUN.)








BASE METAL
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 127.50, 128.50
SUPPORT : - 125.00, 124.00
STRATEGY : - SELL ON HIGH

OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 404.00, 407.00
SUPPORT : - 397.00, 394.00
STRATEGY : - SELL ON HIGH



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ZINC (30 JUN.)





ALUMINUM (30 JUN.)




NICKEL (30 JUN.)








OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 1120.00, 1130.00
SUPPORT : - 1095.00, 1085.00
STRATEGY : - BUY ON DIPS

OUTLOOK:
TREND : - BULLISH
RESISTANCE : - 112.00, 113.00
SUPPORT : - 110.00, 109.00
STRATEGY : - BUY ON DIPS

OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 127.50, 128.50
SUPPORT : - 125.00, 124.00
STRATEGY : - SELL ON HIGH



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GOLD 1261.89
SILVER 19.229
COPPER 3.056
CRUDEOIL 104.43
PALLANDIUM 851.70
PLATINUM 1475.20

USDINR 59.4775
EURUSD 01.3529
USDJPY 102.238
USDCHF 00.9000
GBPUSD 01.6752
USDCAD 01.0890



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