Gold prices ended the session at Rs 27434 per 10 grams near its resistance level of Rs 27650. Crude oil prices dropped but recovered to around $60.40 per barrel after approaching five-month highs. Copper futures were traded in a range between Rs 410-420 per kg and ended at Rs 411.50. The newsletter provides analysis and recommendations for trading gold, silver, crude oil and copper futures contracts on the MCX, including support and resistance levels and suggesting strategies of buying or selling specific contracts.

1. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
Daily MCX News letter
15th May 2015
DAILY MCX News letter

2. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
PRECIOUS METALS:
Gold prices now to its nearest resistance level of Rs 27650 per 10 grams
and ended the session at Rs 27434 per 10 grams. The prices tested a
high of Rs 27595 per 10 grams and a low of Rs 27370 per 10 grams. For
today’s trading session follow the strategy sell on high. Keep eye on
today’s upcoming data.
ENERGY
The latest US Energy Information Administration (EIA) update calming
supply worries for the near term, oil failed to extend its gains. A
correction in Asian equities also kept oil under check as prices dropped
after approaching near their five month highs. Prices have recovered
now and the commodity is currently quoting at $60.40 per barrel, MCX
Crude oil futures closed at Rs 3779 per barrel, testing a low of Rs 3767
per barrel. For today’s trading session follow the strategy sell on high.
BASE METALS
MCX Copper June contract is traded in a range from last week. The
range of copper is in between 410-420. Nearest resistance level at
423.50, Copper trend is bullish; made low of Rs 411.10 per kg. Copper
ended the day at Rs 411.50 per kg. For today follow the strategy buy on
dips.
MARKET WRAP

3. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
PIVOT POINT
GOLD
SUPPORT1: 27240
SUPPORT2: 27000
RESISTANCE1: 27660
RESISTANCE2: 27890
SILVER
SUPPORT1: 38950
SUPPORT2: 38300
RESISTANCE1: 40250
RESISTANCE2: 40900
CRUDE OIL
SUPPORT1: 3710
SUPPORT2:3665
RESISTANCE1: 3820
RESISTANCE2: 3870
COPPER
SUPPORT1: 406
SUPPORT2: 403
RESISTANCE1: 415
RESISTANCE2: 419

4. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
SELL GOLD JUN BELOW 27370 TARGETS 27270, 27170 STOPLOSS
27570.
PICK OF THE DAY

5. Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
The information and views in this report, our website & all the service we provide
are believed to be reliable, but we do not accept any responsibility (or liability) for
errors of fact or opinion. Users have the right to choose the product/s that suits
them the most. Investment in Stocks has its own risks. Sincere efforts have been
made to present the right investment perspective. The information contained
herein is based on analysis and up on sources that we consider reliable. We,
however, do not vouch for the accuracy or the completeness thereof. This material
is for personal information and we are not responsible for any loss incurred based
upon it & takes no responsibility whatsoever for any financial profit s or loss which
may arise from the recommendations above. The stock price projections shown
are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Money
Maker Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or
sell any financial instrument. Analyst or any person related to Money Maker
Research Pvt. Ltd. might be holding positions in the stocks recommended. It is
understood that anyone who is browsing through the site has done so at his free
will and does not read any views expressed as a recommendation for which either
the site or its owners or anyone can be held responsible for. Any surfing and
reading of the information is the acceptance of this disclaimer. All Rights Reserved.
Our Clients (Paid or Unpaid), any third party or anyone else have no rights to
forward or share our calls or SMS or Report or Any Information Provided by us
to/with anyone which is received directly or indirectly by them. If found so then
Serious Legal Actions can be taken. Any surfing and reading of the information is
the acceptance of this disclaimer, All Right Reserved.
D I S C L A I M E R