** PROFITABLE MCX TRENDS 29-MAY **
GOLD (5 JUN.) TREND: CONSOLIDATE
RES 1: 27000
RES 2: 27150
SUPP 1: 26700
SUPP 2: 26500
STRATEGY: SELL ON HIGH
SILVER (5 JULY.) TREND: CONSOLIDATE
RES 1: 40600
RES 2: 40900
SUPP 1: 39900
SUPP 2: 39700
STRATEGY: SELL ON HIGH
CRUDEOIL (19 JUN.) TREND: CONSOLIDATE
RES 1: 6150
RES 2: 6180
SUPP 1: 6070
SUPP 2: 6040
STRATEGY: SELL ON HIGH
COPPER (30 JUN.) TREND: CONSOLIDATE
RES 1: 417.50
RES 2: 420.00
SUPP 1: 412.00
SUPP 2: 409.00
STRATEGY: SELL ON HIGH
LEAD (30 MAY.) TREND: CONSOLIDATE
RES 1: 126.00
RES 2: 127.00
SUPP 1: 123.00
SUPP 2: 122.00
STRATEGY: SELL ON HIGH
RES 1: 27000
RES 2: 27150
SUPP 1: 26700
SUPP 2: 26500
STRATEGY: SELL ON HIGH
SILVER (5 JULY.) TREND: CONSOLIDATE
RES 1: 40600
RES 2: 40900
SUPP 1: 39900
SUPP 2: 39700
STRATEGY: SELL ON HIGH
CRUDEOIL (19 JUN.) TREND: CONSOLIDATE
RES 1: 6150
RES 2: 6180
SUPP 1: 6070
SUPP 2: 6040
STRATEGY: SELL ON HIGH
COPPER (30 JUN.) TREND: CONSOLIDATE
RES 1: 417.50
RES 2: 420.00
SUPP 1: 412.00
SUPP 2: 409.00
STRATEGY: SELL ON HIGH
LEAD (30 MAY.) TREND: CONSOLIDATE
RES 1: 126.00
RES 2: 127.00
SUPP 1: 123.00
SUPP 2: 122.00
STRATEGY: SELL ON HIGH
ZINC (30 MAY.) TREND: CONSOLIDATE
RES 1: 124.00
RES 2: 125.00
SUPP 1: 121.00
SUPP 2: 120.00
STRATEGY: SELL ON HIGH
ALUMINIUM (30 MAY.) TREND: CONSOLIDATE
RES 1: 107.50
RES 2: 108.50
SUPP 1: 105.50
SUPP 2: 104.50
STRATEGY: BUY ON DIPS
NICKEL (30 MAY.) TREND: CONSOLIDATE
RES 1: 1150.00
RES 2: 1160.00
SUPP 1: 1120.00
SUPP 2: 1110.00
STRATEGY: BUY ON DIPS
NATURAL GAS (25 JUN.) TREND: CONSOLIDATE
RES 1: 276
RES 2: 280
SUPP 1: 268
SUPP: 264
STRATEGY: SELL ON HIGH
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Hero MotoCorp reported 3.44 per cent decline in its standalone net profit for the fourth quarter ended March 31, 2014 at Rs 554.43 crore. Amara Raja Batteries reported 34.31 percent increase in net profit at Rs 80.05 crore for the fourth quarter ended March 31, 2014.
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Gold headed for a monthly loss as signs that the U.S. economy is improving fueled stock-market gains, while demand for the metal slowed in China, the biggest consumer.
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