MCX Bulldex, Metldex, Energydex Daily Report

Insignia Consultants

New Delhi

Wednesday, October 13, 2021

TIME 12:04 PM IST                                

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MCX INDEX FUTURES DAILY REPORT

Bulldex October 2021: (CMP Rs.14070.00)

Daily Support/Resistance: 13962 & 14208

INTRADAY VIEW: (a) Bulldex has to trade over 13962-14018 zone to rise to 14208 and 14332. (b) Bulldex will crash if it trades below 14018 to 13928 and 13828.

Metldex October 2021:  (CMP Rs.16827.00)

Daily Support/Resistance: 16647 & 16860

INTRADAY VIEW: (a) There will be a technical breakout if Metldex break and trades over 16860 to 17059 and 17236. (b) Sellers will be there only if Metldex trades below 1641 today.

Energydex November 2021: (CMP Rs.6354.00)

Daily Support/Resistance: 6271 & 6410

INTRADAY VIEW: Energydex has to trade over 6304 today to rise to 6470. (a) Energydex will crash only if it trades below 6304.

 

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Website www.insigniaconsultants.in Prepared by Chintan Karnani

Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.

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NOTES TO THE ABOVE REPORT

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