COMMODITY MARKET CALL UPDATE

 

SELL CRUDE OIL JUNE BELOW 3348 TARGET 3333-3315-3280 WITH SL 3430

 

SELL COPPER JUN BELOW 370.40 TARGET 369-367.50-364.50 WITH SL 375.50

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SELL LEAD MAY BELOW 133.4 TARGET 133-132.5-131 WITH SL 135

 

SELL ZINC BELOW 170 TARGET 169.5-169=168 WITH SL 172

 

SELL GOLD JUNE BELOW 28745 TARGET 28715-28680-28610 WITH SL 28900

 

SELL SILVER JULY BELOW 39900 TARGET 39800-39700-39400 WITH SL 40200

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Dish TV plunges over 11% post dismal

 

DTH operator reported a consolidated net loss of Rs 28.33 crore for March quarter against a net profit of Rs 482.77 crore in the corresponding quarter last year in January-March a year ago, Dish TV said in a BSE filing.

MM SUPER POWER TIP BUY DISH TV FUTURE ABOVE 81.8
Dish TV plummeted over 11 %. intraday on Thursday after investors turned cautious of the stock post dismal Q4 numbers.
Dish TV’s total expenses were at Rs 748.07 crore, up 0.91% , as against Rs 741.28 crore of Q4 of FY 2015-16.The stock lost over 12 percent in the past one month, while its three-day loss was at 16 %. At 09:50 hrs, Dish TV India was quoting at Rs 82.15, down Rs 9.70, or 10.56 % on the BSE. It touched a 52-week low of Rs 81.60.
For Daily Equity Market Update or Share Market News visit www.marketmagnify.com.

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Market Magnify:-Crude Oil News Update

ie-dark-days-ahead-for-crude-oil2Crudeoil trading range for the day is 3286-3392.Crude oil prices retreated slightly after inventory data while traders awaited the outcome of discussions in Vienna.Crude inventories fell 4.4mbls in the week ended May 19, while Gasoline inventories fell only 787,000 barrels.OPEC scheduled to decide whether to extend an agreement to cut world supply. Last meet OPEC had cut supplies by 1.8mbpd, not can extend same.

Trading Ideas:  

*Crudeoil trading range for the day is 3286-3392.

*Crude oil prices retreated slightly after inventory data while traders awaited the outcome of discussions in Vienna.

*Crude inventories fell 4.4mbls in the week ended May 19, while Gasoline inventories fell only 787,000 barrels.

 

SUPER POWER CALL UPDATE

MM SUPER POWER TIP BUY BEML FUTURE ABOVE 1160 TARGET 1174 WITH SL 1130 TOTAL 5 LOTS

 

MM SUPER POWER TIP BUY R CAPITAL FUTURE ABOVE 588 TARGET 592 WITH SL 581 TOTAL 7 LOTS

 

MM SUPER POWER TIP SELL MARUTI FUTURE BELOW 6869 TARGET 6840 WITH SL 6910 TOTAL 8 LOTS

 

MM SUPER POWER TIP SELL SRF FUTURE BELOW 1600 TARGET 1585 WITH SL 1615 TOTAL 7 LOTS

 

MM SUPER POWER TIP SELL ARVIND FUTURE BELOW 369 TARGET 365 WITH SL 373 TOTAL 7 OTS

 

MM SUPREME POWER TIP SELL INDIGO FUTURE BELOW 1073 TARGET 1060-1040 WITH SL 1103

 

Jeera Market News Update

SWJeera trading range for the day is 17710-18310.Jeera prices ended with losses amid lower domestic and exports demand at the spot market.Steady supply in the major spot market Unjha has kept the markets on the lower side.NCDEX accredited warehouses jeera stocks dropped by 390 tonnes to 1593 tonnes.In Unjha, a key spot market in Gujarat, jeera edged down by -138.45 Rupees to end at 18300 Rupees per 100 kg.

https://goo.gl/cXdUJk or Just Give a Missed call @7879881122.

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