CALL :- BUY LEAD ABOVE 148.20 TG1-148.70 TG2-149.20 TG3-149.70 SL BELOW 147.20
FOR FREE TRIAL CLICK ON BELOW LINK
Monday, 31 July 2017
COMMODITY TIPS
CALL :- SELL TURMERIC BELOW 7486 TG1-7456 TG2-7426 TG3-7396 SL ABOVE 7591
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Saturday, 29 July 2017
MCX TRENDS
|
|
R1
|
S1
|
|
GOLD
|
28820
|
27980
|
|
SILVER
|
38840
|
37100
|
|
CRUDE
|
3250
|
2960
|
|
COPPER
|
414
|
390
|
|
LEAD
|
151
|
140
|
|
NICKEL
|
680
|
615
|
|
ALUMINIUM
|
125
|
119
|
|
ZINC
|
186
|
173
|
ALUMINIUM TIPS
Aluminium,
the best performer of 2017 on a year to date basis; however seems to have run
out of luck in June as it is the only base metal on the losing side. Aluminium
prices on the LME and MCX have plunged by 2.5 and 1.8 percent respectively on a
month-to-date basis as against a surge of 11 and 4 percent on a year-to-date
basis. Average Aluminium prices have slipped to $1893.5/t so far in June’17,
lowest since Feb’17, all thanks to falling coal and crude oil prices since the
light metal industry is highly energy intensive. Currently, Crude oil prices
are languishing near nine-month lows hit by a double whammy of recovery in OPEC
output in May’17 coupled with rising US production. While on the other hand,
coking coal prices are hovering near one year lows in China despite rising
imports from China.
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NICKEL TIPS
Nickel prices
were trading lower by 0.57 per cent to Rs 645.80 per kg in futures trade today
amid profit-booking by speculators and easing demand at the domestic spot
market. At the Multi Commodity Exchange, nickel for delivery in July fell by Rs
3.70, or 0.57 per cent, to Rs 645.80 per kg in a business turnover of 824 lots.
Likewise, the metal for delivery in August was trading lower by Rs 3.60, or
0.55 per cent, to Rs 650.20 per kg in 272 lots. Market men said profit-booking
by participants at prevailing levels amid fall in demand from makers in the
spot market, mainly influenced nickel prices at futures trade.
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ZINC
Zinc prices
declined by 0.53 per cent to 178.45 per kg in futures market today as
speculators cut down positions, taking negative cues from spot market on tepid
demand from consuming industries. At the Multi Commodity Exchange, zinc for
delivery in July slipped by 95 paisa, or 0.53 per cent, to Rs 178.45 per kg in
a business turnover of 2,164 lots. Likewise, the metal for delivery in August
was trading lower by a similar margin at Rs 178.65 per kg in 292 lots. Market
analysts attributed the weakness in zinc futures to offloading of positions by
participants amid sluggish demand from consuming industries in the physical
market.
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CRUDE OIL TRENDS
Copper futures fell 0.64 per cent to Rs 412 per kg today as
speculators booked profits at prevailing high levels amid low demand at spot
markets. At the Multi Commodity Exchange, copper for delivery in far-month
November declined by Rs 2.65, or 0.64 per cent to Rs 412 per kg in a business
turnover of 44 lots. The metal for delivery in August month shed Rs 2.30 or
0.56 per cent to Rs 405.70 per kg in a business volume of 832 lots. Analysts
attributed the fall to offloading of positions by speculators at prevailing
higher levels coupled with subdued spot demand.
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CRUDE OIL TRENDS
Oil prices jumped over one percent in American trade as the
dollar index edged down to near the lowest since June 23, 2016, following
earlier data from the US, and ahead of Federal Reserve Bank of Minneapolis
President Neel Kashkari's speech in Minnesota. On Wednesday, the Energy
Information Administration released its report on US crude stocks, showing a
deficit of 7.2 million barrels in the week ending July 21, adding to the 4.7M
drop in the previous week, while analysts expected only a 3.3M drawdown, with
total stocks now reaching 483.4 million barrels, remaining within the uppermost
range on average in this time of year. Otherwise, gasoline stocks fell one
million barrels, while distillate inventories declined 1.9 million barrels,
both remaining within the uppermost range on average in this time of year
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SILVER TRENDS
Silver futures
rose almost one percent to near one-month high, on track for the third weekly
profit in a row as the dollar index hit a fresh 13-month low following earlier
data from the US, the world's largest economy. Otherwise from the US, earlier
data showed durable goods orders rose above expectations in June, as core
orders, excluding transportation slowed down unexpectedly. Similarly the US
goods trade deficit shrank more than expected, as wholesale inventories rose
sharply in May past forecasts, and finally, unemployment claims rose more than
expected last week.
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COMMODITY TRENDS
Earlier US data
showed GDP growth at 2.6% in the second quarter, up from 1.4% in the first
quarter, and besting expectations of 2.5%, while the preliminary reading for
GDP prices slowed down to 1.0% from 1.9%, missing expectations of 1.3, and
finally, the Employment Cost Index slowed down as well more than forecast.
University of Michigan released its second and final reading for the consumer
sentiment survey in July, showing a rise to 93.4 from the preliminary reading
of 93.1, besting expectations of 93.2, while below June's reading of 97.1. On
Wednesday, the Federal Reserve voted to maintain overnight interest rates at
between 1% and 1.25% at the Federal Open Market Committee's policy meeting in
Washington, while asserting their intention to start normalizing their massive
$4.5 trillion balance sheet later this year.
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Thursday, 27 July 2017
COMMODITY TIPS
CALL :- BUY GOLD ABOVE 28540 TG1-28590 TG2-28640 TG3-28690 SL BELOW 28460
FOR FREE TRIAL CLICK ON BELOW LINK
BEST COMMODITY TIPS
CALL :- SELL CRUDEOIL BELOW 3130 TG1-3115 TG2-3100 TG3-3085 SL ABOVE 3150
FOR FREE TRIAL CLICK ON BELOW LINK
Sunday, 23 July 2017
COMMODITY TIPS
CALL :- BUY LEAD ABOVE 144.30 TG1-144.80 TG2-145.30 TG3-145.80 SL BELOW 143
FOR FREE TRIAL CLICK ON BELOW LINK
FREE AGRI COMMODITY TIPS
UPDATE: - KINDLY BOOK PARTIAL PROFIT IN JEERA SELL CALL 1ST TGT 19140 HAS ACHIEVED PROFIT RS. 3600/- IN 2 LOTS
FOR FREE TRIAL CLICK ON BELOW LINK
NCDEX INTRADAY TIPS
UPDATE: - KINDLY BOOK PARTIAL PROFIT IN JEERA SELL CALL 2ND TGT 19080 HAS ACHIEVED PROFIT RS. 7200/- IN 2 LOTS
FOR FREE TRIAL CLICK ON BELOW LINK
AGRI COMMODITY TIPS
CALL :- SELL JEERA BELOW 19200 TG1-19140 TG2-19080 TG3-19020 SL ABOVE 19540
FOR FREE TRIAL CLICK ON BELOW LINK
BEST NCDEX TIPS
CALL :- SELL TURMERIC BELOW 7000 TG1-6970 TG2-6940 TG3-6910 SL ABOVE 7152
FOR FREE TRIAL CLICK ON BELOW LINK
COMMODITY TIPS
CALL :- SELL ZINC BELOW 178.65 TG1-178.15 TG2-177.65 TG3-177.15 SL ABOVE 179.90
FOR FREE TRIAL CLICK ON BELOW LINK
Saturday, 22 July 2017
COMMODITY TRENDS
|
|
R1
|
S1
|
|
GOLD
|
28750
|
28007
|
|
SILVER
|
38380
|
36200
|
|
CRUDE
|
3060
|
2870
|
|
COPPER
|
391
|
376
|
|
LEAD
|
148
|
139
|
|
NICKEL
|
616
|
599
|
|
ALUMINIUM
|
124
|
120
|
|
ZINC
|
181
|
169
|
Aluminum Trends
Aluminum:-
The Aluminum is bearish for medium-long term
.Currently Aluminum is moving sideways The Aluminum is now trading in oversold
level. The Aluminum is now trading in oversold level. The oscillator is showing
sell signal .In last 1 month volatility is very less buy the Aluminum above 124
or buys with strict stop at 120. The Aluminum is now trading in oversold level.
The Aluminum is now trading in oversold level. The oscillator is showing sell
signal for short term Aluminum is in hold short position. Immediate support for Aluminum is
120.Resistance for the Aluminum is 124
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Nickel TRENDS
Nickel:-
The Nickel is
bearish for medium-long term Currently Nickel is in strong uptrend but volume
is unsatisfactory the open interest is not increasing with trend. The
oscillator is showing buy signal for short term Nickel is in hold long
position. Support for the Nickel is 599.Resistance for the Nickel is 616.
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LEAD TRENDS
Lead:-
Trend of the
Lead is bearish for medium-long term .Currently Lead is in strong downtrend
with good momentum but volume is unsatisfactory the open interest is not
increasing with trend. Noting point is selling at lower levels seems
decreasing. The oscillator is showing SELL signal for short term Lead is in
sell position. Support for the Lead is 139.Resistance for the Lead is 148.
Currently Lead is in hold short position Lead has formed a new 5 day low
yesterday but failed to keep the trend so if selling has to considered better
below139.9 Buy if above 149.45 The Lead is now trading in highly oversold
level. The oscillator is showing SELL signal.
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ZINC TRENDS
Zinc :
The Zinc is in
long- medium- term bull phase .Currently Zinc is showing some down move and
trend is strong momentum is also showing strength and supported with good
volume The open interest is not increasing with trend . Caution note selling at
lower levels seems decreasing. The oscillator is showing SELL signal For short
term Zinc is in sell position. Support for the Zinc is 169.Resistance for the
Zinc is 181
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COPPER TIPS
Copper:
LME Copper prices are currently trading lower by 0.1 percent at
$5734/t. Prices are expected to trade sideways today as latest hawkish comments
by Fed member Patrick Harker to keep a pause on rate hikes will provide some
relief. Also, consistent decline in LME stocks will provide a cushion. We
expect MCX copper prices to trade sideways today. the Copper is bearish for
medium-long term .Currently Copper is moving sideways The oscillator is showing
SELL signal .In last 1 month volatility is very less buy the Copper above 379
or buy with strict stop at 358. The oscillator is showing sell signal for short
term Copper is in hold long position. Support for the Copper is 365.Resistance
for the Copper is 380.
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