Indian Market View Commodity Channel (SEBI Registered)

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#MCX #Commodities Evening Session Technical Levels by IMV (09th Feb 2024) ✍️ NO US Economic Data Today (09th Feb 2024) ✒️ Kindly follow our levels carefully ✒️ #Gold (Apr) 🥇 has support at 62250 and resistance 62550. Break and sustain below 62250 will take it to the next support level of 62100...62000 and sustainable trade above 62550 can see further upside move towards the next resistance level of 62700…62850 ✒️ #Silver (Mar) 🥈 has support at 70600 while resistance at 71200. Sustainable trade below 70600 will take it to 70300...70000 very soon. If it breaks and sustain the resistance level of 71200 then will take it to 71500---71800, respectively. ✒️ #Copper (Feb) ⛓️ has support at 703 and resistance at 708 Sustainable trade above 708 will see the upside move towards 710.50, 713 and if sustained below 703 can catch the downside move towards 700.50, 698 respectively. ✒️ #Zinc (Feb) 🥉 has support at 206 and resistance at 210 Break and sustained below 206 will see the downside move 204---202 and if sustained above 210 can see further upside towards 212…214 levels. ✒️ #Aluminium (Feb) 🪩 has support at 197.60 and resistance at 201.60 Sustainable trade below 197.60 can see the downside move towards 195.60...193.60 and if sustains above 201.60 will take it to 203.50, 205.50 very soon. ✒️ #NaturalGas (Feb) ⛽ support has 148 and resistance 158. Sustainable trade above 158 can see more rally towards the next level of 163, 168 and if sustained below 148 then can move towards 143…138. ✒️ #CrudeOil (Feb) 🛢️ has support at 6300 and resistance at 6380. Sustainable trade below 6300 can see more downside toward 6260…6220 and if sustained above 6380 will see the upside move towards 6420…6460 levels. www.indianmarketview.com

#LME Inventory for today (09th Feb 2024) #Aluminium up by 1300MT, #Copper unchanged, #Lead up by 4750MT, #Nickel up by 432MT #Zinc up by 10550MT. Team Indian Market View

#Commodities Morning Update by IMV (09th Feb 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ #Gold (April) has support at 62310 and resistance 62620. Break and sustain below 62310 will take it to the next support level of 62180...62020 and sustainable trade above 62620 can see further upside move towards the next resistance level of 62780…62920 ✒️ #Zinc (Feb) has support at 207 and resistance at 211 Break and sustained below 207 will see the downside move 205---203 and if sustained above 211 can see further upside towards 213…215 levels. ✒️ #CrudeOil (Feb) has support at 6280 and resistance at 6380. Sustainable trade below 6280 can see more downside toward 6240…6200 and if sustained above 6380 will see the upside move towards 6420…6460 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

Natural Gas Storage Actual Data: -75B IMPACT: Data is as per expectation and Neutral for NG Price.

Unemployment Claims Previous: 224K Forecast: 221K Actual: 218K Impact: NEGATIVE for Bullion

#MCX #Commodities Evening Session Technical Levels by IMV (08th Feb 2024) ✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ #Silver (Mar) 🥈 has support at 70100 while resistance at 70700. Sustainable trade below 70100 will take it to 69800...69500 very soon. If it breaks and sustain the resistance level of 70700 then will take it to 71000---71300, respectively. ✒️ #Copper (Feb) ⛓️ has support at 708.50 and resistance at 714.50 Sustainable trade above 714.50 will see the upside move towards 717.50, 720 and if sustained below 708.50 can catch the downside move towards 705.50, 703 respectively. ✒️ #CrudeOil (Feb) 🛢️ has support at 6110 and resistance at 6200. Sustainable trade below 6110 can see more downside toward 6070…6030 and if sustained above 6200 will see the upside move towards 6240…6280 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

Major US Economic Data Today (08th Feb 2024) 07:00 PM : Unemployment Claims 08:30 PM : Final Wholesale Inventories m/m (NOT very important) 09:00 PM : Natural Gas Storage

#LME Inventory for today (08th Feb 2024) Aluminium up by 1300MT Copper down by -25MT Lead up by 4750MT Nickel up by 576MT Zinc up by 10225MT Team Indian Market View

#Commodities Morning Update by IMV (08th Feb 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ #Silver (Mar) has support at 69800 while resistance at 70400. Sustainable trade below 69800 will take it to 69500...69200 very soon. If it breaks and sustain the resistance level of 70400 then will take it to 70700---71000, respectively. ✒️ #Zinc (Feb) has support at 213.60 and resistance at 217.60 Break and sustained below 213.60 will see the downside move 211.60---210 and if sustained above 217.60 can see further upside towards 218.60…220 levels. ✒️ #NaturalGas (Feb) support has 160 and resistance 170. Sustainable trade above 170 can see more rally towards the next level of 175, 180 and if sustained below 160 then can move towards 155…150. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

But Gasoline inventory came highly negative so it can push Crude Oil Prices then from upper levels we may see some pressure again

DATA IS NEGATIVE FOR CRUDE OIL PRICES

#MCX #Commodities Evening Session Technical Levels by IMV (07th Feb 2024) ✍️ Major US Economic Data Today (07th Feb 2024) 09:00 PM : Crude Oil Inventories Rest we have FOMC members speech at 09:30 PM and 11 PM ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ #Gold (Apr) 🥇 has support at 62300 and resistance 62600. Break and sustain below 62300 will take it to the next support level of 62150...62000 and sustainable trade above 62600 can see further upside move towards the next resistance level of 62750…62900 ✒️ #Zinc (Feb) 🥉 has support at 213 and resistance at 217 Break and sustained below 213 will see the downside move 211---209 and if sustained above 217 can see further upside towards 219…221 levels. ✒️ #NaturalGas (Feb) ⛽ support has 164 and resistance 174. Sustainable trade above 174 can see more rally towards the next level of 179, 184 and if sustained below 164 then can move towards 159…154. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

#LME Inventory for today (07th Feb 2024) #Aluminium up by 1300MT, #Copper down by -950MT, #Lead up by 4750MT, #Nickel up by 114MT #Zinc up by 9675MT. Team Indian Market View

#Commodities Morning Update by IMV (07th Feb 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ #Gold (April) has support at 62350 and resistance 62650. Break and sustain below 62350 will take it to the next support level of 62200...62050 and sustainable trade above 62650 can see further upside move towards the next resistance level of 62800…62950 ✒️ #Copper (Feb) has support at 714 and resistance at 720 Sustainable trade above 720 will see the upside move towards 723, 726 and if sustained below 714 can catch the downside move towards 711, 708 respectively. ✒️ #CrudeOil (Feb) has support at 6070 and resistance at 6160. Sustainable trade below 6070 can see more downside toward 6030…5990 and if sustained above 6160 will see the upside move towards 6200…6240 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

#MCX #Commodities Evening Session Technical Levels by IMV (06th Feb 2024) ✍️ No Major US Economic data today, only FOMC member Mester speech at 10.30 PM ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ #Gold (Apr) 🥇 has support at 62150 and resistance 62450. Break and sustain below 62150 will take it to the next support level of 62000...61850 and sustainable trade above 62450 can see further upside move towards the next resistance level of 62600…62750 ✒️ #Copper (Feb) ⛓️ has support at 713 and resistance at 719 Sustainable trade above 719 will see the upside move towards 722, 725 and if sustained below 713 can catch the downside move towards 710, 707 respectively. ✒️ #CrudeOil (Feb) 🛢️ has support at 6010 and resistance at 6100. Sustainable trade below 6010 can see more downside toward 5970…5930 and if sustained above 6100 will see the upside move towards 6140…6180 levels. 👉 Rest Silver, Zinc, Aluminium and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

#LME Inventory for today (06th Feb 2024) #Aluminium down by -4425MT, #Copper down by -325MT, #Lead up by 4575MT, #Nickel up by 78MT #Zinc up by 9250MT. Team Indian Market View

#Commodities Morning Update by IMV (06th Feb 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ #Silver (Mar) has support at 70100 while resistance at 70700. Sustainable trade below 70100 will take it to 69800...69500 very soon. If it breaks and sustain the resistance level of 70700 then will take it to 71000---71300, respectively. ✒️ #Zinc (Feb) has support at 215 and resistance at 219 Break and sustained below 215 will see the downside move 213---211 and if sustained above 219 can see further upside towards 221…223 levels. ✒️ #NaturalGas (Feb) support has 168 and resistance 178. Sustainable trade above 178 can see more rally towards the next level of 183, 188 and if sustained below 168 then can move towards 163…158. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com