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Indian Market View Commodity Channel (SEBI Registered)

Indian Market View Commodity Channel (SEBI Registered)

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Official Channel of Indian Market View for Commodities. SEBI Reg. Research Analyst INH000010371 All opinions & views shared here are for Educational Purpose. Kindly consult your financial advisor. Call: 8744868888 www.indianmarketview.com

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#MCX #Commodities Morning Update by IMV (11th Apr 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver has support at 74300 while resistance at 75000. Sustainable trade below 74300 will take it to 74000...73700 very soon. If it breaks and sustain the resistance level of 75000 then will take it to 75300---75600, respectively. ✒️ #Zinc has support at 245.50 and resistance at 249.50 Break and sustained below 245.50 will see the downside move 243.50---241.50 and if sustained above 249.50 can see further upside towards 251.50…253.50 levels. ✒️ #CrudeOil has support at 6540 and resistance at 6650. Sustainable trade below 6540 can see more downside towards 6500…6460 and if sustained above 6650 will see the upside move towards 6690…6730 levels. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

CHINA INFLATION DATA UPDATE 📊📊 CHINESE CPI YOY ACTUAL 0.7% FORECAST 1.1% PREVIOUS 1.0% CHINESE PPI YOY ACTUAL -2.5% FORECAST -2.5% PREVIOUS -1.4% Impact: Data figure is slightly positive for Base Metals prices Team Indian Market View

#MCX #Commodities Evening Session Technical Levels by IMV (10th April 2023) ✍️ Major #USEconomic Data at today evening session 👇🏻 07:30 PM : Final Wholesale Inventories m/m ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Gold 🥇 has support at 60200 and resistance 60500. Break and sustain below 60200 will take it to the next support level of 60050...59900 and sustainable trade above 60500 can see further upside move towards the next resistance level of 60650…60800 ✒️ #Silver 🥈 has support at 74300 while resistance at 75000. Sustainable trade below 74300 will take it to 74000...73700 very soon. If it breaks and sustain the resistance level of 75000 then will take it to 75300---75600 respectively. ✒️ #Copper ⛓️ has support at 768 and resistance at 774. Sustainable trade above 774 will see the upside move towards 777, 780 and if sustained below 768 can catch the downside move towards 765, 762 respectively. ✒️ #Zinc 🥉 has support at 245 and resistance at 250 Break and sustained below 245 will see the downside move 243---241 and if sustained above 250 can see further upside towards 252…254 level. ✒️ #Aluminium 🪩 has support at 205 and resistance at 209 Sustainable trade below 205 can see the downside move towards 203...201 and if sustains above 209 will take it to 211, 213 very soon. ✒️ #NaturalGas ⛽ has support at 166 and resistance 176. Sustainable trade above 176 can see more rally towards the next level of 181, 191 and sustained below 166 then can move towards 161....156. ✒️ #CrudeOil 🛢️ has support at 6580 and resistance at 6680. Sustainable trade below 6580 can see more downside towards 6540…6500 and if sustained above 6680 will see the upside move towards 6720…6760 levels. www.indianmarketview.com

No LME data today as UK will be closed in account of Easter Monday.

#MCX #Commodities Morning Update by IMV (10th Apr 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver has support at 73900 while resistance at 74500. Sustainable trade below 73900 will take it to 73600...73300 very soon. If it breaks and sustain the resistance level of 74500 then will take it to 74800---75100, respectively. ✒️ #Copper has support at 767 and resistance at 773. Sustainable trade above 773 will see the upside move towards 776, 779 and if sustained below 767 can catch the downside move towards 764, 761 respectively. ✒️ #CrudeOil has support at 6550 and resistance at 6640. Sustainable trade below 6550 can see more downside towards 6510…6470 and if sustained above 6640 will see the upside move towards 6680…6720 levels. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

Natural Gas Storage Actual: -23B Forecast: -20B Previous: -47B AS PER DATA IT IS POSITIVE FOR NATURAL GAS PRICES

USA Unemployment Claims Forecast 200K Previous 198K Actual 228K IMPACT: As per data figure it is Positive for Bullion

#MCX #Commodities Evening Session Technical Levels by IMV (06th April 2023) ✍️ Major #USEconomic Data at today evening (06th April 2023) 06:00 PM : #UnemploymentClaims 08:00 PM : #NaturalGasStorage ✒️ Kindly follow our levels carefully. 👇🏻🧐 ✒️ #Gold (June) 🥇 has support at 60650 and resistance 60950. Break and sustain below 60650 will take it to the next support level of 60500...60350 and sustainable trade above 60950 can see further upside move towards the next resistance level of 61100…61250 ✒️ #Silver 🥈 has support at 74400 while resistance at 75000. Sustainable trade below 74400 will take it to 74100...73800 very soon. If it breaks and sustain the resistance level of 75000 then will take it to 75300---75600 respectively. ✒️ #Copper ⛓️ has support at 768 and resistance at 774. Sustainable trade above 774 will see the upside move towards 777, 780 and if sustained below 768 can catch the downside move towards 765, 762 respectively. ✒️ #Zinc 🥉 has support at 246.50 and resistance at 250.50 Break and sustained below 246.50 will see the downside move 244.40---242 and if sustained above 250.50 can see further upside towards 252.50…254 level. ✒️ #Aluminium 🪩 has support at 205 and resistance at 209 Sustainable trade below 205 can see the downside move towards 203...201 and if sustains above 209 will take it to 211, 213 very soon. ✒️ #NaturalGas ⛽ has support at 172 and resistance 184. Sustainable trade above 184 can see more rally towards the next level of 190, 195 and sustained below 172 then can move towards 166....160. ✒️ #CrudeOil 🛢️ has support at 6550 and resistance at 6640. Sustainable trade below 6550 can see more downside towards 6510…6470 and if sustained above 6640 will see the upside move towards 6680…6720 levels. www.indianmarketview.com

#LME Inventory for today (06th April 2023) #Aluminium down by -25MT, #Copper up by 175MT, #Lead up by 675MT, #Nickel up by 264MT #Zinc up by 6000MT. www.indianmarketview.com

#MCX #Commodities Morning Update by IMV (06 Apr 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver has support at 74000 while resistance at 74600. Sustainable trade below 74000 will take it to 73700...73400 very soon. If it breaks and sustain the resistance level of 74600 then will take it to 74900---75200, respectively. ✒️ #Copper has support at 767 and resistance at 773. Sustainable trade above 773 will see the upside move towards 776, 779 and if sustained below 767 can catch the downside move towards 764, 761 respectively. ✒️ #NaturalGas support has 171 and resistance 182. Sustainable trade above 182 can see more rally towards the next level of 188, 194 and if sustained below 171 then can move towards 166…161. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

Nifty and Bank Nifty Technical Support and Resistance Level for (06th April 2023)
Nifty and Bank Nifty Technical Support and Resistance Level for (06th April 2023)

ADP Non farm Employement Change Data Previous : 242K Forecast : 208K Actual : 145K IMPACT : As per data figure it is Positive for Bullion prices

Major #USEconomic Data for today (05th April 2023) 05:45 PM : ADP Non-Farm Employment Change 06:00 PM : Trade Balance 06:15 PM : Final Services PMI 07:30 PM : ISM Services PMI 08:00 PM : Crude Oil Inventories Team Indian Market View

#MCX #Commodities Evening Session Technical Levels by IMV (05th April 2023) ✍️ ✒️ Kindly follow our levels carefully. 👇🏻🧐 ✒️ #Gold 🥇 has support at 60850 and resistance 61150. Break and sustain below 60850 will take it to the next support level of 60700...60550 and sustainable trade above 61150 can see further upside move towards the next resistance level of 61300…61450 ✒️ #Silver 🥈 has support at 74300 while resistance at 75000. Sustainable trade below 74300 will take it to 74000...73700 very soon. If it breaks and sustain the resistance level of 75000 then will take it to 75300---75600 respectively. ✒️ #Copper ⛓️ has support at 760 and resistance at 766. Sustainable trade above 766 will see the upside move towards 769, 772 and if sustained below 760 can catch the downside move towards 757, 754 respectively. ✒️ #Zinc 🥉 has support at 248 and resistance at 252 Break and sustained below 248 will see the downside move 246---244 and if sustained above 252 can see further upside towards 254…256 level. ✒️ #Aluminium 🪩 has support at 204.80 and resistance at 208.60 Sustainable trade below 204.80 can see the downside move towards 202.60...200 and if sustains above 208.60 will take it to 210, 212 very soon. ✒️ #NaturalGas ⛽ has support 168 and resistance 180. Sustainable trade above 180 can see more rally towards the next level of 186, 192 and sustained below 168 then can move towards 162....156. ✒️ #CrudeOil 🛢️ has support at 6560 and resistance at 6650. Sustainable trade below 6560 can see more downside towards 6520…6480 and if sustained above 6650 will see the upside move towards 6690…6730 levels. www.indianmarketview.com

#LME Inventory for today (05th April 2023) Aluminium down by -2775MT Copper up by 1650MT Lead up by 675MT Nickel down by -444MT Zinc up by 6000MT Team Indian Market View

#MCX #Commodities Morning Update by IMV (05 Apr 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Gold (June) has support at 60900 and resistance 61200.Break and sustain below 60900 will take it to the next support level of 60750...60600 and sustainable trade above 61200 can see further upside move towards the next resistance level of 61350…61500 ✒️ #Zinc (April) has support at 249.50 and resistance at 253.50 Break and sustained below 249.50 will see the downside move 247.50---245.50 and if sustained above 253.50 can see further upside towards 255.50…257 levels. ✒️ #CrudeOil (April) has support at 6610 and resistance at 6710. Sustainable trade below 6610 can see more downside towards 6570…6530 and if sustained above 6710 will see the upside move towards 6750…6790 levels. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

GOLD and SILVER rocket 🚀🔥🚀🔥 Hope you all read our morning levels carefully!! 👉 GOLD above it's resistance of 60050.... Hit all targets till 60350. 👉 SILVER above it's resistance of 72500 hit all targets till 73100 Not only this 👉 COPPER on the downside hit all target. 👉 ZINC on the downise almost hit first target. 👉 CRUDE OIL almost reversed from it's resistance level. Team Indian Market View

JOLTS Job Openings Previous: 10.82M Forecast: 10.49M Actual: 9.93M Impact: As per data figure it is Positive for Bullion

Major MCX Commodities Evening Session Technical Levels (04th April 2023) 07:00 PM : JOLTS Job Openings and Factory Orders m/m ✒️ Kindly follow our levels carefully. ✒️ Gold (June) has support at 59750 and resistance 60050. Break and sustain below 59750 will take it to the next support level of 59600...59450 and sustainable trade above 60050 can see further upside move towards the next resistance level of 60200…60350 ✒️ Silver (May) has support at 71800 while resistance at 72500. Sustainable trade below 71800 will take it to 71500...71200 very soon. If it breaks and sustain the resistance level of 72500 then will take it to 72800---73100 respectively. ✒️ Copper (April) has support at 774 and resistance at 780 Sustainable trade above 780 will see the upside move towards 783, 786 and if sustained below 774 can catch the downside move towards 771, 768 respectively. ✒️ Zinc (April) has support at 253 and resistance at 257 Break and sustained below 253 will see the downside move 251---249 and if sustained above 257 can see further upside towards 259…261 level. ✒️ Aluminium (April) has support at 207 and resistance at 211 Sustainable trade below 207 can see the downside move towards 205...203 and if sustains above 211 will take it to 213, 215 very soon. ✒️ Natural gas (April) support has 172 and resistance 184. Sustainable trade above 184 can see more rally towards the next level of 190, 195 and sustained below 172 then can move towards 166....160. ✒️ Crude Oil (April) has support at 6620 and resistance at 6710. Sustainable trade below 6620 can see more downside towards 6580…6540 and if sustained above 6710 will see the upside move towards 6750…6790 levels. Team Indian Market View