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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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Major Economic Data Today Evening
Volatile move expected ahead today!
š Commodities šŖ Morning Update by IMV (26th Oct 2023) š®š³āš»
āļø Kindly follow our levels carefully. š§šš»
āļø Silver has support at 71400 while resistance at 72000. Sustainable trade below 71400 will take it to 71100...70800 very soon. If it breaks and sustain the resistance level of 72000 then will take it to 72300---72600, respectively.
āļø Zinc (Nov) has support at 219.80 and resistance at 223.80 Break and sustained below 219.80 will see the downside move 217.80---215.80 and if sustained above 223.80 can see further upside towards 225.80ā¦227.80 levels.
āļø Crude Oil has support at 7050 and resistance at 7140. Sustainable trade below 7050 can see more downside towards 7010ā¦6970 and if sustained above 7140 will see the upside move towards 7190ā¦7230 levels.
š Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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*As per actual data, Impact Negative for Crude Oil**
š¢ MCX Commodities šŖ Evening Session Technical Levels š§ by IMV (25th Oct 2023) āļø
āļø Kindly follow our levels carefully. š¤šš»
āļø Silver (Dec) š„ has support at 71200 while resistance at 71800. Sustainable trade below 71200 will take it to 70900...70600 very soon. If it breaks and sustain the resistance level of 71800 then will take it to 72100---72400, respectively.
āļø Zinc (Nov) š„ has support at 220 and resistance at 224 Break and sustained below 220 will see the downside move 218---216 and if sustained above 224 can see further upside towards 226ā¦228 levels.
āļø Natural Gas (Nov) ā½ support has 274 and resistance 284. Sustainable trade above 284 can see more rally towards the next level of 290, 295 and if sustained below 274 then can move towards 269ā¦264.
š Rest Gold, Copper, Aluminium and Crude Oil evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
Major US Economic Data Today Evening
07:30 PM : New Homes Sales Data
08:00 PM : Crude Oil Inventories
LME Inventory For Today (25th Oct 2023)
Aluminium up by 8175MT,
Copper down by -2300MT,
Lead up by 4500MT,
Nickel down by -12MT
Zinc down by -300MT.
Team Indian Market View
š Commodities šŖ Morning Update by IMV (25th Oct 2023) š®š³āš»
āļø Kindly follow our levels carefully. š§šš»
āļø Gold has support at 60300 and resistance 60600. Break and sustain below 60300 will take it to the next support level of 60150...60000 and sustainable trade above 60600 can see further upside move towards the next resistance level of 60750ā¦60900
āļø Copper has support at 696 and resistance at 702 Sustainable trade above 702 will see the upside move towards 705, 708 and if sustained below 696 can catch the downside move towards 693, 690 respectively.
āļø Crude Oil has support at 6930 and resistance at 7010. Sustainable trade below 6930 can see more downside towards 6890ā¦6850 and if sustained above 7010 will see the upside move towards 7050ā¦7090 levels.
š Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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Evening Session Technical Support and Resistance Levels of Major MCX Commodities
āļø Kindly follow our levels carefully.
āļø Gold (Dec) has support at 60000 and resistance 60350. Break and sustain below 60000 will take it to the next support level of 59850...59700 and sustainable trade above 60350 can see further upside move towards the next resistance level of 60500ā¦60650
āļø Silver (Dec) has support at 71100 while resistance at 71700. Sustainable trade below 71100 will take it to 70800...70500 very soon. If it breaks and sustain the resistance level of 71700 then will take it to 72000---72300, respectively.
āļø Copper (Oct) has support at 694 and resistance at 700 Sustainable trade above 700 will see the upside move towards 703, 706 and if sustained below 694 can catch the downside move towards 691, 688 respectively.
āļø Zinc (Oct) has support at 216 and resistance at 220 Break and sustained below 216 will see the downside move 214---212 and if sustained above 220 can see further upside towards 222ā¦224 levels.
āļø Aluminium (Oct) has support at 199 and resistance at 203 Sustainable trade below 199 can see the downside move towards 197...195 and if sustains above 203 will take it to 205, 207 very soon.
āļø Natural Gas (Nov) support has 270 and resistance 282. Sustainable trade above 282 can see more rally towards the next level of 288, 293 and if sustained below 270 then can move towards 264ā¦258.
āļø Crude Oil (Nov) has support at 7070 and resistance at 7170. Sustainable trade below 7070 can see more downside towards 7030ā¦6990 and if sustained above 7170 will see the upside move towards 7210ā¦7250 levels.
Team Indian Market View
Today evening session will be open at 5 PM
š¢ MCX Commodities šŖ Evening Session Technical Levels š§ by IMV (23rd Oct 2023) āļø
āļø Kindly follow our levels carefully. š¤šš»
āļø Silver š„ has support at 72200 while resistance at 72800. Sustainable trade below 72200 will take it to 71000...70700 very soon. If it breaks and sustain the resistance level of 72800 then will take it to 73000---73300, respectively.
āļø Copper āļø has support at 689.50 and resistance at 695.50 Sustainable trade above 695.50 will see the upside move towards 698.50, 700 and if sustained below 689.50 can catch the downside move towards 686.50, 684 respectively.
āļø Natural Gas ā½ support has 236 and resistance 246. Sustainable trade above 246 can see more rally towards the next level of 251, 256 and if sustained below 236 then can move towards 231ā¦226.
š Rest Gold, Zinc, Aluminium and Crude Oil evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
LME Inventory For Today (23rd Oct 2023)
Aluminium up by 8175MT
Copper down by -1475MT
Lead up by 4500MT
Nickel up by 1668MT
Zinc down by -625MT
Team Indian Market View
š Commodities šŖ Morning Update by IMV (23rd Oct 2023) š®š³āš»
Happy Mahanavmi ššļø
āļø Kindly follow our levels carefully. š§šš»
āļø Silver has support at 72300 while resistance at 72900. Sustainable trade below 72300 will take it to 72000...71700 very soon. If it breaks and sustain the resistance level of 72900 then will take it to 73200---73500, respectively.
āļø Zinc has support at 216.50 and resistance at 220.50 Break and sustained below 216.50 will see the downside move 214.50---212.50 and if sustained above 220.50 can see further upside towards 222.50ā¦224.50 levels.
āļø Crude Oil has support at 7210 and resistance at 7300. Sustainable trade below 7210 can see more downside towards 7170ā¦7130 and if sustained above 7300 will see the upside move towards 7340ā¦7380 levels.
š Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
Dear Friends
Due to some personal reasons we have not published "Weekly MCX Commodities Levels Report" this week.
We will publish the same next week.
Sorry for the inconvenience š
Team Indian Market View
š¢ MCX Commodities šŖ Evening Session Technical Levels š§ by IMV (20th Oct 2023) āļø
No Major*US šŗšø Economic Data š Today
āļø Kindly follow our levels carefully. š¤šš»
āļø Silver š„ has support at 72100 while resistance at 72700. Sustainable trade below 72100 will take it to 71800...71500 very soon. If it breaks and sustain the resistance level of 72700 then will take it to 73000---73300, respectively.
āļø Zinc š„ has support at 216.60 and resistance at 220.60 Break and sustained below 216.60 will see the downside move 214.60---212.60 and if sustained above 220.60 can see further upside towards 222.60ā¦224.40 levels.
āļø Natural Gas ā½ support has 240 and resistance 250. Sustainable trade above 250 can see more rally towards the next level of 255, 260 and if sustained below 240 then can move towards 235ā¦230.
š Rest Gold, Copper, Aluminium and Crude Oil evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
LME Inventory For Today (20th Oct 2023)
Aluminium: Down By 2000
Copper: Up by 75
Lead: Up by 2000
Zinc: Down by 650
Nickel: Down by 66
Team Indian Market View
**For more details about our 'DUSSEHRA OFFER'** š§Øš„
Call Us on āļø +91-7065111166
OR WhatsApp Us š wa.link/indianmarketview
**Team Indian Market View**
š Commodities šŖ Morning Update by IMV (20th Oct 2023) š®š³āš»
āļø Kindly follow our levels carefully. š§šš»
āļø Gold has support at 60450 and resistance 60750. Break and sustain below 60450 will take it to the next support level of 60300...60150 and sustainable trade above 60750 can see further upside move towards the next resistance level of 60900ā¦61050
āļø Copper has support at 696.50 and resistance at 702 Sustainable trade above 702 will see the upside move towards 705, 708 and if sustained below 696.50 can catch the downside move towards 693.50, 690.50 respectively.
āļø Natural Gas support has 240 and resistance 250. Sustainable trade above 250 can see more rally towards the next level of 255, 260 and if sustained below 240 then can move towards 235ā¦230.
š Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
US Fed Chairman speech at 09:30 PM... For safer side be cautious
