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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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🌞 Commodities 🪙 Morning Update by IMV (25th May 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold (June) has support at 59550 and resistance 59850.Break and sustain below 59550 will take it to the next support level of 59400...59250 and sustainable trade above 59850 can see further upside move towards the next resistance level of 60000…60150
✒️ Zinc (June) has support at 206 and resistance at 210.50 Break and sustained below 206 will see the downside move 204---202 and if sustained above 210.50 can see further upside towards 212.50…214.50 levels.
✒️ Crude oil (June) has support at 6110 and resistance at 6190. Sustainable trade below 6110 can see more downside towards 6070…6030 and if sustained above 6190 will see the upside move towards 6230…6270 levels.
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Team Indian Market View
As per other inventory data also. It is positive for Crude Oil.
Crude Oil Inventories
Previous: 5.0M
Forecast: 1.9M
Actual: -12.5M
IMPACT: As per Crude Oil inventories it is Positive for it's prices
Crude Oil Inventories
Previous: 5.0M
Forecast: 1.9M
Actual: -12.5M
IMPACT: As per Crude Oil inventories it is Positive for it's prices
But overall view will be decided as per complete inventory report... Which we will publish shortly.
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (24th May 2023) ✍️
Today Evening Important US Economic Key Events
07:35 PM : Treasury Sec Yellen Speaks
08:00 PM : Crude Oil Inventories
11:30 PM : ⚠️ FOMC Meeting Minutes
✒️ Kindly follow our levels carefully. 🤓👇🏻😁
✒️ Gold 🥇 has support at 60050 and resistance 60350. Break and sustain below 60050 will take it to the next support level of 59900...59750 and sustainable trade above 60350 can see further upside move towards the next resistance level of 60500…60650
✒️ Silver 🥈 has support at 71500 while resistance at 72100. Sustainable trade below 71500 will take it to 71200...71000 very soon. If it breaks and sustain the resistance level of 72100 then will take it to 72400---72700 respectively.
✒️ Copper ⛓️ has support at 700 and resistance at 706. Sustainable trade above 706 will see the upside move towards 709, 712 and if sustained below 700 can catch the downside move towards 697, 694 respectively.
✒️ Zinc 🥉 has support at 208.50 and resistance at 212.50 Break and sustained below 208.50 will see the downside move 206.50---204.50 and if sustained above 212.50 can see further upside towards 214.50…216.50 level.
✒️ Aluminium 🪩 has support at 205.50 and resistance at 209.50 Sustainable trade below 205.50 can see the downside move towards 203.50...201 and if sustains above 209.50 will take it to 211.50, 213.50 very soon.
✒️ Natural gas (June) ⛽ support has 204 and resistance 214. Sustainable trade above 214 can see more rally towards the next level of 220, 225 and if sustained below 204 then can move towards 199....194.
✒️ Crude oil (June) 🛢️ has support at 6110 and resistance at 6210. Sustainable trade below 6110 can see more downside towards 6070…6030 and if sustained above 6210 will see the upside move towards 6250…6290 levels.
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LME Inventory For Today
Aluminium down by -200MT
Copper up by 1650MT
Lead up by 500MT
Nickel up by 72MT
Zinc down by -75MT
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (24th May 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Silver (July) has support at 71600 while resistance at 72200. Sustainable trade below 71600 will take it to 71300...71000 very soon. If it breaks and sustain the resistance level of 72200 then will take it to 72500---72800, respectively.
✒️ Copper (May) has support at 701 and resistance at 707. Sustainable trade above 707 will see the upside move towards 710, 713 and if sustained below 701 can catch the downside move towards 698, 695 respectively.
✒️ Natural gas (June) support has 201 and resistance 212. Sustainable trade above 212 can see more rally towards the next level of 218, 224 and if sustained below 201 then can move towards 196…191.
Rest of the commodities morning levels send to paid subscribers. 😊
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Good morning dear traders have a great day ahead
Due to some technical issues we will publish today's morning levels around 10.30 AM Today!
Sorry for inconvenience 🙏
New Home Sales
Previous: 683K
Forecast: 665K
Actual: 683K
Richmond Manufacturing Index
Previous: -10
Forecast: -8
Actual: -15
Impact: As per Actual Figure Data is MIX Impact for BULLION.
Team Indian Market View
Now all eyes 👀 would be on New Home Sales Data at 07:30 PM
US Economic Data at 07:15 PM
Flash Manufacturing PMI
Previous: 50.20
Forecast: 50.00
Actual: 48.50
Flash Services PMI
Previous: 53.60
Forecast: 52.60
Actual: 55.1
Impact: As per FORECAST Figure Data is MIX Impact for BULLION
Team Indian Market View
New Home Sales and Richmond Manufacturing Index data is at 07:30 PM
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (23rd May 2023) ✍️
Major US Economic Data at today evening session!
07:15 PM : Flash Manufacturing PMI, Flash Services PMI, New Home Sales and Richmond Manufacturing Index
(All data are important and will impact Bullion as well as Base Metals Prices also)
✒️ Kindly follow our levels carefully. 🤓👇🏻😁
✒️ Gold 🥇 has support at 59600 and resistance 59900. Break and sustain below 59600 will take it to the next support level of 59450...59300 and sustainable trade above 59900 can see further upside move towards the next resistance level of 60050…60200
✒️ Silver 🥈 has support at 70900 while resistance at 71400. Sustainable trade below 70900 will take it to 70600...70300 very soon. If it breaks and sustain the resistance level of 71400 then will take it to 71700---72000 respectively.
✒️ Copper ⛓️ has support at 706 and resistance at 712. Sustainable trade above 712 will see the upside move towards 715, 718 and if sustained below 706 can catch the downside move towards 703, 700 respectively.
✒️ Zinc 🥉 has support at 214.50 and resistance at 218.50 Break and sustained below 214.50 will see the downside move 212.50---210.50 and if sustained above 218.50 can see further upside towards 220.50…222.50 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.
✒️ Natural gas ⛽ support has 192 and resistance 203. Sustainable trade above 203 can see more rally towards the next level of 208, 214 and if sustained below 192 then can move towards 186....180.
✒️ Crude oil (June) 🛢️ has support at 5950 and resistance at 6030. Sustainable trade below 5950 can see more downside towards 5910…5870 and if sustained above 6030 will see the upside move towards 6070…6110 levels.
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LME Inventory for today (23rd April 2023)
Aluminium up by 4750MT
Copper up by 2675MT
Lead up by 200MT
Nickel up by 72MT
Zinc down by -200MT
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (23rd May 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold has support at 59750 and resistance 60050.Break and sustain below 59750 will take it to the next support level of 59600...59550 and sustainable trade above 60050 can see further upside move towards the next resistance level of 60200…60350
✒️ Zinc has support at 218.50 and resistance at 222.50 Break and sustained below 218.50 will see the downside move 216.50---214.50 and if sustained above 222.50 can see further upside towards 224.50…226.50 levels.
✒️ Crude oil has support at 5960 and resistance at 6040. Sustainable trade below 5960 can see more downside towards 5920…5880 and if sustained above 6050 will see the upside move towards 6090…6130 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
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (22nd May 2023) ✍️
No US Economic Data Today
✒️ Kindly follow our levels carefully. 👇🏻🤓
✒️ Gold 🥇 has support at 60250 and resistance 60550. Break and sustain below 60250 will take it to the next support level of 60100...59950 and sustainable trade above 60550 can see further upside move towards the next resistance level of 60700…60850
✒️ Silver 🥈 has support at 73000 while resistance at 73600. Sustainable trade below 73000 will take it to 72700...72400 very soon. If it breaks and sustain the resistance level of 73600 then will take it to 73900---74200 respectively.
✒️ Copper ⛓️ has support at 715 and resistance at 721. Sustainable trade above 721 will see the upside move towards 724, 727 and if sustained below 715 can catch the downside move towards 712, 709 respectively.
✒️ Zinc 🥉 has support at 221 and resistance at 225 Break and sustained below 221 will see the downside move 219---217 and if sustained above 225 can see further upside towards 227…229 level.
✒️ Aluminium 🪩 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 ⛽ support has 204 and resistance 214. Sustainable trade above 214 can see more rally towards the next level of 220, 226 and if sustained below 204 then can move towards 198....192.
✒️ Crude oil (June) 🛢️ has support at 5910 and resistance at 6000. Sustainable trade below 5910 can see more downside towards 5860…5820 and if sustained above 6000 will see the upside move towards 6040…6080 levels.
www.indianmarketview.com
LME Inventory for today!
Aluminium up by 1800MT
Copper up by 175MT
Lead up by 150MT
Nickel down by -6MT
Zinc down by -400MT
Team Indian Market View
📢 MCX कमोडिटी वीकली लेवल्स (22 to 26 मई 2023) 📉📈📊
भुगतान करने के लिए कृपया लिंक पर क्लिक करें 👇👇
rpy.club/lm/smQwhejLLZ
📌 भुगतान के बाद आपको तुरंत पीडीएफ में हमारी साप्ताहिक रिपोर्ट डाउनलोड करने के लिए लिंक मिल जाएगा (कृपया अपना डाउनलोड फ़ोल्डर जांचें)
📌 यह रिपोर्ट हिंदी और इंग्लिश दोनों भाषाओ में है।
📌 हम पूरे सप्ताह अपने लेवल्स से रिलेटेड फॉलो अप मेसेजेस आपको WhatsApp द्वारा भेजेंगे जिसका पूरा विवरण रिपोर्ट में है। कृपया और जानकारी के लिए रिपोर्ट को पूरा पढ़े।
📌 यह लिंक केवल दोपहर 1 बजे तक काम करेगा। उसके बाद हम कोई भी पेमेंट स्वीकार नहीं कर पाएंगे।
धन्यवाद टीम इंडियन मार्केट व्यू
