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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 Evening Session Technical Levels by IMV (06 Mar 2023) ✍️ No Major #USEconomicData for today (06th March 2023) ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Gold 🥇 has support at 55800 and resistance 56100. Break and sustain below 55800 will take it to the next support level of 55650...55500 and sustainable trade above 56100 can see further upside move towards the next resistance level of 56250…56400 ✒️ #Silver 🥈 has support at 64400 while resistance at 65000. Sustainable trade below 64400 will take it to 64100...63800 very soon. If it breaks and sustain the resistance level of 65000 then will take it to 65300---65600 respectively. ✒️ #Copper 🥉 has support at 751 and resistance at 757. Sustainable trade above 757 will see the upside move towards 760, 763 and if sustained below 751 can catch the downside move towards 748, 745 respectively. ✒️ #Zinc 🥉 has support at 266 and resistance at 270 Break and sustained below 266 will see the downside move 264---262 and if sustained above 270 can see further upside towards 272…274 level. ✒️ #Aluminium 🪩 has support at 206 and resistance at 210 Sustainable trade below 206 can see the downside move towards 204...202 and if sustains above 210 will take it to 212, 214 very soon. ✒️ #NaturalGas ⛽ support has 216 and resistance 228. Sustainable trade above 228 can see more rally towards the next level of 234, 240 and sustained below 216 then can move towards 210....205. ✒️ #CrudeOil 🛢️ has support at 6410 and resistance at 6510. Sustainable trade below 6410 can see more downside towards 6370…6330 and if sustained above 6510 will see the upside move towards 6550…6590 levels. www.indianmarketview.com

#LME Inventory for today (06th March 2023) Aluminium down by -2375MT Copper up by 1850MT Lead down by -50MT Nickel down by -108MT Zinc up by 3575MT Team Indian Market View

#MCX #Commodities Morning Update by IMV 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver has support at 64600 while resistance at 65200. Sustainable trade below 64600 will take it to 64300...64000 very soon. If it breaks and sustain the resistance level of 65200 then will take it to 65500---65800, respectively. ✒️ #Copper has support at 755 and resistance at 761 Sustainable trade above 761 will see the upside move towards 764, 767 and if sustained below 755 can catch the downside move towards 752, 749 respectively. ✒️ #Crude oil has support at 6440 and resistance at 6520. Sustainable trade below 6440 can see more downside towards 6400…6360 and if sustained above 6520 will see the upside move towards 6560…6600 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

CURRENCY UPDATE ➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🇺🇸 USD/INR - 81.69 ⏬ (-0.67%) 🇪🇺 EUR/INR - 86.87 ⏬ (-0.35%) 🇬🇧 GBP/INR - 98.27 ⏬ (-0.15%) 🇦🇪 AED/INR - 22.20 ⏬ (-0.22%) 🇯🇵 INR/JPY - 1.66 ⏬ (-0.00%) 🇸🇬 SGD/INR - 60.77 ⏬ (-0.30%)

For more details about our GOLD and SILVER Package Call Us on ☎️ +91-7065111166 OR WhatsApp Us 👉 wa.link/indianmarketview Te
For more details about our GOLD and SILVER Package Call Us on ☎️ +91-7065111166 OR WhatsApp Us 👉 wa.link/indianmarketview Team Indian Market View

Download and have a look at our this week’s MCX Commodities Weekly Levels Report! Our levels worked well in Gold, Crude Oil, Natural Gas, Copper and Zinc Not only this, Gave trade ideas on Natural Gas, Gold and Copper. While NG and Gold hit given targets, Copper exited with loss of 2.50 Rs (Though given very less trade view this week, will compensate the same in coming week!) Team Indian Market View

Final Services PMI Actual: 50.6 Forecast: 50.5 Previous: 50.5 DATA IS AS PER EXPECTATIONS

#MCX #Commodities Evening Session Technical Levels by IMV (03 Mar 2023) ✍️ ✒️ Kindly follow our levels carefully. 👇🏻🧐 ✒️ #Gold 🥇 has support at 55700 and resistance 56000. Break and sustain below 55700 will take it to the next support level of 55550...55400 and sustainable trade above 56000 can see further upside move towards the next resistance level of 56150…56300 ✒️ #Silver 🥈 has support at 64200 while resistance at 64800. Sustainable trade below 64200 will take it to 63900...63600 very soon. If it breaks and sustain the resistance level of 64800 then will take it to 65100---65400 respectively. ✒️ #Copper 🥉 has support at 762 and resistance at 768. Sustainable trade above 768 will see the upside move towards 771, 774 and if sustained below 762 can catch the downside move towards 759, 756 respectively. ✒️ #Zinc 🥉 has support at 268 and resistance at 274 Break and sustained below 268 will see the downside move 266---264 and if sustained above 274 can see further upside towards 276…278 level. ✒️ #Aluminium 🪩 has support at 208 and resistance at 212 Sustainable trade below 208 can see the downside move towards 206...204 and if sustains above 212 will take it to 214, 216 very soon. ✒️ #NaturalGas ⛽ support has 224 and resistance 236. Sustainable trade above 236 can see more rally towards the next level of 242, 248 and sustained below 224 then can move towards 218....212. ✒️ #CrudeOil 🛢️ has support at 6360 and resistance at 6440. Sustainable trade below 6360 can see more downside towards 6320…6280 and if sustained above 6440 will see the upside move towards 6480…6520 levels. www.indianmarketview.com

#LME Inventory for today (03rd March 2023) Aluminium up by 17875MT Copper up by 6325MT Lead up by 50MT Nickel up by 852MT Zinc up by 3275MT. Team Indian Market View

#MCX #Commodities Morning Update by IMV 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver has support at 64100 while resistance at 64700. Sustainable trade below 64100 will take it to 63800...63500 very soon. If it breaks and sustain the resistance level of 64700 then will take it to 65000---65300, respectively. ✒️ #Lead has support at 181.50 and resistance at 185.50 Break and sustained below 181.50 will take it to 179.50...177 and sustainable trade above 185.50 will see the upside move towards 187.50, 189... ✒️ #CrudeOil has support at 6380 and resistance at 6460. Sustainable trade below 6380 can see more downside towards 6340…6300 and if sustained above 6460 will see the upside move towards 6500…6540 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

CHINESE CAIXIN SERVICES PMI ACTUAL 55.0 FORECAST 54.5 PREVIOUS 52.9 Impact: Slightly positive for Base Metals

Natural Gas Storage Actual: -81B Forecast: -72B Previous: -71B IMPACT : DATA IS SUPPORTIVE FOR NATURAL GAS PRICES

For more details about our BULLION PACKAGE Call Us on ☎️ +91-7065111166 OR WhatsApp Us 👉 wa.link/indianmarketview Team India
For more details about our BULLION PACKAGE Call Us on ☎️ +91-7065111166 OR WhatsApp Us 👉 wa.link/indianmarketview Team Indian Market View

#Unemployment Claims Actual: 190K Forecast: 196K Previous: 192K #RevisedNonfarmProductivity q/q Actual: 1.7% Forecast: 2.5% Previous: 3.0% #RevisedUnitLaborCosts q/q Actual: 3.2% Forecast: 1.6% Previous: 1.1% AS PER DATA FIGURE IT IS NEGATIVE FOR BULLION PRICES Team Indian Market View

#MCX #Commodities Evening Session Technical Levels by IMV (02 Mar 2023) ✍️ ✒️ Kindly follow our levels carefully. 👇🏻 ✒️ #Gold 🥇 has support at 55600 and resistance 55950. Break and sustain below 55600 will take it to the next support level of 55450...55300 and sustainable trade above 55950 can see further upside move towards the next resistance level of 56100…56250 ✒️ #Silver 🥈 has support at 63700 while resistance at 64300. Sustainable trade below 63700 will take it to 63400...63100 very soon. If it breaks and sustain the resistance level of 64300 then will take it to 64600---64900 respectively. ✒️ #Copper 🥉 has support at 766 and resistance at 772. Sustainable trade above 772 will see the upside move towards 775, 778 and if sustained below 766 can catch the downside move towards 763, 760 respectively. ✒️ #Zinc 🥉 has support at 272 and resistance at 276.60 Break and sustained below 272 will see the downside move 270---268 and if sustained above 276.60 can see further upside towards 278.50…280 level. ✒️ #Aluminium 🪩 has support at 210 and resistance at 214 Sustainable trade below 210 can see the downside move towards 208...206 and if sustains above 214 will take it to 216, 218 very soon. ✒️ #NaturalGas ⛽ support has 224 and resistance 235. Sustainable trade above 235 can see more rally towards the next level of 240, 245 and sustained below 224 then can move towards 218....212. ✒️ #CrudeOil 🛢️ has support at 6410 and resistance at 6510. Sustainable trade below 6410 can see more downside towards 6370…6330 and if sustained above 6510 will see the upside move towards 6550…6590 levels. www.indianmarketview.com

Major #USEconomic Data Today (2nd March 2023) 👇🏻 07:00 PM : Unemployment Claims, Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q 09:00 PM : Natural Gas Storage Will give commodities evening levels soon! www.indianmarketview.com

#LME Inevnetory for today (02nd March 2023) Aluminium up by 825MT Copper up by 1025MT Lead up by 125MT Nickel up by 72MT Zinc up by 2525MT Team Indian Market View

#MCX #Commodities Morning Update by IMV 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Gold has support at 55600 and resistance 55900.Break and sustain below 55600 will take it to the next support level of 55450...55300 and sustainable trade above 55900 can see further upside move towards the next resistance level of 56050…56200 ✒️ #Copper has support at 771 and resistance at 778 Sustainable trade above 778 will see the upside move towards 781, 784 and if sustained below 771 can catch the downside move towards 768, 765 respectively. ✒️ #NaturalGas support has 224 and resistance 236. Sustainable trade above 236 can see more rally towards the next level of 242, 248 and if sustained below 224 then can move towards 218…212. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

EIA Refinery Crude Runs (WoW) Actual: -0.031M Previous: -0.017M #CrudeOil Imports Actual: -1.150M Previous: -1.357M Cushing Crude Oil Inventories Actual: 0.307M Previous: 0.700M Distillate Fuel Production Actual: -0.091M Previous: 0.191M Gasoline Production Actual: 0.302M Previous: 0.339M Heating Oil Stockpiles Actual: 0.548M Previous: 0.597M EIA Weekly Refinery Utilization Rates (WoW) Actual: -0.001 Forecast: -0.40% Previous: -0.60%