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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US Data Update
Core CPI m/m
Forecast: 0.3%
Actual: 0.2%
Impact: POSITIVE FOR BULLION
CPI m/m
Forecast: 0.1%
Actual: 0.0%
Impact: POSITIVE FOR BULLION
CPI y/y
Forecast: 3.3%
Actual: 3.2%
Impact: POSITIVE FOR BULLION
Team Indian Market View
Evening Session MCX Commodities Technical Levels (14th Nov 2023)
Major US Economic Data Today (14th Nov 2023)
07:00 PM : Core CPI m/m, CPI m/m and CPI y/y
✒️ Kindly follow our levels carefully.
✒️ Gold (Dec) has support at 59760 and resistance 60000. Break and sustain below 59760 will take it to the next support level of 59610...59450 and sustainable trade above 60000 can see further upside move towards the next resistance level of 60150…60300
✒️ Silver (Dec) has support at 69800 while resistance at 70500. Sustainable trade below 69800 will take it to 69500...69200 very soon. If it breaks and sustain the resistance level of 70500 then will take it to 70800---71100, respectively.
✒️ Copper (Nov) has support at 704 and resistance at 710 Sustainable trade above 710 will see the upside move towards 713, 716 and if sustained below 704 can catch the downside move towards 701, 698 respectively.
✒️ Zinc (Nov) has support at 225 and resistance at 229 Break and sustained below 225 will see the downside move 223---221 and if sustained above 229 can see further upside towards 231…233 levels.
✒️ Aluminium (Nov) has support at 203 and resistance at 207 Sustainable trade below 203 can see the downside move towards 201...199 and if sustains above 207 will take it to 209, 211 very soon.
✒️ Natural Gas (Nov) support has 262 and resistance 272. Sustainable trade above 272 can see more rally towards the next level of 277, 282 and if sustained below 262 then can move towards 257…252.
✒️ Crude Oil (Nov) has support at 6470 and resistance at 6550. Sustainable trade below 6470 can see more downside towards 6430…6300 and if sustained above 6550 will see the upside move towards 6590…6630 levels.
Team Indian Market View
MCX Commodities Evening Session Technical Levels (13th Nov 2023)
🚫 No Major US Data in the evening session
✒️ Kindly follow our levels carefully.
✒️ Silver (Dec) has support at 69100 while resistance at 69700. Sustainable trade below 69100 will take it to 68800...68500 very soon. If it breaks and sustain the resistance level of 69700 then will take it to 70000---70300, respectively.
✒️ Zinc (Nov) has support at 225 and resistance at 229 Break and sustained below 225 will see the downside move 223---221 and if sustained above 229 can see further upside towards 231…233 levels.
✒️ Natural Gas (Nov) support has 261 and resistance 271. Sustainable trade above 271 can see more rally towards the next level of 276, 282 and if sustained below 261 then can move towards 256…250.
👉 Rest commodities evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
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LME Inventory for today (13th Nov 2023)
Aluminium up by 23050MT
Copper down by -75MT
Lead up by 1125MT
Nickel up by 840MT
Zinc down by -225MT
Team Indian Market View
LME Inventory for today (13th Nov 2023)
Aluminium up by 23050MT
Copper down by -75MT
Lead up by 1125MT
Nickel up by 840MT & Zinc down by -225MT.
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Team Indian Market View
Good morning dear friends, have a great day and week ahead 🙏🕉️🌞🪷
📣📣 Morning session technical support and resistance levels of MCX Commodities
✔️ Kindly follow our levels carefully.
✔️ Gold (Dec) has support at 59450 and resistance 59750. Break and sustain below 59450 will take it to the next support level of 59300...59150 and sustainable trade above 59750 can see further upside move towards the next resistance level of 59900…60050
✔️ Copper (Nov) 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.
✔️ Crude Oil (Nov) has support at 6330 and resistance at 6430. Sustainable trade below 6330 can see more downside toward 6290…6250 and if sustained above 6430 will see the upside move towards 6470…6510 levels.
(NOTE: ABOVE LEVELS ARE VALID TILL 5PM AND FOR EVENING LEVELS REFER TO OUR EVENING UPDATE)
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📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (10th Nov 2023) ✍️
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold 🥇 has support at 59900 and resistance 60200. Break and sustain below 59900 will take it to the next support level of 59750...59600 and sustainable trade above 60200 can see further upside move towards the next resistance level of 60350…60500
✒️ Copper ⛓️ has support at 698 and resistance at 704 Sustainable trade above 704 will see the upside move towards 707, 710 and if sustained below 698 can catch the downside move towards 695, 692 respectively.
✒️ Crude Oil 🛢️ has support at 6330 and resistance at 6420. Sustainable trade below 6330 can see more downside towards 6290…6250 and if sustained above 6420 will see the upside move towards 6460…6500 levels.
👉 Rest Silver,Zinc, Aluminium, and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
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LME Inventory for today (10th Nov 2023)
Aluminium up by 22650MT,
Copper up by 2775MT,
Lead up by 575MT,
Nickel up by 1860MT
Zinc down by -1625MT.
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (10th Nov 2023) 🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐
✒️ Silver has support at 70700 while resistance at 71400. Sustainable trade below 70700 will take it to 70400...70100 very soon. If it breaks and sustain the resistance level of 71400 then will take it to 71700---72000, 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.
✒️ Crude Oil 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.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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Good morning dear traders have a great day ahead and wish you all Happy Dhanteras 🌞🕉️🪷
Today's (10th NOV 2023) Nifty and Bank Nifty Technical support and resistance levels
✅ Nifty 50 LTP 19395.3
Support at around 19310-300
Resistance at around 19500
PCR 0.7747
Highest CE OI 19500
Highest PE OI 19400
✅ Bank Nifty LTP 43683.6
Support at around 43500
Resistance at around 43950-44000
PCR 0.9715
Highest CE OI 43800,44000
Highest PE OI 43500
💵FII's and DII's Net Buying, Selling Figures(9th NOV)
FII Net Sellers: (-1,712.33 Cr)
DII Net Buyers: (+1,512.14 Cr)
🚫 Security in BAN For Today's Trade 10th-NOV-2023
CHAMBFERT, DELTACORP, GNFC & MCX
More will be updated during the Mid Market. So keep following us
UNEMPLOYMENT CLAIMS DATA
ACTUAL FIGURE: 217K
IMPACT: NEUTRAL FOR BULLION
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (09th Nov 2023) ✍️
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Silver 🥈 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 ⛓️ 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.
✒️ Crude Oil 🛢️ has support at 6300 and resistance at 6380. Sustainable trade below 6300 can see more downside towards 6260…6220 and if sustained above 6380 will see the upside move towards 6420…6460 levels.
👉 Rest Gold ,Zinc, Aluminium, and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
👀🌐 Major US Economic Data Today (09th Nov 2023)
07:00 PM : Unemployment Claims
09:00 PM : Natural Gas Storage
12:30 AM : Fed Chairman Powell Speech (This event is after market hours)
LME Inventory for today (09th Nov 2023)
Aluminium down by -2025MT
Copper up by 125MT
Lead up by 1425MT
Nickel unchange 582MT
Zinc down by -1075MT
Team Indian Market View
