Indian Market View Commodity Channel (SEBI Registered)

Average Hourly Earnings m/m Actual: 0.6% Forecast: 0.3% Previous: 0.4% Non-Farm Employment Change Actual: 353K Forecast: 187K Previous: 216K Unemployment Rate Actual: 3.7% Forecast: 3.8% Previous: 3.7% DATA IS NEGATIVE FOR BULLION PRICES

#MCX #Commodities Evening Session Technical Levels by IMV (02nd Feb 2024) ✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ #Gold (Apr) 🥇 has support at 62750 and resistance 63050. Break and sustain below 62750 will take it to the next support level of 62600...62450 and sustainable trade above 63050 can see further upside move towards the next resistance level of 63200…63350 ✒️ #Copper (Feb) ⛓️ has support at 720 and resistance at 726 Sustainable trade above 726 will see the upside move towards 729, 732 and if sustained below 720 can catch the downside move towards 717, 714 respectively. ✒️ #CrudeOil (Feb) 🛢️ has support at 6140 and resistance at 6220. Sustainable trade below 6140 can see more downside toward 6100…6060 and if sustained above 6220 will see the upside move towards 6260…6300 levels. 📢 Rest of the commodities levels + premium updates send on our PREMIUM TELEGRAM CHANNEL 👑 Join the same for as low as Rs 1180 Per Month. Click on the link to make payment and immediately join our Premium Telegram Channel. 👉 Payment link - https://rpy.club/g/TqPasdnLwB For any query Call your RM or WhatsApp us on +91-8744868888 Team Indian Market View

Major US Economic Data Today (02nd Feb 2024) 07:00 PM : Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate 08:30 PM : Revised UoM Consumer Sentiment, Factory Orders m/m, Revised UoM Inflation Expectations (Last 2 are NOT very important data)

LME Inventory for today (02nd Feb 2024) Aluminium up by 150MT, Copper down by -4900MT, Lead up by 5450MT, Nickel up by 114MT Zinc up by 9200MT. Team Indian Market View

Dear All From last 2-3 days we are not getting LME from backend. We are trying to get the same. If we get the same will share shortly. Sorry for inconvenience 🙏 प्रिय साथियो पिछले 2-3 दिनों से हमें बैकएंड से LME इन्वेंटरी नहीं मिल पा रही है। हम और सोर्सेस से उसे पाने की कोशिश कर रहे है, जैसे ही हमे मिलती है तो हम आपको भेजेंगे। असुविधा के लिए खेद है। 🙏

#Commodities Morning Update by IMV (02/02/2024) ✍️ ✒️ Kindly follow our levels carefully. ✒️ #Silver (Mar) has support at 72000 while resistance at 72600. Sustainable trade below 72000 will take it to 71700...71400 very soon. If it breaks and sustain the resistance level of 72600 then will take it to 72900---73200, respectively. ✒️ #Copper (Feb) has support at 722.50 and resistance at 728.50 Sustainable trade above 728.50 will see the upside move towards 731, 734 and if sustained below 722.50 can catch the downside move towards 720, 717.50 respectively. ✒️ #Natural Gas (Feb) support has 166 and resistance 178. Sustainable trade above 178 can see more rally towards the next level of 184, 190 and if sustained below 166 then can move towards 160…155. Rest of the commodities levels send to our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166 www.indianmarketview.com

NATURAL GAS STORAGE ACTUAL: -197B IMPACT: SLIGHTLY NEGATIVE FOR NG PRICES

ISM Manufacturing PMI ACTUAL DATA: 49.1 IMPACT: NEGATIVE ISM Manufacturing Prices ACTUAL DATA: 52.9 IMPACT: NEGATIVE NOTE: All Impact, mentioned here is for BULLION.

Final Manufacturing PMI Actual: 50.70 Impact: Slightly negative for bullion

Unemployment Claims ACTUAL DATA: 224K IMPACT: POSITIVE Prelim Nonfarm Productivity q/q ACTUAL DATA: 3.2% IMPACT: NEGATIVE Prelim Unit Labor Costs q/q ACTUAL DATA: 0.5% IMPACT: POSITIVE NOTE: All Impact, mentioned here is for BULLION.

#MCX #Commodities Evening Session Technical Levels by IMV (01st Feb 2024) ✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ #Gold (Apr) 🥇 has support at 62400 and resistance 62700. Break and sustain below 62400 will take it to the next support level of 62250...62100 and sustainable trade above 62700 can see further upside move towards the next resistance level of 62850…63000 ✒️ #Silver (Mar) 🥈 has support at 71200 while resistance at 71800. Sustainable trade below 71200 will take it to 71000...70700 very soon. If it breaks and sustain the resistance level of 71800 then will take it to 72100---72400, respectively. ✒️ #Zinc (Feb) 🥉 has support at 220.30 and resistance at 224.30 Break and sustained below 220.30 will see the downside move 218.30---216.30 and if sustained above 224.30 can see further upside towards 226.30…228.30 levels. ✒️ #NaturalGas (Feb) ⛽ support has 174 and resistance 184. Sustainable trade above 184 can see more rally towards the next level of 190, 195 and if sustained below 174 then can move towards 168…163. 📢 Rest of the commodities levels + premium updates send on our PREMIUM TELEGRAM CHANNEL 👑 Join the same for as low as Rs 1180 Per Month. Click on the link to make payment and immediately join our Premium Telegram Channel. 👉 Payment link - https://rpy.club/g/TqPasdnLwB For any query Call your RM or WhatsApp us on +91-8744868888 Team Indian Market View

Major US Economic Data Today (01st Feb 2024) 07:00 PM : Unemployment Claims, Prelim Nonfarm Productivity q/q, Prelim Unit Labor Costs q/q 08:15 PM : Final Manufacturing PMI 08:30 PM : ISM Manufacturing PMI, ISM Manufacturing Prices 09:00 PM : Natural Gas Storage

*Major US Economic Data Today (01st Feb 2024)** 07:00 PM : Unemployment Claims, Prelim Nonfarm Productivity q/q, Prelim Unit Labor Costs q/q 08:15 PM : Final Manufacturing PMI 08:30 PM : ISM Manufacturing PMI, ISM Manufacturing Prices 09:00 PM : Natural Gas Storage

#Commodities Morning Update by IMV (01/02/2024) ✍️ ✒️ Kindly follow our levels carefully. ✒️ #Gold (April) has support at 62500 and resistance 62800. Break and sustain below 62500 will take it to the next support level of 62350...62200 and sustainable trade above 62800 can see further upside move towards the next resistance level of 62950…63100 ✒️ #Zinc (Feb) has support at 221.50 and resistance at 225.50 Break and sustained below 221.50 will see the downside move 219.50---217.50 and if sustained above 225.50 can see further upside towards 227.50…229.50 levels. ✒️ #Crude Oil (Feb) 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 our Levels Package Subscribers Join our Premium Levels Package at affordable price. For details call us on 7065111166 www.indianmarketview.com

IMPACT: NEGATIVE FOR CRUDE OIL

Chicago PMI (Jan) ACTUAL DATA: 46 IMPACT: POSITIVE for Bullion

Employment Cost Index q/q ACTUAL DATA: 0.90% IMPACT: POSITIVE for Bullion

ADP Non-Farm Employment Change ACTUAL DATA: 107K IMPACT: POSITIVE for Bullion