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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🌞 Commodities 🪙 Morning Update by IMV (09th Nov 2023) 🇮🇳✍🏻
✔️ Kindly follow our levels carefully 🧐
📌 Gold (Dec) has support at 59750 and resistance 60050. Break and sustain below 59750 will take it to the next support level of 59600...59450 and sustainable trade above 60050 can see further upside move towards the next resistance level of 60200…60350
📌 Zinc (Nov) has support at 226 and resistance at 230 Break and sustained below 226 will see the downside move 224---222 and if sustained above 230 can see further upside towards 232…234 levels.
📌 Crude Oil (Nov) has support at 6260 and resistance at 6360. Sustainable trade below 6260 can see more downside toward 6220…6180 and if sustained above 6360 will see the upside move towards 6400…6440 levels.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
Evening Session Major MCX Commodities Technical Levels
Evening Data Update
Today No Major US Data as such except FED Chairman powell speech which is at 07:45 PM.
✒️ Kindly follow our levels carefully
✒️ Gold (Dec) has support at 60150 and resistance 60450. Break and sustain below 60150 will take it to the next support level of 60000...59850 and sustainable trade above 60450 can see further upside move towards the next resistance level of 60600…60750
✒️ Copper (Nov) has support at 707 and resistance at 713 Sustainable trade above 713 will see the upside move towards 716, 719 and if sustained below 707 can catch the downside move towards 704, 701 respectively.
✒️ Crude Oil (Nov) has support at 6370 and resistance at 6460. Sustainable trade below 6370 can see more downside towards 6330…6280 and if sustained above 6460 will see the upside move towards 6500…6540 levels.
Team Indian Market View
Good morning dear friends have a great day ahead 🙏🌞
Morning session technical support and resistance levels of MCX Commodities
✒️ Silver (Dec) has support at 70300 while resistance at 70900. Sustainable trade below 70300 will take it to 70000...69700 very soon. If it breaks and sustain the resistance level of 70900 then will take it to 71200---71500, respectively.
✒️ Copper (Nov) has support at 707.50 and resistance at 713.50 Sustainable trade above 713.50 will see the upside move towards 716.50, 719.50 and if sustained below 707.50 can catch the downside move towards 704.50, 701.50 respectively.
✒️ Natural Gas (Nov) support has 260 and resistance 270. Sustainable trade above 270 can see more rally towards the next level of 275, 280 and if sustained below 260 then can move towards 255…250.
👉 Rest of the commodities evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (07th Nov 2023) ✍️
NO Major US Data at today evening!
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Silver (Dec) has support at 70800 while resistance at 71400. Sustainable trade below 70800 will take it to 70500...70200 very soon. If it breaks and sustain the resistance level of 71400 then will take it to 71700---72000, respectively.
✒️ Zinc (Nov) has support at 223.60 and resistance at 227.60 Break and sustained below 223.60 will see the downside move 221.60---220 and if sustained above 227.60 can see further upside towards 229.60…231.40 levels.
✒️ Natural Gas (Nov) support has 265 and resistance 275. Sustainable trade above 275 can see more rally towards the next level of 280, 285 and if sustained below 265 then can move towards 260…255.
👉 Rest of the commodities evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
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LME Inventory For Today (07th Nov 2023)
Aluminium down by -2125MT
Copper down by -1500MT
Lead up by 1200MT
Nickel down by -810MT
Zinc down by -800MT
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (07th Nov 2023) 🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐👇🏻
✒ Gold(Dec) has support at 60420 and resistance 60720. Break and sustain below 60420 will take it to the next support level of 60270...60130 and sustainable trade above 60720 can see further upside move towards the next resistance level of 60850…61000
✒ Copper (Nov) has support at 708.20 and resistance at 714.20 Sustainable trade above 714.20 will see the upside move towards 717.20, 720 and if sustained below 708.20 can catch the downside move towards 705.40, 702.50 respectively
✒ Crude Oil (Nov) has support at 6660 and resistance at 6760. Sustainable trade below 6660 can see more downside toward 6620…6580 and if sustained above 6760 will see the upside move towards 6800…6840 levels
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (06th Nov 2023) ✍️
NO Major US Data at today evening!
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold 🥇 has support at 60750 and resistance 61050. Break and sustain below 60750 will take it to the next support level of 60600...60450 and sustainable trade above 61050 can see further upside move towards the next resistance level of 61200…61350
✒️ Silver 🥈 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.
✒️ Zinc 🥉 has support at 225 and resistance at 229.50 Break and sustained below 225 will see the downside move 223---221 and if sustained above 229.50 can see further upside towards 231.50…232.50 levels.
👉 Rest Copper, Aluminium, Crude oil and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
LME Inventory for today (06th Nov 2023)
Aluminium down by -1525MT,
Copper down by -350MT,
Lead up by 225MT,
Nickel down by -660MT
Zinc up by 3175MT.
Team Indian Market View
📢 **MCX कमोडिटी वीकली लेवल्स (06 नवंबर से 10 नवंबर 2023)** 📉📈📊
भुगतान करने के लिए कृपया लिंक पर क्लिक करें 👇👇
**Payment Link**
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📌 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। (This report is in Hindi and English both language)
📌 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।
✅✅ सभी कमोडिटीज के सुबह और शाम के डेली टेक्निकल लेवल्स व्हाट्सप्प पर
📌 यह लिंक केवल आज (सोमवार 06 नवंबर 2023) दोपहर 1 बजे तक काम करेगा। उसके बाद हम कोई भी पेमेंट स्वीकार नहीं कर पाएंगे।
**धन्यवाद टीम इंडियन मार्केट व्यू**
🌞 Commodities 🪙 Morning Update by IMV (06th Nov 2023) 🇮🇳✍🏻
✒️ Kindly follow our levels carefully. 🧐👇🏻
✒️ Gold has support at 60700 and resistance 61000. Break and sustain below 60700 will take it to the next support level of 60550...60400 and sustainable trade above 61000 can see further upside move towards the next resistance level of 61150…61300
✒️ Copper has support at 708 and resistance at 714 Sustainable trade above 714 will see the upside move towards 717, 720 and if sustained below 708 can catch the downside move towards 705, 702 respectively.
✒️ Crude Oil has support at 6700 and resistance at 6800. Sustainable trade below 6700 can see more downside toward 6660…6620 and if sustained above 6800 will see the upside move towards 6840…6880 levels.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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Upcoming week's (06th to 10th Nov 2023) 'Commodity Weekly Levels' report published.
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📌 Daily Intraday Morning & Evening Levels (All Commodities)
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Commodity Market Timing Change
Please note that the MCX market closing time will change from 5th November 2023 onwards due to the Daylight Saving Time Shift in USA.
The new market closing time (for MCX) will be 11:55 PM instead of 11:30 PM.
Team Indian Market View
ISM Services PMI
ACTUAL: 51.80
IMPACT: POSITIVE FOR BULLION
Final Services PMI
ACTUAL: 50.6
IMPACT: POSITIVE FOR BULLION
