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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 (29th Apr 2024)🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐
✒️ Gold (June)🥇 has support at 71050 and resistance 71350. Break and sustain below 71050 will take it to the next support level of 70900...70750 and sustainable trade above 71350 can see further upside move towards the next resistance level of 71500…71650
✒️ Copper (May)⛓️ has support at 860 and resistance at 865 Sustainable trade above 865 will see the upside move towards 867.50, 870 and if sustained below 860 can catch the downside move towards 857.50, 855 respectively.
✒️ Crude Oil (May)🛢️ has support at 6900 and resistance at 6980. Sustainable trade below 6900 can see more downside toward 6860…6820 and if sustained above 6980 will see the upside move towards 7020…7060 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
नमस्कार 🙏
अगर आप हमारे प्रीमियम व्हाट्सएप अपडेट्स और लेवल्स का ट्रायल लेना चाहते है तो अभी वीकली रिपोर्ट खरीद के उसके अंदर दिए हुए लिंक से प्रीमियम व्हाट्सएप कम्युनिटी को ज्वाइन करे।
पेमेंट लिंक 👇
https://rpy.club/lm/cqGpcA2eOe
हमारी प्रीमियम व्हाट्सएप कम्युनिटी को ज्वाइन करे और फ्री और प्रीमियम अपडेट्स का फर्क देखे ।
धन्यवाद
Dear Followers
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👉 Weekly Levels of MCX Commodities
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👉 Everything in English and हिंदी both
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Team Indian Market View
Interesting pattern forming on GOLD CHART
Wait for weekly report to launch.
07:30 PM US Data
Revised UoM Consumer Sentiment
Previous: 77.90
Forecast: 77.90
Actual: 77.20
Impact: POSITIVE
Revised UoM Inflation Expectations
Previous: 3.1%
Actual: 3.2%
Impact: NEGATIVE
All impact mentioned here is for Gold and Silver
AGAIN MIX DATA
06:00 PM US Data
Core PCE Price Index m/m
Previous: 0.30%
Forecast: 0.30%
Actual: 0.30%
Impact: DATA AS EXPECTED, NEUTRAL
Core PCE Price Index y/y
Previous: 2.80%
Forecast: 2.60%
Actual: 2.80%
Impact: NEGATIVE
Personal Income m/m
Previous: 0.30%
Forecast: 0.50%
Actual: 0.50%
Impact: DATA AS EXPECTED, NEUTRAL
Personal Spending m/m
Previous: 0.80%
Forecast: 0.60%
Actual: 0.80%
Impact: NEGATIVE
All impact mentioned here is for Gold and Silver
OVERALL MIX DATA
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (26th April 2024) ✍️
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ Gold (June) has support at 71500 and resistance 71800. Break and sustain below 71500 will take it to the next support level of 71350...71200 and sustainable trade above 71800 can see further upside move towards the next resistance level of 71950…72100
✒️ Copper (May) has support at 857.50 and resistance at 862.50 Sustainable trade above 862.50 will see the upside move towards 865, 867.50 and if sustained below 857.50 can catch the downside move towards 855, 852.50 respectively.
✒️ Natural Gas (May) support has 159 and resistance 169. Sustainable trade above 169 can see more rally towards the next level of 174, 179 and if sustained below 159 then can move towards 154…149.
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
*📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (26th April 2024) ✍️*
*✒ Kindly follow our levels carefully 🧐👇🏻*
✒️ Gold (June) has support at 71500 and resistance 71800. Break and sustain below 71500 will take it to the next support level of 71350...71200 and sustainable trade above 71800 can see further upside move towards the next resistance level of 71950…72100
✒️ Copper (May) has support at 857.50 and resistance at 862.50 Sustainable trade above 862.50 will see the upside move towards 865, 867.50 and if sustained below 857.50 can catch the downside move towards 855, 852.50 respectively.
✒️ Natural Gas (May) support has 159 and resistance 169. Sustainable trade above 169 can see more rally towards the next level of 174, 179 and if sustained below 159 then can move towards 154…149.
*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*
Major US Economic Data Today (26th April 2024)
06:00 PM :
👉 Core PCE Price Index m/m
👉Core PCE Price Index y/y
👉 Personal Income m/m
👉 Personal Spending m/m
07:30 PM :
👉 Revised UoM Consumer Sentiment
👉 Revised UoM Inflation Expectations
Team Indian Market View
LME Inventory for today (26th April 2024)
Aluminium down by -600MT
Copper down by -1850MT
Lead up by 2700MT
Nickel up by 162MT
Zinc up by 9650MT
Team Indian Market View
Today marks the second phase of elections, with contests underway for 20 seats in Kerala, 14 seats in Karnataka, 13 in Rajasthan, eight each in Uttar Pradesh and Maharashtra, seven in Madhya Pradesh, five each in Assam and Bihar, three each in West Bengal and Chhattisgarh, and one each in Jammu and Kashmir, Manipur, and Tripura.
GO and give your VOTE!
📢 Commodities Morning Update by IMV (26th April 2024) ✍️
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ Silver (May) has support at 80600 while resistance at 81200. Sustainable trade below 80600 will take it to 80300...80000 very soon. If it breaks and sustain the resistance level of 81200 then will take it to 81500---81800, respectively.
✒️ Copper (May) has support at 855 and resistance at 860 Sustainable trade above 860 will see the upside move towards 862.50, 865 and if sustained below 855 can catch the downside move towards 852.50, 850 respectively.
✒️ Crude Oil (May) has support at 6940 and resistance at 7030. Sustainable trade below 6940 can see more downside toward 6900…6860 and if sustained above 7030 will see the upside move towards 7070…7110 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
*📢 Commodities Morning Update by IMV (26th April 2024) ✍️*
*✒ Kindly follow our levels carefully 🧐👇🏻*
✒️ Silver (May) has support at 80600 while resistance at 81200. Sustainable trade below 80600 will take it to 80300...80000 very soon. If it breaks and sustain the resistance level of 81200 then will take it to 81500---81800, respectively.
✒️ Copper (May) has support at 855 and resistance at 860 Sustainable trade above 860 will see the upside move towards 862.50, 865 and if sustained below 855 can catch the downside move towards 852.50, 850 respectively.
✒️ Crude Oil (May) has support at 6940 and resistance at 7030. Sustainable trade below 6940 can see more downside toward 6900…6860 and if sustained above 7030 will see the upside move towards 7070…7110 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*
Pending Home Sales m/m 🏠
Previous: 1.6%
Forecast: 0.30%
Actual: 3.40%
Impact: NEGATIVE for Bullion
GDP was important data which came POSITIVE.
Others came Negative...
Overall Mix impact.
06:00 PM US Data Update
Advance GDP q/q
Previous: 3.40%
Forecast: 2.50%
Actual: 1.60%
Impact: POSITIVE
Unemployment Claims
Previous: 212K
Forecast: 214K
Actual: 207K
Impact: NEGATIVE
Advance GDP Price Index q/q
Previous: 1.60%
Forecast: 3.0%
Actual: 3.1%
Impact: NEGATIVE
All impact mentioned here is for Gold and Silver
📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (25th April 2024) ✍️
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ Gold (June)🥇 has support at 70950 and resistance 71250. Break and sustain below 70950 will take it to the next support level of 70800...70650 and sustainable trade above 71250 can see further upside move towards the next resistance level of 71400…71550
✒️ Zinc (May)⛓️ has support at 249 and resistance at 253 Break and sustained below 249 will see the downside move 247---245 and if sustained above 253 can see further upside towards 255…257 levels.
✒️ Crude Oil (May)🛢️ has support at 6870 and resistance at 6950. Sustainable trade below 6870 can see more downside toward 6830…6790 and if sustained above 6950 will see the upside move towards 6990…7030 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
LME Inventory for today (25th April 2024)
Aluminium down by -1675MT
Copper up by 175MT
Lead up by 1725MT
Nickel up by 744MT
Zinc up by 9100MT.
Team Indian Market View
🌞 Commodities 🪙 Morning Update by IMV (25th Apr 2024)🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐
✒️ Silver (May)🥈 has support at 79700 while resistance at 80300. Sustainable trade below 79700 will take it to 79400...79100 very soon. If it breaks and sustain the resistance level of 80300 then will take it to 80600---80900, respectively.
✒️ Copper (May)⛓️ has support at 841.50 and resistance at 847.50 Sustainable trade above 847.50 will see the upside move towards 850, 852.50 and if sustained below 841.50 can catch the downside move towards 838.50, 836 respectively.
✒️ Crude Oil (May)🛢️ has support at 6860 and resistance at 6960. Sustainable trade below 6860 can see more downside toward 6820…6780 and if sustained above 6960 will see the upside move towards 7000…7040 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
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