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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 (15th Feb 2024) ✍️
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ #Gold (Apr) 🥇 has support at 61300 and resistance 61600. Break and sustain below 61300 will take it to the next support level of 61150...61000 and sustainable trade above 61600 can see further upside move towards the next resistance level of 61750…61900
✒️ #Copper (Feb) ⛓️ has support at 705 and resistance at 711 Sustainable trade above 711 will see the upside move towards 714, 717 and if sustained below 705 can catch the downside move towards 702, 699 respectively.
✒️ #NaturalGas (Feb) ⛽ support has 131 and resistance 141. Sustainable trade above 141 can see more rally towards the next level of 146, 151 and if sustained below 131 then can move towards 126…121.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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#LME Inventory for today (15th Feb 2024)
#Aluminium up by 12975MT,
#Copper up by 700MT,
#Lead up by 4350MT,
#Nickel down by -378MT
#Zinc up by 3450MT.
Team Indian Market View
#Commodities Morning Update by IMV (15th Feb 2024)🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐
✒️ #Gold (April) has support at 61200 and resistance 61500. Break and sustain below 61200 will take it to the next support level of 61050...60900 and sustainable trade above 61500 can see further upside move towards the next resistance level of 61650…61800
✒️ #Copper (Feb) has support at 703 and resistance at 709 Sustainable trade above 709 will see the upside move towards 712, 715 and if sustained below 703 can catch the downside move towards 700, 697 respectively.
✒️ #CrudeOil (Feb) has support at 6280 and resistance at 6380. Sustainable trade below 6280 can see more downside toward 6240…6200 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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Crude oil Inventories 12.0 million barrel.
Data is negative for crude oil
#MCX #Commodities Evening Session Technical Levels 🧐 by IMV (14th Feb 2024) ✍️
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ #Silver (Mar) 🥈 has support at 69000 while resistance at 69600. Sustainable trade below 69000 will take it to 68700...68400 very soon. If it breaks and sustain the resistance level of 69600 then will take it to 69900---70200, respectively.
✒️ #Zinc (Feb) 🥉 has support at 204.60 and resistance at 208.60 Break and sustained below 204.60 will see the downside move 202.60---200.60 and if sustained above 208.60 can see further upside towards 210.40…212.40 levels.
✒️ #NaturalGas (Feb) ⛽ support has 135 and resistance 145. Sustainable trade above 145 can see more rally towards the next level of 150, 155 and if sustained below 135 then can move towards 130…125.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
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LME Inventory for today (14th Feb 2024)
Aluminium up by 3175MT
Copper up by 375MT
Lead up by 5200MT
Nickel up by 24MT
Zinc up by 8425MT
Team Indian Market View
Good morning dear friends, Happy Basant Panchmi 🙏 🕉️
♻️ Morning Session MCX Commodities Levels (14/02/2024)
✒️ Kindly follow our levels carefully.
✒️ Gold (April) has support at 61250 and resistance 61550. Break and sustain below 61250 will take it to the next support level of 61100...61000 and sustainable trade above 61550 can see further upside move towards the next resistance level of 61700…61850.
✒️ Copper (Feb) 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.
✒️ Crude Oil (Feb) has support at 6420 and resistance at 6520. Sustainable trade below 6420 can see more downside toward 6380…6340 and if sustained above 6520 will see the upside move towards 6560…6600 levels.
👉 Rest of the commodities levels send to levels subscribers and paid package subscriber.
(NOTE: ABOVE LEVELS ARE VALID TILL 5PM AND FOR EVENING LEVELS REFER TO OUR EVENING UPDATE).
Core CPI m/m
Actual: 0.4%
Impact: NEGATIVE
CPI m/m
Actual: 0.3%
Impact: NEGATIVE
CPI y/y
Actual: 3.1%
Impact: NEGATIVE
NOTE: All impact mentioned here is for Bullion (Gold and Silver)
#MCX #Commodities Evening Session Technical Levels by IMV (13th Feb 2024) ✍️
Major US Economic Data Today (13th Feb 2024)
07:00 PM : Core CPI m/m, CPI m/m and CPI y/y
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ #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.
✒️ #Copper (Feb) ⛓️ has support at 710 and resistance at 715 Sustainable trade above 715 will see the upside move towards 717.50, 720 and if sustained below 710 can catch the downside move towards 707.50, 705 respectively.
✒️ #NaturalGas (Feb) ⛽ support has 143 and resistance 154. Sustainable trade above 154 can see more rally towards the next level of 160, 165 and if sustained below 143 then can move towards 138…133.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
#LME Inventory for today (12th Feb 2024)
#Aluminium up by 3275MT,
#Copper up by 1150MT,
#Lead up by 5500MT,
#Nickel up by 438MT
#Zinc up by 8075MT.
Team Indian Market View
#Commodities Morning Update by IMV (13th Feb 2024)*🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐
✒️ #Gold (April) has support at 62050 and resistance 62350. Break and sustain below 62050 will take it to the next support level of 61900...61750 and sustainable trade above 62350 can see further upside move towards the next resistance level of 62500…62650
✒️ #Zinc (Feb) has support at 208 and resistance at 212 Break and sustained below 208 will see the downside move 206---204 and if sustained above 212 can see further upside towards 214…216 levels.
✒️ #CrudeOil (Feb) has support at 6360 and resistance at 6450. Sustainable trade below 6360 can see more downside toward 6320…6280 and if sustained above 6450 will see the upside move towards 6490…6530 levels.
👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers
www.indianmarketview.com
💥💥💥💥BREAKING NEWS
👉👉👉👉 Members are requested to note that the start of MCX has been delayed and the market will tentative start from 1 pm today.
MCX technical glitch:
Commodity trading time delayed to 11 am, team working to resolve issue, says Exchange
⚠️⚠️ Important Update: MCX SAYS
"We are facing some technical issues and teams are working to resolve the same. The market will be opened tentatively at 10 a.m."
#MCX #Commodities Evening Session Technical Levels by IMV (12th Feb 2024) ✍️
✒ Kindly follow our levels carefully 🧐👇🏻
✒️ #Gold (Apr) 🥇 has support at 62000 and resistance 62300. Break and sustain below 62000 will take it to the next support level of 61850...61700 and sustainable trade above 62300 can see further upside move towards the next resistance level of 62450…62600
✒️ #Zinc (Feb) 🥉 has support at 206.20 and resistance at 210.20 Break and sustained below 206.20 will see the downside move 204.20---202 and if sustained above 210.20 can see further upside towards 212.20…214 levels.
✒️ #Crude oil (Feb) 🛢️ has support at 6280 and resistance at 6360. Sustainable trade below 6280 can see more downside toward 6240…6200 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
www.indianmarketview.com
LME Inventory for today (12th Feb 2024)
Aluminium up by 1200MT
Copper up by 1475MT
Lead up by 5250MT
Nickel up by 438MT
Zinc up by 11050MT
Team Indian Market View
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#Commodities Morning Update by IMV (12th Feb 2024)🇮🇳✍🏻
✒ Kindly follow our levels carefully 🧐
✒️ #Silver (Mar) has support at 70700 while resistance at 71300. Sustainable trade below 70700 will take it to 70400...70100 very soon. If it breaks and sustain the resistance level of 71300 then will take it to 71600---71900, respectively.
✒️ #Copper (Feb) has support at 699 and resistance at 704 Sustainable trade above 704 will see the upside move towards 707, 710 and if sustained below 699 can catch the downside move towards 695, 692 respectively.
✒️ #NaturalGas (Feb) support has 145 and resistance 155. Sustainable trade above 155 can see more rally towards the next level of 160, 165 and if sustained below 145 then can move towards 140…135.
Rest of the Commodities levels you can get by taking our weekly report and joining our premium WhatsApp Community.
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