Indian Market View Commodity Channel (SEBI Registered)

#LME Inventory for today (04th May 2023) Aluminium down by -1900MT Copper up by 475MT Lead up by 200MT Nickel down by -240MT Zinc up by 4600MT Team Indian Market View

#MCX #Commodities Morning Update by IMV (04th May 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Gold has support at 61150 and resistance 61450. Break and sustain below 61150 will take it to the next support level of 61000...60850 and sustainable trade above 61450 can see further upside move towards the next resistance level of 61600…61750 ✒️ #Zinc has support at 234.50 and resistance at 238.50 Break and sustained below 234.50 will see the downside move 232.50---230.50 and if sustained above 238.50 can see further upside towards 240.50…242.50 level. ✒️ #CrudeOil has support at 5600 and resistance at 5700. Sustainable trade below 5600 can see more downside towards 5560…5520 and if sustained above 5700 will see the upside move towards 5740…5780 levels. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

FED Interest Meeting Update 📌 Last Night, As expected FED hiked 25 BPS interest rates. Now the new interest rates are 5.25% 📌 This is the 10th increase by FED. Now the borrowing cost on its highest levels since September 2007. 📌 FED Chairman Powell hinted for a rate hike pause and hinted further decisions by economic data driven. 📌 Comex Gold (SPOT) shoot up after FOMC press meet and marked high of $ 2067. We have given resistance of $ 2070. Almost touched that levels and now coming down CMP $ 2042. Soon we will publish our morning levels of GOLD and SILVER. Do not miss to follow the same! Team Indian Market View

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Crude Oil Inventories Actual: -1.280M Forecast: -1.100M Previous: -5.054M EIA Refinery Crude Runs (WoW) Actual: -0.098M Previous: -0.011M Crude Oil Imports Actual: 0.102M Forecast: 1.589M Previous: -0.166M Cushing Crude Oil Inventories Actual: 0.541M Forecast: 0.745M Previous: 0.319M Distillate Fuel Production Actual: -0.093M Forecast: -0.019M Previous: -0.081M EIA Weekly Distillates Stocks Actual: -1.191M Forecast: -1.084M Previous: -0.576M Gasoline Production Actual: -0.638M Forecast: 0.042M Previous: 0.541M Heating Oil Stockpiles Actual: 0.648M Forecast: 0.114M Previous: 0.151M EIA Weekly Refinery Utilization Rates (WoW) Actual: -0.006 Forecast: 0.30% Previous: 0.30% Gasoline Inventories Actual: 1.743M Forecast: -1.157M Previous: -2.408M GASOLINE Inventory came more than forecast also Heating Oil Stockpiles is also more than expected, These data will impact slightly negative on Crude Oil prices

CRUDE OIL INVENTORY Previous: -5.1M Forecast: -0.5M Actual: -1.3M Impact : As per data figure it is Positive for Crude Oil Prices Detail inventory report will provide soon!

ISM Services PMI Previous: 51.2 Forecast: 51.8 Actual: 51.9 IMPACT : As per data it is negative for Bullion

Final Services PMI Previous: 53.7 Forecast: 53.7 Actual: 53.6 Impact: Neutral to slightly positive

ADP Non-Farm Employment Change Previous: 145K Forecast: 148K Actual: 296K Impact: As per data figure it is Negative for Bullion

Major US Economic Data Today 05:45 PM : ADP Non-Farm Employment Change 07:15 PM : Final Services PMI 07:30 PM : ISM Services PMI 08:00 PM : Crude Oil Inventories 11:30 PM : Federal Funds Rate and FOMC Statement 12:00 PM : FOMC Press Conference ( ⚠️ Starting from the evening we have all the major data lined up today. Most important ones are FOMC Interest Rate Decision and FOMC Press Conference)

Our Crude oil 🛢️ Subscribers Booking Decent profit On daily basis.... 💥💥💥 Today we Booked 130 Points 🚀 in CRUDE OIl... Gain 💰Rs 13000 🥳🥳 Package price recover in Just one call and enjoy services Full month 😎😎 ✅ Get Single Entry and Single Target Calls ✅ All Calls Intraday Basis ✅ Proper Entry, Exit and Stop loss For more details about our ENERGY package Kindly call ☎️ us on +91-7065111166 OR WhatsApp us 👇🏻 wa.link/indianmarketview Team Indian Market View

#LME Inventory for today (03rd May 2023) #Aluminium down by -1000MT, #Copper up by 950MT, #Lead up by 200MT, #Nickel up by 48MT #Zinc up by 4600MT. www.indianmarketview.com

CORRECTION FOR SILVER LEVEL ✒️ Silver (July) has support at 76100 while resistance at 76700. Sustainable trade below 76100 will take it to 75800...75500 very soon. If it breaks and sustain the resistance level of 76700 then will take it to 77000---77300 respectively.

#MCX #Commodities Morning Update by IMV (03rd May 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ #Silver (July) has support at 73000 while resistance at 73600. Sustainable trade below 73000 will take it to 72700...72400 very soon. If it breaks and sustain the resistance level of 73600 then will take it to 73900---74200 respectively. ✒️ #Zinc (May) has support at 230 and resistance at 234 Break and sustained below 230 will see the downside move 228---226 and if sustained above 234 can see further upside towards 236…238 level. ✒️ #NaturalGas (May) support has 178 and resistance 188. Sustainable trade above 188 can see more rally towards the next level of 194, 200 and sustained below 178 then can move towards 172....166. Rest of the commodities morning levels send to paid subscribers. 😊 Subscribe our any MCX Package to get daily morning levels complimentary 📲🤝🏻 www.indianmarketview.com

JOLTS Job Openings Actual: 9.59M Forecast: 9.74M Previous: 9.93M Factory Orders m/m Actual: 0.9% Forecast: 1.3% Previous: -0.7% IMPACT : AS PER DATA IT IS POSITIVE FOR BULLION AND NEGATIVE FOR BASE METALS