Indian Market View Commodity Channel (SEBI Registered)

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. Click on the link to pay 👉🏻 https://rpy.club/lm/xhIH2tFSNe (Price only 295 Rs) Team Indian Market View

📢 Dear All, Sorry for delay! 🙏 🙏 We have just published our Weekly Commodity Report. Click on the link to buy your report copy + Join Weekly Premium WhatsApp Community (Link given in report). Price Just Rs 295 MCX Commodity Weekly Report (12th to 16th Feb 2024), Payment link 👇👇 rpy.club/lm/xhIH2tFSNe ✅✅ (After payment, join Premium WhatsApp Community and get All commodities intraday levels + premium updates + Premium audio messages. यह सब कुछ इंग्लिश और हिंदी दोनों में) Hurry! This payment link will work only till today (12th Feb 2024) till 01:00 PM Thanks Team Indian Market View

#MCX #Commodities Evening Session Technical Levels by IMV (09th Feb 2024) ✍️ NO US Economic Data Today (09th Feb 2024) ✒️ Kindly follow our levels carefully ✒️ #Gold (Apr) 🥇 has support at 62250 and resistance 62550. Break and sustain below 62250 will take it to the next support level of 62100...62000 and sustainable trade above 62550 can see further upside move towards the next resistance level of 62700…62850 ✒️ #Silver (Mar) 🥈 has support at 70600 while resistance at 71200. Sustainable trade below 70600 will take it to 70300...70000 very soon. If it breaks and sustain the resistance level of 71200 then will take it to 71500---71800, respectively. ✒️ #Copper (Feb) ⛓️ has support at 703 and resistance at 708 Sustainable trade above 708 will see the upside move towards 710.50, 713 and if sustained below 703 can catch the downside move towards 700.50, 698 respectively. ✒️ #Zinc (Feb) 🥉 has support at 206 and resistance at 210 Break and sustained below 206 will see the downside move 204---202 and if sustained above 210 can see further upside towards 212…214 levels. ✒️ #Aluminium (Feb) 🪩 has support at 197.60 and resistance at 201.60 Sustainable trade below 197.60 can see the downside move towards 195.60...193.60 and if sustains above 201.60 will take it to 203.50, 205.50 very soon. ✒️ #NaturalGas (Feb) ⛽ support has 148 and resistance 158. Sustainable trade above 158 can see more rally towards the next level of 163, 168 and if sustained below 148 then can move towards 143…138. ✒️ #CrudeOil (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. www.indianmarketview.com

#LME Inventory for today (09th Feb 2024) #Aluminium up by 1300MT, #Copper unchanged, #Lead up by 4750MT, #Nickel up by 432MT #Zinc up by 10550MT. Team Indian Market View

#Commodities Morning Update by IMV (09th Feb 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ #Gold (April) has support at 62310 and resistance 62620. Break and sustain below 62310 will take it to the next support level of 62180...62020 and sustainable trade above 62620 can see further upside move towards the next resistance level of 62780…62920 ✒️ #Zinc (Feb) has support at 207 and resistance at 211 Break and sustained below 207 will see the downside move 205---203 and if sustained above 211 can see further upside towards 213…215 levels. ✒️ #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 www.indianmarketview.com

Natural Gas Storage Actual Data: -75B IMPACT: Data is as per expectation and Neutral for NG Price.

Unemployment Claims Previous: 224K Forecast: 221K Actual: 218K Impact: NEGATIVE for Bullion

#MCX #Commodities Evening Session Technical Levels by IMV (08th Feb 2024) ✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ #Silver (Mar) 🥈 has support at 70100 while resistance at 70700. Sustainable trade below 70100 will take it to 69800...69500 very soon. If it breaks and sustain the resistance level of 70700 then will take it to 71000---71300, respectively. ✒️ #Copper (Feb) ⛓️ has support at 708.50 and resistance at 714.50 Sustainable trade above 714.50 will see the upside move towards 717.50, 720 and if sustained below 708.50 can catch the downside move towards 705.50, 703 respectively. ✒️ #CrudeOil (Feb) 🛢️ has support at 6110 and resistance at 6200. Sustainable trade below 6110 can see more downside toward 6070…6030 and if sustained above 6200 will see the upside move towards 6240…6280 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

Major US Economic Data Today (08th Feb 2024) 07:00 PM : Unemployment Claims 08:30 PM : Final Wholesale Inventories m/m (NOT very important) 09:00 PM : Natural Gas Storage

#LME Inventory for today (08th Feb 2024) Aluminium up by 1300MT Copper down by -25MT Lead up by 4750MT Nickel up by 576MT Zinc up by 10225MT Team Indian Market View

#Commodities Morning Update by IMV (08th Feb 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ #Silver (Mar) has support at 69800 while resistance at 70400. Sustainable trade below 69800 will take it to 69500...69200 very soon. If it breaks and sustain the resistance level of 70400 then will take it to 70700---71000, respectively. ✒️ #Zinc (Feb) has support at 213.60 and resistance at 217.60 Break and sustained below 213.60 will see the downside move 211.60---210 and if sustained above 217.60 can see further upside towards 218.60…220 levels. ✒️ #NaturalGas (Feb) support has 160 and resistance 170. Sustainable trade above 170 can see more rally towards the next level of 175, 180 and if sustained below 160 then can move towards 155…150. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

But Gasoline inventory came highly negative so it can push Crude Oil Prices then from upper levels we may see some pressure again

DATA IS NEGATIVE FOR CRUDE OIL PRICES