Indian Market View Commodity Channel (SEBI Registered)

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (06th May 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Silver (July)🥈 has support at 82200 while resistance at 82800. Sustainable trade below 82200 will take it to 81950...81650 very soon. If it breaks and sustain the resistance level of 82800 then will take it to 83050---83300, respectively. ✒️ Zinc (May)🥉 has support at 257.20 and resistance at 261.20 Break and sustained below 257.20 will see the downside move 255.20---253.20 and if sustained above 261.20 can see further upside towards 263.20…265.20 levels. ✒️ Natural Gas (May)⛽ support has 174 and resistance 186. Sustainable trade above 186 can see more rally towards the next level of 192, 198 and if sustained below 174 then can move towards 168…162. 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

⚠️ No Major US Economic Data today (06th May 2024)

🌞 Commodities 🪙 Morning Update by IMV (06th May 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 **✒️ Gold (June)🥇**has support at 70750 and resistance 71050. Break and sustain below 70750 will take it to the next support level of 70600...70450 and sustainable trade above 71050 can see further upside move towards the next resistance level of 71200…71350 **✒️ Copper (May)⛓️**has support at 859 and resistance at 864 Sustainable trade above 864 will see the upside move towards 866.50, 869 and if sustained below 859 can catch the downside move towards 856.50, 854 respectively. ✒️ Crude Oil (May)🛢️ has support at 6510 and resistance at 6590. Sustainable trade below 6510 can see more downside toward 6470…6430 and if sustained above 6590 will see the upside move towards 6630…6670 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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📢 Dear All, Sorry for the delay 🙏 We have just published our this Week's (06th to 10th May 2024) Commodity Report. Click on the link to buy your report copy + Join Weekly Premium WhatsApp Community (Link given in report). Price Just Rs 295 Payment Link 👇👇 rpy.club/lm/rkN45gS3mO ✅✅ (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 (06th May 2024) till 01:30 PM only. Thanks Team Indian Market View

Final Services PMI Actual Data: 51.30 Impact: NEGATIVE for Bullion

Average Hourly Earnings m/m Actual Data: 0.20% Impact: POSITIVE Non-Farm Employment Change Actual Data: 175K Impact: POSITIVE Unemployment Rate Actual Data: 3.90% Impact: POSITIVE NOTE: All Impact mentioned here is for Bullions

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (3rd May 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Silver (July)🥈 has support at 80900 while resistance at 81500. Sustainable trade below 80900 will take it to 80600...80300 very soon. If it breaks and sustain the resistance level of 81500 then will take it to 81800---82000, respectively. ✒️ Zinc (May)🥉 has support at 255.50 and resistance at 259.50 Break and sustained below 255.50 will see the downside move 253.50---251.50 and if sustained above 259.50 can see further upside towards 261.50…263.50 levels. ✒️ Crude oil (May)🛢 has support at 6570 and resistance at 6650. Sustainable trade below 6570 can see more downside toward 6530…6490 and if sustained above 6650 will see the upside move towards 6700…6740 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 (3rd May 2024) Aluminium down by -1375MT Copper down by -3975MT Lead down by -250MT Nickel up by 1098MT Zinc up by 625MT Team Indian Market View

Cash Stock Recommendation (Short Term Holding) Buy West Coast Paper Around 670 Target 750 SL below 630 (Please read Disclaimer before trading / investing)

🌞 Commodities 🪙 Morning Update by IMV (3rd May 2024)🇮🇳✍🏻 **✒ Kindly follow our levels carefully 🧐 ✒️ Gold (June)🥇 has support at 70450 and resistance 70750. Break and sustain below 70450 will take it to the next support level of 70300...70150 and sustainable trade above 70750 can see further upside move towards the next resistance level of 70900…71050 ✒️ Copper (May)⛓️ has support at 843.50 and resistance at 849.50 Sustainable trade above 849.50 will see the upside move towards 852, 855 and if sustained below 843.50 can catch the downside move towards 840.50, 838 respectively. ✒️ Crude Oil (May)🛢️ has support at 6570 and resistance at 6650. Sustainable trade below 6570 can see more downside toward 6530…6490 and if sustained above 6650 will see the upside move towards 6690…6730 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

Natural Gas Storage Previous: 92B Forecast: 68B Actual: 59B IMPACT: POSITIVE for Natuaral Gas Prices

Unemployment Claims Actual Data: 208K Impact: Negative for Bullion Prelim Nonfarm Productivity q/q Actual Data: 0.3% Impact: Positive for Bullion Prelim Unit Labor Costs q/q Actual Data: 0.3% Impact: Negative for Bullion OVERALL MIX DATA BUT MAIN DATA IMPACT IS NEGATIVE

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (02 May 2024)✍️ ✒ Kindly follow our levels carefully 🧐👇🏻 ✒️ Silver (July)🥈 has support at 80300 while resistance at 80900. Sustainable trade below 80300 will take it to 80000...79700 very soon. If it breaks and sustain the resistance level of 80900 then will take it to 81200---81500, respectively. **✒️ Zinc (May)🥉**has support at 252.60 and resistance at 256.40 Break and sustained below 252.60 will see the downside move 250.60---248.60 and if sustained above 256.40 can see further upside towards 258.40…260.40 levels. ✒️ Crude Oil (May)🛢️ has support at 6610 and resistance at 6690. Sustainable trade below 6610 can see more downside toward 6570…6530 and if sustained above 6690 will see the upside move towards 6730…6770 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 (2nd May 2024)🇮🇳✍🏻 ✒ Kindly follow our levels carefully 🧐 ✒️ Silver (July)🥈 has support at 81000 while resistance at 81600. Sustainable trade below 81000 will take it to 80700...80400 very soon. If it breaks and sustain the resistance level of 81600 then will take it to 81900---82200, 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 6600 and resistance at 6690. Sustainable trade below 6600 can see more downside toward 6560…6520 and if sustained above 6690 will see the upside move towards 6730…6770 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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Data negative for Crude Oil