Published on 21/06/2018 5:02:54 PM
2ND TGT ACHIEVED IN GOLD AT 30560, BOOK FULL PROFIT RS 10000. MCX
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Published on 21/06/2018 4:32:31 PM
ONCE BOOK AND EXIT SHORT FROM ZINC AT 204.10 AS PRICES GETTING SUPPORT. MCX
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Published on 21/06/2018 4:17:53 PM
LEAD@162.15, BOOK PROFITS, HIGH RISK TARDERS MAY HOLD OF RTHE TGT OF 161.50
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Published on 21/06/2018 3:28:16 PM
Book Part Profit @ 30625 & Trail SL to Cost....Sell GOLD @ 30675 SL 30753 TGT 30550
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Published on 21/06/2018 3:10:49 PM
ONCE BOOK AND EXIT SHORT FROM LEAD AT 163.00 AS PRICES GETTING SUPPORT. PROFIT RS 3500. MCX
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Published on 21/06/2018 3:06:12 PM
2ND TGT ACHIEVED IN CRUDE OIL AT 4408, BOOK PROFIT RS 6200. MCX
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Published on 21/06/2018 3:01:00 PM
ZINC
Technical outlook
Zinc daily chart has formed “Broadening bottom” pattern. The last session ended up consolidated near a key support zone near 205 inside the channel. The market is expected to continue on the bearish momentum, once the same breaks below the key support. The downside rally could test all the way through 203-200 levels and furthermore in the upcoming sessions. Alternatively, if the key support holds strong then the market might have a chance to retest the same and turn bullish. Key resistance holds at 210.
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Published on 21/06/2018 3:00:38 PM
SILVER
Technical outlook
Silver daily chart has formed “Rising channel” pattern. The last session ended up consolidated near an interim support trend line inside the channel. As per the technical aspects of the pattern the market is expected to continue on the bearish momentum, once the same breaks below a key support holding at 39500. The downside rally could test all the way through 39250-39000 levels and furthermore in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. Key resistance holds at 40000 and support at 39000.
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Published on 21/06/2018 3:00:20 PM
NICKEL
Technical outlook
Nickel daily chart has formed “Rising channel” pattern. The last session ended up bullish in trend as the prices have already broken out the channel’s support slope line. The market is expected to continue on the bullish trend, testing all the way through 1030-1040-1060 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 990 then it might turn to overall bearish. The downside rally could test 970-950 levels. Key resistance holds at 1060.
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Published on 21/06/2018 2:59:51 PM
NATURAL GAS
Technical outlook
Natural gas daily chart has formed “Rising channel” pattern. The last session ended up bullish in trend retesting near the channel’s support slope line. The market is expected to continue on the bullish term, testing all the way through 204-206 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 198 then it might turn bearish once again. The downside rally could test 195-193 levels. Key resistance holds at 206.
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