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Commodity Advisory


Updated :05:27:03 PM May 03, 2016

ALUMINIUM

May 2016

Entry

110.20-110.30

Advice

Sell

Targets

108.7

Agency

Karvy

NICKEL

May 2016

Entry

630-632

Advice

Buy

Targets

647

Agency

Karvy

COPPER

May 2016

Entry

334-334.50

Advice

Sell

Targets

328

Agency

Karvy


Pivot Points


Updated :10:19:27 AM May 03, 2016

Trend

Sideways

    • S1
    • :
    • 110.8
    • R1
    • :
    • 111.5
Pivot

111.2


Trend

Sideways

    • S1
    • :
    • 333.8
    • R1
    • :
    • 339.2
Pivot

337


Lead

MCX

Trend

Sideways

    • S1
    • :
    • 119.1
    • R1
    • :
    • 120.2
Pivot

119.8


Expiry Date

2016-06-30

LTP
332.35
Expiry Date

2016-05-31

LTP
640.7
Expiry Date

2016-05-31

LTP
126.7


Outlook on commodities


Updated :02:55:59 PM Jul 23, 2012

Lead

May 2016

S1

117.3

R1

119.3

Trends

Bullish

Aluminium

May 2016

S1

109.3

R1

111.3

Trends

Bullish

Nickel

May 2016

S1

633

R1

643.4

Trends

Bullish

GBP/USD: Longs need stops below 1.4595

2016-05-03 17:25:00

By Jason Sen GBPUSD holding above important support at 1.4625/35 now targets 1.4680/85, 1.4720/25, 1

Emini Nasdaq could good support at 4310/05

2016-05-03 17:20:00

By Jason Sen Emini Nasdaq trading around strong resistance at 4365/70 as I write & again shorts

Dax could higher look for a selling opportunity at 10230/240

2016-05-03 17:15:00

By Jason Sen Dax best support of the day at 10090/80 so this is key to direction again today. Risks

Emini S&P failure to beat 2075

2016-05-03 17:10:00

By Jason Sen Emini S&P failure to beat 2075 targets 2070 & first support at 2064/63 for at l

Sell MCX Copper, Aluminium; buy Nickel: Karvy

2016-05-03 17:42:48

MUMABI: Gold prices again recovered from morning lows and tested $1300/ounce in today’s sessio

MCX Crude Oil may trade lower as supply-glut fears return

2016-05-03 17:21:46

MUMBAI: European markets are trading lower today as weak manufacturing data from US and China hurt r

Fresh selling seen in RM Seed, open interest up by 10.02%

2016-05-03 16:47:54

MUMBAI: Mustard Seed on NCDEX settled down by -1.21% at 4418 on weak demand and higher supply in dom

Fresh buying seen in Maize, open interest up by 2.4%

2016-05-03 16:41:03

MUMBAI: Maize on NCDEX settled up by 0.71% at 1271 tracking firmness in spot demand despite of weak

Malaysia's Palm Oil exports down 5.6% in April

2016-05-03 17:45:14

Malaysia's Palm Oil exports during April 1-30 period are estimated down by 5.6% on month at 1,108,61

Peru Copper output up 45.69% in March

2016-05-03 16:27:34

Copper production in Peru rose by 45.69% to 188,052 tonnes in March from the same month in 2015, the

UK's manufacturing shrinks for the first time in 3 years

2016-05-03 14:42:29

UK's manufacturing sector is in the worst shape it's been in for three years and there is a "deep un

India to cancel compulsory Sugar export order: officials

2016-05-02 16:53:58

India will soon scrap an order that requires sugar mills to export excess supply, two government off

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