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Jul 23, 2014 11:35

The top three catalysts for absolute movements—either up or down—in precious metals are the ones that help investors determine the potential success of a project, so we're looking at preliminary economic a..    Read More

Commodity Advisory


Updated :05:42:04 PM Jul 24, 2014

ALUMINIUM

Jul 2014

Entry

120.8-121

Advice

Buy

Targets

122.4

Agency

Karvy

NICKEL

Jul 2014

Entry

1151-1152

Advice

Sell

Targets

1143

Agency

Karvy

ZINC

Jul 2014

Entry

142.5-142.6

Advice

Buy

Targets

143.2

Agency

Karvy


Pivot Points


Updated :10:28:35 AM Jul 24, 2014

Trend

Sideways to Bearish

    • S1
    • :
    • 119
    • R1
    • :
    • 121.6
Pivot

120.7


Trend

Sideways

    • S1
    • :
    • 425.6
    • R1
    • :
    • 429.8
Pivot

428.3


Lead

MCX

Trend

Sideways to Bearish

    • S1
    • :
    • 130.9
    • R1
    • :
    • 132.8
Pivot

132.4


Expiry Date

2014-08-29

LTP
434.25
Expiry Date

2014-08-29

LTP
434.25
Expiry Date

2014-07-31

LTP
1151.7


Outlook on commodities


Updated :02:30:03 PM Jul 23, 2012

Copper

Aug 2014

S1

430.5

R1

435.5

Trends

Sideways

Lead

Jul 2014

S1

132.3

R1

133.5

Trends

Bullish

Zinc

Jul 2014

S1

142.4

R1

143.6

Trends

Bullish

Wheat weakness must hold crucial support at 546/544

2014-07-24 13:35:00

By Jason Sen Wheat severely oversold with a potential positive double bottom formation. Yesterday's

Soybeans continues lower to hit our target at 1054/53

2014-07-24 13:35:00

By Jason Sen Soybeans continued lower to hit our target of 1054/53 & bottomed exactly here. Buye

Corn: Immediate resistance seen at 374/75

2014-07-24 13:30:00

By Jason Sen Corn broke 368/367 but held above our next target of 364/363. Immediate resistance seen

LME Aluminum 16-month high amid upbeat: Kedia

2014-07-24 13:15:00

Aluminium prices gains as support seen with LME stocks down to their lowest since September 2009.Alu

Sell MCX Nickel, stop loss 1160: Karvy

2014-07-24 17:58:14

MUMBAI: As said in the morning, today is the day for industrial commodities and mainly base metals.

Base Metals may trade higher on upbeat China data, weak inventories

2014-07-24 17:03:18

MUMBAI: European markets are trading on a positive note today as data showed euro-area manufacturing

Gold slips as strong China data boost equities

2014-07-24 16:45:39

MUMBAI: Gold prices have slipped below $1300 as equity markets continue to run up and China’s

RM Seed trading range 3563-3657, down at 3599

2014-07-24 11:32:14

MUMBAI: Rmseed settled down -0.99% at 3599 on strong offtake by oilmeal exporters' demand at higher

China’s Gold imports from Hong Kong fall to 36.4 tons in Jun

2014-07-24 15:17:00

China’s gold imports from Hong Kong declined to 36.4 tons in June compared with 52.3 tons in M

India likely to harvest record 40 mn bales of Cotton in 2014-15: CCI

2014-07-24 14:53:39

India is expected to harvest a record 40 million bales (170 kilograms each) of cotton in 2014-15 sea

Japan trade deficit surges to record $74.7 bn in H1 2014

2014-07-24 14:01:42

Japan's exports fell 2.0% year-on-year to 5.94 trillion yen ($58.5 billion) in June This year, the s

CCEA approves sale of 10 mn tons of Wheat in open market

2014-07-24 13:16:02

The government has approved sale of 10 million tons of wheat from FCI stock in the open market in or

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