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May 06, 2015 09:55
There is a risk that the economic growth slowdown already underway can deteriorate further, precipitating major general market declines and causing demand for raw materials to flag.    Read More

Commodity Advisory


Updated :05:53:15 PM May 06, 2015

ZINC

May 2015

Entry

151.50-151.30

Advice

Buy

Targets

153.8

Agency

Karvy

NICKEL

May 2015

Entry

913-915

Advice

Buy

Targets

930

Agency

Karvy

ALUMINIUM

May 2015

Entry

124

Advice

Sell

Targets

121.6

Agency

Reliance


Pivot Points


Updated :10:14:26 AM May 06, 2015

Trend

Sideways to Bullish

    • S1
    • :
    • 121.7
    • R1
    • :
    • 126.3
Pivot

123.4


Trend

Sideways

    • S1
    • :
    • 410.8
    • R1
    • :
    • 418.1
Pivot

414.5


Lead

MCX

Trend

Sideways to Bullish

    • S1
    • :
    • 135.1
    • R1
    • :
    • 138.9
Pivot

136.6


Expiry Date

2015-05-29

LTP
893.2
Expiry Date

2015-05-29

LTP
893.2
Expiry Date

2015-06-30

LTP
415.05


Outlook on commodities


Updated :02:56:21 PM Jul 23, 2012

Aluminium

May 2015

S1

121.9

R1

124.2

Trends

Sideways

Nickel

May 2015

S1

907.1

R1

925.4

Trends

Bullish

Zinc

May 2015

S1

151.5

R1

153.4

Trends

Bullish

MCX Natural Gas likely to support at 170-171s, buying recommended

2015-05-06 16:40:00

MCX Natural Gas May as seen in the weekly chart above has opened the week at 163.50 levels and made

MCX Crude Oil up trend, support at 3640-3650 levels

2015-05-06 16:35:00

MCX Crude oil May as seen in the weekly chart above has opened the week at 3,642 levels and made low

MCX Silver July in sideways trend, Neutral recommended

2015-05-06 16:10:00

MCX Silver July as seen in the weekly chart above has opened at 36,546 levels and made low of 36460

MCX Gold June in down trend, resistance at 26950-27000 levels

2015-05-06 16:05:00

MCX Gold June as seen in the weekly chart above has opened the week at 26,771 levels and made a high

Go long on Nickel, Zinc in evening session: Karvy

2015-05-06 18:03:10

MUMBAI: On the global front, a worldwide sell-off in government bonds deepened today, with the rise

Crude Oil may trade higher as Saudis raise prices, Libya output slows

2015-05-06 17:11:49

MUMBAI: European markets are trading higher owing favourable economic data from the region. Asian ma

MCX Copper may trade sideways to negative; go short near 414.8: Motilal Oswal

2015-05-06 16:57:19

MUMBAI: Gold prices are lower as Greece made an interest payment of 200 mln euros to the IMF. ADP jo

LME Inventory data: Aluminium declines by 16875 tons

2015-05-06 15:10:41

LONDON (Commodity Online): Aluminium witnessed highest fall in stocks at London Metal Exchange by 16

Brazil's Iron Ore exports up 16.3% Y/Y in Apr

2015-05-06 18:39:04

Brazilian iron ore exports in April totalled 28.73 million tons, up 16.3% from 24.7 million tons in

China's Iron Ore imports from Port Hedland down 4% in Apr

2015-05-06 16:39:49

China's iron ore imports from Port Hedland totalled 30.1 million tons in April, down 4% as compared

US Silver production declines to 84,400 kg in Feb: USGS

2015-05-06 16:04:09

US mines have produced 84,400 kilograms of silver in February, a 5% decrease compared with January s

Brazil's Aluminium exports rise 47.5% Y/Y in Apr: MDIC

2015-05-06 16:03:12

Brazil has shipped 38,327 tons of unwrought aluminium in April this year, surged 47.5% as against 26

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