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May 03, 2016 10:30
Precious Metals are likely to repeat last week’s performance on the upside.API and EIA reports on Wednesday may provide some relief to oil prices if inventories suggest that storage levels have declined.    Read More

Commodity Advisory


Updated :05:31:16 PM May 04, 2016

NICKEL

May 2016

Entry

624-626

Advice

Buy

Targets

645

Agency

Karvy

LEAD

May 2016

Entry

116.80-116.70

Advice

Buy

Targets

118.4

Agency

Karvy

COPPER

May 2016

Entry

330

Advice

Sell

Targets

322

Agency

Karvy


Pivot Points


Updated :10:10:33 AM May 04, 2016

Trend

Sideways to Bearish

    • S1
    • :
    • 107.4
    • R1
    • :
    • 110.9
Pivot

109.5


Trend

Sideways to Bearish

    • S1
    • :
    • 327.1
    • R1
    • :
    • 333.1
Pivot

330.9


Lead

MCX

Trend

Sideways to Bearish

    • S1
    • :
    • 116.3
    • R1
    • :
    • 118.7
Pivot

117.8


Expiry Date

2016-06-30

LTP
324.95
Expiry Date

2016-05-31

LTP
630.5
Expiry Date

2016-06-30

LTP
325.05


Outlook on commodities


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

Aluminium

Apr 2016

S1

107.6

R1

109

Trends

Sideways

Lead

Apr 2016

S1

116

R1

117.6

Trends

Sideways

Zinc

Apr 2016

S1

124.3

R1

126

Trends

Sideways

USD/INR likely to trade with positive bias

2016-05-04 17:15:00

USDINR pair is likely to trade with positive bias in today’s session. The pair has resistance

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

Fresh selling seen in RM Seed, open interest up by 9.33%

2016-05-04 15:37:06

MUMBAI: Mustard Seed on NCDEX settled down by -1.49% at 4352 as arrivals are increasing and not much

Maize market under long liquidation, open interest drops 1.42%

2016-05-04 15:22:40

MUMBAI: Maize on NCDEX settled down by -0.24% at 1268 owing to slackened demand from consuming indus

Fresh selling seen in Crude Palm Oil, open interest up by 1.02%

2016-05-04 15:19:25

MUMBAI: Crude palm Oil on MCX settled down by -0.96% at 535.7 on subdued demand following weak expor

Fresh selling seen in Ref Soya Oil, open interest up by 5.56%

2016-05-04 15:01:59

MUMBAI: Ref Soya oil on NCDEX settled down by -0.41% at 644.65 on weak demand and higher supply in d

Russian Crude Oil output edges down in April

2016-05-03 18:28:24

Russian oil output fell slightly to 10.84 million barrels per day (bpd) in April, Energy Ministry da

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

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