CommodityOnline

Crude oil found some support on Friday, but not for long as rally was just a minor fourth wave within ongoing extended wave (iii) that can be targeting 81-82 area this week. From a trading perspective...

This is the festival time in India and should investors consider this sell-off as an opportunity to buy precious metals on the cheap? Is it the right time to buy Gold? Why this decline may not benefit...

The medium-term price trend still looks bearish and the downside move is now likely to extend further towards the previous low at Rs.4716 level. As per our previous recommendation dated 11th...

MCX Zinc recommend to go short on rise with stop loss above Rs. 144.95 eyeing target at Rs. 140/138. MCX Zinc prices are trading in a primary up trend indicated by higher tops higher bottoms. Prices...

OIL DailyCrude oil is at the lows but based on a larger pattern and RSI divergence suggests that we may see a bounce in October. The wave count is showing idea of a flat correction in wave 2 where...

Resistance is now observed in the range of 253 - 255 levels. Trading consistently above 255 levels would lead towards the strong resistance at 260 levels, and then finally towards the major resistance...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,030 and profit target at 1,900, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is...

Spare a thought for gold and silver, the assets left behind in a summer of gung-ho action for several indices, currencies and shares.A bad 2013 has now been consolidated, with growth in the spring...

Price resistance can be seen at 270 mark followed by final resistance at 290 mark. Support can be seen at 240 followed by strong support at 228 mark.MCX Natural Gas Oct contract has been trading in...

USD Index DailyUSD index is in bullish mode for the last couple of weeks from 78.90 where new count is showing the end of wave (B) so current rally can be a start of a big impulsive wave CC) from a...

The 14- period RSI is currently pointing lower indicating negative momentum for prices. Hence, we recommend to sell the commodity for the target price of Rs. 115.As per our previous recommendation...

Trading consistently above 246 levels would lead towards the strong resistance at 252 levels, and then finally towards the major resistance at 256 levels. MCX Natural Gas October as seen in the...

Trading consistently above 5,710 levels would lead the rally towards the strong resistance at 5,780 levels, and then finally towards the major resistance at 5,840 levels. MCX Crude oil October...

For the next week we expect Copper prices to find support in the range of 416 – 417 levels. Trading consistently below 416 levels would lead towards the strong support at 412 levels and then...

Trading consistently above 40,300 levels would lead towards the strong resistance at 41,000 levels, and then finally towards the major resistance at 41,800 levels. September 22, 2014 15:00MCX...

Trading consistently below 26,200 levels would lead towards the strong support at 25,850 levels and then finally towards the major support at 25,600 levels. MCX Gold October as seen in the...