CommodityOnline

Resistance is now observed in the range of 238 - 240 levels. Trading consistently above 240 levels would lead towards the strong resistance at 247 levels, and then finally towards the major...

Trading consistently above 6,060 levels would lead the rally towards the strong resistance at 6,140 levels, and then finally towards the major resistance at 6,200 levels. MCX Crude oil Aug as...

Copper prices to find support in the range of 430 – 429 levels. Trading consistently below 429 levels would lead towards the strong support at 424 levels and then finally towards the major...

silver prices to find support in the range of 44,050 – 44,000 levels. Trading consistently below 44,000 levels would lead towards the strong support at 43,400 levels and then finally towards...

As one can see from the adjacent chart below, MCX aluminium has formed a double top chart pattern on the one-hour chart. A negative diversion on the Moving Average Convergence Divergence and the...

As prices broke the immediate trend line support of 517, could continue the downfall towards 515 followed by 512. But, it needs to clear another long trend line support of 511.5 for the bears to...

Prices are now expected to trade higher eyeing upper band of channel at Rs. 123. Hence, we recommend to go long on decline with stop loss below Rs. 118.90. MCX Aluminum prices are trading in a...

As one can see from the adjacent chart, MCX gold is trading in a triangular pattern on the four-hour chart. A narrow Bollinger Band indicates a risky view on the yellow metal. On breaking out in...

RSI is in a buy mode. We expect prices to go up to levels of 6200. The above Daily chart of Crude Oil suggest that prices have reversed after taking support of 6050 level. RSI is in a buy mode....

Resistance is now observed in the range of 234 - 235 levels. Trading consistently above 235 levels would lead towards the strong resistance at 240 levels, and then finally towards the major...

At the last trading session of the week prices bounced from the lower levels and finally closed 0.36% lower at 6,150 levels. During this week we saw that prices have moved between the support and...

Resistance is now observed in the range of 438 - 440 levels. Trading consistently above 440 levels would lead towards the strong resistance at 445 levels, and then finally towards the major...

Resistance is now observed in the range of 45,600 – 45,700 levels. Trading consistently above 45,700 levels would lead towards the strong resistance at 46,600 levels, and then finally...

For the week beginning July 28, we expect gold prices to find support in the range of 27,600 – 27,500 levels. Trading consistently below 27,500 levels would lead towards the strong support...

This indicates a bearish outlook. On any rise till Rs6,175-6,185 one can sell for a target of Rs6,100-6,075. Trade above Rs6,225 will negate a bearish view on the counter. As one can see from...

The above Daily chart of Gold suggest that prices have breached the crucial support of 27700 level. RSI is in a sell mode. We expect prices to correct up to levels of 27500.