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√Aluminium Trend Update
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Trend updated for-May/16/2024.CMP-238 The Aluminium is in perfect uptrend
.Currently Aluminium is in strong downtrend and the trend is supported with
good volume The open interest is not increasing with trend .. The
oscillator is showing SELL signal For short term Aluminium is in *HOLD LONG
* position and closed above 1 week high with volume signals up
breakout.Positionally Support for the Aluminium is 235-233-222-214-211-.
Immediate resistance for Aluminium is 241Short term and Intraday Level of
ALUMINIUMAluminium closed above 1 week high with volume signals up
breakoutCurrently Aluminium is in *HOLD LONG * position Aluminium has
crossed the high but the trend was not strong and sellers was at high so
for short term better buy above 241.4 with stop at 230.65 The Aluminium is
now trading in highly oversold level. The Zincmini is now trading in
overbought level. The oscillator is showing BUY signal
*Intraday Trend*- Buy is advised only above 241.4 with a stop at 235.5
Below 233.9 go for sell and put stop at 239.8
Intraday Resistance of ALUMINIUM are 240.6 : 243.1 : 245.4 : 248.7 : 253.3
: 258 : 261.3 : 264.7
Intraday Support of ALUMINIUM are 234.7 : 232.2 : 230 : 226.9 : 222.5 :
218.2 : 215.1 : 212
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√Copper Trend Update
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Trend updated for-May/16/2024.CMP-892 The Copper is in perfect uptrend
.Currently Copper is in strong uptrend and the trend is supported with good
volume The open interest is not increasing with trend . In last few days
lot of positive accumulation happened in the Copper. The Copper is now
trading in overbought level. The Copper is now trading in overbought level.
The oscillator is showing BUY signal For short term Copper is in *HOLD LONG
* position and closed above 1 month high with volume signals up
breakout.Positionally Support for the Copper is 865-861-848-806-776-762-.
Immediate resistance for Copper is 909Short term and Intraday Level of
COPPERCopper closed above 1 week high with volume signals up
breakoutCurrently Copper is in *HOLD LONG * position In short term Copper
is in strong up trend so hold with stop at 875 The Copper is now trading is
approaching overbought level. The oscillator is showing BUY signal
*Intraday Trend*- Buy is advised above 906.8 with a stop at 883.7 Below
877.2 go for sell with a stop at 900.3
Intraday Resistance of COPPER are 905 : 915.8 : 930.9 : 937.3 : 943.7
Intraday Support of COPPER are 878.9 : 868.1 : 853.8 : 847.7 : 841.7
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√Crude Oil Trend Update
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Trend updated for-May/16/2024.CMP-6551 The Crudeoil is in long- term bull
phase .Currently Crudeoil is in strong downtrend with good momentum and the
trend is supported with good volume The open interest is not increasing
with trend . Noting point is selling at lower levels seems decreasing. The
Crudeoil is now trading in oversold level. The Crudeoil is now trading in
oversold level. The oscillator is showing BUY signal For short term
Crudeoil is in *SELL* position.Positionally Support for the Crudeoil is
6508-.Resistance for the Crudeoil is 6594-6690-6705-6823-6843-Short term
and Intraday Level of CRUDEOILCurrently Crudeoil is in *HOLD SHORT *
position Crudeoil has formed a new 5 day low yesterday but failed to keep
the trend so if selling has to considered better below6447.7 Buy if above
6689.0 The oscillator is showing SELL signal
*Intraday Trend*- Buy is advised above 6654.7 with a stop at 6492.8 Below
6447.7 go for sell
Intraday Resistance of CRUDEOIL are 6641.4 : 6716.4 : 6673 : 6690
Intraday Support of CRUDEOIL are 6460.6 : 6385.6 : 6430.2 : 6413.5
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√Gold Trend Update
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Trend updated for-May/16/2024.CMP-73102 The Gold is in perfect uptrend
.Currently Gold is in strong uptrend with good momentum and the trend is
supported with good volume The open interest is not increasing with trend .
Cautious point is buying at higer levels seems decreasing. The Gold is now
trading in overbought level. The Gold is now trading in overbought level.
The oscillator is showing BUY signal For short term The current position is *BUY
* .Positionally Support for the Gold is
71401-71380-71189-69197-66892-65714-. Immediate resistance for Gold is 73438Short
term and Intraday Level of GOLDCurrently Gold is in *HOLD LONG * position
In short term Gold is in strong up trend so hold with stop at 71939 The
Gold is now trading in highly overbought level. The oscillator is showing
SELL signal
*Intraday Trend*- Buy is advised above 73753 with a stop at 72704.4 Below
72453 go for sell with a stop at 73500.6
Intraday Resistance of GOLD are 73605.8 : 74023.9 : 73508.1 : 73564.5
Intraday Support of GOLD are 72598.2 : 72180.1 : 72697 : 72640.9
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√Lead Trend Update
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Trend updated for-May/16/2024.CMP-194 The Lead is in perfect uptrend
.Currently Lead is in strong uptrend and the trend is supported with good
volume The open interest is not increasing with trend .. The oscillator is
showing BUY signal For short term Lead is in *HOLD LONG *
position.Positionally Support for the Lead is 192-191-190-185-182-.
Immediate resistance for Lead is 197Short term and Intraday Level of LEADCurrently
Lead is in *HOLD LONG * position In short term Lead is in strong up trend
so hold with stop at 194 The Lead is now trading is approaching overbought
level. The oscillator is on SELL signal and Lead is coming down from
overbought level
*Intraday Trend*- Buy is advised above 196.5 with a stop at 193.1 Below
192.3 go for sell with stop at 195.6
Intraday Resistance of LEAD are 196.1 : 197.5 : 201.4 : 204.3 : 208.5 :
212.8 : 215.8 : 218.9
Intraday Support of LEAD are 192.6 : 191.2 : 187.4 : 184.6 : 180.7 : 176.8
: 174 : 171.3
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√Natural Gas Trend Update
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Trend updated for-May/16/2024.CMP-199 The Naturalgas is in perfect uptrend
.Currently Naturalgas is in strong uptrend and the trend is supported with
good volume The open interest is not increasing with trend . Cautious point
is buying at higer levels seems decreasing. The Naturalgas is now trading
in overbought level. The Naturalgas is now trading in overbought level. The
oscillator is showing BUY signal For short term The current position is *BUY
* .Positionally Support for the Naturalgas is 187-179-172-165-156-155-.
Immediate resistance for Naturalgas is 203Short term and Intraday Level of
NATURALGASCurrently Naturalgas is in *HOLD LONG * position In short term
Naturalgas is in strong up trend so hold with stop at 191 The Naturalgas is
now trading in highly overbought level. The oscillator is showing BUY
signal
*Intraday Trend*- Buy if open above 201.7 with a stop at 196.1 or buy above
204.2 Below 193.6 go for sell or sell if open below196.1
Intraday Resistance of NATURALGAS are 201.3 : 203.8 : 207.8 : 213.3 : 217.5
: 220.6 : 223.7
Intraday Support of NATURALGAS are 196.5 : 194 : 190 : 185 : 181.1 : 178.3
: 175.5
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√Nickel Trend Update
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Trend updated for-May/16/2024.CMP-2450 The Nickel is in perfect uptrend
.Currently Nickel is in strong uptrend but volume is unsatisfactory The
open interest is not increasing with trend .. The Nickel is now trading in
overbought level. The Naturalgas is now trading in overbought level. The
oscillator is showing BUY signal For short term Nickel is in *HOLD LONG *
position.Positionally Support for the Nickel is
2304-2204-2177-2166-2093-2029-. Immediate resistance for Nickel is 2506Short
term and Intraday Level of NICKELCurrently Nickel is in *HOLD LONG *
position The Nickel was in downtrend but yesterday market closed in
confusion so book short if any or hold with tight stop at 2428.0 If trades
and sustain above 2455.0 it is a covering signal The oscillator is showing
BUY signal
*Intraday Trend*-The Nickel closed in a confusion manner So sell for
intraday Only below 2403 with a stop at 2476 If opens above 2476 or trade
above 2497.2 go for buy with stop at 2424.1
Intraday Resistance of NICKEL are 2455.5 : 2460 : 2485.2 : 2499.7 : 2514.3
: 2524.8 : 2535.3
Intraday Support of NICKEL are 2444.5 : 2440 : 2415.1 : 2400.8 : 2386.5 :
2376.3 : 2366.2
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√Silver Trend Update
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Trend updated for-May/16/2024.CMP-86865 The Silver is in perfect uptrend
.Currently Silver is in strong uptrend and the trend is supported with good
volume The open interest is not increasing with trend .. The oscillator is
showing BUY signal For short term The current position is *BUY * and closed
above 1 month high with volume signals up breakout.Positionally Support for
the Silver is 83305-82203-82191-79175-76296-75334-. Immediate resistance
for Silver is 87323Short term and Intraday Level of SILVERSilver closed
above 1 week high with volume signals up breakoutCurrently Silver is in *HOLD
LONG * position In short term Silver is in strong up trend so hold with
stop at 84782 Very Short term investor please cautious on Silver as it is
moving with low volatality The Silver is now trading in highly overbought
level. The oscillator is showing BUY signal
*Intraday Trend*- Buy is advised above 88045.6 with a stop at 86189.9 Below
85688.4 go for sell with a stop at 87542.2
Intraday Resistance of SILVER are 87869.8 : 88703.8 : 87307.7 : 87369.1
Intraday Support of SILVER are 85860.2 : 85026.2 : 86423.5 : 86362.3
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√Zinc Trend Update
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Trend updated for-May/16/2024.CMP-262 The Zinc is in perfect uptrend
.Currently Zinc is in strong uptrend and the trend is supported with good
volume The open interest is not increasing with trend . Cautious point is
buying at higer levels seems decreasing. The Zinc is now trading in
overbought level. The oscillator is showing BUY signal For short term Zinc
is in *HOLD LONG * position.Positionally Support for the Zinc is
260-258-253-238-230-228-. Immediate resistance for Zinc is 268Short term
and Intraday Level of ZINCCurrently Zinc is in *HOLD LONG * position In
short term Zinc is in strong up trend so hold with stop at 261 The
oscillator is showing BUY signal
*Intraday Trend*- Buy is advised above 266.1 with a stop at 259.6 Below
257.8 go for sell with stop at 264.3
Intraday Resistance of ZINC are 265.5 : 268.5 : 273.5 : 278.4 : 283.3 :
286.8 : 290.3
Intraday Support of ZINC are 258.4 : 255.4 : 250.6 : 246 : 241.5 : 238.2 :
235