CommodityOnline

MCX Copper June as seen in the weekly chart above has opened at 402 levels and during this week open and low levels were the same. In this week as expected prices rallied sharply towards the weekly...

Trading consistently below 43,500 levels would lead towards the strong support at 42,600 levels and then finally towards the major support at 42,000 levels. MCX Silver July as seen in the...

Resistance is now observed in the range of 28,100 – 28,200 levels. Trading consistently above 28,200 levels would lead towards the strong resistance at 28,600 levels, and then finally...

Natural gas dropped as forecasts for milder weather may cap demand from power plants, bolstering efforts to increase stockpiles. A sustained below 280 level can test 266-252 level in next 1week...

Naturalgas settled down -1.68% at 280.40 slipped Wednesday on expectations that weekly government storage data will show a larger than average increase for this time of year. Prices wavered throughout...

The above Daily chart of Gold suggest that prices are approaching the crucial resistance of 27150 level. Stochastic is in a sell mode. We expect prices to correct up to levels of 26500.

After the high voltage action seen in the month of February this year the energy counter looks to gath-er fresh momentum once it unfolds from the current consolidation as the major trend remains...

Prices breached crucial resistances of Rs 6200/bbl and Rs 6310/bbl at MCX swiftly and closed the week above them, an indication that bulls are holding the steering tightly and may not lose to...

In the coming week prices might continue its upside movement and could able to recover some more of its strength where Rs. 27500/10 gms would be the upper level at MCX and $1290-1300/oz range...

Looking at the daily chart for Copper, we notice the uptrend line drawn from the March 19th lows has definitely been broken as prices have plunged the past several sessions on the news of potential...

MCX Natural Gas June as seen in the weekly chart above has opened the week at 279.60 levels. During this week prices made a low of 268.30 levels. As expected prices could not able to sustain on lower...

MCX Crude oil July as seen in the weekly chart above has opened the week at 6,054 levels and during this week price made a low of 6,052 levels. During this week prices could not able to sustain lower...

MCX Copper June as seen in the weekly chart above has opened at 396.55 levels and as expected during this week prices made a low of 394.55 levels. During this week prices made a high of 403.30 levels...

MCX Silver July as seen in the weekly chart above has opened at 39,980 levels. This week’s open and low was same. During this week prices rallied sharply higher towards the weekly high of 41,900...

MCX Natural Gas June as seen in the weekly chart above has opened the week at 271.90 levels and it made a low of 268.60 levels. As expected prices could not able to sustain on lower levels and bounced...

MCX June crude oil, as seen in the weekly chart has opened the week at the 6,115 level and made a weekly high of 6,159. As expected this week, prices were not able to sustain higher levels and...