Last week Global Market Closing Rate
|
Global Market
|
Last Close
|
% Change
|
|
Gold
|
$1104.3
|
4.06
|
|
Silver
|
$13.93
|
0.58
|
|
Crude
|
$32.88
|
-3.41
|
|
NG
|
$2.477
|
5.99
|
|
Copper
|
$2.016
|
-5.17
|
Technical outlook for the week
Gold
Previous Close 25982
This week, Gold has support at 25760 and resistance at 26240.
Silver
Previous Close 33824
This week, Silver has support at 33600 and
resistance at 34600
Crude Oil
Previous Close 2244
This week, Crude oil has support at 2150 and
resistance at 2320
Natural Gas
Previous Close 163.50
This week, Natural gas has support at 159---151
and resistance at 165.
Copper
Previous Close 301.40
This week, Copper has support at 293---289 and
resistance at 309---314.
Nickel
Previous Close 569.80
This week, Nickel has support at 542---529 and
resistance at 585
Weekly Recommendations
Sell Gold around 26050---26080 with stop loss above 26240 on
closing basis for the initial target of 25760.
Sell Silver around $14.00---$14.10 INR 34200
with stop loss above $14.40 INR 34600 on closing basis for the initial target
of $13.80---$13.50 INR 33600---32900.
Buy Natural gas around 159 with stop loss below
152 on closing basis for the initial target of 173---178 and then to 185.
Sell Copper on rise around 305---308 with stop loss of 314
for the initial target of 276.
www.indianmarketview.com
