Buy Lead above target 151-150 stop loss at 153.75 - Enrich

Technical View:

I have been looking to the Hourly charts in Lead Market formed “Descending Triangle” when lower price is flat support with the upper side sloping downwards. Lead continuous trying to move the price up but are facing strong selling pressure in higher slope converging resistance place. but then turned around to fill the gap fr

Evening Update For 2nd March 2017 - Angel Commodities

News and Analysis

* Trump reiterated on his tax cuts and infrastructure spending plans.

* LME Copper stocks fell by 0.4 percent on Wednesday.

* UK’s Construction PMI rose to 52.5 in Feb’17.

European stocks are trading mixed today as hawkish comments by Fed officials boosted rate hike bets. Asian markets are tra

Buy Silver around 43930-44900 target 44000-44100 Stop loss at 43800 - Enrich

Technical View:

I have been looking to the Hourly charts in Silver resistance extended upper side, so it can be formed “Bullish Rectangle chart pattern” we should possible buying opportunities only close above upper parallel line at 44100, And we can measure the target the height of the rectangle size 44300-44450 Place your stop loss below

Sell Gold Below 29400 Target 29340-29270 Stop loss 29450 - Enrich

Gold

Gold on Wednesday 1St March 2017, Gold prices down by -138 pts (0.47%) & closed at 29428 trading range between 29266-29453 and April Comex Gold futures closed at $1250.00, division of the New York Mercantile Exchange.

Gold prices fell on Wednesday for the third day in a row to a one-week low, as the dollar rose against a basket of ma

Buy Guarseed Ncdex April @ 3650 Target 3980 stotloss 3350 - Kedia

Key Highlights

* Sentiments improved in the guar market for 2017, due to acreage reductions, increasing oil prices and an overall increase in demand.

* Rates kept firing up for Guar as fundamentals remained strong. Falling stocks and rising export demand enabled prices to continuously shoot up last week. Near term trend still remains positive

2/03/2017 12:44:58 PM | Posted in Commodities Reports read full news
Soyabean trading range for the day is 2946-3064 - Kedia

Gold

Gold on MCX settled down -0.47% at 29428 fell in yesterday's session for a second straight session as strength in the dollar, a rally in U.S. equities, and rising expectations for a March interest-rate hike by the Federal Reserve pushed futures to their lowest finish in a week.

The combination of the response to U.S. President Donald

2/03/2017 11:45:33 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

Spot gold prices traded flat at $1248.9/oz, near one week lows, as a stronger DX along with rally in the US equities after Trump reiterated on his tax cuts, infrastructure and defence spending plans in his speech before the Congress, pressurised the yellow metal.

Still, the safe haven me

2/03/2017 11:07:47 AM | Posted in Commodities Reports read full news
Buy Crude oil above 3575-3780 target 3600-3630 stop loss at 3550 - Enrich

Crude Oil

Crude Oil on Wednesday 1st March 2017, Crude Oil March futures prices up by 38 pts (1.07%) closed at 3604, trading range between 3580-3647.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $53.83 a barrel.

Crude prices rose on yesterday trade, on hopes of stronger

2/03/2017 10:46:17 AM | Posted in Commodities Reports read full news
We expect Natural gas prices to trade sideways - Sushil Finance

Gold

Gold gave back most of its losses on Wednesday as the dollar pared gains and bullion shrugged off earlier pressure from U.S. Federal Reserve officials' comments that raised expectations of an interest rate hike in March.

New York Fed President William Dudley, one of the most influential U.S. central bankers, said the case for tighten

2/03/2017 10:34:27 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean futures closed lower on Wednesday due to profit booking at higher prices as supplies have been adequate throughout the season. The production is expected to be higher this year and the oil millers are active at lower prices. The Soybean Processors Association of India has rais

2/03/2017 10:13:34 AM | Posted in Commodities Reports read full news
Silver Market formed “Descending Triangle” when lower - Enrich

Technical View:

I have been looking to the Hourly charts in Silver Market formed “Descending Triangle” when lower price is flat support with the upper side sloping downwards. Silver continuous trying to move the price up but are facing strong selling pressure in higher slope converging resistance place. but then turned around to fill the ga

Evening Update For 1st March 2017 - Angel Commodities

News and Analysis

* Trump’s reiterated on his tax cuts and infrastructure spending plans.

* LME Copper stocks plunged 1.2 percent on Tuesday.

* UK’s Manufacturing PMI fell to 54.6 in Feb’17.

European stocks are trading higher today as Trump’s commitment to infrastructure spending boosted risk appeti

We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

Spot gold prices fell by 0.3 percent to $1248.5/oz, retreating from three and half month highs yesterday ahead of Trump’s speech before the Congress.

Still, the safe haven metal has witnessed gains of around 4 percent in February thanks to uncertainty regarding Trump’s polici

1/03/2017 12:06:41 PM | Posted in Commodities Reports read full news
We expect Jeera futures may trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean futures traded higher for the second conse4cutive session on Tuesday due to bargain buying and good demand in the spot market. The production is expected to be higher this year and the oil millers are active at lower prices. The Soybean Processors Association of India has rais

1/03/2017 11:33:54 AM | Posted in Commodities Reports read full news
Crude Oil Sell Below at 3589 target 3550-3530 stop loss 3605 - Enrich

Crude Oil

Crude Oil on Tuesday 28th Feb 2017, Crude Oil March futures prices down by -57 pts (-1.57%) closed at 3566, trading range between 3559-3629.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $54.01 a barrel.

Crude futures settled modestly lower on Tuesday, as fears

1/03/2017 11:21:57 AM | Posted in Commodities Reports read full news
We expect gold prices to trade - Sushil Finance

Gold

The price of gold turned downward on Tuesday as the dollar came off its lows and financial markets awaited U.S. President Donald Trump's speech to Congress later this evening regarding his policies on tax reforms and government spending. Investors are shifting their attention to Trump's policy speech to a joint session of Congress on Wedne

1/03/2017 11:08:38 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6692-7052 - Kedia

Gold

Gold on MCX settled down -0.48% at 29566 tracking weakness from Comex Gold which dropped 0.3 percent to settled at $1,244.93 per ounce on a stronger dollar ahead of a speech by U.S. President Donald Trump that investors hope will shed more light on the details of his economic policy. In yesterday session Dollar strengthened versus major rivals, as

1/03/2017 10:17:46 AM | Posted in Commodities Reports read full news
Evening Update For 28th February 2017 - Angel Commodities

News and Analysis

* Trump’s speech before the Congress tonight to be closely watched.

* LME Copper stocks plunged 1.8 percent on Monday.

* Net long position in WTO oil futures reached record highs last week.

European stocks are trading mixed today ahead of Trump’s speech before the Congress due tonight. Asian

28/02/2017 5:02:19 PM | Posted in Commodities Reports read full news
Buy Gold above 29550-29500 Target 29650-29750 Stop loss 29450 - Enrich

Gold

Gold on Monday 27th Feb 2017, Gold prices up by 87 pts (0.29%) & closed at 29710 trading range between 29541-29785 and April Comex Gold futures closed at $1258.80, division of the New York Mercantile Exchange.

Gold prices were closed high on yesterday as the dollar gives up ground; the market is trading inside Friday’s range w

28/02/2017 2:32:31 PM | Posted in Commodities Reports read full news
Sell Crude Oil @ 3650 Target 3570 - Sushil Finance

Gold

Gold fell after tapping a 3-1/2-month high on Monday as U.S. Treasury yields rose and investors waited for U.S. President Donald Trump to outline plans for tax cuts, infrastructure spending, levies on imports and foreign policy.

Trump is due to address Congress on Tuesday.

Bullion prices briefly rose to 3-1/2-month highs after

28/02/2017 11:49:50 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways - Angel Commodities

Soybean

Soybean futures traded higher on bargain buying and good demand in the spot market at lower levels. The production is expected to be higher this year and the oil millers are active at lower prices so that they can have parity to export soy meal at competitive rates. The Soybean Processors Association of India has raised the estimate for soy me

28/02/2017 11:21:43 AM | Posted in Commodities Reports read full news