IGI Logo

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Asia shares pin hopes on China opening, oil rallies

* G7 price cap on Russian oil kicks in, Russia will only sell at market price

* Gold sticks to $1,800, copper boosted by China COVID reopening

CHART OF THE DAY

CRUDE OIL: Crude Oil witnessed a selling pressure after a decent bounce back from lower levels , however 6500 is an immediate support level. On the upside 6600 is immediate resistance level. While above 6600 lead further strength towards 6650-6750 zone

OUTLOOK:

* Bullion: Day trend is indicating to Sideways in Gold &Silver.

* Energy: Day trend is indicating Sideways in Crude oil & Natural gas

* Base metals: Day trend is indicating Uptrend in all base metals.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer