Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
ALUMINIUM is continuing its bullish momentum above 197 -Swastika Investmart
News By Tags | #473 #2911

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* UN scrambles to save Black Sea grain deal, with EU help, ahead of Monday deadline

* Oil prices hit 10-week high on tighter supply, soft U.S. inflation

* Oil prices up on tighter supply, lower US inflation

CHART OF THE DAY

 

ALUMINIUM: ALUMINIUM is continuing its bullish momentum above 197; it successfully closed above these resistance levels due to continue weakness in the dollar index in the global market and US bond yield. Technically, 205 is the first and immediate target level; on the downside, 195 are important support levels.

OUTLOOK:

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

* Energy: Day trend is indicating uptrend 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