Crude futures settle down on fewer worries of supply disruptions - Swastika Investmart
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil little changed as Middle East supply concerns fade
* Crude futures settle down on fewer worries of supply disruptions
* Gold eases as risk appetite improves, traders eye more Fed cues
ZINC:
ZINC is trading volatile and still struggling to sustain above 25 DMA, where it faced resistance in a supply zone of 224– 225. On the downside, 50 DMA is acting as a strong support, which is currently placed at 219–220. Below this, we can expect selling pressure to get momentum towards 216-215 levels. On the upside, 225 will act as a strong resistance area.
OUTLOOK:
* Bullion: Day trend is indicating sideways to upside in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas
* Base metals: Day trend is indicating sideways to upside in all base metals
Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732
Tag News
Buy Zinc Above 259 SL. BELOW 256 TGT 263/264 - Axis Securities Ltd
