Mcx Mentha Oil Cardamom Currency and Nifty Report : 10th August 2018

Currency Update for Exporters and Importers :10th August 2018

MCX Cardamom and Mentha Oil Report : 10th August 2018

MCX CARDAMOM AND MENTHAOIL DAILY REPORT

TECHNICAL VIEW

Cardamom 14^th August 2018: (previous day close/CMP Rs.1125.00)

Support: 1075.60-1092.50-1109.60

Resistance: 1157.50-1174.40-1190

o      Severe floods in Kerala will surely result in loss of cardamom, pepper and other crops.

o      Cardamom (September future) can rise to 1450-1500 and more depending on the extent of damage done.

o      Trend is bullish with 1157.50 as key resistance.

o      Corrections upto to 1092 are a part of the bull rally.

Mentha Oil 31^st August 2018:  (previous day close/CMP Rs.1649.50)

Support: 1540.60-1587.60-1605.60-1634.90

Resistance: 1696.90-1758.90-1832.30

o      There will be another wave of rise over 1664.20 to 1729.10 and 1758.90.

o      Sellers will be there below 1605.60.

o      Trend is bullish.

Nifty daily report : 10th August 2018

NIFTY DAILY TECHNICAL REPORT

Current Level: 11459.50

Support: 11272.60-11320.20-11371.60-11423.90

Resistance: 11488.60-11517.40-11546.30-11668.70

·       Immediate resistance is at 11488.60. There will be another wave of rise over 11488.60 to 11546.70 and 11621.10.

·       Sellers/bearish trend will be there below 11423.90.

·       Look for signs of profit taking before the weekend.

Nifty will correct if and when global economic fundamentals are in charge. Momentum is bullish. One needs to look for signs of profit taking before close. There is still fear among the investors. Any bad news can result in a quick sell off. Use trailing stop losses if you are a momentum trader.

Nine "O" Clock Currency and Commodity Report : 9th August 2018

Nine “O” Clock Currency Commodity Report

·       U.S. jobless claims fall 6,000 to 213,000

·       12-month rate of core PPI climbs to 2.8% from 2.7%

Range bound markets are very scary. Gold, silver and crude oil are trading in a range. Nickel, copper, lead and zinc are showing signs of weariness on today’s rise. Investors and traders are extra cautious today. Even the currency markets are range trading with the US dollar having the slight edge against the euro and pound. Direction of US stock markets will dictate metals, energies and currencies. The recent range bound trade will be broken soon. News will be the key. US dollar Index still floats over 95.00.

GOOD NIGHT

Five "O" Clock Currency and Commodity Report : 9th August 2018

Five “O” Clock Currency Commodity Report

Closing prices:

Usd/Inr: 68.6050

Sensex: 38024.37

Nifty: 11470.70

Current rates

Spot Gold: $1215.15

Spot Silver: $15.5000

MCX Gold October: Rs.29674

MCX Silver September: Rs.38157

Nifty creeping higher on closing basis every day. Emerging market currencies have gained today against the US dollar. Pound is trying and will be trying to pare some of this week’s losses against the US dollar. Industrial metals have risen so far as global growth outlook is not as gloomy as perceived. Gold and silver are trading with a firm bias. There are US economic data release which will affect the trend of the markets. Russian trade sanctions will not have any impact on financial markets. Natural gas prices can rise due to Russian trade sanctions. Crude oil prices will be very volatile due to Russia and Iran.

Spot Gold and Silver (Hazir) Report : 9th august 2018

PHYSICAL GOLD, SILVER PRICE

Wednesday, August 08, 2018

2:00pm IST

Gold

PHYSICAL GOLD PRICE 30317 MCX GOLD OCTOBER PRICE 29592 -- DIFFERENCE 725

PHYSICAL/HAAZIR GOLD BUY PRICE 30197  SELL PRICE 30590

Silver

PHYSICAL SILVER PRICE 38844 MCX SILVER SEPTEMBER PRICE 37919 -- DIFFERENCE 925

PHYSICAL/HAAZIR SILVER BUY PRICE 38590  SELL PRICE 39232

View:

Silver difference has risen by 25 (as compared to yesterday). If gold and silver price globally do not fall for the rest of the day, then the gap/difference in gold and silver will rise.

Notes to the above

Price for delhi city

The above are approximate price. Actual may vary.

24 carat is the purity level for both gold and silver.

Mcx Mentha Oil Cardamom Currency and Nifty Report : 9th August 2018

Currency Update for Exporters and Importers :9th August 2018   

NIFTY DAILY TECHNICAL REPORT

Current Level: 11471.90

Support: 10325.50-11368.10-11411.30-11453.90

Resistance: 11488.60-11512.70-11531.80-11613.70

·       Immediate resistance is at 11488.60. There will be another wave of rise over 11488.60 to 11531.80 and 11613.70.

·       Corrections upto 11360.10 will be apart of the ongoing bull rally.

·       Momentum is bullish. Look for signs of correction towards close.

IMF long term growth forecast for India is nothing new. In the long term, stock markets are bullish. Playing a T20 match in stock/indices is not an easy thing. Right now everything is bullish. Tomorrow’s closing is very important from a technical perspective. It remains to be seen how the stock markets react to negative news which at the moment is not there.

MCX CARDAMOM AND MENTHAOIL DAILY REPORT

TECHNICAL VIEW

Cardamom 14^th August 2018: (previous day close/CMP Rs.1100.00)

Support: 1047.20-1064.10-1088.80

Resistance: 1114.20-1123.60-1147.20-1198.10

o      Cardamom needs to trade over 1088.80 to rise to 1147 and 1198.

o      Sellers will be there below 1088.80.

o      Trend is neutral

Mentha Oil 31^st August 2018:  (previous day close/CMP Rs.1605.00)

Support: 1526.70-1547.20-1567.80-1596.10

Resistance: 1616.20-1645.20-1674.60-1736.10

o      There will be another wave of rise over 1616.20 to 1664.60 and 1736.10.

o      Sellers will be there below 1567.80.

o      Trend is bullish.

Nine "O" Clock Currency and Commodity Report : 8th August 2018

Nine “O” Clock Currency Commodity Report

Crude oil fell and is trading below the 100 day moving average. Rest of the metals are steady. Cable fell against the US dollar on hard Brexit fears. US dollar is weaker against the euro and Japanese yen. Bill Gates has opposed Trump trade tariffs saying that it will be ‘scary” for the global economy. Crude oil is fundamentally bearish. Asian demand for crude oil is expected to fall. I am not very bullish on crude oil despite all the scare of supply side pressures. US producer price index numbers tomorrow will tell us whether two interest rate hikes will be there or not. A fall in PPI numbers (if any) can result in a US dollar sell off. If crude oil falls tomorrow in Asian session, then all the Asian currencies will gain against the US dollar.

GOOD NIGHT

Five "O" Clock Currency and Commodity Report : 8th August 2018

Five “O” Clock Currency Commodity Report

Closing prices:

Usd/Inr: 68.6250

Sensex: 37691.89

Nifty: 11450.00

Current rates

Spot Gold: $1211.20

Spot Silver: $15.3650

MCX Gold October: Rs.29610

MCX Silver September: Rs.37921

Nifty continues to close higher every day on the back of global cues. US bond yields will be the key to US dollar. There will be a direct correlation between US dollar Index and US bond yields. Once again today, there is no significant US economic data release. Better to remain on sidelines and trade for small profit today. US weekly crude oil inventory can change the recent consolidation phase of crude oil. Gold and silver are trading with a softer bias in early European session.

Spot Gold and Silver (Hazir) Report : 8th august 2018

PHYSICAL GOLD, SILVER PRICE

Gold

PHYSICAL GOLD PRICE 30373 MCX GOLD OCTOBER PRICE 29643 -- DIFFERENCE 730

PHYSICAL/HAAZIR GOLD BUY PRICE 30196  SELL PRICE 30590

Silver

PHYSICAL SILVER PRICE 38850 MCX SILVER SEPTEMBER PRICE 37950 -- DIFFERENCE 900

PHYSICAL/HAAZIR SILVER BUY PRICE 38490  SELL PRICE 39167

Notes to the above

Price for delhi city

The above are approximate price. Actual may vary.

24 carat is the purity level for both gold and silver.

Mcx Energies and Nifty Report : 8th August 2018

MCX ENERGIES REPORT

Natural gas is looking bullish. Crude oil will break free from 4650-4850 wider trading range and form a new range anytime soon.

TECHNICAL VIEW

Crude oil 20^th August 18: (previous day close/CMP Rs.4762.00)

Bullish over 4760 with 4847 and 4927 as price target.

Bearish below 4739 with 4688 and 4612 price target.

Neutral Zone: 4739-4760

One Support: 4739

One Resistance: 4847

o      Only a break of 4839 will trigger a rise to 5005.

o      Sellers will be there below 4729.

Natural gas 28^th August 18 (previous day close/CMP Rs.198.90):

Bullish over 196.10 with 204.30 and 210.30 as price target.

Bearish below 193.50 with 188.70 as price target.

Neutral Zone: 193.50-196.10

One Support: 196.10

One Resistance: 201.40

o      The next three days till Friday is very crucial for natural gas. It needs to trade over 195 till Friday to rise to 208-212 zone.

o      Sellers will be there only below 195 today.

NIFTY DAILY TECHNICAL REPORT

Current Level: 11399.85

Support: 11285.90-11320.60-11355.70

Resistance: 11418.50-11453.90-11488.30-11520.20

·       Key resistance is at 11453.90. Only a break of 11453.90 will result in a rise to 11520.20 and 11660.

·       Sellers will be there only on a fall below 11355.70.

·       Nifty can move 125 points either side anytime from 11400.

·       Better to remain on the sidelines today.

Sideways range bound trade with a firm bias can be there today also. Lack of negative news on economy or from trade war is supporting Indian stock markets. Uncertainty still prevails in the global financial community over the short term impact on economy.  Trend and closing of Thursday and Friday is crucial from a technical perspective. If nifty floats over 11400 till Friday then chances of 11660 and 11800 will be very high.

Nine "O" Clock Currency and Commodity Report : 7th August 2018

Nine “O” Clock Currency Commodity Report

Metals are steady. US dollar continues to remain weak. US dollar index flirts with 95.00 key level. US dollar Index is trading below 100 week moving average of 95.40. Bitcoin pared some of its losses on chances of Bitcoin ETF being approved by US securities exchange commission over the next few days. Crude oil will break free from $68-$71 trading range and form a new range. The market is like a sleeping volcano. Under Trump financial markets have regained lost volatility. Low risk traders should not leave any open positions for next day (in metals, energies and currencies) both long as well as short. What will happen tomorrow will be a wild guess and nothing else.

GOOD NIGHT

Five "O" Clock Currency and Commodity Report : 7th August 2018

Tuesday, August 07, 2018

TIME: 5:08pm IST          

Five “O” Clock Currency Commodity Report

Closing prices:

Usd/Inr: 68.6750

Sensex: 37691.89

Nifty: 11389.45

Current rates

Spot Gold: $1213.85

Spot Silver: $15.4650

MCX Gold October: Rs.29688

MCX Silver September: Rs.38139

Indian stock indices closed flat on lack of news to rise. There was profit taking on short euro/usd and gbp/usd positions on no new trade war. The rise in Chinese stock markets also resulted in profit taking of long US dollar positions. There is no key US economic data release today. Indian Rupee gained against the US dollar on continued FII buying in stock markets. All I can say is that one should not get caught in sudden one way price moves. Precious are consolidating while industrial metals have risen.

Spot Gold Silver (Haazir ) Report : 7th August 2018

Tuesday, August 07, 2018
3:00pm IST
PHYSICAL GOLD PRICE 30458 MCX GOLD OCTOBER PRICE 29728 — DIFFERENCE 730
PHYSICAL/HAAZIR GOLD BUY PRICE 30230  SELL PRICE 30690
PHYSICAL SILVER PRICE 39084 MCX SILVER SEPTEMBER PRICE 38184 — DIFFERENCE 900
PHYSICAL/HAAZIR SILVER BUY PRICE 38590  SELL PRICE 39367
(PHYSICAL GOLD AND SILVER PRICE ARE FOR DELHI)

Nifty daily report : 7th August 2018

NIFTY DAILY TECHNICAL REPORT

Current Level: 11400.65

Support: 11261.10-11304.20-11323.80-11347.90-11360.60

Resistance: 11426.90-11470.00-11513.10-11552.90

·       Key resistance is at 11470.00 till Friday. There will be another wave of rise only over 11470.00 to 11552.90 and 11686.

·       Sellers will be there only on a fall below 11360.60.

·       Short term bearish trend will be there only if there is daily close below 11304.20 for three consecutive days.

Global factors are dictating the indices. Volatility will rise for the rest of the week. The current bullish trend of nifty is on a shaky foundation. There can be some more rise and then a correction. Use strict trailing stop losses on long positions.

Currency Mentha Oil and Cardamom report : 7th August 2018

Currency Update for Exporters and Importers :7th August 2018  

MCX Cardamom and Mentha Oil Report : 7th August 2018

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manan

9810226906

Nine "O" Clock Currency and Commodity Report : 6th August 2018

Nine "O" Clock Currency and Commodity Report : 6th August 2018         

For other reports and live trading calls please whatsapp 9311139549.

or mail to insigniacommodity@gmail.com

manan

9810226906 

Five "O" Clock Report and Spot Gold Silver Report: 6th August 2018

Monday, August 06, 2018

TIME: 5:01pm IST          

PHYSICAL GOLD PRICE 30385 MCX GOLD OCTOBER PRICE 29660 — DIFFERENCE 725

PHYSICAL/HAAZIR GOLD BUY PRICE 30090  SELL PRICE 30590 (gold haazir will crash only if it trades below 30100 anytime this week)

-

PHYSICAL SILVER PRICE 38879 MCX SILVER SEPTEMBER PRICE 37954 — DIFFERENCE 925

PHYSICAL/HAAZIR SILVER BUY PRICE 38410  SELL PRICE 39313 

(PHYSICAL GOLD AND SILVER PRICE ARE FOR DELHI)

Five “O” Clock Report

Closing prices:

Usd/Inr: 68.8650

Sensex: 37691.89

Nifty: 11387.10

Current rates

Spot Gold: $1209.05

Spot Silver: $15.3250

MCX Gold October: Rs.29650

MCX Silver September: Rs.37905

Indian stock indices closed higher. Global clues are dictating the Indian stock markets. Rupee closed lower against the US dollar as the greenback continues its Friday’s gains into Monday. Momentum for the US dollar is still very bullish. There is no key market moving US economic data release today. It will be a technical trade with news from US-China trade spat the key.

Nifty daily report : 6th August 2018

NIFTY DAILY TECHNICAL REPORT

Current Level: 11421.95

Support: 11285.70-11303.10-11325.60-11360.80

Resistance: 11436.30-11475.90-11511.80

·       Key resistance is at 11436.30. There will be another wave of rise over 11436.30 to 11511.80 and 11545.90.

·       Sellers will be there only on a fall below 11360.80.

Momentum is bullish. FII inflows are positive. Cyclical are moving up the nifty. Sector of investment needs to be chosen carefully, particularly for short term investors. Sharp correction can happen anytime if there is a global rout.

Comex Nymex Weekly Technical Report : 6th August 2018

Comex Nymex Weekly Technical Report : 6th August 2018

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manan

9810226906

Currency Nifty and Mentha Oil Update : 3rd August 2018

Currency Update for Exporters and Importers :3rd August 2018  

MCX Cardamom and Mentha Oil Report : 3rd August 2018

Nifty daily report : 3rd August 2018

You can also download our app for these updates :

Insignia Tips Android App

For other reports and live trading calls please whatsapp 9311139549.

or mail to insigniacommodity@gmail.com

manan

9810226906

Asian Metal Market Update : 2nd August 2018

Asian Metal Market Update : 2nd August 2018

You can also download our app for these updates :

Insignia Tips Android App

For other reports and live trading calls please whatsapp 9311139549.

or mail to insigniacommodity@gmail.com

manan

9810226906

Nifty daily report : 2nd August 2018

NIFTY DAILY TECHNICAL REPORT

Current Level: 11281.40

Support: 11048.20-11119.70-11197.20-11275.80

Resistance: 11346.20-11416.50-11495.20

Weekly View:

·       Sellers will be there below the immediate support of 11275.80 to 11232.30 and 11197.10.

·       Bearish trend will be there only below 11197.10 till tomorrow.

Intraday volatility will rise till Monday due to Trump and his trade war. Global factors will affect the Indian stock indices more than domestic factors. FII inflows continue to be positive.  Trend on Monday close will set the short term direction.

5 O Clock Report : 1st August 2018

Five “O” Clock Report

Highlights of RBI meeting

·       RBI Raises interest rates by 0.25% to 6.50%. Stance neutral.

·       Reverse repo rate also increased by 25 bps to 6.25%

·       April-September GDP growth seen at 7.5%-7.6%

·       FY19 GDP forecast retained at 7.4%

·       Oct-March CPI inflation seen at 4.8%

·       Apr-June, 2019 CPI Inflation Seen At 5%

·       MSP hike can have another round impact on headline CPI

Our View on RBI interest rate hike: There can be one more interest rate hike in December. Consumer price inflation (CPI) will rise faster than the WPI. The government’s headache will begin as the months near central election days. Steady growth and rising inflation will be the RBI’s dilemma.

India’s Nikkei manufacturing purchase managers index fell marginally in July. July and August fall (if any) could be due to cyclical factors.

Imports from Iran is expected to reduce as US sanctions kick in. This will inflate the trade deficit numbers as Iranian crude oil was cheaper than market rates.

US July private ADP numbers needs to come in over 225,000 for  the US dollar to start a rise. FOMC press conference will impact markets only something significant is said on US economy or US interest rate policy.

Euro and UK pound continues to consolidate against the US dollar. Industrial metals fell on renewed Chinese-US trade spat while gold and silver are steady and wait for ADP and FOMC.

Nifty closed flat before the FOMC and after the RBI interest rate hike. Interest rate hike by the RBI should attract positive inflows into the Indian bond markets over the coming months. I have my doubts whether inflation will be controlled by the interest rate rise.

Rupee closed at one the lowest levels in the past few weeks at 68.4050 on widening of interest rate difference due to an interest rate hike.

Currency Update for Exporters and Importers :1st August 2018

Currency Update for Exporters and Importers :1st August 2018  

You can also download our app for these updates :

Insignia Tips Android App

For other reports and live trading calls please whatsapp 9311139549.

or mail to insigniacommodity@gmail.com

manan

9810226906

MCX Cardamom and Mentha Oil Report : 1st August 2018

MCX CARDAMOM AND MENTHAL DAILY REPORT

TECHNICAL VIEW

Cardamom 14^th August 2018: (previous day close/CMP Rs.1132)

Bullish over 1129.30 with 1167.50 and 1185.00 as price target.

Bearish below 1094.90 with 1056.70 and 1018.10 as price target.

Neutral Zone: 1094.90-1129.30

One Support: 1119.30

One Resistance: 1148.50

o      Key resistance is at 1148.60. There will be a technical breakout over 1148.60 to 1185 and 1225.

o      Sellers will be there below 1112.10.

o      Crash point is at 1094.90

Menth Oil 31^st August 2018:  (previous day close/CMP Rs.1542)

Bullish over 1553.00 with 1609.40 and 1665.90 as price target

Bearish below 1529.90 with 1496.50 and 1440.10 as price target.

Neutral Zone: 1529.90-1553

One Support: 1529.90

One Resistance: 1579.90

o      Mentha oil needs to trade over 1526 till tomorrow to rise to 1609.40 and 1665.90.

o      Sell off will be there below 1526.00

NIFTY DAILY TECHNICAL REPORT : Ist August 2018

NIFTY DAILY TECHNICAL REPORT

Current Level: 11374.10

Support: 11149.10-11220.10-11292.20

Resistance: 11420.20-11492.90-11563.90

Weekly View:

·       Key resistance is at 11420.90. Nifty needs to trade over 11420.90 after the RBI meeting to rise to 11563.80 and 11629.30.

·       Intraday bearish trend will be there only if nifty trades below 11292.20 after the RBI meeting.

·       Crash point is at 11220.10

One should look for signs of profit taking on long positions towards the close due to Federal Reserve meeting tomorrow.