Market Update

Market Watch

Thursday 12 May 2016

BULLION & ENERGY OUTLOOK & FREE TIPS FOR 12 MAY 2016



Bullion: Gold prices to trade sideways after some pull back in US dollar index. Gold offs lows of last week and trade near Rs 30000 in MCX. Appetite for gold appeared to have eased after the metal failed to convincingly breach the $1,300 resistance level last week. For More Information visit


           
COMMODITY
S2
S1
R1
R2
TREND
RANGE
Gold
29600
29800
29935
30080
SIDEWAYS
29700-30080
Silver
40400
40800
41600
41900
SIDEWAYS
40700-41500

Energy: Oil prices rallied yesterday after data revealed an unexpected drop in US crude inventories. The US Department of Energy (DoE) today said the country's commercial crude stockpiles slid by 3.4 million barrels last week. Analysts' consensus had been for a rise of 750,000 barrels. Crude oil may trade flat to positive on morning session.
"Outlook: BUY CRUDEOIL BETWEEN 3020-3030 TGT 3090-3140 SL 2990"
COMMODITY
S2
S1
R1
R2
TREND
RANGE
Crude oil
2970
3030
3080
3140
BULLISH
3020-3150
          Cruid Oil View
             



10 comments:

  1. Get accurate Forex Tips by Epic Research and trade without risk in the forex market, you can also know about the current market.

    ReplyDelete
  2. TODAYS PROFIT SUMMARY : HNI HINDALCO 135 PUT 10500 ASHOKLEY 95 PUT(EXIT AT COST)


    Nifty Tips | Nifty Future Tips

    ReplyDelete
  3. Thanks for contributing your important time to post such an interesting & useful collection. It would be knowledgeable & resources are always of great need to everyone. Please keep continue sharing.
    Commodity tips

    ReplyDelete
  4. • Aurobindo Pharma receives Form 483 with 6 observations.
    • Godrej Properties by selling office assets, to raise Rs 1,500  crore.
    • ITC aims to become leader in packaged-foods industry.
    CapitalStars

    ReplyDelete
  5. The gold metal fell 1.6 percent on this Monday in its leading one day percentage fall since 11th Sept, as the dollar gained in the middle of the German political chaos that left Chancellor Angela Merkel’ prospects of the serving a fourth period in doubt.
    Free MCX Tips

    ReplyDelete
  6. Crude oil may open with sideways bias as investors will eye the outcome of OPEC meeting ending tomorrow. Capitalstars

    ReplyDelete
  7. All of your blogs are up to date, i appreciate your work. Keep going and update us with your latest and fresh blogs.
    best stock advice
    stock call put
    intraday cash tips

    ReplyDelete
  8. Trade India Research
    This type of commodity tips is very useful for mcx traders who want to making money in stock market.

    ReplyDelete
  9. I Found this blog very informative. keep writing.

    Free Trading Tips

    ReplyDelete
  10. inbound call center process provider2 March 2022 at 15:25

    Thank you, for getting something new and saluting the irrationality of this story, hopefully it will be useful, so that this life is more useful and useful for others.inbound call center process provider


    ReplyDelete