AB
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Aluminium Trend Update
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Trend updated for-Dec/20/2024.CMP-241 The Aluminium is in long- term bull
phase .Currently Aluminium is in strong downtrend with good momentum and
the trend is supported with good volume The open interest is not increasing
with trend . Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Aluminium is in *SELL*
position.Positionally Support for the Aluminium is 238-233-.Resistance for
the Aluminium is 243-244-245-246-Short term and Intraday Level of ALUMINIUMCurrently
Aluminium is in *SELL* position The Aluminium is in downtrend For short
term buy only if close above 243.0 The Aluminium is now trading in highly
oversold level. The oscillator is showing SELL signal
*Intraday Trend*- Buy is advised only above 242.5 with a stop at 240.4
Below 240 go for sell and put stop at 242.1
Intraday Resistance of ALUMINIUM are 242 : 242.7 : 249.1 : 252.4 : 257 :
261.7 : 265.1 : 268.5
Intraday Support of ALUMINIUM are 240.5 : 239.8 : 233.5 : 230.4 : 226 :
221.6 : 218.5 : 215.5
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Copper Trend Update
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Trend updated for-Dec/20/2024.CMP-797 Overall trend of the Copper is
bearish for medium-long term .Currently Copper is in strong downtrend with
good momentum and the trend is supported with good volume The open interest
is not increasing with trend . Noting point is selling at lower levels
seems decreasing. The oscillator is showing SELL signal For short term
Copper is in *SELL* position.Positionally Immediate support for Copper is
793.Resistance for the Copper is 815-819-820-821-822-Short term and
Intraday Level of COPPERCurrently Copper is in *HOLD SHORT * position The
Copper is in downtrend For short term buy only if close above 809.0 The
Copper is now trading in highly oversold level. The oscillator is showing
SELL signal
*Intraday Trend*- Buy is advised above 805.2 with a stop at 791.7 Below
788.3 go for sell
Intraday Resistance of COPPER are 800.2 : 803.1 : 810.9 : 816.9 : 825.2 :
833.6 : 839.7 : 845.7
Intraday Support of COPPER are 793.3 : 790.4 : 782.7 : 776.9 : 768.8 :
760.7 : 755 : 749.3
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Crude Oil Trend Update
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Trend updated for-Dec/20/2024.CMP-5933 Overall trend of the Crudeoil is
bearish for medium-long term .Currently Crudeoil is in strong uptrend and
the trend is supported with good volume The open interest is not increasing
with trend . Cautious point is buying at higer levels seems decreasing. The
oscillator is showing BUY signal For short term The current position is *BUY
* .Positionally Support for the Crudeoil is
5898-5889-5879-5869-5846-.Resistance for the Crudeoil is 6032-Short term
and Intraday Level of CRUDEOILCurrently Crudeoil is in *HOLD SHORT *
position Crudeoil is in down trend so buy above 6026.0 The sell will again
come if below 5878.0 The oscillator is showing SELL signal
*Intraday Trend*- Buy is advised above 6005.3 with a stop at 5891 Below
5861 go for sell
Intraday Resistance of CRUDEOIL are 5993.3 : 6043.4 : 6049.1 : 6065.3
Intraday Support of CRUDEOIL are 5872.7 : 5822.6 : 5818 : 5802.2
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Gold Trend Update
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Trend updated for-Dec/20/2024.CMP-75651 The Gold is in long- term bull
phase .Currently Gold is showing some down move and trend is strong but
volume is unsatisfactory The open interest is not increasing with trend ..
The Gold is now trading in overbought level. The Gold is now trading in
overbought level. The oscillator is showing SELL signal For short term Gold
is in *HOLD SHORT * position.Positionally Support for the Gold is
74361-.Resistance for the Gold is 76237-76732-77193-77223-77588-Short term
and Intraday Level of GOLDCurrently Gold is in *SELL* position The Gold is
in downtrend For short term buy only if close above 76882.0 The Gold is now
trading in highly oversold level. The oscillator is showing SELL signal
*Intraday Trend*- Buy is advised above 76457.7 with a stop at 75173.3 Below
74846.9 go for sell
Intraday Resistance of GOLD are 76193.9 : 76644.5 : 76064.1 : 76121.5
Intraday Support of GOLD are 75108.1 : 74657.5 : 75239 : 75181.9
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Lead Trend Update
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Trend updated for-Dec/20/2024.CMP-176 Overall trend of the Lead is bearish
for medium-long term.Currently Lead is showing some down move and trend is
strong momentum is also showing strength and supported with good volume The
open interest is not increasing with trend . Caution note selling at lower
levels seems decreasing. The oscillator is showing SELL signal For short
term Lead is in *HOLD SHORT * position and closed below 3 week low with
volume signals down breakout.Positionally Immediate support for Lead is
174.Resistance for the Lead is 180-181-182-184-Short term and Intraday
Level of LEADLead and closed below 1 week low with volume signals down
breakoutCurrently Lead is in *HOLD SHORT * position Lead has formed a new 5
day low yesterday but failed to keep the trend so if selling has to
considered better below174.6 Buy if above 179.8 The Lead is now trading is
approaching oversold level. The oscillator is showing SELL signal
*Intraday Trend*- Buy is advised above 178.4 with a stop at 175.4 Below
174.6 go for sell
Intraday Resistance of LEAD are 177.9 : 179.1 : 183.2 : 186 : 190 : 194.1 :
197 : 199.9
Intraday Support of LEAD are 175.1 : 173.9 : 169.9 : 167.2 : 163.5 : 159.8
: 157.1 : 154.5
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Natural Gas Trend Update
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Trend updated for-Dec/20/2024.CMP-299 The Naturalgas is in perfect uptrend
.Currently Naturalgas is in strong uptrend and the trend is supported with
good volume The open interest is not increasing with trend . Cautious point
is buying at higer levels seems decreasing. The oscillator is showing BUY
signal For short term Naturalgas is in *HOLD LONG * position.Positionally
Support for the Naturalgas is 279-274-272-246-235-220-. Immediate
resistance for Naturalgas is 304Short term and Intraday Level of NATURALGASCurrently
Naturalgas is in *HOLD LONG * position Naturalgas is in sideways so for
short term better buy above 309.6 or hold with stop at 262.9 The next
resistance will be at 303.3 The oscillator is showing BUY signal
*Intraday Trend*- Buy if open above 304.7 with a stop at 293.7 Strong Buy
above 309.6 Below 288.9 go for sell or sell if open below293.7
Intraday Resistance of NATURALGAS are 302.8 : 306.4 : 312.4 : 316.7 : 322 :
325.7 : 329.5
Intraday Support of NATURALGAS are 295.6 : 292 : 286 : 282.2 : 277.3 :
273.8 : 270.4
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Nickel Trend Update
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Trend updated for-Dec/20/2024.CMP-2450 The Nickel is in perfect uptrend
.Currently Nickel is in strong uptrend but volume is unsatisfactory The
open interest is not increasing with trend .. The Nickel is now trading in
overbought level. The oscillator is showing BUY signal For short term
Nickel is in *HOLD LONG * position.Positionally Support for the Nickel is
2304-2204-2177-2166-2093-2029-. Immediate resistance for Nickel is 2506Short
term and Intraday Level of NICKELCurrently Nickel is in *HOLD LONG *
position The Nickel was in downtrend but yesterday market closed in
confusion so book short if any or hold with tight stop at 2428.0 If trades
and sustain above 2455.0 it is a covering signal The oscillator is showing
BUY signal
*Intraday Trend*-The Nickel closed in a confusion manner So sell for
intraday Only below 2403 with a stop at 2476 If opens above 2476 or trade
above 2497.2 go for buy with stop at 2424.1
Intraday Resistance of NICKEL are 2455.5 : 2460 : 2485.2 : 2499.7 : 2514.3
: 2524.8 : 2535.3
Intraday Support of NICKEL are 2444.5 : 2440 : 2415.1 : 2400.8 : 2386.5 :
2376.3 : 2366.2
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Silver Trend Update
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Trend updated for-Dec/20/2024.CMP-87187 Overall trend of the Silver is
bearish for medium-long term.Currently Silver is showing some down move and
trend is strong momentum is also showing strength and supported with good
volume The open interest is not increasing with trend . Caution note
selling at lower levels seems decreasing. The oscillator is showing SELL
signal For short term Silver is in *HOLD SHORT * position and Silver closed
below 1 week low with volume signals down breakout.Positionally Immediate
support for Silver is 86308.Resistance for the Silver is
89407-90948-91563-91878-92579-92592-Short term and Intraday Level of SILVERSilver
and closed below 1 week low with volume signals down breakoutCurrently
Silver is in *HOLD SHORT * position The Silver is in downtrend For short
term buy only if close above 90527.0 The Silver is now trading in highly
oversold level. The oscillator is showing SELL signal
*Intraday Trend*- Buy is advised above 89413.5 with a stop at 85990.7 Below
84968.7 go for sell
Intraday Resistance of SILVER are 87969.1 : 88751.2 : 90049.5 : 87630.5 :
87692.1
Intraday Support of SILVER are 86404.9 : 85622.8 : 84324.5 : 86744.7 :
86683.4
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Zinc Trend Update
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Trend updated for-Dec/20/2024.CMP-279 The Zinc is in long- term bull phase
.Currently Zinc is in strong downtrend with good momentum and the trend is
supported with good volume The open interest is not increasing with trend .
Noting point is selling at lower levels seems decreasing. The oscillator is
showing SELL signal For short term Zinc is in *SELL* position.Positionally
Support for the Zinc is 274-.Resistance for the Zinc is 281-286-288-Short
term and Intraday Level of ZINCCurrently Zinc is in *HOLD SHORT * position
The Zinc is in downtrend For short term buy only if close above 284.0 The
oscillator is showing SELL signal
*Intraday Trend*- Buy is advised above 281.4 with a stop at 277.2 Below
276.2 go for sell
Intraday Resistance of ZINC are 280.5 : 281.9 : 287.2 : 290.7 : 295.7 :
300.8 : 304.4 : 308
Intraday Support of ZINC are 277.1 : 275.7 : 270.5 : 267.1 : 262.4 : 257.7
: 254.3 : 251