20 dec 2019 - jiffy · 12/20/2019 · 200 days sma’s, which signals positive momentum in the...
TRANSCRIPT
20th Dec 2019
Bullion Gold
Silver
Base Metal
Copper
Zinc
Lead
Aluminium
Nickel
Energy Crude Oil
Natural Gas
Agro RM Seed
Soybean
Others Rubber
Diamond
Aaj Ka Trend
Silver Mar
CMP 44669
Trend Bullish
Potential Price 44900/45200
Reversal Price 44350
On the daily chart, the price has closed in positive note during the last session.
Moreover, the price has shifted above the falling trend line, which adds support in the counter.
Furthermore, the price has pulled back from the lower Bollinger Band and sustained above the 21 days SMA’s, which indicates bullish sentiments in the counter.
Additionally, RSI(14) has shown positive crossover, which suggests bullishness in the prices for the near term.
As per the above technical structure; we expect a bullish move in the counter.
On the daily chart, the price has closed on a positive note and gained 0.26% during the last session.
Moreover, the price has pulled back from the lower Bollinger Band, which adds positive indication in the counter.
Furthermore, the price has sustained above 200 days SMA’s, which signals positive momentum in the counter.
Additionally, RSI(14) has shown positive crossover, which support in the counter for the near term.
As per the above technical structure; we expect a bullish move in the counter.
Gold Feb
CMP 38010
Trend Bullish
Potential Price 38100/38200
Reversal Price 37880
S3 S2 S1 Pivot R1 R2 R3
Gold 37721 37791 37922 37992 38123 38193 38463
Silver 43920 44092 44402 44574 44884 45056 45709
Aaj Ka Trend
Nickel Dec
CMP 1030
Trend Bullish
Potential Price 1036/1042
Reversal Price 1022
On the daily chart, the price glittered 1.81% during the last session.
Moreover, the price has sustained above the median of the Bollinger Band, which signifies bullish power in the counter.
Additionally, momentum indicator RSI(14) has shown a positive crossover which signals bullishness.
Similarly, the price has been above the falling trend line, which signals power in the hands of the bulls
As per the above technical structure; we expect bullish move in the counter.
On the daily chart, the price closed with positive note and gained 0.18% during the last session.
Moreover, the price has been trading above it’s upward sloping trend line, which confirms bullish power in the counter.
Furthermore, the price has sustained above the 200 day's SMA, which indicates control in the hands of the bulls.
Additionally, momentum indicator RSI(14) has been moving above the level 50, which indicates bullish movement.
As per the above technical structure; we expect bullish move in the counter.
Copper Dec
CMP 444.50
Trend Bullish
Potential Price 446/447.50
Reversal Price 442
S3 S2 S1 Pivot R1 R2 R3
Copper 439 440 443 444 446 448 452
Nickel 995 1003 1018 1026 1041 1049 1080
Aaj Ka Trend
Natural Gas Dec
CMP 161
Trend Bearish
Potential Price 159/157
Reversal Price 164
Natural Gas price slipped 0.56% in the previous session.
Moreover, the price has shifted below 78.60% Retracement level, which indicates that bearish trend may remain continue.
Furthermore, the price has sustained below the rising trend line, which adds negative strength in the counter.
Additionally, the price has been trading below the 50*200 days SMA’s, which signifies bearish strength in the counter. As per the above technical structure; we expect bearish move in the counter.
On the daily chart, the price glittered 0.39% in the last session.
Moreover, the price has been trading above its Parabolic SAR, which indicates bullishness in the counter.
Furthermore, the price has also sustained above the 200 SMA which suggest rising prices.
Additionally, momentum indicator RSI(14) has shown a positive crossover which signals bullishness.
As per the above technical structure; we expect bullish move in the counter.
Crude Oil Dec
CMP 4362
Trend Bullish
Potential Price 4380/4400
Reversal Price 4222
S3 S2 S1 Pivot R1 R2 R3
Crude Oil 4267 4290 4326 4349 4385 4408 4490
Natural Gas 154 157 159 161 164 166 173
Aaj Ka Trend
Soybean Jan
CMP 4348
Trend Bullish
Potential Price 4365/4390
Reversal Price 4310
On the daily chart, the price closed in a positive note in the last session.
Moreover, the price has sustained above the Bollinger Band median line, which signifies bullish power in the counter.
Furthermore, the price has been trading above the 21*50 days SMA’s, which indicates bullish strength in the counter.
Momentum indicators MACD has been moving with positive crossover, which indicates control in the hands of the bulls.
As per the above technical structure; we expect bullish move in the counter.
On the daily chart, the price closed in a positive note in the last session.
Moreover, the price has been taking the support of the Bollinger Band median line, which signals bullish strength in the counter in the near term.
It has also sustained above its 21*50 days SMA’s, which suggests rising prices.
Momentum indicator RSI (14) has decisively sustained above the 50 level upward, which indicates control in the hands of the bulls.
As per the above technical structure; we expect positive move in the counter.
RM Seed Jan
CMP 4586
Trend Bullish
Potential Price 4630/4670
Reversal Price 4520
S3 S2 S1 Pivot R1 R2 R3
RMSeed 4498 4518 4552 4572 4606 4626 4700
Soybean 4211 4241 4295 4325 4379 4409 4524
Aaj Ka Trend
Diamond 1CT Jan.
CMP 3558.85
Trend Bearish
Potential Price 3552/3548
Reversal Price 3565
On the daily chart, the price closed in a positive note during the last session. But, It has sustained below the 21*50 days SMA’s and Parabolic SAR, which signifies power to the bears.
Furthermore, momentum indicator MACD has breached below the zero level which is negative for the counter. Momentum indicator RSI has crossed below 50 level, which indicates bearishness.
As per the above technical structure; we expect bearish move in the counter.
On the daily chart, the price closed in a negative note during the previous session.
However, the price is trading above the median of the Bollinger Band.
Moreover, It has also sustained above the 21*50 days SMA’s and Parabolic Sar, which provides the counter with support.
Momentum indicators RSI(14) has sustained above the 50 level, which could provide strength in the near term.
As per the above technical structure; we expect bullish move in the counter.
Rubber Jan
CMP 13326
Trend Bullish
Potential Price 13480/13650
Reversal Price 13250
S3 S2 S1 Pivot R1 R2 R3
Rubber 13135 13178 13254 13297 13373 13416 13578
Diamond 3535 3541 3551 3557 3567 3573 3595
Aaj Ka Trend
Economic Calendar
Time Data Prior Expected 07:00PM Final GDP q/q 2.1 2.1
07:00PM Final GDP Price Index q/q 1.8% 1.8%
07:00PM Core PCE Price Index m/m 0.1% 0.1%
08:30PM Personal Spending m/m 0.4% 0.3%
08:30PM Personal Income m/m 0.3% 0.0%
09:00PM Revised UoM Consumer Sentiment 99.9 99.2
COMEX/NYMEX/ICE(Precious Metals & Energy)
Commodity Current Price
Gold 1481.85
Silver 17.087
Crude Oil WTI 61.09
Brent Crude Oil 66.59
Natural Gas 2.292
Currency & Commodity Index
Currency (Spot) Current Price
USD / INR 71.18
Dollar Index 97.035
EUR / USD 1.1115
CRB Index* 185.13
LME (Base Metals ) ($ Per Tones)
Commodity Closing Price
Copper 6211
Aluminum 1799.50
Zinc 2328
Lead 1918.25
Nickel 14227.50
SHFE (Base Metals) (Yuan Per Tones)
Commodity Current Price
Copper 49310
Aluminum 14190
Zinc 18135
Lead 15070
*Closing as on 19.12.19
International Market
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Aaj Ka Trend
S3 S2 S1 Pivot R1 R2 R3
Copper 439 440 443 444 446 448 452
Aluminium 133 133 134 134 135 135 136
Lead 152 153 153 153 154 154 155
Nickel 995 1003 1018 1026 1041 1049 1080
Zinc 182 183 183 183 184 184 185
Natural Gas 154 157 159 161 164 166 173
RM Seed 4498 4518 4552 4572 4606 4626 4700
Soybean 4211 4241 4295 4325 4379 4409 4524
RSO 866 874 890 898 914 922 954
Jeera 15443 15582 15768 15907 16093 16232 16695
TMC 6055 6113 6177 6235 6299 6357 6536
Guar Seed 4008 4048 4122 4162 4236 4276 4430
Dhaniya 6247 6293 6347 6393 6447 6493 6640
Castor Seed 4285 4309 4347 4371 4409 4433 4518
Pivot Table