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8/6/2019 Share Tips Expert Commodity Report 27042011
1/8
NAME OPEN HIGH LOW CLOSE % CNG
GOLD 21940 21980 21792 21884 -0.47
SILVER 70000 70000 66322 66741 -5.08
GOLD 1506.9 1510.05 1505 1508.4 0.18
SILVER 45.38 46.21 45.38 46.03 1.45
PLATINUM 1800.49 1810.99 1798 1811.49 0.68
NAME OPEN HIGH LOW CLOSE % CNG
CRUDE 4982 5034 4965 4995 -0.16
N.GAS 197.6 201.3 197.6 199.3 0.2
CRUDE 112.15 112.64 111.12 112.21 0.0535
NAME OPEN HIGH LOW CLOSE % CNG
COPPER 421.25 426.8 417.4 424.9 0.71
ZINC 102.1 102.1 99.75 100.75 -1.64
NICKEL 1165.9 1194.8 1154.3 1187.5 1.64
LEAD 112.1 115.65 108.8 115.3 1.78
ALUMINIUM 120.7 122.35 120.25 121.95 0.82
COPPER 9585 9585 9482.5 9500 -0.58 3825
ZINC 2270.5 2293 2270 2274 -0.7 2625
NICKEL 26600 2745 26430 26460 -0.9 396
LEAD 2560 2568.5 2550 2550 -0.58 -125
ALUMINIUM 2737 2568.5 2736.5 2738.75 0.04 -2900
SENSEX NIFTY NASDAQ S&P NYSE DOW JON NIKKEI SHICOM KOREA HKFE $ INDEX
19590.45 5876.2 2396.03 1347.24 8554.99 12595.37 9672.97 2945.78 2210.24 24100.85 73.6
0.23 0.14 0.52 0.9 0.82 0.93 1.17 0.23 0.16 0.41 -0.32
GLOBAL MARKETS UPDATE
Page No. 1www.sharetipsexpert.com
4600175
Strictly for private circulation
COPPER
ZINC
NICKEL
LEAD
ALUMINIUM
460100
816925
118338
304500
Crude oil ended flat recovering its losses as investors
eyed a U.S. Federal Reserve two-day policy meeting for
any signal of a change in monetary policy. Natural gas
ended firm but pared most of its gains amid indications of
decreased demand as forecasts showed milder weather in
the southern U.S. states next week.
BASEMETAL COMPLEX
Base metals ended positive as investors sought bargains
at the lows. Only zinc prices ended in red weighed down
by concerns that rising energy costs could hinder global
growth prospects.
LME STOCK
SPOT $
MCX
LM E
MCX
Daily Commodity Market Update as on Wednesday, April 27, 2011
PRECIOUS METALS COMPLEX
ENERGY COMPLEX
Gold came under pressure from investor uncertainty over
the likely course of U.S. monetary policy. Silver was on
course for its largest one-day fall in six weeks on profit
booking yesterday after having hit a new record highs.SPOT $
MCX
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P.P. 21885
SUP 1 RES 1
21791 21979
SUP 2 RES 2
21697 22073
SUP 3 RES 3
21603 22167
P.P. 67688
SUP 1 RES 1
65375 69053
SUP 2 RES 2
64010 71366
SUP 3 RES 3
61697 72731
MCX
GOLDFUTUR
E
LOW
MCXS
ILVERFUTUR
E
Strictly for private circulation
Silver yesterday also shown its largest one-day fall in six weeks after having hit a 31-year high in
the previous session yesterday market opened with a lower circuit as market came under pressure
from investor uncertainty over the likely course of U.S. monetary policy. High volatility and the
expiry of U.S. silver options added to the intensity of the decline ahead of the outcome of the U.S.
Federal Reserve's policy meeting. The iShares Silver Trust, the world's largest silver-backed
exchange-traded fund, also saw heavy trading, with a record 34.93 million shares trading on Monday
and a further 12.6 million shares changing hands in early trading on Tuesday. Now silver is getting
support at 65375 and below could see a test of 64010 level, And resistance is now likely to be seen
at 69053, a move above could see prices testing 71366.
RE CNG
-3388
INTRADAY LEVELS
66741
% CNG
www.sharetipsexpert.com Page No. 2
OI
11018
CLOSE
INTRADAY LEVELS
136355
-5.08
VOLUME
70000
12065
LOW
21792
22669
OI
% CNG
VOLUME
66322
RE CNG
OPEN
21940
HIGH
21980
OPEN
70000
HIGH
CLOSE
21884
Gold extended losses as investors locked in gains amid caution ahead of the start of a critical Federal
Reserve two-day policy meeting later in the day. The FOMC meeting was to start later on Tuesday
and conclude on Wednesday. Fed chairman was to hold the first news conference ever by a Fed chief
after the two-day policy meeting ended today. Investors will closely watch the meeting's outcome
and the following press conference for clues on the timing of future Fed rate. Despite the pullback,
gold prices were expected to remain well-supported by a weaker dollar, ongoing concerns over
accelerating global inflation, lingering worries over the debt crisis in the euro zone. Now gold is
getting support at 21791 and below could see a test of 21697 level, And resistance is now likely to
be seen at 21979, a move above could see prices testing 22073.
-102
-0.47
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P.P. 4998
SUP 1 RES 1
4962 5031
SUP 2 RES 2
4929 5067
SUP 3 RES 3
4893 5100
P.P. 423.0
SUP 1 RES 1
419.3 428.7
SUP 2 RES 2
413.6 432.4
SUP 3 RES 3
409.9 438.1
MCX
CRUDEFUTURE
OPEN
4982
HIGH
5034
LOW
4965CLOSE
4995
% CNG
-0.16
VOLUME
98785
OI
15186
RE CNG
-8
INTRADAY LEVELSCrude oil traded in the tight range yesterday initially after opening lower market recovered
retreating from a daily low as the U.S. dollar resumed its decline and as the FED was to begin its twoday policy meeting later in the day. The Feds Open Market Committee was to begin its two-day
meeting later in the day. Investors will closely watch the meeting's outcome for clues on the timing
of future Fed rate increases. Fed chairman Ben Bernanke was to hold the first news conference ever
by a Fed chief after the two-day policy meeting. Saudi Arabias state-owned oil company Saudi
Aramco, Khalid al-Falih said that the kingdom was not comfortable with current oil prices and that
it did not see any tightness in global oil supply. Now crude is getting support at 4962 and below
could see a test of 4929 level, And resistance is now likely to be seen at 5031, a move above could
see prices testing 5067.
MCXC
OPPERFUTUR
EOPEN
421.25
HIGH
426.8LOW
417.4
CLOSE
424.9
% CNG
0.71
VOLUME
Copper yesterday traded with the positive node and settled 0.71% up at 424.9, Copper fell in the
earlier session catching up after a long holiday to steep losses in Asian and U.S. markets, but copper
ended higher as investors sought bargains at the lows. Market expected any gains in copper to be
limited ahead of the FEDs policy announcement and Fed Chairman Ben Bernanke's press conference
due on Wednesday. Fed officials continue their two-day policy meeting. Fed seems certain to stick to
its plan to complete a $600 billion bond-buying program in June, and is unlikely to raise interest
rates given an uncertain U.S. economic outlook. For today's session market is looking to take
support at 419.3, a break below could see a test of 413.6 and whereas resistance is now likely to be
seen at 428.7, a move above could see prices testing 432.4.
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88427
OI
13309
RE CNG
3
INTRADAY LEVELS
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P.P. 100.9
SUP 1 RES 1
99.6 102.0
SUP 2 RES 2
98.5 103.2
SUP 3 RES 3
97.3 104.3
P.P. 1179
SUP 1 RES 1
1163 1203
SUP 2 RES 2
1138 1219
SUP 3 RES 3
1122 1244
MCX
ZINCFUTUR
E
OPEN
102.1
HIGH
102.1
LOW
99.75CLOSE
100.75
% CNG
-1.64
VOLUME
24801
OI
8144
RE CNG
-1.65
INTRADAY LEVELS
Zinc yesterday traded with the negative node and settled -1.64% down at 100.75 tracking LME zinc
prices opened low and moved lower, with prices once falling to USD 2,249/mt and then rallying later.
Market players were cautious ahead of the meeting on interest rates by the US Federal Reserve
(Fed). In this context, LME zinc prices fluctuated between USD 2,260-2,280/mt, and finally closed at
USD 2,270/mt, down USD 95.5/mt. For today's session market is looking to take support at 99.6, a
break below could see a test of 98.5 and whereas resistance is now likely to be seen at 102, a move
above could see prices testing 103.2.
MCXN
ICKELFUTUR
EOPEN
1166
HIGH
1195LOW
1154
CLOSE
1187.5
% CNG
1.64
VOLUME
39142
OI
4546
RE CNG
19.5
INTRADAY LEVELSNickel yesterday traded with the positive node and settled 1.64% up at 1187.5. Initially in the
morning session nickel traded weak as LME nickel for delivery in three months opened at USD
26,510/mt and closed at USD 26,700/mt, down by USD 190/mt from a day earlier, with the highest
price at USD 26,845/mt and the lowest price at USD 25,850/mt. LME nickel prices plummeted during
the early trading hours on Tuesday and hit a low of USD 25,850/mt. But prices later rebounded from
weaker US dollar and better-than-expected consumer confidence index from the US, with prices
gradually paring early losses. For today's session market is looking to take support at 1162.9, a
break below could see a test of 1138.4 and whereas resistance is now likely to be seen at 1203.4, a
move above could see prices testing 1219.4.
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8/6/2019 Share Tips Expert Commodity Report 27042011
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P.P. 121.5
SUP 1 RES 1
120.7 122.8
SUP 2 RES 2
119.4 123.6
SUP 3 RES 3
118.6 124.9
P.P. 199.4
SUP 1 RES 1
197.5 201.2
SUP 2 RES 2
195.7 203.1
SUP 3 RES 3
193.8 204.9
MCXALUMINIUMFU
TUR
OPEN
120.7
HIGH
122.35
1
LOW
120.25CLOSE
121.95
% CNG
0.82
MCXNA
T.G
AS
FUTURE
OPEN
197.6
HIGH
201.3
% CNG
VOLUME
12683
INTRADAY LEVELSAluminium yesterday traded with the positive node and settled 0.82% up at 121.95, but yesteday
SHFE aluminum contract prices opened lower at RMB 16,655/mt tracking LME aluminum prices, withprices meeting resistance at RMB 16,700/mt. In the afternoon, SHFE aluminum prices rose to RMB
16,700/mt along with the rallying LME aluminum prices, and finally closed at RMB 16,755/mt, up
RMB 30/mt, or up 0.18%. SHFE 1106 aluminum contract prices opened low but moved higher
following LME aluminum prices, with prices expected to rise to RMB 16,800/mt in the near term. In
east China, spot aluminum was traded between RMB 16,570-16,600/mt, with discounts of RMB 40-
10/mt against SHFE spot-month aluminum contract prices. In the morning, SHFE spot-month
aluminum contract prices resisted declines and fluctuated narrowly around RMB 16,600/mt, while
spot aluminum prices failed to rise due to limited demand. For today's session market is looking to
0.4
INTRADAY LEVELSNatural gas ended firm but pared most of its gains amid indications of decreased demand as
forecasts showed milder weather in the southern U.S. states next week. The Commodity Weather
Group said that it now expected normal or slightly below-normal temperatures in the southern U.S.
states from April 28 through May 3. Weather forecasts had previously called for warmer-than-normal
temperatures during that period. The industry group added that warmer air will probably be absent
across most of the U.S. through May 10. In yesterday's trading session natural gas has touched the
low of 193.2 after opening at 194.2, and finally settled at 195.2. For today's session market is
looking to take support at 193.4, a break below could see a test of 191.6 and where as resistance is
now likely to be seen at 196.8, a move above could see prices testing 198.4.
Page No. 5
6204
RE CNG
LOW
OI
VOLUME
5669
197.6
CLOSE
199.3
0.2
OI
3379
RE CNG
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8/6/2019 Share Tips Expert Commodity Report 27042011
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MONTH RATE JUNE AUG OCT MONTH RATE MAY JULY SEPT
JUNE 21884 268 640 MAY 66741 530 1025
AUG 22152 372 JULY 67271 495OCT 22524 SEPT 67766
MONTH RATE MAY JUNE JULY MONTH RATE APRIL JUNE
MAY 4995 52 105 APRIL 424.9 7.05
JUNE 5047 53 JUNE 431.95
JULY 5100
MONTH RATE APRIL MAY MONTH RATE APRIL MAY
APRIL 100.75 1.35 APRIL 1187.5 10
MAY 102.1 MAY 1197.5
MONTH RATE MAY JUNE MONTH RATE MAY JUNE
MAY 199.3 5 MAY 1065.2 -106.1
JUNE 204.3 JUNE 959.1
Spread between natural gas MAY & JUN contracts
yesterday ended at 5.00, we have seen yesterday that the
natural gas market had traded with a positive node and
settled 0.2% up. Spread yesterday traded in the range of4.3 - 5.
Spread between menthol oil MAY & JUN contracts
yesterday ended at -106.10, we have seen yesterday that
the menthol oil market had traded with a positive node
and settled 1.8% up. Spread yesterday traded in therange of -106.1 to -80.
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Spread between copper APR & JUN contracts yesterday
ended at 7.05, we have seen yesterday that the copper
market had traded with a positive node and settled
0.71% up. Spread yesterday traded in the range of 6.25 -
8.25.
Spread between zinc APR & MAY contracts yesterday
ended at 1.35, we have seen yesterday that the zincmarket had traded with a negative node and settled -
1.64% down. Spread yesterday traded in the range of 0.9
2.
Spread between nickel APR & MAY contracts yesterday
ended at 10.00, we have seen yesterday that the nickelmarket had traded with a positive node and settled
1.64% up. Spread yesterday traded in the range of 8.10 -
13.7.
DAILY SPR EAD IN NI CKEL - MCX
DAILY SPREAD IN N AT. GAS - MCX
Spread between Gold JUN & AUG contracts yesterday
ended at 268, we have seen yesterday that the gold
market had traded with a negative node and settled -
0.47% down. Spread yesterday traded in the range of 211
- 271.
DAILY SPREA D IN COPPER - MCX
DAILY SPR EAD IN MENTHOL - MCX
ACTIVE SPREAD UPDATE
DAILY SPR EAD IN ZINC - MCX
DAILY SPREAD IN CRUDE - MCX
DAILY SPREAD IN GOLD - MCX DAILY SPREAD IN SILVER - MCX
SPREADMARKET
Spread between Silver MAY & JUL contracts yesterday
ended at 530, we have seen yesterday that the silver
market had traded with a negative node and settled -
5.08% down. Spread yesterday traded in the range of
530 - 618.
Spread between crude APR & MAY contracts yesterday
ended at 52, we have seen yesterday that the crude
market had traded with a negative node and settled -
0.16% down. Spread yesterday traded in the range of 43
53.
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DAY TIME CURRENCY Fo re cast P re viou s
11:30am EUR 5.9 5.9
All Day EUR 0.002 0.005
2:30pm EUR 0.013 0.012
6:00pm USD 0.017 -0.0036:00pm USD 0.021 -0.006
8:00pm USD 1.4M -2.3M
10:00pm USD 0 0
10:00pm USD
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company nor its employees are responsible for the trading Profit(es) & loss(es) arising due to the trader. The commodities and
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