GIVE MISS CALL ON :- +91 99774 99927

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 25 JUNE 2019

Commodities-Market-1

Energy Preview: Crude Oil Speculative Longs Increase Impressively June 25,2019
Large energy speculators increased their bullish net positions in the WTI Crude Oil futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 363,087 contracts in the data reported through Tuesday June 18th. This was a weekly rise of 11,432 net contracts

Precious Metals Preview: COMEX Gold Propels Near Six Year High June 25,2019 
Gold saw excellent gains on stress in global markets and worries over rising crude oil. Traders maintain caution ahead of this week’s G20 meeting. COMEX Gold also eyed geopolitical worries, weak US dollar and tepid economic data. The US President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to media reports .COMEX Gold futures are currently trading at $1435 per ounce, up 1.12% on the day – surging near six year high. The counter soared 1.3% on the day yesterday. MCX Gold futures closed at Rs 34475 per 10 grams, up 0.90% on the day as strength in Indian Rupee capped gains. INR jumped 23 paise to end around 69.35 per US dollar.

Base Metals Preview: Copper Speculators Cut Bearish Bets June 25,2019 08:51
Large base metals speculators trimmed bearish net positions in the Copper futures markets last week after a streak of rising bearish bets, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of -23,952 contracts in the data reported through Tuesday June 18th.

Precious Metal
CS GOLD (AUG) OVERVIEW:
TREND : BULLISH
RESIST 2: 34600
RESIST 1: 34500
SUP 1: 34300
SUP 2: 34100

CS SILVER (JUL) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 38300
RESIST 1: 38200
SUP 1: 37900
SUP 2: 37800

Base Metals
CS COPPER (JUN) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 420.00
RESIST 1: 417.00
SUP 1: 412.00
SUP 2: 409.00

CS NICKEL (JUN) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 892.00
RESIST 1: 886.00
SUP 1: 875.00
SUP 2: 869.00

CS ZINC (JUN) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 204.00
RESIST 1: 202.00
SUP 1: 199.00
SUP 2: 197.00

CS LEAD (JUN) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 158.00
RESIST 1: 156.00
SUP 1: 152.00
SUP 2: 149.00

CS ALUMINIUM (JUN) OVERVIEW:
TREND : BEARISH
RESIST 2: 144.00
RESIST 1: 143.00
SUP 1: 140.00
SUP 2: 138.00

Energy
CS CRUDE OIL (JUL) OVERVIEW:
TREND : BULLISH
RESIST 2: 4120
RESIST 1:4060
SUP 1: 3940
SUP 2: 3890

CS NATURAL GAS (JUN) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 165.00
RESIST 1: 162.00
SUP 1: 155.00
SUP 2: 150.00

CapitalStars Provides  Free Trial To Our Client…

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future cperformance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Leave a Reply

Checking...

Ouch! There was a server error.
Retry »

Sending message...

FREE TRIAL REQUEST


CapitalStars FORUM