Author: Chandni

WEEKLY MARKET SUMMARY Global stocks are set for the second week of losses as domestic equity markets ended around half percent lower for the week ended February 18 amid volatility and weak global cues. Benchmarks largely traded range-bound as developments related to the Russia – Ukraine crisis kept the markets in check throughout this week, barring a couple of sessions. The last three days of the movement in the index indicate caution among the participants due to uncertainty around the Russia-Ukraine tension. We feel it will end soon and any favorable development over the weekend may result in…

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MCX Commodities Major Support and Resistance levels for 18th Feb 2022 Major support and resistance levels of  – Gold, Silver, Copper, Nickel, Aluminium, Lead, Zinc, Crude, and Natural Gas. Trade with levels only. For any query call your RM. Above FREE Information is only for knowledge and education purposes. Kindly read disclaimer on our website before trading / investing.

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Indian Stock Markets traded volatile in yet another session on weekly expiry day and ended marginally lower. After the initial fall, the benchmark tried to inch higher however profit-taking in the final hours erased all the gains and pushed the index lower given the uncertainties surrounding because of the geopolitical tensions between Russia and Ukraine. Continued FII selling in the domestic market instilled cautiousness in investors. The overall market breadth stood weak on the BSE as 1,312 shares advanced while 2,055 declined. Trading in a current scenario without expert advice is not recommended, sitting on cash and…

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Technical Levels of Major MCX Commodities for evening session ahead!   Today Evening Major US Economic Data  07:00 PM : Philly Fed Manufacturing Index, Unemployment Claims, Building Permits, Housing Starts 09:00 PM : Natural Gas Storage 09:30 PM : FOMC Member Bullard Speaks Gold   MCX Gold has support at 49900 and resistance 50200. Break and sustain below 49900 will take it to the next support level of 49750…49600 and sustainable trade above 50200 can see further upside move towards the next resistance level of 50350…50500.   Silver    Silver has support at 63400 while resistance…

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Stock Markets traded volatile for yet another session and ended marginally lower. After the initial fall, the benchmark indices tried to inch higher however profit-taking in the final hours erased all the gains and pushed the index closer to the day’s low. Finally, Nifty 50 ended the session down 30.25 points to settle around 17,322 levels. Markets are currently dancing to the global tunes and we don’t see this changing anytime soon. The US Fed meeting minutes and lingering tension over the Russia-Ukraine crisis will remain on the radar. Besides, the scheduled weekly expiry would…

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Yesterday, Indian Stock Market rebounded sharply after Monday’s sell-off and managed to gain nearly 3%. After the initial uptick, the benchmark indices Nifty, Sensex and Bank Nifty inched lower in the first hour but the news of that some of the Russian troops are being pulled out from the Ukraine border lifted sentiment as the day progressed. The rally was largely driven by healthy buying in sectors such as Auto, IT, and Banking stocks. However, the US rate hike and rising inflation could continue to keep investors on the edge and the markets may remain volatile.   Market…

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MCX Commodities Major Support and Resistance levels for 15th Feb 2022 Major support and resistance levels of  – Gold, Silver, Copper, Nickel, Aluminium, Lead, Zinc, Crude, and Natural Gas.   Trade with levels only. For any query call your RM.     We are a SEBI registered investment advisor. The above free information is for education/knowledge purposes. Read disclaimer on our website before investing.

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Yesterday Dalal Street witnessed blood bath. Both Sensex and Nifty down more than 3%. PSU Banks stocks hits worst. The sell-off was mainly on account of Russia-Ukraine tension. Almost all major indexes across the globe were in the red. The sharp surge in crude oil prices and the dollar index is another negative trigger for emerging markets like India. Investors are advised to keep strict stop loss considering the volatility in the markets. Also, buy on dips is suggested but investors should plan their position keeping adequate liquidity. Nifty (down 3.06%) – Open 17076.15, High…

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Technical Levels of Major MCX Commodities MAJOR ECONOMIC DATA FOR THE DAY No Major Economic Data for the Day. Gold Gold has support at 49550 and resistance at 49800. Break and sustain below 49550 will take it to the next support level of 48400….49300 and sustainable trade above 49800 and see further upside move towards the next resistance level of 49900…50000. Silver Silver has support at 63900 and resistance at 64200. Break and sustain below 63900 will take it to the next support level of 63600….63300 and sustainable trade above 64200…

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MCX Commodities Major Support and Resistance levels for 14th Feb 2022 Major support and resistance levels of  – Gold, Silver, Copper, Nickel, Aluminium, Lead, Zinc, Crude, and Natural Gas. Trade with levels only. For any query call your RM. Above FREE Information is only for knowledge and education purposes. Kindly read disclaimer on our website before trading / investing.

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