Author: Sumit Makhija

Dear Followers, Today HCL Tech and Tinplate will publish their quarterly results. Here are technical view of the stocks. Kindly trade safely because of expected volatility due to the Quarterly Results Announcement. HCL Tech, Yesterday profit booking was seen the the stock as it has fallen around 1.30% but technically stock is still showing strength on charts. Support around 1290, while Resistance is at 1370. If it sustains above 1370 stock price is likely to move for 1450 and then 1500. Sustainable trade below 1290 can take it to 1230 in coming days. Tinplate, the stock looks…

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Indian stock market ended marginally higher on weekly expiry day amid volatility. At close, the Sensex was up 85.26 points or 0.14 percent at 61,235.30. The broader Nifty was up 45.50 points or 0.25 percent at 18,257.80. About 1,630 shares have advanced, 1,609 shares declined, and 62 shares are unchanged. Nifty Midcap 100 index closed 0.65% higher. Weekly Expiry Day Market Summary Frontline indices whipsawed around the flat line on Thursday as tepid economic data hit sentiment. Besides, weekly F&O expiry also added to the volatility. The NSE Nifty50 hit a high of 18,272 and a low of…

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Natural Gas and other commodities evening session technical levels Major Economic Data of Today 7:00 PM PPI m/m, Core PPI m/m and Unemployment Claim 9:00 PM Natural Gas Storage Gold Gold has support at 47750 and resistance at 47900. Break and sustain below 47750 will take it to the next support level of 47600….47500 and sustainable trade above 47900 and see further upside move towards the next resistance level of 48000…48100. Silver  Silver has support at 61850 and resistance at 62100. Break and sustain below 61850 will take it to the next support level of 60500…60100 and…

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Dear Subscribers and Followers, Hope you are enjoying our daily and weekly levels and minting money by following the same. Last week too our MCX Commodities support and resistance levels proven great. Have a look on same what we had written (Click here!) Now, Let’s have a look at this week’s support and resistance levels of Major MCX Commodities   MCX Crude Oil In our last week’s levels, we had clearly mentioned that Crude Oil has support and reversal zone at 5470–5430. On Monday it made a low of 5544 and from there gave one-sided move…

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Domestic markets traded lower on weekly expiry day. Yesterday, witnessed a gap-down opening on the back of weak global cues. The Sensex was down 621.31 points or 1.03% at 59,601.84, while Nifty was down by 179.40 points or 1% to close at 17,745.90. About 1798 shares have advanced, 1336 shares declined, and 74 shares are unchanged. The BSE midcap and small cap indices ended on flat note. Expiry Day Trade Market Summary On Weekly expiry day, the benchmark indices witnessed selling pressure at higher levels. Due to weak global conditions the market opened with a gap down…

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Dear readers and followers, Team Indian Market View wishes you a very Happy and Prosperous New Year! May God bless you with lots of happiness, an abundance of health, and wealth. Hope you all are enjoying our weekly MCX levels and getting benefit out of that. Last week too out of 9 commodities in 7 commodities our weekly support and resistance levels worked very well. To read what we had given last week (Click here!) A humble request from our team, If you are getting benefits of our levels and updates then do share our weekly levels blog…

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Dear followers, week after week once again our weekly mcx commodities support and resistance levels hit bull’s eye, and hope you must have booked profit as per our levels and recommendations. Click on the link given below and read what we had mentioned last week in our weekly blog. Now, let’s have a look at weekly support and resistance levels of Major MCX Commodities along with trading views on the same. Gold We had given weekly support in Gold at 48250 in our last week’s mcx commodities weekly levels. Below that our target…

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Hope you all are following our weekly and intraday levels and minting money from it. Last week too our weekly support and resistance levels of many mcx commodities worked well. Click here to read what we have mentioned last week.    Now let’s have a look what action to be expected in major mcx commodities in upcoming week. Gold   Last week, we have given major support level of 47800 and major resistance at 48300 in Gold. During the week it made low of 47925, while after crossing 48300 it made weekly high of 48785 which was…

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Hope you all are getting benefits of our weekly and daily levels of MCX  Commodities. Let’s have a look on our previous week’s levels performance. Almost all support and resistance levels worked well. Be it Gold, Silver, Base metals or Crude or Natural Gas. Almost all commodities respected given support and resistance levels or after breaking respective support and resistance levels achieved mentioned further targets.         Now, let’s have a look at weekly support and resistance levels of Major MCX Commodities   MCX Gold Gold struggled to build the previous week’s inflation-fueled rally and closed in…

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Dear followers, first of all sorry that from past 2 weeks we were not publishing our weekly mcx levels as our entire team were on off on the occasion of Diwali. Also last week chart formation were not very clear because of break in technical chart because of trading sessions off. From this week onwards we are continuing our weekly as well as daily levels pattern on regular basis. Also there is one surprise for our mcx followers in coming days. So stay tuned with us. Keep following our blog, support us and share our blog link if…

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