Bullions & Basemetals Levels updated, www.indianmarketview.com

Just updated Gold, Silver and Basemetals Support / Resistance / Entry / Exit / Break out levels on our site.

Copper

We have seen high volatility in Copper in last two trading sessions… and now trading around 357

Now what to expect???

Support at 352—347 and Resistance at 364

Risky traders can buy Copper around 352—350 with stop loss of 347 for the initial target of 364

Others can wait for confirmation

Nickel

Support at 700—665 and Resistance at 745

Looks choppy and has no clear direction… So traders can trade in a range with strict stop loss and wait for confirmation

Anything seems will update via whatsapp

Lead

Told to sell around 115 with stop loss of 116. Crashed and made a low of 113.75

Now what to expect???

Below 113.50… will see further panic till 112.80—112.30 and then to 111 mark

Hurdle intact at 116—116.50

Zinc

Below 127.80…. our target was 126.50—124.50. Just made a low of 126.50

Decisive break and sustain below 126.50 will see further panic till 125.80—-125.30 and then to 124.50 mark

Hurdle intact at 129.30

Trade safely with levels only… Anything seems will update via whatspp

Aluminium

Support at 105.50 and Resistance at 107

Break and sustan below 105.50 with volume will take to 104—103 mark else it could test its resistance level of 107 again

Further upside rally seen only close above 107.00 mark

Be cautious and trade with levels only. Maintain strict SL and avoid taking Big Risk.

More will be updated soon!!

Posted by Indian Market View at 3:46 PM

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Bullions Update 10 July 2015

 

Today…. we will expect range bound trading in metal and energy segment as all eye on Greece.

Today’s trading and Monday opening will be trend decider.

Gold

Support at 26040 and Resistance at 26180

Decisive break and sustain above 26180 will take to 26280—26350 and then to 26480 mark

Three consecutive closes + weekly close above 26480 will take it to further higher

Else it could test its support level of 26040 again

Sustain below 26040 will volume will see further panic till 25930—25860 and then to 26750 mark in days to come

Trade safely with levels only

 

Silver

Support at 35200 and Resistance at 35600

Decisive break and sustain below 35200 will take to 34700—34300 and then to 33800 mark. Further panic seen only weekly close below 33800 else it could test its resistance level of 35600 again

Break and sustain above 35600 will see further upside rally till 36000—36200 and then to ???

Trade with levels only

More will be updated soon!!

Kindly visit www.indianmarketview.com

Call: +91-8130430690

[Trade with levels only and get

maximum benefit of market]

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