Tag Archives: best commodity tips

Natural Gas Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 13, 2017 – Nov 17, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 7.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 210 and close the week around the levels of 209.

Support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 211 to 213 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 222 where the commodity has formed a top in the month of May-2017 and long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 190 – 193 on downside & 222 – 225 on upside.

Crude Oil Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 13, 2017 – Nov 17, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 3.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3630 to 3650. If the commodity manages to close above these levels then the commodity can move to the levels of 3700 to 3750 where trend-line resistance is lying. During the week the commodity manages to hit a high of 3765 and close the week around the levels of 3712.

Minor support for the commodity lies in the zone of 3630 to 3660. Support for the commodity lies in the zone of 3500 to 3520 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3440 to 3470 where highs for the month of September-2017 and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3700 to 3750 where trend-line resistance is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3940 to 3980 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3530 – 3560 on downside & 3900 – 3930 on upside.

Aluminium Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Nov 13, 2017 – Nov 17, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 2.70%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 135 and close the week around the levels of 137.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 138 to 140 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 142 to 144 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 143 – 145 on upside.

Nickel Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Nickel for the week  (Nov 13, 2017 – Nov 17, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 3.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 835 to 840 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 865 to 870 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 838 and close the week around the levels of 789.

Support for the commodity lies in the zone of 780 to 790 from where the commodity broke out of September-2017 and October-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of around 745 to 750 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 800 to 810 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 835 to 840 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 750 – 760 on downside & 830 – 840 on upside.

Copper Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 13, 2017 – Nov 17, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 439 and close the week around the levels of 444.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Lead Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Lead for the week  (Nov 13, 2017 – Nov 17, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 2.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 159 to 161 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 166 to 168 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 167 and close the week around the levels of 164.

Minor support for the commodity lies in the zone of 161 to 163. Support for the commodity lies in the zone of 156 to 158 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 152 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 166 to 168 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 170 to 172 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 172 – 174 on upside.

Zinc Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Zinc for the week  (Nov 13, 2017 – Nov 17, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 1.70%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 206 to 207. Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 206 and close the week around the levels of 212.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 202 – 204 on downside & 220 – 222 on upside.

Silver Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 13, 2017 – Nov 17, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 40100 and close the week around the levels of 39507.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38500 from where the commodity has broken out in the month of August-2017.

Minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels and top for the month of October-2017 is lying.

Broad range for the commodity in the coming week can be seen between 38500 – 38600 on downside & 40500 – 40600 on upside.

Gold Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Gold for the week  (Nov 13, 2017 – Nov 17, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying. During the week the commodity manages to hit a low of 29109 and close the week around the levels of 29491.

Minor support for the commodity lies in the zone of 29300 to 29350. Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying.

Resistance for the commodity lies in the zone of 29550 to 29650 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30000 to 30100 where the commodity has formed in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Natural Gas Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 06, 2017 – Nov 10, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on absolutely flat note.

As we have mentioned last week, that support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017. During the week the commodity manages to hit a low of 185 and close the week around the levels of 194.

Support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 204 – 206 on upside.

Crude Oil Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 06, 2017 – Nov 10, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3530 to 3570 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3700 to 3750 where trend-line resistance is lying. During the week the commodity manages to hit a high of 3589 and close the week around the levels of 3579.

Support for the commodity lies in the zone of 3500 to 3520 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3440 to 3470 where highs for the month of September-2017 and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3630 to 3650. If the commodity manages to close above these levels then the commodity can move to the levels of 3700 to 3750 where trend-line resistance is lying.

Broad range for the commodity in the coming week can be seen between 3430 – 3460 on downside & 3700 – 3730 on upside.

Aluminium Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Nov 06, 2017 – Nov 10, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137 and close the week around the levels of 141.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 132 – 134 on downside and 148 – 150 on upside.

Nickel Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Nickel for the week  (Nov 06, 2017 – Nov 10, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 9.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 745 to 750 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 725 to 730 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 742 and close the week around the levels of 820.

Support for the commodity lies in the zone of 800 to 810 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 780 to 790 from where the commodity broke out of September-2017 and October-2017 highs.

Resistance for the commodity lies in the zone of 835 to 840 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 865 to 870 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 780 – 790 on downside & 850 – 860 on upside.

Lead Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Lead for the week  (Nov 06, 2017 – Nov 10, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 152 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 155 and close the week around the levels of 160.

Support for the commodity lies in the zone of 155 to 157 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 152 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 159 to 161 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 166 to 168 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 150 – 152 on downside & 166 – 168 on upside.

Zinc Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Zinc for the week  (Nov 06, 2017 – Nov 10, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 0.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a short term top. During the week the commodity manages to hit a high of 216 and close the week around the levels of 209.

Minor support for the commodity lies in the zone of 206 to 207. Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 218 – 220 on upside.

Copper Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 06, 2017 – Nov 10, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 443 and close the week around the levels of 446.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Silver Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 06, 2017 – Nov 10, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 39900 and close the week around the levels of 39048.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38500 from where the commodity has broken out in the month of August-2017.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40000 – 40100 on upside.

Gold Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Gold for the week  (Nov 06, 2017 – Nov 10, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying. During the week the commodity manages to hit a low of 29069 and close the week around the levels of 29088.

Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 29300 to 29350. Resistance for the commodity lies in the zone of 29550 to 29650 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30000 to 30100 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 28500 – 28600 on downside & 29500 – 29600 on upside.

Natural Gas Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 30, 2017 – Nov 03, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 200 and close the week around the levels of 194.

Support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 210 – 212 on upside.

Crude Oil Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 30, 2017 – Nov 03, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 3.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 3330 to 3360 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. During the week the commodity manages to hit a low of 3361 and close the week around the levels of 3501.

Support for the commodity lies in the zone of 3440 to 3460 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3330 to 3360 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3530 to 3570 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3700 to 3750 where trend-line resistance is lying.

Broad range for the commodity in the coming week can be seen between 3330 – 3360 on downside & 3700 – 3730 on upside.

Aluminium Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 30, 2017 – Nov 03, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 138 and close the week around the levels of 140.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 30, 2017 – Nov 03, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 1.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 763 to 768 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of around 780 to 785 where Fibonacci levels and top for the month of September-2017 is lying. During the week the commodity manages to hit a high of 782 and close the week around the levels of 750.

Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 725 to 730 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 763 to 768 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of around 780 to 785 where Fibonacci levels and top for the month of September-2017 is lying.

Broad range for the commodity in the coming week can be seen between 720 – 725 on downside & 780 – 785 on upside.

Lead Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 30, 2017 – Nov 03, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 157 and close the week around the levels of 157.

Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 152 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 159 to 161 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 166 to 168 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 148 – 150 on downside & 166 – 168 on upside.

Zinc Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 30, 2017 – Nov 03, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 2.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 205 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 206 to 207. Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 218 – 220 on upside.

Copper Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 30, 2017 – Nov 03, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 2.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 464 to 466 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 472 to 475. During the week the commodity manages to hit a high of 465 and close the week around the levels of 446.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Silver Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 30, 2017 – Nov 03, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40040 and close the week around the levels of 39149.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38500 from where the commodity has broken out in the month of August-2017.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40000 – 40100 on upside.

Gold Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 30, 2017 – Nov 03, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on negative note losing around 0.80%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 29650 to 29750. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 29591 and close the week around the levels of 29318.

Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 29400 to 29450. Resistance for the commodity lies in the zone of 29550 to 29650 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30000 to 30100 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 28500 – 28600 on downside & 30000 – 30100 on upside.

Natural Gas Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 23, 2017 – Oct 27, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 2.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 192 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. During the week the commodity manages to hit a low of 185 and close the week around the levels of 190.

Support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017.

Minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 210 – 212 on upside.

Crude Oil Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 23, 2017 – Oct 27, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3330 to 3360 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 3406 and close the week around the levels of 3372.

Support for the commodity lies in the zone of 3330 to 3360 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying.

Resistance for the commodity lies in the zone of 3400 to 3430 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3530 to 3570 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3250 – 3280 on downside & 3500 – 3530 on upside.

Aluminium Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 23, 2017 – Oct 27, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 136 and close the week around the levels of 138.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 23, 2017 – Oct 27, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 760 to 765 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of around 780 to 785 where Fibonacci levels and top for the month of September-2017 is lying. During the week the commodity manages to hit a high of 786 and close the week around the levels of 761.

Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 715 to 720 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 763 to 768 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of around 780 to 785 where Fibonacci levels and top for the month of September-2017 is lying.

Broad range for the commodity in the coming week can be seen between 730 – 735 on downside & 780 – 785 on upside.

Lead Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 23, 2017 – Oct 27, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 2.20%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 160 and close the week around the levels of 160.

Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 164 to 166. Resistance for the commodity lies in the zone of 172 to 175 where life time high for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 178 to 180.

Broad range for the commodity in the coming week can be seen between 150 – 152 on downside & 170 – 172 on upside.

Zinc Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 23, 2017 – Oct 27, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 3.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 205.

Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 207 to 209. If the commodity manages to close above these levels then the commodity can move to the levels of 217 to 219 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 214 – 216 on upside.

Copper Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 23, 2017 – Oct 27, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 466 and close the week around the levels of 455.

Support for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 434 to 436 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 464 to 466 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 472 to 475.

Broad range for the commodity in the coming week can be seen between 440 – 442 on downside & 470 – 472 on upside.

Silver Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 23, 2017 – Oct 27, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40700 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41200 to 41300 from where the commodity has sold off. During the week the commodity manages to hit a high of 40632 and close the week around the levels of 39877.

Support for the commodity lies in the zone of 39600 to 39700 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where medium term moving averages are lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 39000 – 39100 on downside & 40500 – 40600 on upside.

Gold Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 23, 2017 – Oct 27, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 29450 to 29550 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a low of 29522 and close the week around the levels of 29554.

Support for the commodity lies in the zone of 29450 to 29550 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 29650 to 29750. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Natural Gas Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 16, 2017 – Oct 19, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (195.20) closed the week on positive note gaining around 3.70%.

As we have mentioned last week, that the commodity has closed just below the support zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports. During the week the commodity manages to hit a low of 186 and close the week around the levels of 195.

Support for the commodity lies in the zone of 190 to 192 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 210 – 212 on upside.

Crude Oil Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 16, 2017 – Oct 19, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3310) closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3150 to 3175 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 3218 and close the week around the levels of 3310.

Support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3150 to 3175 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 3330 to 3360 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3180 – 3200 on downside & 3400 – 3430 on upside.

Aluminium Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 16, 2017 – Oct 19, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (137.50) closed the week on negative note losing around 1.70%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137 and close the week around the levels of 137.50.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 16, 2017 – Oct 19, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (756.20) closed the week on positive note gaining around 9.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 705 to 710 where short term moving averages and Fibonacci levels for the commodity are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying. During the week the commodity manages to hit a high of 757 and close the week around the levels of 756.

Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 715 to 720 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 760 to 765 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of around 780 to 785 where Fibonacci levels and top for the month of September-2017 is lying.

Broad range for the commodity in the coming week can be seen between 730 – 735 on downside & 780 – 785 on upside.

Lead Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 16, 2017 – Oct 19, 2017) :

LEAD:

 

LEAD 1

 

LEAD (163.80) closed the week on negative note losing around 1.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 162 and close the week around the levels of 164.

Minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 166 to 168. Resistance for the commodity lies in the zone of 172 to 175 where life time high for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 178 to 180.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 173 – 175 on upside.

Zinc Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 16, 2017 – Oct 19, 2017) :

ZINC:

 

ZINC 1

 

ZINC (212.15) closed the week on a negative note losing around 0.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 211 and close the week around the levels of 212.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 218 to 220. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 222 – 224 on upside.

Copper Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 16, 2017 – Oct 19, 2017) :

COPPER:

 

COPPER 1

 

COPPER (448.00) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 442 to 445 from where the commodity has sold off. If the commodity manages to close above these levels then the commodity can move to the levels of 450 to 452 where the commodity has formed a top in the month of September-2017. During the week the commodity manages to hit a high of 451 and close the week around the levels of 448.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 426 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 432 on downside & 460 – 462 on upside.

Silver Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 16, 2017 – Oct 19, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40399) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40479 and close the week around the levels of 40400.

Support for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39600 to 39700 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 40700 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41200 to 41300 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 39300 – 39400 on downside & 41200 – 41300 on upside.

Gold Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 16, 2017 – Oct 19, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29851) closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 29650 to 29750. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 29900 and close the week around the levels of 29851.

Support for the commodity lies in the zone of 29450 to 29550 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29400 – 29500 on downside & 30400 – 30500 on upside.

 

Natural Gas Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 09, 2017 – Oct 13, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (188.30) closed the week on negative note losing around 5.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 193 to 195. Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports. During the week the commodity manages to hit a low of 188 and close the week around the levels of 188.

The commodity has closed just below the support zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 202 to 204 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 177 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 09, 2017 – Oct 13, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3240) closed the week on negative note losing around 3.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. During the week the commodity manages to hit a low of 3223 and close the week around the levels of 3240.

Support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3150 to 3175 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3120 – 3150 on downside & 3350 – 3600 on upside.

Aluminium Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 09, 2017 – Oct 13, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (139.85) closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137.15 and close the week around the levels of 139.85.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 09, 2017 – Oct 13, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (693.20) closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying. During the week the commodity manages to hit a high of 708 and close the week around the levels of 693.

Support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 705 to 710 where short term moving averages and Fibonacci levels for the commodity are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 650 – 655 on downside & 730 – 735 on upside.

Lead Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 09, 2017 – Oct 13, 2017) :

LEAD:

 

LEAD 1

 

LEAD (165.90) closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 164 to 166 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 175 where life time high for the commodity is lying. During the week the commodity manages to hit a high of 171 and close the week around the levels of 166.

Minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 172 to 175 where life time high for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 178 to 180.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 173 – 175 on upside.

Zinc Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 09, 2017 – Oct 13, 2017) :

ZINC:

 

ZINC 1

 

ZINC (214.10) closed the week on a positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 210 to 212. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220. The commodity is trading at the multi year high so virtually no resistance exists. During the week the commodity manages to hit a high of 219 and close the week around the levels of 214.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 218 to 220. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 222 – 224 on upside.

Copper Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 09, 2017 – Oct 13, 2017) :

COPPER:

 

COPPER 1

 

COPPER (438.90) closed the week on positive note gaining around 2.60%.

As we have mentioned last week that minor support for the commodity lies in the zone of 424 to 426. Support for the commodity lies in the zone of 414 to 417 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 425 and close the week around the levels of 439.

Minor support for the commodity lies in the zone of 432 to 434. Support for the commodity lies in the zone of 425 to 426 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 414 to 417 where break out levels are lying.

Resistance for the commodity lies in the zone of 442 to 445 from where the commodity has sold off. If the commodity manages to close above these levels then the commodity can move to the levels of 450 to 452 where the commodity has formed a top in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 425 – 428 on downside & 450 – 452 on upside.

Silver Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 09, 2017 – Oct 13, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39596) closed the week on positive note gaining around 0.40%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 38710 and close the week around the levels of 39596.

Support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Gold Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 09, 2017 – Oct 13, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29573) closed the week on positive note gaining around 0.05%.

As we have mentioned last week, that support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a low of 29260 and close the week around the levels of 29573.

Support for the commodity lies in the zone of 29450 to 29550 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 29650 to 29750. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Natural Gas Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 03, 2017 – Oct 06, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (198.40) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 198.40.

Minor support for the commodity lies in the zone of 193 to 195. Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 202 to 204 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 210 – 212 on upside.

Crude Oil Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 03, 2017 – Oct 06, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3373) closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 3472 and close the week around the levels of 3373.

Support for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying.

Resistance for the commodity lies in the zone of 3400 to 3430 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3500 to 3500 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3220 – 3250 on downside & 3450 – 3500 on upside.

Aluminium Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 03, 2017 – Oct 06, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (137.90) closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137 and close the week around the levels of 138.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 03, 2017 – Oct 06, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (691.60) closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying. During the week the commodity manages to hit a low of 665 and close the week around the levels of 692.

Support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 650 – 655 on downside & 725 – 730 on upside.

Lead Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 03, 2017 – Oct 06, 2017) :

LEAD:

 

LEAD 1

 

LEAD (164.60) closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 159 to 160. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 160 and close the week around the levels of 165.

Minor support for the commodity lies in the zone of 160 to 162. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 146 to 148 where 200 daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 164 to 166 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 175 where life time high for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 173 – 175 on upside.

Zinc Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 03, 2017 – Oct 06, 2017) :

ZINC:

 

ZINC 1

 

ZINC (210.20) closed the week on a positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212. During the week the commodity manages to hit a high of 210 and close the week around the levels of 210.

Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 210 to 212. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside & 218 – 220 on upside.

Copper Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 03, 2017 – Oct 06, 2017) :

COPPER:

 

COPPER 1

 

COPPER (427.95) closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the commodity lies in the zone of 425 to 427. If the commodity manages to close above these levels then the commodity can move to the levels of 432 to 435 from where the commodity has broken down. During the week the commodity manages to hit a high of 433 and close the week around the levels of 428.

Minor support for the commodity lies in the zone of 424 to 426. Support for the commodity lies in the zone of 414 to 417 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 432 to 435 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 442 to 445.

Broad range for the commodity in the coming week can be seen between 415 – 418 on downside & 442 – 445 on upside.

Silver Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 03, 2017 – Oct 06, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39457) closed the week on negative note losing around 0.70%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39200 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 39309 and close the week around the levels of 39457.

Support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Gold Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 03, 2017 – Oct 06, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29557) closed the week on negative note losing around 0.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 29750 to 29850. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 30169 and close the week around the levels of 29557.

Support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 29750 to 29850. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Natural Gas Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Sep 25, 2017 – Sep 29, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (192.60) closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 193.

Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 205 – 207 on upside.

Crude Oil Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Sep 25, 2017 – Sep 29, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3287) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3300 to 3330 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 3312 and close the week around the levels of 3287.

Support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3080 to 3120 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3120 – 3150 on downside & 3400 – 3430 on upside.

Aluminium Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Sep 25, 2017 – Sep 29, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (138.99) closed the week on positive note gaining around 5.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 133 to 134. If the commodity manages to close above these levels then the commodity can move to the levels of 136 to 138. During the week the commodity manages to hit a high of 141 and close the week around the levels of 139.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Nickel for the week  (Sep 25, 2017 – Sep 29, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (686.90) closed the week on negative note losing around 3.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 680 to 685 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 674 and close the week around the levels of 687.

Support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 650 – 655 on downside & 725 – 730 on upside.

Lead Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Lead for the week  (Sep 25, 2017 – Sep 29, 2017) :

LEAD:

 

LEAD 1

 

LEAD (161.60) closed the week on positive note gaining around 7.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 159 to 161 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 163 and close the week around the levels of 162.

Minor support for the commodity lies in the zone of 159 to 160. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 164 to 166 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 175 where life time high for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 150 – 152 on downside & 170 – 172 on upside.

Zinc Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Zinc for the week  (Sep 25, 2017 – Sep 29, 2017) :

ZINC:

 

ZINC 1

 

ZINC (201) closed the week on a positive note gaining around 3.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 195 to 197 from where the commodity has broken down from the consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where trend-line joining highs of 208 and 204 are lying. During the week the commodity manages to hit a high of 203 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 196 to 198. Support for the commodity lies in the zone of 190 to 192 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 183 to 185 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 210 – 212 on upside.

Copper Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Copper for the week  (Sep 25, 2017 – Sep 29, 2017) :

COPPER:

 

COPPER 1

 

COPPER (423.55) closed the week on positive note gaining around 0.80%.

As we have mentioned last week that support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 417 and close the week around the levels of 423.55.

Support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 425 to 427. If the commodity manages to close above these levels then the commodity can move to the levels of 432 to 435 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 412 – 415 on downside & 432 – 435 on upside.

Silver Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Silver for the week  (Sep 25, 2017 – Sep 29, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39727) closed the week on negative note losing around 2.70%.

As we have mentioned last week that support for the commodity lies in the zone of 40600 to 40700 from where the commodity broke out of June-2017 highs and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a low of 39515 and close the week around the levels of 39727.

Support for the commodity lies in the zone of 39100 to 39200 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Gold Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Gold for the week  (Sep 25, 2017 – Sep 29, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29585) closed the week on negative note losing around 0.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a low of 29443 and close the week around the levels of 29585.

Support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 29750 to 29850. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Natural Gas Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Sep 18, 2017 – Sep 22, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.90) closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 from where the commodity has broken down. During the week the commodity manages to hit a high of 199 and close the week around the levels of 194.

Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 205 – 207 on upside.

Crude Oil Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Sep 18, 2017 – Sep 22, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3191) closed the week on positive note gaining around 4.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 2980 to 3020 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2880 to 2920 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 3010 and close the week around the levels of 3191.

Support for the commodity lies in the zone of 3080 to 3120 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2980 to 3020 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3300 to 3330 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3020 – 3050 on downside & 3300 – 3330 on upside.

Aluminium Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Sep 18, 2017 – Sep 22, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (132.35) closed the week on negative note losing around 0.40%.

As we have mentioned last week, that support for the commodity lies in the zone of around 133 to 134 where break-out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 where break out levels are lying. During the week the commodity manages to hit a low of 131.50 and close the week around the levels of 132.

Support for the commodity lies in the zone of around 130 to 131 from where the commodity broke out of March-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 127 to 128 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 133 to 134. If the commodity manages to close above these levels then the commodity can move to the levels of 136 to 138.

Broad range for the commodity in the coming week can be seen between 125 – 127 on downside and 138 – 140 on upside.

Nickel Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Nickel for the week  (Sep 18, 2017 – Sep 22, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (710.60) closed the week on negative note losing around 3.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 750 to 755 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 720 to 725 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 693 and close the week around the levels of 711.

Support for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 680 to 685 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 745 to 750.

Broad range for the commodity in the coming week can be seen between 680 – 685 on downside & 745 – 750 on upside.

 

Lead Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Lead for the week  (Sep 18, 2017 – Sep 22, 2017) :

LEAD:

 

LEAD 1

 

LEAD (150.50) closed the week on positive note gaining around 4.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 143 and close the week around the levels of 150.

Support for the commodity lies in the zone of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 159 to 161 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 142 – 145 on downside & 160 – 162 on upside.

 

 

Zinc Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Zinc for the week  (Sep 18, 2017 – Sep 22, 2017) :

ZINC:

 

ZINC 1

 

ZINC (194.90) closed the week on a positive note gaining around 0.70%.

Support for the commodity lies in the zone of 189 to 191 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 183 to 185 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 195 to 197 from where the commodity has broken down from the consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where trend-line joining highs of 208 and 204 are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 205 – 207 on upside.

 

 

Copper Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Copper for the week  (Sep 18, 2017 – Sep 22, 2017) :

COPPER:

 

COPPER 1

 

COPPER (420.10) closed the week on negative note losing around 2.60%.

Support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 424 to 426. If the commodity manages to close above these levels then the commodity can move to the levels of 430 to 432 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 408 – 410 on downside & 430 – 433 on upside.

 

 

Silver Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Silver for the week  (Sep 18, 2017 – Sep 22, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40814) closed the week on negative note losing around 1.80%.

Support for the commodity lies in the zone of 40600 to 40700 from where the commodity broke out of June-2017 highs and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40000 to 40100 where 200 daily moving averages are lying.

Minor resistance for the commodity lies in the zone of 41500 to 41600. Resistance for the commodity lies in the zone of 42000 to 42200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 42500 to 42600 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 40000 – 40200 on downside & 42000 – 42200 on upside.

Gold Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Gold for the week  (Sep 18, 2017 – Sep 22, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29856) closed the week on negative note losing around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can witness a major break-out and the commodity can move to the levels of 30200 to 30300 where Fibonacci level is lying. During the week the commodity manages to hit a high of 30200 and close the week around the levels of 29856.

Support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29500 – 29600 on downside & 30300 – 30400 on upside.

 

Natural Gas Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 28, 2017 – Sep 01, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (185) closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 183 to 185 where break out level for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 184 and close the week around the levels of 185.

Support for the commodity lies in the zone of 183 to 185 where break out level for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 172 – 174 on downside & 195 – 197 on upside.

Crude Oil Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Aug 28, 2017 – Sep 01, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3058) closed the week on negative note losing around 1.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2980 to 3020 where short term moving averages are lying. During the week the commodity manages to hit a low of 3013 and close the week around the levels of 3058.

Support for the commodity lies in the zone of 2980 to 3020 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2880 to 2920 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3080 to 3120 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3200 to 3230 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 2900 – 2930 on downside & 3200 – 3230 on upside.

Aluminium Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Aug 28, 2017 – Sep 01, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (131.30) closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 130 to 131 where the commodity has formed multiple top in last 4 years. If the commodity manages to close above these levels then the commodity can witness a major multi-year break out and the commodity can move to the levels of 140 to 142. During the week the commodity manages to hit a high of 135 and close the week around the levels of 131.30.

Support for the commodity lies in the zone of around 127 to 128 where break-out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 125 to 126 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 130 to 131 where the commodity has formed multiple top in last 4 years. If the commodity manages to close above these levels then the commodity can witness a major multi-year break out and the commodity can move to the levels of 140 to 142.

Broad range for the commodity in the coming week can be seen between 123 – 125 on downside and 136 – 138 on upside.

Nickel Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Nickel for the week  (Aug 28, 2017 – Sep 01, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (729) closed the week on positive note gaining around 3.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 700 to 705 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 720 to 725 where Fibonacci level is lying. During the week the commodity manages to hit a high of 755 and close the week around the levels of 729.

Support for the commodity lies in the zone of 720 to 725 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 705 where Fibonacci level is lying..

Resistance for the commodity lies in the zone of 745 to 750 from where the commodity has sold off in the month of Feb-2017. If the commodity manages to close above these levels then the commodity can move to the levels of around 775 to 780 from where the commodity has sold off in the month of Dec-2016.

Broad range for the commodity in the coming week can be seen between 680 – 690 on downside & 760 – 770 on upside.

Lead Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Lead for the week  (Aug 28, 2017 – Sep 01, 2017) :

LEAD:

 

LEAD 1

 

LEAD (147.30) closed the week on negative note losing around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 159 to 161 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 154 and close the week around the levels of 147.30

Support for the commodity lies in the zone of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 149 to 150. Resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 159 to 161 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 138 – 140 on downside & 155 – 157 on upside.

Zinc Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Zinc for the week  (Aug 28, 2017 – Sep 01, 2017) :

ZINC:

 

ZINC 1

 

ZINC (195.50) closed the week on a negative note losing around 2.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity will broke out of multiple years of consolidation and correction. During the week the commodity manages to hit a high of 203 and close the week around the levels of 195.50

Minor support for the commodity lies in the zone of 195 to 197. Support for the commodity lies in the zone of 189 to 191 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of around 185 to 187 from where the commodity broke out of July-2017 highs and declining trend-line support is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity will broke out of multiple years of consolidation and correction.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 208 – 210 on upside.

Copper Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 28, 2017 – Sep 01, 2017) :

COPPER:

 

COPPER 1

 

COPPER (427.55) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 422 to 425 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 428 to 430. During the week the commodity manages to hit a high of 431 and close the week around the levels of 428.

Support for the commodity lies in the zone of 422 to 425 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 412 to 415 where high for the November-2016 and February-2017 is lying.

Resistance for the commodity lies in the zone of 428 to 430. If the commodity manages to close above these levels then the commodity can move to the levels of 439 to 441.

Broad range for the commodity in the coming week can be seen between 412 – 415 on downside & 438 – 440 on upside.

Silver Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 28, 2017 – Sep 01, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39012) closed the week on negative note losing around 0.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying. During the week the commodity manages to hit a high of 39288 and close the week around the levels of 39012.

Support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Gold for the week  (Aug 28, 2017 – Sep 01, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29167) closed the week on absolutely flat note.

As we have mentioned last week, that support for the commodity lies in the zone of 28900 to 29000 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where medium and long term moving averages are lying. During the week the commodity manages to hit a low of 28777 and close the week around the levels of 29167

Support for the commodity lies in the zone of 28900 to 29000 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where medium and long term moving averages are lying.

Resistance for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can witness a major break-out and the commodity can move to the levels of 30200 to 30300 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 28500 – 28600 on downside & 29600 – 29700 on upside.

Natural Gas Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 21, 2017 – Aug 25, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (186) closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where break out level for the commodity is lying. During the week the commodity manages to hit a low of 183 and close the week around the levels of 186.

Support for the commodity lies in the zone of 183 to 185 where break out level for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 172 – 174 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Aug 21, 2017 – Aug 25, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3104) closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3000 to 3030 where short term moving averages are lying. During the week the commodity manages to hit a low of 2981 and close the week around the levels of 3104.

Support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2980 to 3020 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 3140 to 3150. Resistance for the commodity lies in the zone of 3200 to 3230 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3280 to 3300 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 3000 – 3030 on downside & 3230 – 3250 on upside.

Aluminium Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Aug 21, 2017 – Aug 25, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (131.05) closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 130 to 131 where the commodity has formed multiple top in last 4 years. If the commodity manages to close above these levels then the commodity can witness a major multi-year break out and the commodity can move to the levels of 140 to 142. During the week the commodity manages to hit a high of 134.40 and close the week around the levels of 131.

Support for the commodity lies in the zone of around 127 to 128 where break-out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 125 to 126 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 130 to 131 where the commodity has formed multiple top in last 4 years. If the commodity manages to close above these levels then the commodity can witness a major multi-year break out and the commodity can move to the levels of 140 to 142.

Broad range for the commodity in the coming week can be seen between 123 – 125 on downside and 136 – 138 on upside.

Nickel Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

NICKEL 1

 

NICKEL (704) closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 673 to 678 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 660 to 665 where break out levels and 200 daily moving averages are lying. During the week the commodity manages to hit a low of 664 and close the week around the levels of 704.

Minor support for the commodity lies in the zone of 690 to 695. Support for the commodity lies in the zone of 673 to 678 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 660 to 665 where break out levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 700 to 705 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 720 to 725 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 660 – 670 on downside & 720 – 730 on upside.

 

 

Lead Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Lead for the week  (Aug 21, 2017 – Aug 25, 2017) :

LEAD:

 

LEAD 1

 

LEAD (150.40) closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 146 to 147 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 148 and close the week around the levels of 150.40

Support for the commodity lies in the zone of 147 to 149 where 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 159 to 161 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 142 – 144 on downside & 158 – 160 on upside.

Zinc Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Zinc for the week  (Aug 21, 2017 – Aug 25, 2017) :

ZINC:

 

ZINC 1

 

ZINC (200.80) closed the week on a positive note gaining around 8.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 186 to 188 where declining trend-line resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can witness a major long term break-out and the commodity can move to the levels of 196 to 198. During the week the commodity manages to hit a high of 202 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 195 to 197. Support for the commodity lies in the zone of 189 to 191 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of around 185 to 187 from where the commodity broke out of July-2017 highs and declining trend-line support is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity will broke out of multiple years of consolidation and correction.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 208 – 210 on upside.

Copper Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 21, 2017 – Aug 25, 2017) :

COPPER:

 

COPPER 1

 

COPPER (415.35) closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 422 and close the week around the levels of 415.

Support for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 406 to 408 where the commodity has taken multiple support.

Resistance for the commodity lies in the zone of 422 to 425 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 428 to 430.

Broad range for the commodity in the coming week can be seen between 400 – 403 on downside & 425 – 428 on upside.

Silver Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 21, 2017 – Aug 25, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39063) closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying. During the week the commodity manages to hit a low of 38305 and close the week around the levels of 39063.

Support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Gold for the week  (Aug 21, 2017 – Aug 25, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29163) closed the week on negative note losing around 0.10%.

As we have mentioned last week, that support for the commodity lies in the zone of 28900 to 29000 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where medium and long term moving averages are lying. During the week the commodity manages to hit a low of 28800 and close the week around the levels of 29163.

Support for the commodity lies in the zone of 28900 to 29000 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where medium and long term moving averages are lying.

Resistance for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can witness a major break-out and the commodity can move to the levels of 30200 to 30300 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 28500 – 28600 on downside & 29600 – 29700 on upside.

Natural Gas Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 14, 2017 – Aug 18, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (191.70) closed the week on positive note gaining around 7.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 184 to 186 from where the commodity has broken down from the June-2017 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 192 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a high of 193 and close the week around the levels of 192.

Support for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where break out level for the commodity is lying.

Resistance for the commodity lies in the zone of 194 to 196 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 199 to 201 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Aug 14, 2017 – Aug 18, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3127) closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3000 to 3030 where short term moving averages are lying. During the week the commodity manages to hit a low of 3082 and close the week around the levels of 3127.

Support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3000 to 3030 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 3160 to 3180. Resistance for the commodity lies in the zone of 3200 to 3230 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3280 to 3300 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 3030 – 3050 on downside & 3230 – 3250 on upside.

Aluminium Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Aug 14, 2017 – Aug 18, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (130.30) closed the week on positive note gaining around 7.60%.

As we have mentioned last week, that support for the commodity lies in the zone of around 121.00 to 121.50 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 119.50 to 120 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 121.50 and close the week around the levels of 130.30.

Support for the commodity lies in the zone of around 127 to 128 where break-out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 125 to 126 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 130 to 131 where the commodity has formed multiple top in last 4 years. If the commodity manages to close above these levels then the commodity can witness a major multi-year break out and the commodity can move to the levels of 140 to 142.

Broad range for the commodity in the coming week can be seen between 123 – 125 on downside and 136 – 138 on upside.

Lead Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Lead for the week  (Aug 14, 2017 – Aug 18, 2017) :

LEAD:LEAD 1

 

LEAD (148.60) closed the week on negative note losing around 0.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 150 to 151 where the commodity has formed a top in the month of July-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 153 to 155 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 154 and close the week around the levels of 149.

Support for the commodity lies in the zone of 146 to 147 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 150 to 151 where the commodity has formed a top in the month of July-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 153 to 155 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 145 – 146 on downside & 154 – 155 on upside.

Nickel Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Nickel for the week  (Aug 14, 2017 – Aug 18, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (681) closed the week on positive note gaining around 3.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 665 to 670 where 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 680 to 685 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 703 and close the week around the levels of 681.

Support for the commodity lies in the zone of 673 to 678 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 660 to 665 where break out levels and 200 daily moving averages are lying.

Minor resistance for the commodity lies in the zone of 690 to 695. Resistance for the commodity lies in the zone of 700 to 705 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 720 to 725 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 650 – 660 on downside & 710 – 720 on upside.

Zinc Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Zinc for the week  (Aug 14, 2017 – Aug 18, 2017) :

ZINC:

 

ZINC 1

 

ZINC (185.45) closed the week on a positive note gaining around 3.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying. During the week the commodity manages to hit a high of 190 and close the week around the levels of 185.

Minor support for the commodity lies in the zone of 182 to 183. Support for the commodity lies in the zone of 178 to 180 where Fibonacci level and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 186 to 188 where declining trend-line resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can witness a major long term break-out and the commodity can move to the levels of 196 to 198.

Broad range for the commodity in the coming week can be seen between 175 – 177 on downside & 195 – 198 on upside.

Copper Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 14, 2017 – Aug 18, 2017) :

COPPER:

 

COPPER 1

 

COPPER (412.25) closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 417 and close the week around the levels of 412.

Minor support for the commodity lies in the zone of 408 to 410. Support for the commodity lies in the zone of 400 to 403 where the stock has taken multiple support. If the commodity manages to close below these levels then the commodity can drift to the levels of 395 to 397 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 395 – 398 on downside & 422 – 425 on upside.

Silver Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 14, 2017 – Aug 18, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39194) closed the week on positive note gaining around 5.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 37000 to 37200 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a bottom in the month of July-2017. During the week the commodity manages to hit a low of 36935 and close the week around the levels of 39194.

Support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Gold for the week  (Aug 14, 2017 – Aug 18, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29302) closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 28350 to 28400. Support for the commodity lies in the zone of 28100 to 28200 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 27800 to 27900 where break out levels are lying. During the week the commodity manages to hit a low of 28300 and close the week around the levels of 29203.

Support for the commodity lies in the zone of 28900 to 29000 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where medium and long term moving averages are lying.

Resistance for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can witness a major break-out and the commodity can move to the levels of 30200 to 30300 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 28500 – 28600 on downside & 29600 – 29700 on upside.

Natural Gas Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 07, 2017 – Aug 11, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (178.10) closed the week on negative note losing around 6.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying. During the week the commodity manages to hit a low of 176 and close the week around the levels of 178.

Support for the commodity lies in the zone of 170 to 172 where the commodity has formed a double bottom in the month of Nov-2016 and Feb-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 184 to 186 from where the commodity has broken down from the June-2017 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 192 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 168 – 170 on downside & 188 – 190 on upside.

Crude Oil Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Aug 07, 2017 – Aug 11, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3149) closed the week on negative note losing around 1.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 3150 to 3160. Support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3000 to 3030 where short term moving averages are lying. During the week the commodity manages to hit a low of 3094 and close the week around the levels of 3149.

Support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3000 to 3030 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 3200 to 3230 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3280 to 3300 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 3030 – 3050 on downside & 3230 – 3250 on upside.

Aluminium Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Aug 07, 2017 – Aug 11, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (121.10) closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 122 to 122.50. Resistance for the commodity lies in the zone of 123 to 123.50 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 125 to 125.50 where Fibonacci level is lying. During the week the commodity manages to hit a high of 123.65 and close the week around the levels of 121.10.

Support for the commodity lies in the zone of around 121.00 to 121.50 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 119.50 to 120 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 122 to 122.50. Resistance for the commodity lies in the zone of 123 to 123.50 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 125 to 125.50 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 119 – 120 on downside and 123 – 124 on upside.

Nickel Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Nickel for the week  (Aug 07, 2017 – Aug 11, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (659) closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 645 to 650. Support for the commodity lies in the zone of 625 to 630 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 605 to 610 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 648 and close the week around the levels of 659.

Minor support for the commodity lies in the zone of 645 to 650. Support for the commodity lies in the zone of 625 to 630 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 605 to 610 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 665 to 670 where 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 680 to 685 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 620 – 625 on downside & 680 – 685 on upside.

Lead Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Lead for the week  (Aug 07, 2017 – Aug 11, 2017) :

LEAD:

 

LEAD 1

 

LEAD (149.75) closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 149 to 150 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 152 to 154 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 151 and close the week around the levels of 150.

Support for the commodity lies in the zone of 145 to 146 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 150 to 151 where the commodity has formed a top in the month of July-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 153 to 155 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 145 – 146 on downside & 154 – 155 on upside.

Zinc Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Zinc for the week  (Aug 07, 2017 – Aug 11, 2017) :

ZINC:

 

ZINC 1

 

ZINC (179.20) closed the week on a positive note gaining around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying. During the week the commodity manages to hit a low of 176 and close the week around the levels of 179.

Support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

Copper Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 07, 2017 – Aug 11, 2017) :

COPPER:

 

COPPER 1

 

COPPER (406.70) closed the week on negative note losing around 0.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 400 to 403. Support for the commodity lies in the zone of 395 to 397 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 390 to 392 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 402 and close the week around the levels of 407.

Minor support for the commodity lies in the zone of 400 to 403. Support for the commodity lies in the zone of 395 to 397 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 390 to 392 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 390 – 393 on downside & 422 – 425 on upside.

Silver Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 07, 2017 – Aug 11, 2017) :

SILVER:

 

SILVER 1

 

SILVER (37262) closed the week on negative note losing around 3.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 38500 to 38600 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38800 to 39000 from where the commodity has sold off. During the week the commodity manages to hit a high of 38820 and close the week around the levels of 37262.

Support for the commodity lies in the zone of 37000 to 37200 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38500 to 38600 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 35500 – 35600 on downside & 38500 – 38600 on upside.

Gold Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Gold for the week  (Aug 07, 2017 – Aug 11, 2017) :

GOLD:

 

GOLD 1

 

GOLD (28465) closed the week on negative note losing around 0.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 28600 to 28700 where medium and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a high of 28666 and close the week around the levels of 28465.

Minor support for the commodity lies in the zone of 28350 to 28400. Support for the commodity lies in the zone of 28100 to 28200 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 27800 to 27900 where break out levels are lying.

Resistance for the commodity lies in the zone of 28600 to 28700 where medium and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 28900 to 29000 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 28000 – 28100 on downside & 29000 – 29100 on upside.

Natural Gas Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 31, 2017 – Aug 04, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (189.50) closed the week on negative note losing around 2.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying. During the week the commodity manages to hit a low of 186 and close the week around the levels of 189.50.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying.

Minor resistance for the commodity lies in the zone of 193 to 194. Resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (July 31, 2017 – Aug 04, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3192) closed the week on positive note gaining around 7.70%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 2900 to 2930. Support for the commodity lies in the zone of 2800 to 2830 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2700 to 2750 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 2936 and close the week around the levels of 3192.

Minor support for the commodity lies in the zone of 3150 to 3160. Support for the commodity lies in the zone of 3080 to 3100 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3000 to 3030 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 3200 to 3230 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3280 to 3300 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 3080 – 3100 on downside & 3280 – 3300 on upside.

Aluminium Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Aluminium for the week  (July 31, 2017 – Aug 04, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (121.15) closed the week on negative note losing around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 123 to 123.50 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 125 to 125.50 where Fibonacci level is lying. During the week the commodity manages to hit a high of 125.40 and close the week around the levels of 121.15.

Support for the commodity lies in the zone of around 121.00 to 121.50 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 119.50 to 120 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 122 to 122.50. Resistance for the commodity lies in the zone of 123 to 123.50 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 125 to 125.50 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 119 – 120 on downside and 123 – 124 on upside.

Nickel Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Nickel for the week  (July 31, 2017 – Aug 04, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (656.90) closed the week on positive note gaining around 7.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 625 to 630 from where the commodity broke down on weekly charts. If the commodity manages to close above these levels then the commodity can move to the levels of around 640 to 645. During the week the commodity manages to hit a high of 658 and close the week around the levels of 657.

Minor support for the commodity lies in the zone of 645 to 650. Support for the commodity lies in the zone of 625 to 630 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 605 to 610 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 665 to 670 where 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 680 to 685 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 620 – 625 on downside & 680 – 685 on upside.

Lead Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Lead for the week  (July 31, 2017 – Aug 04, 2017) :

LEAD:

 

LEAD 1

 

LEAD (147.65) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 146 to 148 where 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152 where the commodity has formed a short term top. During the week the commodity manages to hit a high of 150 and close the week around the levels of 148.

Support for the commodity lies in the zone of 145 to 146 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 143 where medium term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 149 to 150 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 152 to 154 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 140 – 142 on downside & 152 – 154 on upside.

Zinc Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Zinc for the week  (July 31, 2017 – Aug 04, 2017) :

ZINC:

 

ZINC 1

 

ZINC (178) closed the week on a positive note gaining around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying. During the week the commodity manages to hit a low of 177 and close the week around the levels of 178.

Support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

Copper Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Copper for the week  (July 31, 2017 – Aug 04, 2017) :

COPPER:

 

COPPER 1

 

COPPER (408.90) closed the week on positive note gaining around 5.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 390 to 391 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 395 to 397 where trend-line resistance for the commodity is lying. During the week the commodity manages to hit a high of 414 and close the week around the levels of 409.

Minor support for the commodity lies in the zone of 400 to 403. Support for the commodity lies in the zone of 395 to 397 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 390 to 392 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 390 – 393 on downside & 422 – 425 on upside.

Silver Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Silver for the week  (July 31, 2017 – Aug 04, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38460) closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 37950 to 38000. Support for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37000 to 37200 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 37652 and close the week around the levels of 38460.

Minor support for the commodity lies in the zone of 37950 to 38000. Support for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37000 to 37200 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 38500 to 38600 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38800 to 39000 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39300 – 39500 on upside.

Gold Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Gold for the week  (July 31, 2017 – Aug 04, 2017) :

GOLD:

 

GOLD 1

 

GOLD (28580) closed the week on positive note gaining around 0.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 28600 to 28700 where medium and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a high of 28610 and close the week around the levels of 28580.

Minor support for the commodity lies in the zone of 28350 to 28400. Support for the commodity lies in the zone of 28100 to 28200 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 27800 to 27900 where break out levels are lying.

Resistance for the commodity lies in the zone of 28600 to 28700 where medium and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 28900 to 29000 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 28000 – 28100 on downside & 29000 – 29100 on upside.

Natural Gas Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 24, 2017 – July 28, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.40) closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a high of 201 and close the week around the levels of 193.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying.

Resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (July 24, 2017 – July 28, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (2965) closed the week on negative note losing around 0.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3000 to 3030 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3080 to 3100 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 3084 and close the week around the levels of 2965.

Minor support for the commodity lies in the zone of 2900 to 2930. Support for the commodity lies in the zone of 2800 to 2830 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2700 to 2750 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 3000 to 3030 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3080 to 3100 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 2850 – 2880 on downside & 3080 – 3100 on upside.

Aluminium Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Aluminium for the week  (July 24, 2017 – July 28, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (122.45) closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 123.50 to 124. Resistance for the commodity lies in the zone of 125 to 125.50 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 126.50 to 127 where the commodity has formed a top in the month of May-2017. During the week the commodity manages to hit a high of 124.20 and close the week around the levels of 122.45.

Support for the commodity lies in the zone of around 121.00 to 121.50 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 119.50 to 120 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 123 to 123.50 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 125 to 125.50 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 120 – 121 on downside and 124 – 125 on upside.

Nickel Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Nickel for the week  (July 24, 2017 – July 28, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (613.20) closed the week on absolutely flat note.

As we have mentioned last week, that the commodity has closed just above the major resistance zone of 608 to 610 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of around 625 to 635 from where the commodity broke down on weekly charts. During the week the commodity manages to hit a high of 627 and close the week around the levels of 613.

Minor support for the commodity lies in the zone of 605 to 608. Support for the commodity lies in the zone of 595 to 598 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 585 to 587 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 625 to 630 from where the commodity broke down on weekly charts. If the commodity manages to close above these levels then the commodity can move to the levels of around 640 to 645.

Broad range for the commodity in the coming week can be seen between 590 – 595 on downside & 625 – 630 on upside.

Lead Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Lead for the week  (July 24, 2017 – July 28, 2017) :

LEAD:

 

LEAD 1

 

LEAD (143.30) closed the week on negative note losing around 3.30%.

As we have mentioned last week that support for the commodity lies in the zone of 143 to 145 where medium & 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 139 to 140 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 140 and close the week around the levels of 143.

Support for the commodity lies in the zone of 142 to 143 where medium term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 139 to 140 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 146 to 148 where 200 daily moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 135 – 137 on downside & 150 – 152 on upside.

Zinc Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Zinc for the week  (July 24, 2017 – July 28, 2017) :

ZINC:

 

ZINC 1

 

ZINC (177.55) closed the week on a negative note losing around 1.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying. During the week the commodity manages to hit a low of 175 and close the week around the levels of 178.

Support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

Copper Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Copper for the week  (July 24, 2017 – July 28, 2017) :

COPPER:

 

COPPER 1

 

COPPER (389) closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 385 to 387 where the commodity has formed a top in the month of May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 390 to 391 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 392 and close the week around the levels of 389.

Minor support for the commodity lies in the zone of 385 to 387. Support for the commodity lies in the zone of 380 to 382 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 377 where short, medium and 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 390 to 391 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 395 to 397 where trend-line resistance for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 378 – 380 on downside & 397 – 399 on upside.

Silver Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Silver for the week  (July 24, 2017 – July 28, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38150) closed the week on positive note gaining around 3.20%.

As we have mentioned last week that resistance for the commodity lies in the zone of 36800 to 37000. If the commodity manages to close above these levels then the commodity can move to the levels of 37500 to 37700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 38170 and close the week around the levels of 38150.

Minor support for the commodity lies in the zone of 37950 to 38000. Support for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37000 to 37200 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 38500 to 38600 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38800 to 39000 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 37000 – 37200 on downside & 38800 – 39000 on upside.

Gold Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Gold for the week  (July 24, 2017 – July 28, 2017) :

GOLD:

 

GOLD 1

 

GOLD (28541) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 27900 to 28000 where the commodity has formed a bottom in the month of March-2017 & May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 28200 to 28300 where Fibonacci level is lying. During the week the commodity manages to hit a high of 28559 and close the week around the levels of 28541.

Minor support for the commodity lies in the zone of 28350 to 28400. Support for the commodity lies in the zone of 28100 to 28200 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 27800 to 27900 where break out levels are lying.

Resistance for the commodity lies in the zone of 28600 to 28700 where medium and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 28900 to 29000 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 28000 – 28100 on downside & 29000 – 29100 on upside.

Natural Gas Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 17, 2017 – July 21, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (192.30) closed the week on positive note gaining around 3.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 184 to 185 where lows for the month of June-2017 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 186 and close the week around the levels of 192.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying.

Resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (July 17, 2017 – July 21, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (2990) closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 2880 to 2900 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3000 to 3030 where short term moving averages are lying. During the week the commodity manages to hit a high of 3010 and close the week around the levels of 2990.

Minor support for the commodity lies in the zone of 2900 to 2930. Support for the commodity lies in the zone of 2800 to 2830 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2700 to 2750 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 3000 to 3030 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3080 to 3100 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 2850 – 2880 on downside & 3080 – 3100 on upside.

Aluminium Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Aluminium for the week  (July 17, 2017 – July 21, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (123.10) closed the week on negative note losing around 1.10%.

As we have mentioned last week that minor support for the commodity lies in the zone of 123.50 to 124. Support for the commodity lies in the zone of around 122.50 to 123 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 120.50 to 121 where Fibonacci levels and 200 Daily moving averages are lying. During the week the commodity manages to hit a low of 120.90 and close the week around the levels of 123.10.

Support for the commodity lies in the zone of around 122.50 to 123 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 120.50 to 121 where Fibonacci levels and 200 Daily moving averages are lying.

Minor resistance for the commodity lies in the zone of 123.50 to 124. Resistance for the commodity lies in the zone of 125 to 125.50 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 126.50 to 127 where the commodity has formed a top in the month of May-2017.

Broad range for the commodity in the coming week can be seen between 121 – 122 on downside and 125 – 126 on upside.

Zinc Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Zinc for the week  (July 17, 2017 – July 21, 2017) :

ZINC:

 

ZINC 1

 

ZINC (179.30) closed the week on a negative note losing around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying. During the week the commodity manages to hit a low of 177 and close the week around the levels of 179.

Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying.

Minor resistance for the commodity lies in the zone of 183 to 184. Resistance for the commodity lies in the zone of 188 to 190 where channel resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 198 where the commodity has formed a top in the month of February-2017.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

Nickel Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Nickel for the week  (July 17, 2017 – July 21, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (612.60) closed the week on positive note gaining around 5.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 580 to 583 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 555 to 560 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 573 and close the week around the levels of 613.

Minor support for the commodity lies in the zone of 600 to 603. Support for the commodity lies in the zone of 580 to 583 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 555 to 560 where the commodity has formed a short term bottom.

The commodity has closed just above the major resistance zone of 608 to 610 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of around 625 to 635 from where the commodity broke down on weekly charts.

Broad range for the commodity in the coming week can be seen between 590 – 595 on downside & 625 – 630 on upside.

Lead Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Lead for the week  (July 17, 2017 – July 21, 2017) :

LEAD:

 

LEAD 1

 

LEAD (148.20) closed the week on absolutely flat note.

As we have mentioned last week that support for the commodity lies in the zone of 143 to 145 where medium & 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 139 to 140 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 146 and close the week around the levels of 148.

Support for the commodity lies in the zone of 143 to 145 wh