Tag Archives: commodity research

Natural Gas Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 22, 2018 – Jan 25, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where break out levels are lying. During the week the commodity manages to hit a low of 195 and close the week around the levels of 203.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where break out levels are lying.

Resistance for the commodity lies in the zone of 202 to 205 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 225 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 225 – 230 on upside.

Crude Oil Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Crude Oil for the week  (Jan 22, 2018 – Jan 25, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 3950 to 4000. Support for the commodity lies in the zone of 3800 to 3850 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 3580 to 3630 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 4011 and close the week around the levels of 4038.

Minor support for the commodity lies in the zone of 3950 to 4000. Support for the commodity lies in the zone of 3800 to 3850 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 3580 to 3630 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the commodity lies in the zone of 4080 to 4120. Resistance for the commodity lies in the zone of 4150 to 4200 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 4300 to 4350.

Broad range for the commodity in the coming week can be seen between 3900 – 3950 on downside & 4150 – 4200 on upside.

Aluminium Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Aluminium for the week  (Jan 22, 2018 – Jan 25, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 141 to 142. Resistance for the commodity lies in the zone of 144 to 146 where the commodity has formed a top in the month of July-2008. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152. During the week the commodity manages to hit a high of 145 and close the week around the levels of 142.

Minor support for the commodity lies in the zone of 139 to 140. Support for the commodity lies in the zone of around 134 to 136 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 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 141 to 142. Resistance for the commodity lies in the zone of 144 to 146 where the commodity has formed a top in the month of July-2008. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152.

Broad range for the commodity in the coming week can be seen between 133 – 135 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Nickel for the week  (Jan 22, 2018 – Jan 25, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 780 to 790 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 760 to 765 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 782 and close the week around the levels of 808.

Support for the commodity lies in the zone of 780 to 790 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 760 to 765 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 815 to 820 where 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 the commodity has formed a top in the month of November-2017.

Broad range for the commodity in the coming week can be seen between 770 – 780 on downside & 835 – 840 on upside.

Lead Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Lead for the week  (Jan 22, 2018 – Jan 25, 2018) :

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 162 to 163. 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. During the week the commodity manages to hit a high of 168 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 156 to 158 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 152 to 154 where Fibonacci levels 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 – 158 on downside & 172 – 175 on upside.

Zinc Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Zinc for the week  (Jan 22, 2018 – Jan 25, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226. During the week the commodity manages to hit a high of 221 and close the week around the levels of 219.

Minor support for the commodity lies in the zone of 214 to 215. Support for the commodity lies in the zone of 207 to 209 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 around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 220 to 222. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227.

Broad range for the commodity in the coming week can be seen between 208 – 210 on downside & 225 – 227 on upside.

Copper Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Copper for the week   (Jan 22, 2018 – Jan 25, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 0.60%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 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 475 to 480. During the week the commodity manages to hit a high of 462 and close the week around the levels of 450.

Support for the commodity lies in the zone of 445 to 448 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 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 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 475 to 480.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 465 – 470 on upside.

Silver Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Silver for the week  (Jan 22, 2018 – Jan 25, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 38700 to 38800 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 38000 to 38100 where break out levels are lying. During the week the commodity manages to hit a low of 38573 and close the week around the levels of 38969.

Support for the commodity lies in the zone of 38500 to 38600 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 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39200 to 39300 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Gold for the week  (Jan 22, 2018 – Jan 25, 2018) :

GOLD:

 

GOLD 1

 

GOLD 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 29300 to 29350 where medium term moving averages are 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. During the week the commodity manages to hit a low of 29550 and close the week around the levels of 29755.

Minor support for the commodity lies in the zone of 29500 to 29550. Support for the commodity lies in the zone of 29300 to 29350 where medium term moving averages are 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.

Resistance for the commodity lies in the zone of 29900 to 30000 where high for the month of October-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30200 to 30300 where Fibonacci levels and high for the month of September-2017 is lying.

Broad range for the commodity in the coming week can be seen between 29200 – 29300 on downside & 30200 – 30300 on upside.

Natural Gas Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 15, 2018 – Jan 19, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 15.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 181 to 184. Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long 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 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 205 and close the week around the levels of 204.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where break out levels are lying.

Resistance for the commodity lies in the zone of 202 to 205 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 225 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 220 – 225 on upside.

Crude Oil Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Crude Oil for the week  (Jan 15, 2018 – Jan 19, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3960 to 4000 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 4100 to 4200. During the week the commodity manages to hit a high of 4123 and close the week around the levels of 4065.

Minor support for the commodity lies in the zone of 3950 to 4000. Support for the commodity lies in the zone of 3800 to 3850 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 3580 to 3630 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 4150to 4200 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 4300 to 4350.

Broad range for the commodity in the coming week can be seen between 3900 – 3950 on downside & 4200 – 4250 on upside.

Aluminium Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Aluminium for the week  (Jan 15, 2018 – Jan 19, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that support for the commodity lies in the zone of around 134 to 136 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 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying. 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 134 to 136 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 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 141 to 142. Resistance for the commodity lies in the zone of 144 to 146 where the commodity has formed a top in the month of July-2008. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152.

Broad range for the commodity in the coming week can be seen between 133 – 135 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Nickel for the week  (Jan 15, 2018 – Jan 19, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL 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 815 to 820 where 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 the commodity has formed a top in the month of November-2017. During the week the commodity manages to hit a high of 838 and close the week around the levels of 804.

Support for the commodity lies in the zone of 780 to 790 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 760 to 765 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 815 to 820 where 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 the commodity has formed a top in the month of November-2017.

Broad range for the commodity in the coming week can be seen between 770 – 780 on downside & 835 – 840 on upside.

Lead Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Lead for the week  (Jan 15, 2018 – Jan 19, 2018) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 0.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 162 to 163. 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. During the week the commodity manages to hit a high of 166 and close the week around the levels of 162.

Minor support for the commodity lies in the zone of 157 to 158. Support for the commodity lies in the zone of 152 to 154 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 162 to 163. 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 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Zinc for the week  (Jan 15, 2018 – Jan 19, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 1.80%.

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 205 to 207 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 around 200 to 202 where break out levels are lying. During the week the commodity manages to hit a low of 213 and close the week around the levels of 217.

Minor support for the commodity lies in the zone of 214 to 215. Support for the commodity lies in the zone of 207 to 209 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 around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 205 – 207 on downside & 225 – 227 on upside.

Copper Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Copper for the week   (Jan 15, 2018 – Jan 19, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 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 475 to 480. During the week the commodity manages to hit a high of 461 and close the week around the levels of 453.

Support for the commodity lies in the zone of 442 to 445 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 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 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 475 to 480.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 465 – 470 on upside.

Silver Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Silver for the week  (Jan 15, 2018 – Jan 19, 2018) :

SILVER:

 

SILVER 1

 

SILVER 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 38700 to 38800 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 38000 to 38100 where break out levels are lying. During the week the commodity manages to hit a low of 38666 and close the week around the levels of 39063.

Support for the commodity lies in the zone of 38700 to 38800 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 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39200 to 39300 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Gold for the week  (Jan 15, 2018 – Jan 19, 2018) :

GOLD:

 

GOLD 1

 

GOLD closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 29300 to 29350 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 29600 to 29700 Fibonacci levels and highs for the month of November-2017 is lying. During the week the commodity manages to hit a high of 29580 and close the week around the levels of 29547.

Support for the commodity lies in the zone of 29300 to 29350 where medium term moving averages are 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.

Resistance for the commodity lies in the zone of 29600 to 29700 Fibonacci levels and highs for the month of November-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 29900 to 30000 where high for the month of October-2017 is lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 29900 – 30000 on upside.

Natural Gas Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Natural Gas for the week   ( Jan 08, 2018 – Jan 12, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 6.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long 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 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 197 and close the week around the levels of 177.

Support for the commodity lies in the zone of 171 to 173 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 165 to 167 from where the commodity has broken out on monthly basis.

Minor resistance for the commodity lies in the zone of 181 to 184. Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long 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 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

Crude Oil Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Crude Oil for the week  ( Jan 08, 2018 – Jan 12, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL 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 3960 to 4000 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 4100 to 4200. During the week the commodity manages to hit a high of 3950 and close the week around the levels of 3887.

Minor support for the commodity lies in the zone of 3820 to 3850. Support for the commodity lies in the zone of 3700 to 3730 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 3580 to 3630 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 3960 to 4000 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 4100 to 4200.

Broad range for the commodity in the coming week can be seen between 3700 – 3730 on downside & 3950 – 4000 on upside.

Aluminium Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Aluminium for the week  ( Jan 08, 2018 – Jan 12, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 2.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 144 to 146 where the commodity has formed a top in the month of July-2008. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152. During the week the commodity manages to hit a high of 145 and close the week around the levels of 139.

Support for the commodity lies in the zone of around 134 to 136 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 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 141 to 142. Resistance for the commodity lies in the zone of 144 to 146 where the commodity has formed a top in the month of July-2008. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152.

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 (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Nickel for the week  ( Jan 08, 2018 – Jan 12, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL 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 780 to 790 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 815 to 820. During the week the commodity manages to hit a high of 815 and close the week around the levels of 794.

Support for the commodity lies in the zone of 780 to 790 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 760 to 765 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 815 to 820 where 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 the commodity has formed a top in the month of November-2017.

Broad range for the commodity in the coming week can be seen between 750 – 760 on downside & 835 – 840 on upside.

Lead Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Lead for the week  ( Jan 08, 2018 – Jan 12, 2018) :

LEAD:

 

LEAD 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 157 to 158. Support for the commodity lies in the zone of 152 to 154 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 159 and close the week around the levels of 162.

Minor support for the commodity lies in the zone of 157 to 158. Support for the commodity lies in the zone of 152 to 154 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 162 to 163. 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 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Zinc for the week  ( Jan 08, 2018 – Jan 12, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226. During the week the commodity manages to hit a high of 215 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 205 to 207 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 around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Copper for the week   ( Jan 08, 2018 – Jan 12, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 2.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 465 to 467 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 475 to 480. During the week the commodity manages to hit a high of 468 and close the week around the levels of 453.

Support for the commodity lies in the zone of 442 to 445 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 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 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 475 to 480.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 465 – 470 on upside.

Silver Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Silver for the week  ( Jan 08, 2018 – Jan 12, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39300 to 39400 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying. During the week the commodity manages to hit a high of 39372 and close the week around the levels of 39253.

Support for the commodity lies in the zone of 38700 to 38800 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 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39300 to 39400 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Gold for the week  ( Jan 08, 2018 – Jan 12, 2018) :

GOLD:

 

GOLD 1

 

GOLD closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 28900 to 29000 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 28000 to 28100 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 29061 and close the week around the levels of 29217.

Support for the commodity lies in the zone of 28900 to 29000 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 28000 to 28100 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 29300 to 29350 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 29600 to 29700 Fibonacci levels and highs for the month of November-2017 is lying.

Broad range for the commodity in the coming week can be seen between 28600 – 28700 on downside & 29700 – 29800 on upside.

Natural Gas Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Natural Gas for the week   Jan 01, 2018 – Jan 05, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 11.60%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 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 190 to 195 where Fibonacci levels and short, medium & long 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 190.

Support for the commodity lies in the zone of 180 to 183 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 165 to 167 from where the commodity has broken out on monthly basis.

Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long 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 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 200 – 205 on upside.

Crude Oil Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Crude Oil for the week  Jan 01, 2018 – Jan 05, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

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

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 3750 to 3760. Resistance for the commodity lies in the zone of 3800 to 3830 where the commodity has formed a top in the month of November-2017. 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. During the week the commodity manages to hit a high of 3863 and close the week around the levels of 3850.

Minor support for the commodity lies in the zone of 3780 to 3800. Support for the commodity lies in the zone of 3580 to 3630 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 3500 to 3520 where break out levels are lying.

Resistance for the commodity lies in the zone of 3960 to 4000 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 4100 to 4200.

Broad range for the commodity in the coming week can be seen between 3700 – 3730 on downside & 3950 – 4000 on upside.

Aluminium Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Aluminium for the week  Jan 01, 2018 – Jan 05, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM 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 140 to 142 where the commodity has formed a top in the month of November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150. During the week the commodity manages to hit a high of 146 and close the week around the levels of 143.

Minor support for the commodity lies in the zone of 140 to 141. Support for the commodity lies in the zone of around 134 to 136 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 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying.

Resistance for the commodity lies in the zone of 144 to 146 where the commodity has formed a top in the month of July-2008. If the commodity manages to close above these levels then the commodity can move to the levels of 150 to 152.

Broad range for the commodity in the coming week can be seen between 132 – 134 on downside and 150 – 152 on upside.

Nickel Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Nickel for the week  Jan 01, 2018 – Jan 05, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL 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 775 to 780 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 810 to 815. During the week the commodity manages to hit a high of 792 and close the week around the levels of 783.

Support for the commodity lies in the zone of 755 to 760 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 740 to 745 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 780 to 790 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 815 to 820.

Broad range for the commodity in the coming week can be seen between 750 – 760 on downside & 810 – 820 on upside.

Lead Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Lead for the week  Jan 01, 2018 – Jan 05, 2018) :

LEAD:

 

LEAD 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 157 to 158. Support for the commodity lies in the zone of 152 to 154 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 158 and close the week around the levels of 160.

Minor support for the commodity lies in the zone of 157 to 158. Support for the commodity lies in the zone of 152 to 154 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 162 to 163. 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 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Zinc for the week  Jan 01, 2018 – Jan 05, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226. During the week the commodity manages to hit a high of 213 and close the week around the levels of 211.

Minor support for the commodity lies in the zone of 207 to 209. Support for the commodity lies in the zone of 200 to 202 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 196 to 198 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Copper for the week   Jan 01, 2018 – Jan 05, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 465 to 467 where the commodity has formed a top in the month of October-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480. During the week the commodity manages to hit a high of 472 and close the week around the levels of 466.

Support for the commodity lies in the zone of 454 to 456 from where the commodity broke out of November-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 442 to 445 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 465 to 467 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 475 to 480.

Broad range for the commodity in the coming week can be seen between 450 – 455 on downside & 475 – 480 on upside.

Silver Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Silver for the week  Jan 01, 2018 – Jan 05, 2018) :

SILVER:

 

SILVER 1

 

SILVER 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 38000 to 38100 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 38600 to 38700 from where the commodity has broken down from double bottom pattern and short term moving averages are lying. During the week the commodity manages to hit a high of 39313 and close the week around the levels of 39237.

Support for the commodity lies in the zone of 38700 to 38800 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 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39300 to 39400 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Gold for the week  Jan 01, 2018 – Jan 05, 2018) :

GOLD:

 

GOLD 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 28900 to 29000 where Fibonacci level 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 29300 to 29350 where medium term moving averages are lying. During the week the commodity manages to hit a high of 29175 and close the week around the levels of 29156.

Support for the commodity lies in the zone of 28900 to 29000 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 28000 to 28100 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 29300 to 29350 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 29600 to 29700 Fibonacci levels and highs for the month of November-2017 is lying.

Broad range for the commodity in the coming week can be seen between 28600 – 28700 on downside & 29700 – 29800 on upside.

Natural Gas Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 26, 2017 – Dec 29, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 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 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. During the week the commodity manages to hit a high of 181 and close the week around the levels of 170.

Support for the commodity lies in the zone of 165 to 167 from where the commodity has broken out on monthly basis. If the commodity manages to close below these levels then the commodity can witness a major break down and commodity can drift to the levels of 150 to 153.

Minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 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 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 155 – 160 on downside & 185 – 190 on upside.

Crude Oil Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 26, 2017 – Dec 29, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 3730 to 3760. Resistance for the commodity lies in the zone of 3800 to 3830 where the commodity has formed a top in the month of November-2017. 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. During the week the commodity manages to hit a high of 3745 and close the week around the levels of 3737.

Minor support for the commodity lies in the zone of 3680 to 3700. Support for the commodity lies in the zone of 3580 to 3620 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 3500 to 3520 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 3750 to 3760. Resistance for the commodity lies in the zone of 3800 to 3830 where the commodity has formed a top in the month of November-2017. 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 3600 – 3630 on downside & 3850 – 3880 on upside.

Aluminium Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Dec 26, 2017 – Dec 29, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 6.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 134 to 136 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 140 to 142 where the commodity has formed a top in the month of November-2017. During the week the commodity manages to hit a high of 140 and close the week around the levels of 140.

Support for the commodity lies in the zone of around 134 to 136 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 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying.

Resistance for the commodity lies in the zone of 140 to 142 where the commodity has formed a top in the month of November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 148 – 150 on upside.

Nickel Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Nickel for the week  (Dec 26, 2017 – Dec 29, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels 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 around 775 to 780 from where the commodity has broken down. During the week the commodity manages to hit a high of 779 and close the week around the levels of 770.

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 720 to 725 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 775 to 780 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 810 to 815.

Broad range for the commodity in the coming week can be seen between 745 – 750 on downside & 800 – 810 on upside.

Lead Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Lead for the week  (Dec 26, 2017 – Dec 29, 2017) :

LEAD:

 

LEAD 1

 

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

As we have mentioned last week, that 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. During the week the commodity manages to hit a high of 165 and close the week around the levels of 159.

Minor support for the commodity lies in the zone of 157 to 158. Support for the commodity lies in the zone of 152 to 154 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 161 to 163. 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 150 – 152 on downside & 166 – 168 on upside.

Zinc Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Zinc for the week  (Dec 26, 2017 – Dec 29, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 2.00%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 202 to 204. Support for the commodity lies in the zone of 196 to 198 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 188 to 190 where long term moving averages are lying. During the week the commodity manages to hit a low of 203 and close the week around the levels of 209.

Minor support for the commodity lies in the zone of 205 to 207. Support for the commodity lies in the zone of 200 to 202 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 196 to 198 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 26, 2017 – Dec 29, 2017) :

COPPER:

 

COPPER 1

 

COPPER 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 450 to 453 where the commodity is facing resistance in the month of Nov-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 465 to 467 where the commodity has formed a top in the month of October-2017. During the week the commodity manages to hit a high of 460 and close the week around the levels of 460.

Support for the commodity lies in the zone of 450 to 453 from where the commodity broke out of November-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 442 to 445 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 465 to 467 where the commodity has formed a top in the month of October-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 475 – 480 on upside.

Silver Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 26, 2017 – Dec 29, 2017) :

SILVER:

 

SILVER 1

 

SILVER 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 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down. During the week the commodity manages to hit a high of 38058 and close the week around the levels of 37954.

Support for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 36900 to 37000 where the commodity has taken support in the month of August-2017.

Resistance for the commodity lies in the zone of 38000 to 38100 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 38600 to 38700 from where the commodity has broken down from double bottom pattern and short term moving averages are lying.

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 (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Gold for the week  (Dec 26, 2017 – Dec 29, 2017) :

GOLD:

 

GOLD 1

 

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

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 28500 to 28600. Resistance for the commodity lies in the zone of 28900 to 29000 where Fibonacci level 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 29300 to 29350 where short term moving averages are lying. During the week the commodity manages to hit a high of 28666 and close the week around the levels of 28653.

Minor support for the commodity lies in the zone of 28400 to 28500. Support for the commodity lies in the zone of 28000 to 28100 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 27500 to 27600 where the commodity has bounced in the month of July-2017.

Resistance for the commodity lies in the zone of 28900 to 29000 where Fibonacci level 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 29300 to 29350 where medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 28000 – 28100 on downside & 28900 – 29000 on upside.

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

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

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 7.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where the commodity has formed a bottom in the month of February-2017. During the week the commodity manages to hit a low of 166 and close the week around the levels of 167.

Support for the commodity lies in the zone of 165 to 167 from where the commodity has broken out on monthly basis. If the commodity manages to close below these levels then the commodity can witness a major break down and commodity can drift to the levels of 150 to 153.

Minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 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 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 150 – 155 on downside & 180 – 185 on upside.

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

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

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying. During the week the commodity manages to hit a low of 3601 and close the week around the levels of 3669.

Support for the commodity lies in the zone of 3580 to 3610 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 3500 to 3520 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 3730 to 3760. Resistance for the commodity lies in the zone of 3800 to 3830 where the commodity has formed a top in the month of November-2017. 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 3500 – 3550 on downside & 3850 – 3900 on upside.

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

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

ALUMINIUM:

 

ALUMINIUM 1

 

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

As we have mentioned last week, that support for the commodity lies in the zone of around 129 to 131 from where the commodity broke out of March-2017 highs 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 125 to 127 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 128 and close the week around the levels of 132.

Support for the commodity lies in the zone of around 129 to 131 from where the commodity broke out of March-2017 highs 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 125 to 127 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 134 to 136 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 140 to 142 where the commodity has formed a top in the month of November-2017.

Broad range for the commodity in the coming week can be seen between 124 – 126 on downside and 138 – 140 on upside.

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

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

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 4.60%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 720 to 725. Resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels 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 around 775 to 780 from where the commodity has broken down. During the week the commodity manages to hit a high of 744 and close the week around the levels of 739.

Minor support for the commodity lies in the zone of 720 to 725. Support for the commodity lies in the zone of 700 to 705 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 670 to 675 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels 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 around 775 to 780 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 700 – 705 on downside & 770 – 775 on upside.

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

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

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 160 to 162. 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. 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 148 to 150 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 154 – 156 on downside & 170 – 172 on upside.

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

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

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 202 to 204 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 208 to 210 where short term moving averages are lying. During the week the commodity manages to hit a high of 207 and close the week around the levels of 205.

Minor support for the commodity lies in the zone of 202 to 204. Support for the commodity lies in the zone of 196 to 198 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 188 to 190 where long term moving averages are lying.

Resistance for the commodity lies in the zone of 208 to 210 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 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside & 216 – 218 on upside.

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

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

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 425 to 427 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 415 to 418 where break out levels and Fibonacci levels are lying. During the week the commodity manages to hit a low of 425 and close the week around the levels of 446.

Support for the commodity lies in the zone of 434 to 436 where medium 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 450 to 453 where the commodity is facing resistance in the month of Nov-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 465 to 467 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 430 – 435 on downside & 455 – 460 on upside.

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

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

SILVER:

 

SILVER 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down. During the week the commodity manages to hit a high of 37548 and close the week around the levels of 37205.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 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 Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

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

EquityPandit’s Outlook for Gold for the week  (Dec 18, 2017 – Dec 22, 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 28500 to 28600 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28000 to 28100 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 28055 and close the week around the levels of 28254.

Support for the commodity lies in the zone of 28000 to 28100 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 27500 to 27600 where the commodity has bounced in the month of July-2017.

Minor resistance for the commodity lies in the zone of 28500 to 28600. Resistance for the commodity lies in the zone of 28900 to 29000 where Fibonacci level 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 29300 to 29350 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 27500 – 27600 on downside & 28600 – 28700 on upside.

Natural Gas Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 11, 2017 – Dec 15, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 9.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 203 to 206 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 212 to 215 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 202 and close the week around the levels of 180.

Support for the commodity lies in the zone of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where the commodity has formed a bottom in the month of February-2017.

Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 203 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 168 on downside & 200 – 205 on upside.

Crude Oil Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 11, 2017 – Dec 15, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 3710 to 3730. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying. During the week the commodity manages to hit a low of 3604 and close the week around the levels of 3692.

Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 3700 to 3750. Resistance for the commodity lies in the zone of 3800 to 3830 where the commodity has formed a top in the month of November-2017. 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 3500 – 3550 on downside & 3850 – 3900 on upside.

Aluminium Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Dec 11, 2017 – Dec 15, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM 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 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 126 to 128 where long term moving averages are lying. During the week the commodity manages to hit a low of 129 and close the week around the levels of 130.

Support for the commodity lies in the zone of around 129 to 131 from where the commodity broke out of March-2017 highs 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 125 to 127 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 133 to 135 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 138 to 140 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 124 – 126 on downside and 135 – 137 on upside.

Nickel Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Nickel for the week  (Dec 11, 2017 – Dec 15, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 3.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 700 to 710 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 around 670 to 675 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 693 and close the week around the levels of 706.

Support for the commodity lies in the zone of 700 to 705 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 670 to 675 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 720 to 725. Resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels 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 around 775 to 780 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 670 – 680 on downside & 730 – 740 on upside.

Lead Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Lead for the week  (Dec 11, 2017 – Dec 15, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 3.80%.

As we have mentioned last week, that 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 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 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 156 and close the week around the levels of 158.

Support for the commodity lies in the zone of 154 to 156 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 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 160 to 162. 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 148 – 150 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Zinc for the week  (Dec 11, 2017 – Dec 15, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 5.10%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 198 and close the week around the levels of 199.

Support for the commodity lies in the zone of 196 to 198 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 188 to 190 where long term moving averages are lying.

Resistance for the commodity lies in the zone of 202 to 204 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 208 to 210 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 188 – 190 on downside & 208 – 210 on upside.

Copper Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 11, 2017 – Dec 15, 2017) :

COPPER:

 

COPPER 1

 

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

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 423 and close the week around the levels of 428.

Support for the commodity lies in the zone of 425 to 427 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 415 to 418 where break out levels and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 440 to 443 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 415 – 418 on downside & 440 – 443 on upside.

Silver Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 11, 2017 – Dec 15, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017. During the week the commodity manages to hit a low of 36872 and close the week around the levels of 37055.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 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 Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Gold Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Gold for the week  (Dec 11, 2017 – Dec 15, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on negative note losing around 2.30%.

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 28471 and close the week around the levels of 28533.

Support for the commodity lies in the zone of 28500 to 28600 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28000 to 28100 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 28900 to 29000 where Fibonacci level 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 29300 to 29350 where short term moving averages are 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 (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 04, 2017 – Dec 08, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 9.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 197 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 208 and close the week around the levels of 199.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017.

Resistance for the commodity lies in the zone of 203 to 206 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 212 to 215 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 215 – 220 on upside.

Crude Oil Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 04, 2017 – Dec 08, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.20%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 3720 to 3750. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying. During the week the commodity manages to hit a low of 3660 and close the week around the levels of 3762.

Minor support for the commodity lies in the zone of 3710 to 3730. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 3800 to 3830. Resistance for the commodity lies in the zone of 3940 to 3980 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 4200 to 4250.

Broad range for the commodity in the coming week can be seen between 3600 – 3630 on downside & 3900 – 3930 on upside.

Aluminium Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Dec 04, 2017 – Dec 08, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 2.30%.

As we have mentioned last week, that support for the commodity lies in the zone of around 133 to 134 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 130 and close the week around the levels of 134.

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 126 to 128 where long term moving averages are lying.

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 126 – 128 on downside and 143 – 145 on upside.

Nickel Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Nickel for the week  (Dec 04, 2017 – Dec 08, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 5.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 760 to 765. Support for the commodity lies in the zone of 745 to 750 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 around 700 to 710 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 707 and close the week around the levels of 731.

Support for the commodity lies in the zone of 700 to 710 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 around 670 to 675 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels 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 around 775 to 780 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 670 – 680 on downside & 770 – 780 on upside.

Lead Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Lead for the week  (Dec 04, 2017 – Dec 08, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 154 to 156 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 148 to 150 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 164.

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 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 148 to 150 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 154 – 156 on downside & 170 – 172 on upside.

Zinc Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Zinc for the week  (Dec 04, 2017 – Dec 08, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 0.20%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 202 and close the week around the levels of 210.

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 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 04, 2017 – Dec 08, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 1.70%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a high of 452 and close the week around the levels of 444.

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 – 433 on downside & 453 – 456 on upside.

Silver Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 04, 2017 – Dec 08, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 4.20%.

As we have mentioned last week, that 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 38600 to 38700 where the commodity has formed a low in the month of October-2017. During the week the commodity manages to hit a low of 37300 and close the week around the levels of 37582.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 38000 to 38100 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 38600 to 38700 from where the commodity has broken down from double bottom pattern.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Gold Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Gold for the week  (Dec 04, 2017 – Dec 08, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on negative note losing around 0.60%.

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 28950 and close the week around the levels of 29209.

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 29400. Resistance for the commodity lies in the zone of 29600 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 28500 – 28600 on downside & 29600 – 29700 on upside.

Natural Gas Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 27, 2017 – Dec 01, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 10.30%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 180 and close the week around the levels of 182.

Support for the commodity lies in the zone of 175 to 177 where the commodity has formed a bottom in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 170 to 172 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 197 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 166 – 168 on downside & 195 – 197 on upside.

Crude Oil Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 27, 2017 – Dec 01, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 3600 to 3630. 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. During the week the commodity manages to hit a low of 3636 and close the week around the levels of 3807.

Minor support for the commodity lies in the zone of 3720 to 3750. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying.

Resistance for the commodity lies in the zone of 3940 to 3980 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 4200 to 4250.

Broad range for the commodity in the coming week can be seen between 3700 – 3730 on downside & 3900 – 3930 on upside.

Aluminium Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Nov 27, 2017 – Dec 01, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

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

As we have mentioned last week, that 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. During the week the commodity manages to hit a high of 137 and close the week around the levels of 137.

Support for the commodity lies in the zone of around 133 to 134 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 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Nickel for the week  (Nov 27, 2017 – Dec 01, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL 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 770 to 780 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 800 to 810 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 779 and close the week around the levels of 774.

Minor support for the commodity lies in the zone of 760 to 765. Support for the commodity lies in the zone of 745 to 750 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 around 700 to 710 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 775 to 780 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 800 to 810 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 730 – 740 on downside & 800 – 810 on upside.

Lead Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Lead for the week  (Nov 27, 2017 – Dec 01, 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 medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 156 and close the week around the levels of 160.

Support for the commodity lies in the zone of 154 to 156 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 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 160 to 161. 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 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Zinc for the week  (Nov 27, 2017 – Dec 01, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 0.80%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 206 and close the week around the levels of 210.

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 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 27, 2017 – Dec 01, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 2.70%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 443 to 445. 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. During the week the commodity manages to hit a high of 452 and close the week around the levels of 452.

Minor support for the commodity lies in the zone of 445 to 447. 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 440 – 443 on downside & 463 – 466 on upside.

Silver Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 27, 2017 – Dec 01, 2017) :

SILVER:

 

SILVER 1

 

SILVER 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 39700 to 39800 where long term moving averages 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 and long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 39162 and close the week around the levels of 39241.

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 38600 to 38700 where the commodity has formed a low in the month of October-2017.

Resistance for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40200 to 40300 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 38500 – 38600 on downside & 40000 – 40100 on upside.

Gold Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Gold for the week  (Nov 27, 2017 – Dec 01, 2017) :

GOLD:

 

GOLD 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 29400 to 29450. 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 29276 and close the week around the levels of 29380.

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 29600 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 28800 – 28900 on downside & 29600 – 29700 on upside.

Natural Gas Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 20, 2017 – Nov 24, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS 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 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. During the week the commodity manages to hit a low of 199 and close the week around the levels of 203.

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.

Minor resistance for the commodity lies in the zone of 206 to 208. 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 & 212 – 215 on upside.

Crude Oil Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 20, 2017 – Nov 24, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.20%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a high of 3742 and close the week around the levels of 3667.

Minor support for the commodity lies in the zone of 3600 to 3630. 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 & 3800 – 3830 on upside.

Aluminium Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Nov 20, 2017 – Nov 24, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM 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 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 136.

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 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Nickel for the week  (Nov 20, 2017 – Nov 24, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 4.80%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a high of 820 and close the week around the levels of 751.

Support for the commodity lies in the zone of 745 to 750 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 around 700 to 710 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 770 to 780 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 800 to 810 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 700 – 710 on downside & 780 – 790 on upside.

Lead Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Lead for the week  (Nov 20, 2017 – Nov 24, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 3.50%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 156 and close the week around the levels of 159.

Support for the commodity lies in the zone of 154 to 156 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 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 160 to 161. 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 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Zinc for the week  (Nov 20, 2017 – Nov 24, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 1.80%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 204 and close the week around the levels of 209.

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 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 20, 2017 – Nov 24, 2017) :

COPPER:

 

COPPER 1

 

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

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 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 436 and close the week around the levels of 440.

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.

Minor resistance for the commodity lies in the zone of 443 to 445. 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 – 433 on downside & 450 – 453 on upside.

Silver Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 20, 2017 – Nov 24, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a high of 40208 and close the week around the levels of 40013.

Support for the commodity lies in the zone of 39700 to 39800 where long term moving averages 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 and long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40650 to 40750 where Fibonacci levels and top for the month of October-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41300 to 41500 from where the commodity has sold off in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 39000 – 39100 on downside & 41500 – 41600 on upside.

Gold Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Gold for the week  (Nov 20, 2017 – Nov 24, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that 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. During the week the commodity manages to hit a low of 29351 and close the week around the levels of 29690.

Minor support for the commodity lies in the zone of 29400 to 29450. 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 29600 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 29100 – 29200 on downside & 30100 – 30200 on upside.

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.