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Commodity daily levels (16-Feb.)

COPPER is consolidating in the range of 773-766 where move above 773 can lead some upside towards 777-782 while if it slips below 766 it may head towards 760-757 zone.

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Commodity daily levels (16-Feb.)

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  1. February 16, 2022 Daily Commodity Levels COMMODITY OUTLOOK Daily Commodity Market Updates News in headlines: Oil retreats from 7-year high as Russia says it withdraws some troops Oil Inventories Fall by Less-Than-Expected 1.1M Barrels Last Week: API Gold Loses Some Premium Over Ukraine-Russia, But Inflation Limits Lows Chart of the day: COPPPER: COPPER is consolidating in the range of 773-766 where move above 773 can lead some upside towards 777-782 while if it slips below 766 it may head towards 760-757 zone. . Technical View: Bullion: Day trend is indicating sideways in Gold & Silver. Energy: Day trend is indicating sideways in Crude oil & sideways in Natural gas. Base metals: Day trend in base metal is indicating sideways to upside. research@swastika.co.in 1 www.swastika.co.in

  2. February 16, 2022 Daily Commodity Levels Pivot levels for MCX Bullion: COMMODITY R3 R2 R1 PP S1 S2 S3 TREND AT RESISTANCE 51158 50742 50063 49647 48968 48552 47873 GOLD AT RESISTANCE 66293 65446 64218 63371 62143 61296 60068 SILVER AT RESISTANCE 14965 14839 14631 14505 14297 14171 13963 BULLDEX Pivot levels for MCX Energy: COMMODITY R3 R2 R1 PP S1 S2 S3 TREND AT RESISTANCE CRUDEOIL 7479 7334 7113 6968 6747 6602 6381 SIDEWAYS NATURALGAS 348.03 341.17 330.53 323.67 313.03 306.17 295.53 7065 6973 6922 6830 6779 6687 6636 AT RESISTANCE MCXENRGDEX Pivot levels for MCX Metals: COMMODITY R3 R2 R1 PP S1 S2 S3 TREND SIDEWAYS 267.05 263.60 261.35 257.90 255.65 252.20 249.95 ALUMINIUM SIDEWAYS NICKEL 1895 1865 1822 1792 1750 1720 1677 SIDEWAYS ZINC 315.72 312.08 306.02 302.38 296.32 292.68 286.62 SIDEWAYS 784.20 778.00 774.05 767.85 763.90 757.70 753.75 COPPER SIDEWAYS 187.77 186.88 186.37 185.48 184.97 184.08 183.57 LEAD SIDEWAYS 19277 19119 18917 18759 18557 18399 18197 METLDEX research@swastika.co.in 2 www.swastika.co.in

  3. February 16, 2022 Daily Commodity Levels Important Data Today: Core Retail Sales m/m (USD)(Time:07.00pm) Retail Sales m/m (USD)(Time:07.00pm) Industrial Production m/m (USD)(Time:07.45pm) Crude Oil Inventories(USD)(Time:09.00pm) DISCLAIMER: Disclaimer: This document is solely for the personal information of the intended recipient and must not be exceptionally used as the basis for any investment decision. Nothing in this document should be construed as investment, Legal, taxation or financial advice. Swastika Investmart Ltd. is not soliciting any action based upon it. Each recipient of this document should make necessary investigations as they consider important to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document (including the merits and risks involved). This report has been made based on information that we consider reliable and are publicly available but we do not state that it is accurate or complete and it should not be solely relied upon such, as this document is for. Swastika Investmart Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to time, make investment decisions that are inconsistent with or contradictory to the recommendations expressed herein. The views contained in this document are those of the analyst, and the company may or may not subscribe to all the views expressed within this document. Swastika Investmart Limited or any of its affiliates/ group companies, or employees shall not be in any way held responsible for any loss or damage that may arise to any person from any inadverten terror in the information contained in this report. CORPORATE & ADMINISTRATIVE OFFICE - 48, Jaora Compound, M.Y.H. Road, Indore - 452 001 | Phone0731 - 6644000 / 3345000 Compliance Officer: Ms. Sheetal Duraphe Email: compliance@swastika.co.inPhone: (0731) 6644 241 Swastika Investmart Limited, SEBI Regn. No. : NSE - INB/F/E 231129736, BSE - INB/F 011129732, MSEI - INE 261129736, INB/F 261129739, NSDL & CDSL - IN-DP-115-2015, NCDEX & MCX : INZ000072532, Investment Advisor Regn. No. – INA000009843. research@swastika.co.in 3 www.swastika.co.in

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