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Commodity daily levels (23-August)

Weekly Commodity Levels- Get the datails you need to make profit in Commodity Market

Neshasingh
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Commodity daily levels (23-August)

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  1. August 23, 2021 Daily Commodity Levels COMMODITY OUTLOOK Daily Commodity Market Updates News in headlines:  Oil Up, Reverses Seven-Day Losing Streak as Investor Bargain-Hunt Oil prices rebound from 7-day losing streak as investors snap up bargains Brent Oil Steady at Open After Longest Losing Streak Since 2018 Chart of the day: GOLD is trading near to resistance area of 47500-47800 and if it closes above given level successfully then it may see further upside towards 48000-48500 zone otherwise if it slips below 4700 then it may head towards 46500-46000 zone. Technical View: Bullion: Day trend is indicating sideways to downside in Gold and Silver. Energy: Day trend is indicating downtrend in Crude oil. And support in Natural gas. Base metals: Day trend in base metal is indicating downside move. research@swastika.co.in 1 www.swastika.co.in

  2. August 23, 2021 Daily Commodity Levels Pivot levels for MCX Bullion: COMMODITY R3 R2 R1 PP S1 S2 S3 TREND AT RESISTANCE 47647 47512 47335 47200 47023 46888 46711 GOLD AT SUPPORT 63378 62849 62285 61756 61192 60663 60099 SILVER SIDEWAYS TO DOWNSIDE 14277 14220 14154 14097 14031 13974 13908 BULLDEX Pivot levels for MCX Energy: COMMODITY R3 R2 R1 PP S1 S2 S3 TREND 4876 4827 4733 4684 4590 4541 4447 DOWNTREND CRUDEOIL 316.3 312.0 307.9 303.6 299.5 295.2 291.1 AT SUPPORT NATURALGAS Pivot levels for MCX Metals: COMMODITY R3 R2 R1 PP S1 S2 S3 TREND SIDEWAYS 209.0 208.0 206.9 206.0 204.9 203.9 202.8 ALUMINIUM SIDEWAYS 1430.8 1422.9 1412.6 1404.7 1394.4 1386.5 1376.2 NICKEL SIDEWAYS 250.8 249.3 247.8 246.3 244.8 243.3 241.8 ZINC DOWNTREND 721.9 712.2 706.1 696.4 690.3 680.6 674.5 COPPER AT REISTANCE 181.3 180.6 179.9 179.2 178.5 177.8 177.1 LEAD DOWNTREND 15451.0 15382.0 15316.0 15247.0 15181.0 15112.0 15046.0 METLDEX research@swastika.co.in 2 www.swastika.co.in

  3. August 23, 2021 Daily Commodity Levels Important Data Today: Flash Manufacturing PMI.(USD)(7.15pm) Flash Services PMI (USD)(7.15pm) 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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