Monday, December 30, 2019

Mcx Metal Market Report: 31st December 2019


Insignia Consultants
New Delhi
Tuesday, 31 December 2019
TIME 8:35 AM IST                         

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MCX METALS MARKET REPORT
To me every day is a celebration or a New Year Day. The words which I constantly remind myself are “metamorphosis” and “minimum”. Metamorphosis means change. Life and financial markets are in a period of constant change and we adapt the changing circumstances. The quicker we adapt to changes in financial markets, the more we make profit. Human body is a process of quick adaption to changes. Human body is in a constant state of “metamorphosis” and so is financial markets. The word “minimum” to me has vast usage. For my esteemed clients the “minimum” profit needed which I need to ensure they are able to generate with “minimum risk”. For my personal life the “minimum savings” which I need to sustain myself from unknown exigencies. “Minimum Food” which I need to have to be healthy and not overeat. “Minimum exercise” which I need daily to be healthy. To me the list for “minimum” is endless. (I am realist and please do not read the word “minimum” with a pessimistic angle”).
Trend for gold and silver is bullish at the moment. Copper, nickel and other industrial metals are in a neutral zone. MCX is open Full day on 1st January.  Direction of the rupee against the US dollar will be the key till tomorrow apart from global factors.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 71.3200: Usd/inr needs to trade over 71.3625 today to rise to 71.4550 and 71.6050. Sellers will be there below 71.2250 to 71.1050 and 70.9675. Range bound trade should be there today but for some unforeseen demand on the last day of the calendar year.
(For Trading Report, Whatsapp @9311139549)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
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Sunday, December 29, 2019

Mcx Metal Market Report: 30th December 2019


Insignia Consultants
New Delhi
Monday, 30 December 2019
TIME 9:34 AM IST                         

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MCX METALS MARKET REPORT
Thank you everyone for your support year too. Since founding “Inisgnia Consultants” in May 2003, I have been making changing changes (every year) to ensure that our clients are updated with all the information to make maximum profit. “To err is humane”. There have been days where our views on some metals, energy or currency bombarded. Still our clients have supported us. Thank you for the same.
In my view 2020 will be the best year for trading in all metals, energies and currency markets. Momentum for gold, silver, copper and crude oil is bullish. Thin trading volumes will be there till 2nd January. Big day will be 3rd January due to various US jobs numbers.
MCX is open Full day on 1st January.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 71.3250: I expect rupee to trade with a weaker this week too. Hundred day moving average at 71.2975 is the initial support with 71.1725 as key weekly support. Rupee can rise to 71.6525 and 71.8500 this week as long as it trades over 71.1725. Sell off will be there below 71.1725. There is every reason that rupee should weaken against the US dollar. I have not found any reason for rupee to gain against the US dollar, except economic optimism for 2020.
(For Trading Report, Whatsapp @9311139549)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below:


Thursday, December 26, 2019

Mcx Metal Market Report: 27th December 2019


Insignia Consultants
New Delhi
Friday, 27 December 2019
TIME 10:11 AM IST                       

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MCX METALS MARKET REPORT -- It is better to late than be called late later. Please do not drink and drive in the holiday time.
Look for signs of profit taking in all metals and energies today. Trading volumes in MCX will reduce as traders go on vacations or be in holiday mood. Momentum for gold and crude oil is bullish. Industrial metals December futures are expiring next week. One needs to be very careful in industrial metals trading. Next week should see big price moves in all metals. Do not incur trading losses today and get ready for next week.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 71.2575: Rupee needs to trade over 71.1950 to rise to 71.3250 and 71.4550. Seller will be there below 71.1950 to 71.0950 and 71.0050. More or less a range bound trade. News will be the key.
(For Trading Report, Whatsapp @9311139549)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below:


Wednesday, December 25, 2019

Mcx Metal Market Report: 26th December 2019


Insignia Consultants
New Delhi
Thursday, 26 December 2019
TIME 10:27 AM IST                       

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MCX METALS MARKET REPORT
Gold and silver opened higher as global prices opened higher Asia. Industrial metals are firm as well. Thin volumes and other year end reasons have been rendered useless. I had written in the daily report (for subscribers) to take year end trend seriously. I am right as of now. . Copper and industrial metals should rise on higher Chinese demand before the Chinese New Year towards end January. Industrial metals should remain firm on expectation of higher Chinese demand. Crude oil is showing no signs of falling.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 71.2725: Key resistance is at 71.3050 is the key resistance. A break of 71.3050 will result in 71.5150 and 71.8300. I expect rupee to trade with a weaker bias till next week on continued issues within the NDA government.
(For Trading Report, Whatsapp @9311139549)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below:


Monday, December 23, 2019

Mcx Metal Market Report: 24th December 2019


Insignia Consultants
New Delhi
Tuesday, 24 December 2019
TIME 9:05 AM IST                         

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MCX METALS MARKET REPORT
Gold and silver have opened higher. There will be short covering if gold and silver continue to rise today. Crude oil and copper are in a neutral zone. Tomorrow MCX is closed. Traders will start taking positions for Thursday. Trading volumes will be thin from today till 2nd January 2020. So far positive economic news or trade war reduction news has not resulted in any fall in gold and silver. Year on Year returns on MCX gold futures will be high if gold price remain over 38000 till 31st December. 2019 returns in MCX gold futures will not be matched in 2020.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 71.2225: Key resistance is at 71.2775 is the key resistance. A break of 71.2775 will result in 71.5150 and 71.8300. Rupee should trade with a weaker bias for the rest of the year and in early January as NDA government is getting wiped out in every state elections and other local elections. Sellers today will be there below 71.0950.
(For Trading Report, Whatsapp @9311139549)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below:



Sunday, December 22, 2019

Mcx Metal Market Report: 23rd December 2019


Insignia Consultants
New Delhi
Monday, 23 December 2019
TIME 10:03 AM IST                       

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MCX METALS MARKET REPORT
Gold and silver are trading higher today. Crude oil is flat. Natural gas still fall before December future close. Copper and zinc are also trading lower. Rupee is slightly weak. Position squaring and rebuilding will be there for next quarter and next calendar year. Globally there is not much news.
I will prefer to remain on the sidelines today. Copper and NG if they fall today will test key short term technical support. Nickel if it rises today will test key long term resistance. Boom or bust time for crude oil till Thursday.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 71.1500: Spot value date shifts to Thursday. Hundred day moving average at 71.2775 is the key resistance. A break of 71.2775 will result in 71.5150 and 71.8300. There will be short covering if usd/inr rises today and tomorrow. This week rupee needs to trade over 70.9500 to be in bullish zone.
If the rupee weakens today, then all MCX metals and energies will remain firm unless globally they crash.
(For Trading Report, Whatsapp @9311139549)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below: