Tuesday, August 27, 2019

Mcx Zinc Report: 28th August 2019


Insignia Consultants
New Delhi
Tuesday, 27 August 2019
TIME 9:21AM IST                          

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MCX CRUDE OIL REPORT

I see an inverse correlation between gold prices and crude oil. Crude oil is fundamentally bearish. Trade war news will be the key to crude oil as well as gold price trend.
Crude oil 19th September 2019: (previous day close/CMP Rs.3886.00)
  1. Crude oil needs to trade over 3820 to rise to 3990-4056.
  2. Crash will be there only below 3820.
  3. Remain on the sidelines today,
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
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NOTES TO THE ABOVE REPORT
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