Thursday, December 26, 2019

Mcx Metal Market Report: 27th December 2019


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

 ----------------------------------------------------------------------------------------------------------------

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:


No comments: