Monday, March 23, 2020
MCX Metals Market Report: 24th March 2020
MCX Metals Market Report: 24th March 2020 http://www.insigniaconsultants.in/Reports/Index/1703/mcx-metals-market-report-24th-march-2020
Thursday, March 19, 2020
Mcx Metals Market Report : 20th March 2020
Insignia Consultants
New Delhi
Friday, 20 March 2020
.TIME
9:51 AM IST
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MCX METALS MARKET REPORT Gold, silver, copper and crude oil are rising after open. Rupee is flat against the US dollar. Jewelery demand virtually zero. Big indian summers jewelery demand was supposed to be started from navratras next week. Marriages in April has been postponed. The next three weeks are very crucial for India on corona virus spread. I just hope it stops. If virus spreads in a big way in india, then gold demand will be zero to negative. Some people might be to forced to sell gold in order to survive.
There will be position squaring and rebuilding for next week.
Crude oil 20th April 2020: (previous day close/CMP Rs.2082.00)
1. Crude can rise to 2350 as
long as it trades over 1970.
2. Crash today will be there
below 1970.
Daily view on US Dollar-Indian Rupee (usd/inr) spot:
Current price: 74.8825: Key resistance is at 75.1175. A break of 75.1175 will result in
75.3650 and 75.6250. Rupee will zoom if it trades over 751175 today. Sellers
will be there below 74.6325 today. (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
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, March 18, 2020
Mcx Metals Market Report : 19th March 2020
Insignia Consultants
New Delhi
Thursday, 19 March 2020
TIME
9:23 AM IST
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MCX METALS MARKET REPORT Industrial metals sold off yesterday and are selling today at open. Gold has also opened lower. In Mumbai, bullion dealers and jewelers of Zaveri Bazar will keep their shops closed from today to 22nd March (Sunday) in view of the corona virus. Mumbai is just the beginning. More and more traditional sarafa bazar in different cities will be forced to closed down if the corona virus spreads. “Jaan hai to Jahaan hai” is the message right now.
Momentum and trend is down for all industrial metals. Long term key supports have been breached. Technically all are oversold. One needs to trade very carefully. Now are seeing people running for cash. World was seeing this last week.
Gold-silver price gap continues to rise and is currently at Rs.5181.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 74.5550: Rupee can rise to 74.8875 and 75.1125 as long as it trades over 74.3625. Nifty trading below 8,000 will have serious negative impact on the rupee. Globally there is shortage of US dollar. US dollar Index is at 101.75 reflects its safe haven status.
(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
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, March 16, 2020
Mcx Metals Market Report : 17th March 2020
Insignia Consultants
New Delhi
Tuesday, 17 March 2020
TIME
8:47 AM IST
----------------------------------------------------------------------------------------------------------------
MCX METALS MARKET REPORT Yesterday gold-silver price difference started from Rs.200 and rose over Rs.3000 during the day. Closing price difference was at Rs.3311. Gold will be the investors and traders choice and not silver. Yesterday’s price crash for gold and silver should result in rise in jewelry demand in India. Jewelers were reeling under the higher price shock till last week. Finally some relief for jewelers.
Volatility can rise for another day. Copper recovered from the lows. Nickel also recovered from the lows. Volatility in global financial markets is affecting MCX metals and MCX energies. Companies with large expenditure on petrol and diesel should hedge in MCX future. The strange part is India still does not permit trading in far dated crude oil futures and natural gas futures even as MCX near eighteenth anniversary. Trade very carefully.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 74.0050: RBI did not cut interest rate yesterday despite all kinds of speculation. Rupee is still overvalued in REER terms. Some weakness till 75.0000 should not worry corporates. By now most companies have hedge their forex corporate debt. With zero interest rates worldwide, it is very easy to get a forex debt. Technically 73.8050-74.5650 is the wider trading range. Crash till Friday will be there below 73.8050.
(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, March 12, 2020
Mcx Metals Market Report : 13th March 2020
Insignia Consultants
New Delhi
Friday, 13 March 2020
TIME
9:31 AM IST
----------------------------------------------------------------------------------------------------------------
MCX METALS MARKET REPORT Fears is driving investors. No investment is safe at the moment. It is difficult to comment as to how long this will last. Patience is needed at the moment. This week’s price moves in gold and silver suggest that even they are not safe havens. However gold prices have fallen much less than plunge in stock prices.
Very few have seen nifty plunge so much. We are just experiencing history.
Nickel 31st March 2020: (previous day close/CMP Rs.889.60):
1.
Crash will be there below 863.20 to 822.90.
2.
Nickel has to trade over 875-890 zone to be in
intraday bullish zone.
Daily view on US Dollar-Indian Rupee (usd/inr) spot:
Current price: 74.4200: Key resistance is at 74.4825. A break of 74.4825 will result in
74.7725 and 75.0150. A lot of call option triggers will be there in case rupee
breaks past 74.8000 anytime till Monday. Trend is up. Look for signs of profit
taking in rupee long positions before the day’s close. Key support is at
74.0950. (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, March 08, 2020
Mcx Metals Market Report : 9th March 2020
Insignia Consultants
New Delhi
Friday, 06 March 2020
TIME
9:48 AM IST
----------------------------------------------------------------------------------------------------------------
MCX
METALS MARKET REPORT - Saabhi ko Holi ki Raam RaamCrude oil and natural gas opened at lower circuit. Gold opened higher and thereafter crashed. Industrial metals opened lower but did not crash. Corona virus fears is driving investors and traders all towards safe havens.
Volatility will be very high. One needs to trade very carefully. Tomorrow is “holi”. Trading volumes in MCX will reduce in the evening. There can be abrupt one way move price in all MCX metals and all MCX energies.
MCX will close at 11:30pm from today.
Daily view on US Dollar-Indian Rupee (usd/inr) spot: Current price: 73.9475: As long as rupee does not break and trade over 74.7575 (for the rest of March) it can fall to 72.5050 and 71.2525. Immediate resistance is at 74.2750.
(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:
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