Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Commodities

| More

Base Metals - July 27, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Posted On: 2020-07-27 08:42:14


Base metals complex traded higher with Nickel, Aluminium and Zinc rose the most while Copper prices ended marginal down for the week.

Nickel prices at LME rose by more than 3% on demand recovery hopes after Goldman Sachs raised its prices outlook after Tesla Inc founder Elon Musk promised a giant long term contract with nickel mining companies.

Copper prices traded under pressure on demand growth concerns amid political tensions between US and China. The rise in geopolitical tensions may impact future trade pacts. Copper inventories at SHFE fell by 963 to 157684 tonnes during the week. LME Copper prices have touched strong resistance near $6645 at 76.4% retracement levels of previous fall.

We expect Copper prices to trade in current range with support at $6240 per tonne. MCX Copper August futures have near term resistance at Rs. 512 per KG with support at Rs. 490 per KG for short term. MCX Nickel has important resistance at Rs. 1060 and support at Rs. 1020 in short term.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Gold - August 7, 2020 Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Crude Oil - August 7, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Silver - Mr. Prathamesh Mallya, AVP - Research, Non-Agri Commodities and Currencies, Angel Broking Ltd

Gold - August 5, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

GOLD - Mr. Prathamesh Mallya, AVP - Research, Non-Agri Commodities and Currencies, Angel Broking Ltd

Crude Oil - August 5, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - August 4, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - August 4, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Base Metals - Aug 3, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Gold - Aug 3, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Crude Oil - Aug 3, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Gold - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Crude Oil - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Gold - July 29, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 29, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 28, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 28, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 27, 2020 Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 27, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 24, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 24, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Gold - July 23, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 23, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers on Gold

Gold - July 22, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 22, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Base Metals - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 20, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil - July 20, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 17, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 16, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 16, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Silver - July 16, 2020 - Mr. Anuj Gupta, DVP - Commodities and Currencies Research, Angel Broking Ltd

Gold - July 15, 2020 - Angel Broking

Gold - July 15, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil - July 15, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil Markets - OPEC Meeting - Angel Broking

Gold - July 14, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil - July 14, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Gold - July 13, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Base Metals - July 13, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Crude Oil - July 13, 2020 - Mr. Tapan Patel - Senior Analyst - Commodities, HDFC securities

Gold - July 10, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil - July 10, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Gold - July 9, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil - July 9, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Gold - July 8, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities

Crude Oil - July 8, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Gold - July 7, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Crude Oil - July 7, 2020 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC securities







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019