Gold trading projected high range for the day is 26157-26338
Gold trading projected low range for the day is 26106-25925
Major Resistance on upside at 26256-26420-26584
Trend Deciding Level at 26058
Major Support on downside at 25894-25696-25532
SILVER MCX JUL:
Silver trading projected high range for the day is 43292-43842
Silver trading projected low range for the day is 42921-42371
Major Resistance on upside at 43629-44054-44481
Trend Deciding Level at 42955
Major Support on downside at 42529-41855-41429
CRUDE MCX MAY
Crude trading projected high range for the day is 5215-5267
Crude trading projected low range for the day is 5178-5126
Major Resistance on upside at 5247-5287-5326
Trend Deciding Level at 5183
Major Support on downside at 5143-5079-5034
COPPER MCX JUNE:
Copper trading projected high range for the day is 401-406
Copper trading projected low range for the day is 399-394
Major Resistance on upside at 404-407-411
Trend Deciding Level at 399
Major Support on downside at 395-390-387
NICKEL MCX MAY:
Nickel trading projected high range for the day is 817-821
Nickel trading projected low range for the day is 818-814
Major Resistance on upside at 819-824-828
Trend Deciding Level at 816
Major Support on downside at 811-808-803
LEAD MCX MAY:
Lead trading projected high range for the day is 109.22-110.45
Lead trading projected low range for the day is 108.15-106.92
Major Resistance on upside at 110-111-112
Trend Deciding Level at 108.43
Major Support on downside at 108-106-106
ZINC MCX MAY
Zinc trading projected high range for the day is 99.70-100.33
Zinc trading projected low range for the day is 99.48-98.85
Major Resistance on upside at 100-100.60-101.15
Trend Deciding Level at 99.35
Major Support on downside at 98.80-98.1-97.55
NATURAL GAS MCX MAY:
Natural Gas trading projected high range for the day is 220-226
Natural Gas trading projected low range for the day is 225-219
Major Resistance on upside at 221-228-235
Trend Deciding Level at 218
Major Support on downside at 212-208-202
MENTHA OIL MCX MAY:
Mentha Oil trading projected high range for the day is 914-924
Mentha Oil trading projected low range for the day is 919-909
Major Resistance on upside at 918-929-940
Trend Deciding Level at 910
Major Support on downside at 899-891-880
TODAY INTRADAY CALLS TO WATCH:
CRUDE OIL MCX MAY SELL BELOW 5197 SL 5230 TGT 5158-5135
NATURAL GAS MCX APR BUY ABOVE 218.30 SL 215.80 TGT 220.50-223.50
COPPER MCXJUNE SELL BELOW 399.50 SL 402.50 TGT 396.50-394.50
TODAY MAJOR ECONOMIC RELEASES:-
DATE |
TIME |
REGION |
EVENT |
PERIOD |
SURVEY |
PRIOR |
IMPACT |
17-05-2013 |
05:20 |
JN |
Machine Orders (MoM) |
Mar |
3.30% |
7.50% |
Positive |
17-05-2013 |
11:30 |
EC |
EU27 New Car Registrations |
Apr |
— |
-10.20% |
Negative |
17-05-2013 |
14:30 |
EC |
Construction Output SA MoM |
Mar |
— |
-0.80% |
Negative |
17-05-2013 |
19:25 |
US |
U. of Michigan Confidence |
May P |
77.9 |
76.4 |
S. Positive |
17-05-2013 |
19:30 |
US |
Leading Indicators |
Apr |
0.20% |
-0.10% |
Positive |