Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Commodities

| More

Fundamental & Technical Outlook for 2nd Week of May on Base Metal

Posted On: 2014-05-03 19:51:45

Mr. Vivek Gupta - Director Research - CapitalVia Global Research Limited

Copper prices fell to a two-week low, following the release of disappointing data on China's manufacturing sector and after Federal Reserve decided to taper its monthly bond-buying program by $10 billion for the fourth consecutive meeting. The Asian nation is the world's largest copper consumer, accounting for almost 40% of world consumption last year.

Trend of MCX Copper June future is in consolidation and also sustaining in range. For the coming week, it could face major resistance of 418/430 whereas 400/389 could be a major support in MCX Copper. For the next week trader may follow sell on higher levels strategy, if MCX Copper future sustain below 406 levels then it could test the level of 400/392.


Source: Equity Bulls

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





Other Headlines:

Supply glut woes jump; oil markets slump: Angel Commodities Broking
Guar prices declines on good rain forecast and weak crude oil prices: Angel Commodities Broking
Commodities Perspective - Normalization of its balance sheet, the new agenda for US FED: Angel Commodities Broking
Cotton trade in a range in 2017, may drop on higher production and lesser exports forecast: Angel Commodities Broking
Currency Perspective - RBI cuts inflation projections on the back of robust monsoon season: Angel Commodities Broking
Chinese economic woes hurt metals in May'17: Angel Commodities Broking
GST for precious metals and diamonds finally fixed at 3%: Angel Commodities Broking
Double whammy of Steel and crude oil hits Nickel: Angel Commodities Broking
Cardamom surge 10.8% in a week on heavy rains in Kerala: Angel Commodities Broking
Oil prices - a game of inventories: Angel Commodities Broking
OPEC output cuts falls short of expectations: Angel Commodities Broking
Turmeric prices rise on short covering and lower level buying: Angel Commodities Broking
Weak Copper Demand from China, A Positive Outlook for India - Mr. Alireza Moghaddam, Chairman, AMIDT Group
Base metals bear the brunt of macro economic woes: Angel Broking
NCDEX coriander sinks to 15 months low on higher supplies: Angel Broking
Oil in a Catch 22 situation - will prices recovers? - Angel Broking
Gold movement ahead of Akshaya Tritiya - Aurobinda Prasad Gayan, VP Research at Kotak Commodities
Sugar prices to remain under check on stock limits, imports and higher production forecast for next year: Angel Broking
Uncertainty will continue to drive precious metals higher: Angel Broking
Castor seed prices rise on lower production forecast and short covering: Angel Broking
Edible oil prices under pressure in 2017: Angel Broking
Cotton looks bearish on higher stocks, good acreage forecast; weather will be the key: Angel Broking
Geo-political risks lift oil prices: Angel Broking
Geo-political risk and uncertainty in US policy and increase in speculative activity cheers gold prices: Angel Broking
Jeera bullish on lower production, higher exports: Angel Broking
High supplies drag oilseed prices lower: Angel Broking
Sugar sector balance sheets set to turn sweeter - CRISIL
Sugar prices heading for highest weekly gains in 3 months: Angel Broking
Jeera price surge to two month high on higher export prospects: Angel Broking
Supply concerns ease; Copper sneeze: Angel Broking
Castor seed surges on weaker output, higher exports prospects: Angel Broking
Cotton prices to stay firm despite recent correction: Angel Broking
Oil prices at three month lows - Will it recover? Angel Broking
Gold prices heading for a correction now - Angel Broking
Gold prices heading for a correction now: Angel Broking
RMseed prices rise mostly on short covering and rolling over: Angel Broking
Edible oil continue to fall on Commodity Exchanges: Angel Broking
NCDEX Guarseed and Refsoyoil may trade higher: Angel Broking
Views on Cotton - Geofin Comtrade
Gold not likely to glitter in 2016 - Amit Rathi
View on Sugar - Ms. Pallavi Munankar - Research Analyst, Geofin Comtrade Ltd.
Views on Gold schemes - Geofin Comtrade Ltd.
'Gold exposed to further pressures' - ForexTime.com
Views of Geofin Comtrade Ltd on SEBI-FMC merger
Cabinet's approval on Gold monetization and Sovereign Gold Bond Scheme - Geofin Comtrade Ltd
View On Gold: AnandRathi Commodities Ltd
Bullions, Base Metal & Energy - Geofin Comtrade Ltd.
Global crude oil price of Indian Basket was US$ 59.19 per bbl on 26.02.2015
Raw Sugar Export Incentive - A Helping Hand for the Sugar Industry
Trend of MCX Copper November future is in consolidation


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

disclaimer copyright © 2005 - 2017