.
. About sQuareindia   |  Careers   |  Patents   |   ISO 9001:2008 Certified

 WhatNext ???



-Apr 19th, 2014

Jyothi Rao Anadula
Senior Research Analyst
sQuareindia Advisory Pvt. Ltd.

"Gold prices could rise to $1318 to $1342 and Silver upto $20.68 to $21.20" -PrataP Kumar Kolagatla, Chairman, sQuareindia Group

Gold : 21 responded this week, 12 see prices up, while 7 see prices down, and 2 see prices unchanged. especially Trading range will be between $1,265-$1,357 levels.

S1:1283.50 S2 :1275 S3:1260.75
R1:1302.45 R2:1318 R3:1342.50

Silver : Silver Prices remain volatile, but the tone toward the metal remains high, especially Trading range will be between $18.15-$.21.79 levels.


S1:19.36 S2 :18.98 S3:18.15
R1:20.08 R2:20.87 R3:21.76

Crude : 15 of 25 analysts, forecast Crude Oil will rise in next week. 2 respondents predicted that futures will be little changed and 8 said the contract will fall.

S1:104.75 S2 :103.60 S3:103.15
R1:104.88 R2:105.24 R3:105.70

Copper : 10 of 15 analysts, investors and traders surveyed, said the metal will fall next week. while 3 see prices down, and 3 see prices unchanged. Copper may trade in next week up to 377.70-432.50 levels.

MCX Gold JUN : Now support for the Gold is seen at 28350 and below could see a test of 28135-27625 Resistance is now likely to be seen at 28636 a move above could see prices testing 28850-29230.

S1:28350 S2 :28170 S3:27625
R1:28636 R2:28850 R3:29230

MCX Silver MAY : Now support for the silver is seen at 41600 and below could see a test of 40257-38942 Resistance is now likely to be seen at 43450 a move above could see prices testing 44658-46835.

S1:41600 S2:40257 S3:38942
R1:43450 R2:44658 R3:46835

MCX Crude Oil APR : Now support for the Crude is seen at 6220 and below could see a test of 6002. Resistance is now likely to be seen at 6358, a move above could see prices testing 6435-6505.

S1:6220 S2:6170 S3:6002
R1:6358 R2:6435 R3:6505

MCX Copper APR : Now support for Copper is seen at 402.50 and below could see a test of 395.55-380.70. Resistance is now likely to be seen at 412.85, a move above could see prices testing 417.40-426.55

S1:402.50 S2:395.55 S3:380.70
R1:412.85 R2:417.40 R3:426.55

MCX Zinc APR : Now support for the Zinc is seen at 122.55 and below could see a test of 119.10-114.25. Resistance is now likely to be seen at 126.50, a move above could see prices testing 128.95-131.80

S1:122.55 S2:119.10  S3:114.25
R1:126.50 R2:128.95 R3:131.80

MCX Lead APR : Now support for the Lead is seen at 126.65 and below could see a test of 124.80-120.25. Resistance is now likely to be seen at 130.20, a move above could see prices testing 132.95-135.80

S1:126.65 S2:124.80  S3:120.25
R1:130.20 R2:132.95 R3:135.80

MCX Nickel APR : Now support for the Nickel is seen at 1050.65 and below could see a test of 1012.80-965.25. Resistance is now likely to be seen at 1102.20, a move above could see prices testing 1118.95-1135.80

S1:1050.65  S2:1012.80  S3:965.25
R1:1102.20  R2:1118.95 R3:1135.80

MCX NG APR : Now support for the Natural Gas is seen at 378.65 and below could see a test of 366.80-245.25. Resistance is now likely to be seen at 293.20, a move above could see prices testing 304.95-312.80

S1:278.65 S2:266.80  S3:245.25
R1:293.20 R2:304.95 R3:312.80

 
      APR 22nd:
      Existing Home Sales:
     
Previous: 4.60M Forecast: 4.57M
      Actual > Forecast = Good for Dollar
      APR 23rd:
      New Home Sales:
     
Previous: 440K Forecast: 455K
      Actual > Forecast = Good for Dollar
      APR 23rd:
      Crude Oil Inventories:
     
Previous: 10.0M Forecast: 5.0M
      APR 24th:
      Core Durable Goods Orders m/m:
     
Previous: 0.1% Forecast: 0.6%
      Actual > Forecast = Good for Dollar
      APR 24th:
      Unemployment Claims:
     
Previous: 304k Forecast: 309k
      Actual < Forecast = Good for Dollar
      APR 25th:
      Revised UoM Consumer Sentiment:
  
    Previous: 82.6 Forecast: 83.2
      Actual > Forecast = Good for Dollar


 

 
  Innovations Free Services Premium Services Stay Connected Customer Support About Us
             
  Patents MissCall Alerts Ultimate Pack Facebook Call Us Vision
  ISO Certification SMS Alerts Premium Twitter Mail Us Principle
    Twitter Alerts Professional Plus Google Fax Us Code of Conduct
    VoiceVedha (IVRS) Professional Linkedin Feedback We Believe
    Tele-Conference Starter Blog Live Support Goals
    Mobile Site Analysis Package Wordpress Refund Policy Success
      Choice Alerts NewsLetter    
      MissCall Alerts    
      Bullion Market Alerts      
             

 

2003 - 2014  sQuareindia Advisory Pvt. Ltd., All Rights Reserved.