WTICRUDE0 Telegram 984
*Evening Technical Levels for Metals and Energy*
*Tuesday | 05th May 2020*

*Bullion*
*MCX Gold June (Rs)*
Support S1 45230 S2 44880
Resistance R1 45790 R2 46030

*Spot Gold ($)*
Support S1 1700 S2 1694
Resistance R1 1711 R2 1717

*MCX Silver July (Rs)*
Support S1 40500 S2 39740
Resistance R1 41890 R2 42710

*Spot Silver ($)*
Support S1 14.74 S2 14.55
Resistance R1 15.08 R2 15.24

*Base Metals*
*LME Copper ($)*
Support S1 5100 S2 5040
Resistance R1 5180 R2 5230

*MCX Copper May (Rs.)*
Support S1 397 S2 394
Resistance R1 403 R2 407

*MCX Zinc May*
Support S1 148.00 S2 145.80
Resistance R1 152.30 R2 154.00

*MCX Lead May*
Support S1 131.90 S2 129.80
Resistance R1 136.40 R2 138.30

*MCX Aluminium May*
Support S1 128.40 S2 125.90
Resistance R1 132.70 R2 134.90

*MCX Nickel May*
Support S1 895 S2 883
Resistance R1 920 R2 934

*Energy*
*MCX Crude May*
Support S1 1650 S2 1590
Resistance R1 1800 R2 1860

*Nymex Crude ($) June*
Support S1 22.00 S2 21.55
Resistance R1 22.70 R2 23.05

*ICE Brent Crude ($) June*
Support S1 29.00 S2 28.60
Resistance R1 29.65 R2 30.10

*MCX Natural Gas May*
Support S1 155 S2 151
Resistance R1 165 R2 172

*US IMP Data :-*

06:00 PM : Trade Balance m/m Forecast -41.0B Previous -39.9B
07:15 PM : Final Services PMI Forecast 27.0 Previous 27.0
07:30 PM : ISM Non-Manufacturing PMI Forecast 37.5 Previous 52.5
Tentative: IBD/TIPP Economic Optimism Forecast 35.2 Previous 47.8



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*Evening Technical Levels for Metals and Energy*
*Tuesday | 05th May 2020*

*Bullion*
*MCX Gold June (Rs)*
Support S1 45230 S2 44880
Resistance R1 45790 R2 46030

*Spot Gold ($)*
Support S1 1700 S2 1694
Resistance R1 1711 R2 1717

*MCX Silver July (Rs)*
Support S1 40500 S2 39740
Resistance R1 41890 R2 42710

*Spot Silver ($)*
Support S1 14.74 S2 14.55
Resistance R1 15.08 R2 15.24

*Base Metals*
*LME Copper ($)*
Support S1 5100 S2 5040
Resistance R1 5180 R2 5230

*MCX Copper May (Rs.)*
Support S1 397 S2 394
Resistance R1 403 R2 407

*MCX Zinc May*
Support S1 148.00 S2 145.80
Resistance R1 152.30 R2 154.00

*MCX Lead May*
Support S1 131.90 S2 129.80
Resistance R1 136.40 R2 138.30

*MCX Aluminium May*
Support S1 128.40 S2 125.90
Resistance R1 132.70 R2 134.90

*MCX Nickel May*
Support S1 895 S2 883
Resistance R1 920 R2 934

*Energy*
*MCX Crude May*
Support S1 1650 S2 1590
Resistance R1 1800 R2 1860

*Nymex Crude ($) June*
Support S1 22.00 S2 21.55
Resistance R1 22.70 R2 23.05

*ICE Brent Crude ($) June*
Support S1 29.00 S2 28.60
Resistance R1 29.65 R2 30.10

*MCX Natural Gas May*
Support S1 155 S2 151
Resistance R1 165 R2 172

*US IMP Data :-*

06:00 PM : Trade Balance m/m Forecast -41.0B Previous -39.9B
07:15 PM : Final Services PMI Forecast 27.0 Previous 27.0
07:30 PM : ISM Non-Manufacturing PMI Forecast 37.5 Previous 52.5
Tentative: IBD/TIPP Economic Optimism Forecast 35.2 Previous 47.8

BY WTI CRUDE CALLS


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