Sharekhan

In today’s Commodity podcast, we have covered #Naturalgas MCX Natural gas price has experienced a decline of -4.13% in today’s trading sessions. The higher high higher low formation within rising channel indicates short term trend is bullish. The key support level at 306 level (50 DEMA) is crucial for maintaining the bullish outlook, The positive crossover in macd supports the bullish momentum in upcoming trading sessions Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw #MiraeAssetSharekhan #CommodityMarket #Naturalgas #MiraeAssetSharekhan #CommodityMarket

In today’s Commodity podcast, we have covered #CrudeOil MCX crude oil breached the ascending trendline on Thursday, closed above it and traded above the same on Friday too. It is trading above the 9-day Exponential Moving Average (EMA) and closed above the same for the second consecutive session. The momentum indicator RSI is rising and reading at 47.10, which indicates the short term trend is bullish. However it may find resistance at the 61.8% Fibonacci retracement. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw #MiraeAssetSharekhan #CommodityMarket #CrudeOil #MiraeAssetSharekhan #CommodityMarket

Today we have an update on #Silver MCX Silver price has closed positive up by Rs +700 points indicates short term trend is bullish. The metal price has found support at the trendline around Rs 94,700 level. The price trading above 20 DEMA supports the bullish outlook. The positive crossover in MACD suggests the bullish momentum may continue in upcoming trading sessions. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #Silver #MiraeAssetSharekhan #CommodityMarket

Today we have an update on #Naturalgas MCX Natural gas price has shown a positive movement up by +5.31% in today’s trading sessions indicates short term trend is bullish. The higher high higher low formation within rising channel and price taking support at 20 DEMA supports the bullish sentiments in the market. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #Naturalgas #MiraeAssetSharekhan #CommodityMarket

Today we have an update on #CrudeOil. The recent price movement signals a major shift in market sentiment. A breakout above the critical resistance level of Rs. 5,042 suggests a possible reversal from bearish to bullish in the short to medium term. 🔹 If the price sustains above Rs. 5,042, it could trigger further upside, with potential targets at Rs. 5,300 and Rs. 5,447. 🔹 The MACD indicator is expected to show a positive crossover, indicating bullish momentum and supporting the case for a continued price increase. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #CrudeOil #MiraeAssetSharekhan #CommodityMarket

In today’s Commodity podcast we have covered #silver MCX Silver price, it appears that the market is currently experiencing bearish sentiment. The price has broken a downward trendline, indicating a continuation of bearish sentiment. If the price breaks above this level, it might indicate a possible trend reversal. The MACD indicator is anticipated negative crossover in suggesting bearish momentum in upcoming trading sessions. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #silver #MiraeAssetSharekhan #CommodityMarket

In today’s Commodity podcast we have covered #Gold The recent trading for MCX Gold has indeed shown a bearish trend, closing by (-2.45%) in weekly trading sessions. The formation of lower highs and lower lows within falling channel and price trading below 20 DEMA further reinforces the bearish sentiments in the market. The negative crossover in the MACD suggests bearish momentum may persist in the near term. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #Gold #MiraeAssetSharekhan #CommodityMarket

In today’s Commodity podcast we have covered #CrudeOil Crude oil price movement indicates a clear bearish trend, marked by formation of lower highs lower lows. The failure to surpass the resistance level at Rs 5435 (20 DEMA), reinforces the prevailing bearish sentiment in the market. This resistance level is crucial, its inability to be breached suggests that the downward trend may persist. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #CrudeOil #MiraeAssetSharekhan #CommodityMarket

In today’s Commodity podcast we have covered #CrudeOil Crude oil price movement highlights a bearish trend characterized by lower highs and lower lows. The failure to breach the upper resistance at the Rs 5570 level and the inability to break above this level suggest that the bearish trend may continue. The key support level breach below the level could lead to further decline. The anticipated negative crossover in the MACD supports the bearish momentum. Source - Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #CrudeOil #MiraeAssetSharekhan #CommodityMarket