Page 8 - Commodity Trading

Tata Steel, Vedanta: Rally in metal stocks may just have begun, charts show

The Nifty Metal index is struggling to sustain above the 3,600 mark. However, once breached decisively, an up move towards 4,000 levels can not be ruled out.

Base metals edge higher; Copper surges above $9,000 on shortfall concerns

Copper climbed as much as 4 per cent on Monday and is heading for an unprecedented eleventh monthly rise in February

Trading strategies for lead and crude oil by Tradebulls Securities

Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator

Trading strategies for natural gas and gold by Tradebulls Securities

Natural Gas has made 'shooting star' candlestick pattern at the top end of the swing range and, consequently, retraced back

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel

CME has raised margin for silver to push back any more speculative moves

Commodities outlook & trading strategies by Bhavik Patel of Tradebulls Sec

If silver can break above the $26 level, then it is likely that the market goes looking towards the $27.50 level, and then eventually the $28 level

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel

Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies

Trading strategies for Gold and Aluminum by Bhavik Patel of Tradebulls Sec

Low interest rate is also making gold an attractive bet. We might see inflation coming up in 2021 so that will also be another positive factor for gold

Trading strategies for Crude oil and Zinc by Bhavik Patel of Tradebulls Sec

With fresh lockdown from the UK and more lockdown appearing in European countries, demand for crude is likely to take hit during Christmas season

Trading strategies for natural gas and aluminium by Tradebulls Securities

It seems that a near term top has been established in aluminum and we might see pullback till levels of 158 before uptrend resumes

Stock bulls find validation in reflation signals across commodity markets

Progress toward vaccines and easing US political uncertainty helped lift an MSCI index of world stocks to its best month ever in November while driving down the dollar

Trading strategies for gold and nickel by Tradebulls Securities

Gold made 'Hammer' candlestick in the month of November after slipping 5.4 per cent and has now bounced back

Govt cuts import duty on crude palm oil to 27.5% effective Nov 27

The government on Thursday reduced the basic customs duty on crude palm oil to 27.5 per cent, a move that would increase availability of the commodity in the domestic market.

NSE to launch first agricultural commodity futures contract in December

The contract will facilitate the soybean oils processing and allied industries in India and overseas, a perfect hedging tool for managing their price, the National Stock Exchange said

Trading strategies for copper and zinc by Bhavik Patel of Tradebulls Sec

Copper is already trading above its important moving average of 20 and 50 DMA but the breakout from the range has given new direction to Copper

Trading strategies for zinc and nickel by Tradebulls Securities

On the daily scale, Zinc has witnessed a crossover of 20 and 50 EMA, suggesting fresh sign of bullishness

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has made 'Piercing line' candlestick pattern on daily scale, which has bullish implementation

Trading strategies for natural gas and lead by Tradebulls Securities

Natural Gas has given sell crossover of 20 and 50 EMA on daily scale

Commodity picks: 28 September, 2020

Wheat is trading at Rs 1,786 per quintal in Delhi

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has breached its range of 3,130-3,230 with volumes