Important Levels for commodities for the day

comex

Active Member
September 12th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 117.1 113 111
Copper---------------- Down------------------- 477.9 468 459
Crudeoil--------------- Down------------------- 7059 6896 6726
Gold-------------------- Down------------------- 31,820 30,853 30,125
Lead-------------------- Down------------------- 139.9 135 132
Naturalgas----------- Down------------------- 233.8 233 226
Nickel------------------ Down------------------- 907 878 860
Silver------------------- Down------------------- 54240 52700 51300
zinc--------------------- Down------------------- 122.7 118 116

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 

comex

Active Member
September 13th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 116.6 114 113
Copper---------------- Down------------------- 475.3 462 453
Crudeoil--------------- Up----------------------- 7042 7021 6867
Gold-------------------- Down------------------- 31,572 30,180 29,398
Lead-------------------- Down------------------- 139.1 136 133
Naturalgas----------- Down------------------- 237 233.7 228
Nickel------------------ Down------------------- 903.5 889 871
Silver------------------- Down------------------- 53700 50600 48900
zinc--------------------- Down------------------- 122.1 120 117

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 

comex

Active Member
September 16th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 115.9 113 110
Copper---------------- Down------------------- 472 459 450
Crudeoil--------------- Down------------------- 7013 6888 6729
Gold-------------------- Down------------------- 31,286 29,629 28,923
Lead-------------------- Down------------------- 138 132 128
Naturalgas----------- Down------------------- 237 233.7 228
Nickel------------------ Down------------------- 900 883 864
Silver------------------- Down------------------- 53080 49500 47900
zinc--------------------- Down------------------- 121.3 118 116

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 

DSM

Well-Known Member
O.k Comex, Wonder if you can provide a satisfactory answer to this :

Commodity prices on MCX should have 1:1 co-relation to international commodity prices. USDINR rate, can be factored in as well. But am trying to understand why prices vary widely to international prices factoring USDINR last closed -0.97 down.

Commodity MXC Comex
Crude -2.75 -1.02
Copper -0.98 +0.85
Gold -1.72 +0.66
NG 0.21 +1.59
Silver -2.24 +1.30





September 16th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 115.9 113 110
Copper---------------- Down------------------- 472 459 450
Crudeoil--------------- Down------------------- 7013 6888 6729
Gold-------------------- Down------------------- 31,286 29,629 28,923
Lead-------------------- Down------------------- 138 132 128
Naturalgas----------- Down------------------- 237 233.7 228
Nickel------------------ Down------------------- 900 883 864
Silver------------------- Down------------------- 53080 49500 47900
zinc--------------------- Down------------------- 121.3 118 116

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 

comex

Active Member
September 17th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 114.7 110 109
Copper---------------- Down------------------- 469 459 451
Crudeoil--------------- Down------------------- 6964 6777 6614
Gold-------------------- Down------------------- 30,928 29,975 29,405
Lead-------------------- Down------------------- 136 129 126
Naturalgas----------- Down------------------- 237 234 231
Nickel------------------ Down------------------- 894 876 861
Silver------------------- Down------------------- 52322 50000 48800
zinc--------------------- Down------------------- 120.2 117 115

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 

comex

Active Member
O.k Comex, Wonder if you can provide a satisfactory answer to this :

Commodity prices on MCX should have 1:1 co-relation to international commodity prices. USDINR rate, can be factored in as well. But am trying to understand why prices vary widely to international prices factoring USDINR last closed -0.97 down.

Commodity MXC Comex
Crude -2.75 -1.02
Copper -0.98 +0.85
Gold -1.72 +0.66
NG 0.21 +1.59
Silver -2.24 +1.30
USDINR may close at 5 PM on our exchanges but it trades late in the night, so even if it closes here the open may be totally different next day. The 1:1 corelation does not exist when the currency is not stable.
 

comex

Active Member
September 18th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 114.1 111 109
Copper---------------- Down------------------- 467.2 459 452
Crudeoil--------------- Down------------------- 6918 6648 6505
Gold-------------------- Down------------------- 30,760 30,063 29,449
Lead-------------------- Down------------------- 134.9 129 127
Naturalgas----------- Up--------------------- 241 235 234
Nickel------------------ Up--------------------- 891 873 861
Silver------------------- Down------------------- 51910 49800 48600
zinc--------------------- Down------------------- 119.6 117 115

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 
Last edited:

TraderPRO

Well-Known Member
September 18th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 114.1 111 109
Copper---------------- Down------------------- 467.2 459 452
Crudeoil--------------- Down------------------- 6918 6648 6505
Gold-------------------- Down------------------- 30,760 30,063 29,449
Lead-------------------- Down------------------- 134.9 129 127
Naturalgas----------- Up--------------------- 241 235 234
Nickel------------------ Up--------------------- 891 873 861
Silver------------------- Down------------------- 54890 54300 53300
zinc--------------------- Down------------------- 119.6 117 115

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.


Is there any copy paste error. I dont see prices near any of these levels..ex, silver trading at 48k+
Am i missing something?
 

stock72

Well-Known Member
would u help me to get OHLC ( open / high / low / close ) of crude oil for some years .. from say 2008 ...


September 18th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down------------------- 114.1 111 109
Copper---------------- Down------------------- 467.2 459 452
Crudeoil--------------- Down------------------- 6918 6648 6505
Gold-------------------- Down------------------- 30,760 30,063 29,449
Lead-------------------- Down------------------- 134.9 129 127
Naturalgas----------- Up--------------------- 241 235 234
Nickel------------------ Up--------------------- 891 873 861
Silver------------------- Down------------------- 51910 49800 48600
zinc--------------------- Down------------------- 119.6 117 115

How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.
 

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