15th May: Mid day report for Comex Futures and Currency markets
Tuesday, May 15, 2018
TIME: 3:22pm IST
MID DAY UPDATE FOR GLOBAL MARKETS
There will be a technical break down ….For subscribers
Comex Gold June 2018: Support: Resistance: For subscribers
Comex Silver July 2018: For subscribers
Comex Copper July 2018: Support: $305.50-$307.10 Resistance: $310.80-$313.80. Copper can move $10 either side any time. Copper needs to trade over $309.10 for the rest of the day to prevent a sell off. Better to remain on the sidelines in copper.
Nymex Crude Oil: For subscribers
Euro/usd: For subscribers
Gbp/usd: Support: 1.3483-1.3506 Resistance: 1.3633-1.3663. Cable can rise to 1.3663 as long as it trades over 1.3506. Bearish trend will be there on a fall below 1.3506.
Usd/jpy: For subscribers
Usd/idr: For subscribers
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Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, crypto currencies. metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani
Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.
NOTES TO THE ABOVE REPORT
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
PLEASE USE A STOP LOSS OF MINIMUM RS.5000-RS.8000 PER LOT ON ALL INTRA DAY TRADES
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORT
Indian Standard Time (IST): +5:30 GMT