Market report 31.08.2022

 

·                             Indian markets are closed due to “Ganesh Chaturthi” & “Samvatsari”.

 

Wish you

                 Happy “Ganesh Chaturthi” & “Samvatsari”.

Please find old research links

https://buysellbs.blogspot.com/2022/08/market-repot-30082022.html

https://buysellbs.blogspot.com/2022/08/market-report-29082022.html

https://buysellbs.blogspot.com/2022/08/indicators-to-predict-market-27082022.html

https://buysellbs.blogspot.com/2022/08/market-report-26082022.html

https://buysellbs.blogspot.com/2022/08/market-report-25-8-22.html

 

Thank You

Team BuySell BS

Market repot 30.08.2022

30^th, August,2022                                                                             

 

Commodity	Buy level (LME) Near	Sell level (LME) Near	48 Hours range	10 Days range
Copper	≤7800	≥8200	7800-8000	7600-8200
Aluminium	≤2300	≥2500	2375-2425	2350-2450
INR	≤79.30	≥80.10	79.40-79.80	79.30-80.10

 

 

 

 

       OUR VIEW

Commodity: -       Looks Bearish trend,

                               Copper- Current level are better selling level.

                              Aluminium- Current level are better selling level.

USD/INR: -          Better level to buy.

      FACTORS AFFECTING MARKET

·         Rise in coronavirus cases in china is new development of event due to that price of base metal has fallen.

·         Now power supply concern across the global resolved bit, which may protect price of base metals.

·          FED’s aggressive approach of rate hike and Recession fear news will make noise for couple of days. Till market will remain downward.

·         INR will be strong for one or two day, and get back near to 80 in on time. Rupee is strong due to RBI’s intervention.

\\             Previous forecasting result achieved, showing in Red:

Commodity	48 Hours range	10 Days range
Copper	7800-8100	7500-8300
Aluminium	2350-2425	2300-2500
INR	79.80(29/08)-80.10 (29/08)	79.30-80.20 (29/08)

 

Find previous research, All you need to know.

https://buysellbs.blogspot.com/2022/08/market-report-29082022.html

Thank You

Rahul Mudra

Disclaimer: This article is for Study and research purpose. Request you to use your wisdom before applying it.

Market report 29.08.2022

29^th,August,2022                                                                             

 

Commodity	Buy level (LME) Near	Sell level (LME) Near	48 Hours range	10 Days range
Copper	≤7700	≥8200	7800-8100	7500-8300
Aluminium	≤2200	≥2450	2350-2425	2300-2500
INR	≤79.50	≥80	79.80-80.10	79.30-80.20

 

 

 

 

     OUR VIEW

Commodity: -         Looks to Bearish trend,

                               Copper- Sell ≥ 8200 level, Buy ≤ 7700

                              Aluminium- Sell ≥ 2450 level, Buy≤ 2200

USD/INR: -          Looks to range bound, Sell ≥ 80 and Buy ≤ 79.50

      Reference Factors

·         Although, LME is closes due to summer bank Holiday.

·         But, due to fed’s board statement about inflation and aggressive rate hike has disturb market sentiments.

·         Base metal has fallen due to energy crisis has resolved bit and strong USD.

·         Every one say volatile trend in base metal but volatile trend is more than range bound levels. It is because one day we get positive sentiments another day we get negative sentiments.

·         Rupee is down due to strong Dollar.

·         Rupee’s strength is totally depend on RBI’s protective approach else, rupee may have depreciated any level above $81 and more.    

      Thank you

Rahul Mudra

Disclaimer: This article is for Study and research purpose. Request you to use your wisdom before applying it. 

 

Indicators to predict market 27.08.2022

27^th, August,2022                                                                              

Indicators to predict market.

Apart from demand and supply, some factors are there by which we can predict direction of the market:

1.      If Rupee (INR) is strong against US Dollar, Base metal will go up.

2.      If Silver is strong, Base metal will go up.

3.      If Gold is Strong, Base metal will go down.

4.      If sudden demands of Gold raise means, some panic in market.

5.      If Equity market is strong, mostly commodity will go downward.

6.      If Crude oil is strong, Base metal will go up.

7.      If Crude oil is up, INR will be weakened in long run.

Although current situation prevailing at that time in market can change scenario.

Thank You

Rahul Mundra

Hindi Translation:

 

बाजार की भविष्यवाणी करने के लिए संकेतक। मांग और आपूर्ति के अलावा कुछ कारक हैं जिनसे हम बाजार की दिशा का अनुमान लगा सकते हैं,

1. अगर अमेरिकी डॉलर के मुकाबले रुपया (INR) मजबूत होता है, तो बेस मेटल ऊपर जाएगा।

2. चांदी मजबूत हुई तो बेस मेटल में तेजी आएगी।

 3. अगर सोना मजबूत होता है तो बेस मेटल नीचे जाएगा।

 4. अगर अचानक सोने की मांग बढ़ने का मतलब बाजार में कुछ दहशत है।

5. अगर इक्विटी बाजार मजबूत है, तो ज्यादातर कमोडिटी नीचे की ओर जाएगी।

6. अगर कच्चा तेल मजबूत होता है, तो बेस मेटल ऊपर जाएगा।

 7. अगर कच्चा तेल ऊपर जाता है, तो लंबे समय में INR कमजोर हो जाएगा। हालांकि बाजार में उस समय की मौजूदा स्थिति परिदृश्य को बदल सकती है।

धन्यवाद

राहुल मुंद्रा