COMMODITY SAMACHAR SECURITIES PVT. LTD.

📊31 DEC 2024 ACTION FOR THE DAY🧐 📉GIFT NIFTY INDICATES NIFTY TO OPEN AROUND 165 POINTS GAP DOWN🔴 INDEX SUPPORT & RESISTANCE LEVELS ✅ NIFTYS1- 23620.15 S2- 23594.45 S3- 23552.85R1- 23703.35 R2- 23729.05 R3- 23770.65 ✅ BANK NIFTYS1-50725.84, S2- 51639.15, S3- 50498.82R1- 51006.5, R2 -51093.19, R3- 51233.52 FII and DII

Read More »
Copper Price hits 2-year high, will it continue?

Copper Price hits 2-year high, will it continue?

Copper prices hit a two-year high yesterday as rising long-term demand and tight supply fueled a shortage and hopes of a US interest rate cut prompted investors to pile into the market on Monday. Copper’s key role in global electrification, from charging electric vehicles to storing energy on the grid,

Read More »

Geopolitics and its interesting relationship with Commodity Markets

The Commodity Market is a unique entity and just like other markets, several outside factors affect the flow of the market. Geopolitical factors have a profound influence on commodity markets worldwide. The interplay between political dynamics and economic forces can significantly impact commodity prices, supply chains, and market dynamics.  This

Read More »

Silver plunged to a three week low, what next?

Silver prices witnessed a speculative plunge yesterday. Prices dropped by 3.80%, its biggest intraday fall after 7 March 2023. As data from the United States showed that inflation is cooling down. While the labor market commences easing amidst US Federal Reserve (Fed) officials complaining about its tightness. Further, the BOE

Read More »

U.K. GDP, India CPI, IIP data be key driver for today

Dollar strengthened more than half percent against a basket of major currencies on Thursday. Currency sparked to the one week high after recent jobless claims data strengthened the case for the Federal Reserve to halt interest rate hikes, but kept a high bar for a year-end cuts. The number of

Read More »