📣📣TODAYS EVENT:
🌐CHINESE AND US OFFICIALS WILL MEET IN SWITZERLAND FOR NEXT ROUND OF MEETING ON TARIFF. IF THE TALK GOES IN POSIITVE DIRECTION THEN IT WILL BE IN FAVOR OF UPSIDE IN BASE EMTALS, AND CRUDE OIL.
☑️WE WILL KEEP YOU UPDATED ON THE SAME.
🌐CHINESE AND US OFFICIALS WILL MEET IN SWITZERLAND FOR NEXT ROUND OF MEETING ON TARIFF. IF THE TALK GOES IN POSIITVE DIRECTION THEN IT WILL BE IN FAVOR OF UPSIDE IN BASE EMTALS, AND CRUDE OIL.
☑️WE WILL KEEP YOU UPDATED ON THE SAME.
Poll:
How many of you entered the BUY JEERA trade?
How many of you entered the BUY JEERA trade?
Anonymous Poll
16%
🔘 Yes
35%
🔘 Not yet
49%
🔘 Avoiding Jeera trades for now
🆓📈Join Us for a Free Webinar on How to use PCR Data in Live Market 📊
🕖 Date of Webinar: 9th May 2025, 07:00 PM onwards
📲 Register Now: https://tinyurl.com/2a7qd3oc
🎁 Key Benefits of the Webinar:
👉 Learn about Open Interest Chain Analysis
👉 Key to Intraday Options Trading
👉 Tricks of PCR Trading
👉 Q&A session
🎤 Speaker:
• Mr. Nitin Murarka, Head Research (Derivatives), SMC
🕖 Date of Webinar: 9th May 2025, 07:00 PM onwards
📲 Register Now: https://tinyurl.com/2a7qd3oc
🎁 Key Benefits of the Webinar:
👉 Learn about Open Interest Chain Analysis
👉 Key to Intraday Options Trading
👉 Tricks of PCR Trading
👉 Q&A session
🎤 Speaker:
• Mr. Nitin Murarka, Head Research (Derivatives), SMC
Gold is taking correction, where do you see the next level?
Anonymous Poll
25%
97500
23%
95000
52%
94600
📊 POLL: Did you enter the Copper sell trade?
Anonymous Poll
26%
✅ Yes
54%
❌ No
10%
👀 Planned but missed
9%
🤔 Waiting
💥💥PAKISTAN’S AIR DEFENCE UNITS OF HQ-9 AIR DEFENCE MISSILE LAUNCHERS HAVE SUFFERED HEAVY DAMAGE: SOURCES ANI
⚠️⚠️Impact: Gold price rebounded from the low
⚠️⚠️Impact: Gold price rebounded from the low
✅✅CRUDE OIL UPDATE:
Russian President Vladimir Putin and Venezuelan President Nicolas Maduro on Wednesday signed a strategic partnership agreement in a ceremony shown on state TV.
The two leaders also discussed energy and oil during their talks in Moscow, Russia's Interfax news agency reported.
Russian President Vladimir Putin and Venezuelan President Nicolas Maduro on Wednesday signed a strategic partnership agreement in a ceremony shown on state TV.
The two leaders also discussed energy and oil during their talks in Moscow, Russia's Interfax news agency reported.
✅✅GOLD UPDATE:
The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed funds leading the move due to the country's trade war with the U.S., data from the World Gold Council showed on Thursday.
The inflow intensified in April when the world's two largest economies exchanged tit-for-tat import tariffs, although investors seeking shelter from political and economic volatility were moving into gold ETFs since the start of 2025.
The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed funds leading the move due to the country's trade war with the U.S., data from the World Gold Council showed on Thursday.
The inflow intensified in April when the world's two largest economies exchanged tit-for-tat import tariffs, although investors seeking shelter from political and economic volatility were moving into gold ETFs since the start of 2025.
Operation Sindoor: Pakistan has targeted Jammu with loitering munitions; Indian Air Defence guns are firing back
SOURCE: ANI NEWS
SOURCE: ANI NEWS
✅✅TECHNICAL UPDATE:
Crude oil on the Multi Commodity Exchange (MCX) saw a sharp rebound today, surging from an intraday low of ₹4942 to a high of ₹5152, indicating strong bullish momentum. This swift upward movement suggests renewed buying interest, with prices now approaching a key resistance level around ₹5230. A breakout above this resistance could pave the way for further gains, while failure to breach it may trigger profit-booking or a reversal. On the downside, immediate support is seen near ₹4940, making it a crucial level to watch. Traders should monitor these technical zones closely for potential trading opportunities in the coming sessions.
Crude oil on the Multi Commodity Exchange (MCX) saw a sharp rebound today, surging from an intraday low of ₹4942 to a high of ₹5152, indicating strong bullish momentum. This swift upward movement suggests renewed buying interest, with prices now approaching a key resistance level around ₹5230. A breakout above this resistance could pave the way for further gains, while failure to breach it may trigger profit-booking or a reversal. On the downside, immediate support is seen near ₹4940, making it a crucial level to watch. Traders should monitor these technical zones closely for potential trading opportunities in the coming sessions.