• Vadilal Market
  • Vadilal Market
vadilalmarkets It's all about managing risk...

Trading Tips

DATE Expectation Supports Resistance Expected Daily Range Based on Technical Analysis
16-Aug-2017 1st Level 2nd Level 1st Level 2nd Level 10 Day MA 30 Day MA 100 Day MA RSI 14 Day
COPPER RANGE-BOUND 6346.00 6312.00 6422.00 6465.00 6404.00 6161.60 5848.57 57.07
ALUMINIUM DOWN 2027.00 2006.00 2063.00 2078.00 1994.15 1944.52 1925.19 75.82
NICKEL RANGE-BOUND 10283.00 10217.00 10463.00 10577.00 10525.50 9907.83 9504.30 50.24
ZINC DOWN 2924.00 2888.00 2980.00 3001.00 2885.60 2821.98 2688.13 75.95
LEAD UP 2353.00 2324.00 2399.00 2417.00 2359.85 2314.95 2226.53 65.33
TIN DOWN 19415.00 18730.00 20580.00 21060.00 20363.50 20184.17 19950.95 28.96
A technical Indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought & oversold condition of an asset. It ranges from 0 to 100. At above 70 it is considered overbought while at below 30 it is considered oversold.
MOVING AVERAGES Closing Moving Average is the average of past closing prices taken for a given period for a given commodity.
This is for reference and private circulation only and is subject on the express understanding that it is on no account to be communicated to a third party. Though publication is ensured with market information, this should not be considered as contractual counsel and VEL will not be responsible