The document provides a technical analysis of commodity markets. It summarizes that MCX gold and silver prices have broken out of patterns and are expected to rise further in the near term. MCX copper has completed a bullish pattern and is also forecast to increase towards 318 levels. MCX crude oil has taken support at its trendline and its indicators are bullish, suggesting it could rise to 3075. Pivot levels are provided for different commodities. Fundamental news updates gold and oil prices. International closing prices and LME inventory data are also included.
#ChoiceBroking #EquityBazaar - Today, We may witness mild negative opening in Nifty around 8755 level on back of SGX Nifty and other Asian counters which is trading on mixed note today.
#ChoiceBroking #EquityBazaar - Today, We may witness mild negative opening in Nifty around 8755 level on back of SGX Nifty and other Asian counters which is trading on mixed note today.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Scope Of Macroeconomics introduction and basic theories
Aaj ka trend 06.09.16
1. Equities I Commodities I Currencies I Mutual Funds
Aaj Ka Trend
Technical View:
MCX Gold prices has witnessed breakout of its Rising wedge
pattern at 30850 levels on hourly time frame. On the other
hand, prices have been trading above 21 HEMA on hourly time
frame. Looking at ADX, Positive Directional Index (+DMI) is in
dominating position with rising average direction index.
Moreover, Momentum Indicator RSI is trading above 60 levels
on hourly time frame. For now we expect prices should move
higher towards 31300 levels in the coming trading sessions.
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Bullions
MCX Gold Oct Hourly Chart CMP: 30985
MCX Gold (Oct) Trend: Bullish
Price potential: 31300 Reversal:30750
MCX Silver Dec Hourly Chart CMP: 45480
Technical View:
MCX Silver prices has observed breakout of Falling wedge
pattern at 44969 levels on hourly chart. Furthermore, MCX
Silver prices are trading above its 50 HEMA on hourly time
frame. Looking at ADX, Positive directional index (+DMI) is in
domination position with rising average direction index
Moreover, Momentum Indicator RSI is trading above 70 level
on hourly time frame. For now we expect prices to move
higher towards 47150 levels in few trading sessions.
MCX Silver (Dec) Trend: Bullish
Price potential: 47150 Reversal: 46000
Pivot levels for the Day
S1 S2 S3 Pivot R1 R2 R3
Gold 30922 30895 30841 30949 30976 31003 31057
Silver 46154 46003 45745 46261 46412 46519 46777
06th Sept’16
2. Equities I Commodities I Currencies I Mutual Funds
Technical View:
MCX Copper prices have completed Bullish AB = CD pattern
on hourly chart. In addition, counter is holding support of
lower band of channel. Moreover, MCX Copper is trading
below its 50 HEMA on hourly chart. On the other hand,
momentum indicator RSI is hovering near 50 levels on
hourly chart. For now we expect prices to move higher
towards 318 levels in coming trading sessions.
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
MCX Copper Nov hourly Chart CMP: 311.05
MCX Copper (Nov) Trend: Bullish
Price potential: 318 Reversal: 305.50
MCX Crude Oil Sept. Hourly Chart CMP: 2981
Technical View:
MCX Crude oil prices have taken support of its trend line on
hourly time frame. Looking at ADX, Positive directional index
(+DMI) is in domination position with rising average direction
index. Counter is trading below its 21 HEMA on Hourly time
chart. Moreover, Momentum indicator RSI is trading above
50 levels on hourly basis. For now we expect prices to move
higher towards 3075 levels in coming trading sessions.
MCX Crude Oil (Sept) Trend: Bullish
Price potential: 3075 Reversal: 2950
Pivot levels for the Day
S1 S2 S3 Pivot R1 R2 R3
Copper 309.6 308.9 307.7 310.2 310.8 311.4 319.9
Crude 2970 2936 2855 3017 3051 3098 3179
Base Metal
Energy
Aaj Ka Trend
06th Sept’16
3. Equities I Commodities I Currencies I Mutual FundsSEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Other Base Metals & Energy
S1 S2 S3 Pivot R1 R2 R3 Trend
Copper 309.6 308.9 307.7 310.2 310.8 311.4
312.7
Aluminum 104.4 104.1 103.2 105.1 105.4 106.0
107.0
Lead 130.0 129.7 128.9 130.4 130.8 131.2
131.9
Nickel 662.9 659.1 650.7 667.5 671.3 675.9
684.3
Zinc 156.7 156.4 155.8 157.1 157.3 157.7
158.4
Natural Gas 181.7 180.6 177.8 183.4 184.5 186.2
189.0
Fundamental News:
Gold drifted lower in Asia on Monday with comments from the G-20 summit in China eyed for global
coordination on monetary and fiscal policies.
Gold prices held near a one-week high during European hours on Monday, as disappointing U.S. employment
data diminished the likelihood that the Federal Reserve will raise interest rates at its policy meeting later this
month.
Gold prices held steady near a one-week high during North American hours on Monday, as trade volumes were
expected to remain light with many investors in the U.S. away for the Labor Day holiday.
Oil prices jumped Monday on reports of Saudi, Russian cooperation on output.
Saudi Arabia and Russia signed a joint statement Monday to cooperate on stabilizing oil markets.
Oil jumped Monday after Saudi Arabia and Russia agreed to cooperate to stabilize the market.
Oil prices spiked sharply during European hours on Monday, amid reports that Saudi Arabia and Russia will work
together to support the market, fueling hopes of an output freeze.
Oil prices trimmed earlier gains during North American hours on Monday, after an announcement from Saudi
Arabian and Russian officials failed to live up to market expectations.
The U.S. dollar pared losses against its Canadian counterpart on Monday, although Friday’s downbeat U.S.
employment data continued to weigh on the greenback, while climbing oil prices lent support the commodity-
related Canadian dollar.
Aaj Ka Trend
06th Sept’16
4. Equities I Commodities I Currencies I Mutual FundsSEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
International Market
Commodity Closing Price
Gold 1327.30
Silver 19.54
Crude Oil 45.32
Brent Crude Oil 47.73
Natural Gas 2.755
COMEX/NYMEX/ICE ( Precious Metals & Energy) Currency & Commodity Index
Currency (Spot) Current Price
USD / INR 66.82
Dollar Index 95.75
EUR / USD 1.1151
CRB Index* 179.99
Closing as on 05.09.16 *Closing as on 05.09.16
LME (Base Metals) ( $ per tones)
Commodity Closing Price
Copper 4626
Aluminum 1580
Zinc 2361
Lead 1969.50
Nickel 10070
SHFE (Base Metals) (Yuan per tones)
Commodity Closing Price
Copper 36550
Aluminum 11915
Zinc 18245
Lead 14360
Closing as on 05.09.16 Closing as on 05.09.16
LME INVENTORY DATA
Aaj Ka Trend
29-Aug-16 30-Aug-16 31-Aug-16 01-Sept-16 05-Sept-16
Aluminium 0 -6850 -5450 -6650 -6975
Copper 0 11650 10300 11250 13725
Lead 0 500 -425 -25 0
Nickel 0 294 -744 -1025 -666
Zinc 0 -875 -1350 -850 -575
06th Sept’16
5. Equities I Commodities I Currencies I Mutual Funds
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation
for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone
and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We
have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of
its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent
error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology,
price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis
and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research
undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information
obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty
and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available
information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form
and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The
recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the
recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution,
modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a
solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance
does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against
the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock
/Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.
Disclaimer
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SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Aaj Ka Trend
06th Sept’16
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email=anish.vyas@choiceindia.com, c=IN
Date: 2016.09.06 09:06:13 +05'30'