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NTDTRADING 2017 GLOBAL COMMODITIES OUTLOOK


NTDTRADING IS THE FIRST IN THE WORLD TO FORECAST "BRENT OIL CRASH "AND "BRENT OIL APPRECIATE" AND WE ARE SPOTTED ON THE  TOP OF THE GOOGLE SEARCH. THIS IS PROUD MOMENT FOR INDIA.

1) BRENT OIL :(CMP 57)
 
VIEW: - BULLISH  Demand Level: - 48 - 51
                Supply Level: - 71 " 81
 
IMPRESSION : Prices has made base around 48-51 levels for further upside of 71-81, Around 81 prices can face stiff supply as there is 100 months Moving Average with downward slope & Important  Retracement levels of 61.8% .August/September 2017 could be possible top for Brent Oil As per Fibb time cycles.

 
 

 

BASE METALS 

 
2) COPPER: (CMP 2.51)

VIEW= Bullish  Demand Range 2.14 - 2.30
              Supply Range 2.84 " 2.99 
 
IMPRESSION : Risk Reward Favors Around 2.30 As It Has Outperformed Other Base Metals.



 3) ZINC: (CMP : 2550)

VIEW=NEUTRAL  Demand Level: - 2030
              Supply Level: - 3250- 3300
 
IMPRESSION :  Should under perform  as monthly chart has made Inside Bar, so prices can fall up to 2030-2000 level.
 

 
4) LEAD:- (CMP:  2005)

VIEW= Very Negative Demand level: - 1800
                Supply level: - 2400
 
IMPRESSION :  Lead has comparatively under performed to its peers by broking last months low, so it will be in correction mode for next few months.
 

 
5) ALUMININUM: (CMP 1695)

VIEW=Very Negative Demand Level: - 1500 
               Supply Level: 1800
 
IMPRESSION :  After making low of 1432 in November 2015 it has made high of 1794 in  November 2016. Since last month Aluminum is in correction mode. For next few months it can fall up to 1500 levels.
 

 
6) Nickel: (CMP 10135)

VIEW:-  Negative Demand Level: - 8500 
                Supply Level: 11500-12000
 
IMPRESSION : Prices has broken last month low approx 10300, for next few months will be in correction mode up to 8500.
 

 
7) IRON ORE : (CMP 56)
Demand level :- 40-50 Supply level:  70-80
 






PRECIOUS METALS

 
8) GOLD: (CMP 1147)

VIEW=  Bullish  Demand level: - 1060 -1111
                Supply level: - 1550
 
IMPRESSION :  After making recent high of 1375, Prices has given correction up to 1124 (Approximately 0.786% Retracement level of last move from 1046). Coming period we are seeing price to hold 1111 level firmly and should cross recent high of 1375 for further upside of 1550.
 
 


 
9) SILVER:  (CMP 16.15)  
 
VIEW: - Super Bullish  Demand Level: - 14 - 15
                Supply Level: - 26 " 28
 
IMPRESSION :  14 " 15 is huge demand level for further upside of 26 -28.Risk rewards favors long term investment for next super cycle for multi-bagger returns up to 400%.
 

{30 DEC 2016}


BRENT OIL & BASE METALS MONTHLY CHART



PRECIOUS BASE METALS MONTHLY CHART

























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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